senor, where did banks and brokers get the idea of SIV's and setting them up outside of the balance sheet to avoid disclosure?
Ms Marooon--the idea came from your favorite government, the USA--dubya says all is great and budget is great and will be balanced but he does not count costs for iraq/afghan, etc. or FICA or Medicare---so you to can increase your net worth by simply not counting DEBT ---walaaaahhhhhh--and then you can borrow more---
senor, why do the economic numbers of USA not reflect reality and also why do American politicians never worry about debt?
Hombre'--on debt, the pols do not talk of debt but just spend to make you happy so you will vote for them and it is YOU who should worry about debt, but you do not as you feel entitled---part two is easy:big al greenspan believed that perception was more important than truth and perception could become truth and thus be controlled so he modeled economic stats to fit the views that he and the pols wanted---thus truth got trampled but now the perceptions are being recognized as horseshit and reality is setting in and a gigantic hangover is ahead of USA for years of living on borrowed money and convenient lies....
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