Archive for the 'IndyMac' Category

IndyMac, Sorry Everybody!!!!!

Jim Pence July 12th, 2008

IndyMac goes bust and folks could lose as much as $500 million. Reckon foreclosure Phil will give these folks permission to whine?

Phil Gramm:
"You’ve heard of mental depression; this is a mental recession, we have sort of become a nation of whiners. You just hear this constant whining, complaining about a loss of competitiveness, America in decline."

John McCain described Gramm, one of his top economic advisors this way.
"No one who is more respected on the issue of economics than Phil Gramm," McCain said.

Read more about IndyMac .

Keith Olbermann, Phil Gramm May 27, 2008