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[-] danc4498@lemmy.world 57 points 5 days ago* (last edited 5 days ago)

Don't worry, the people responsible in 2008 were held accountable. They also didn't profit massively off the economic collapse. Frodo also got the ring to Mordor. He had some help, but the ring was ultimately destroyed.

[-] DickFiasco@sh.itjust.works 131 points 5 days ago

My favorite quote from The Big Short:

In the years that followed, hundreds of bankers and rating agency executives went to jail. The SEC was completely overhauled, and Congress had no choice but to break up the big banks and regulate the mortgage and derivatives industries.

Just kidding. Banks took the money the American people gave them, and they used it to pay themselves huge bonuses, and lobby the Congress to kill big reform. And then they blamed immigrants and poor people, and this time even teachers.

[-] madcaesar@lemmy.world 32 points 5 days ago

Obama's biggest failures are not going after these fuckers and the W war criminals

[-] kreskin@lemmy.world 18 points 4 days ago

I thought his biggest failure was his raining hellfire on whistleblowers, kids protesting, and immigrants, but I'm willing to debate this. The real sting is that we had such high hopes and we got ...that, instead, and then Biden after. I was so happy when Obama was elected the first time.

[-] jason@discuss.online 13 points 4 days ago* (last edited 4 days ago)

2009 should have been the end of trying to "reach across the aisle." 2010 should have been the end of the filibuster.

[-] manxu@piefed.social 7 points 4 days ago

HOPE was his campaign slogan, after all...

[-] bedwyr@piefed.ca 6 points 4 days ago

I never had high hopes, sadly I called it.

For the most part, as usual the democrats did even worse than I thought they would, but I also called that, but they did worse than even I knew they would do worse.

[-] Rhaedas@fedia.io 22 points 5 days ago

Dr. Burry! If the investors withdraw, what's gonna happen here? Are we done?

Honestly, I don't know! The... the... The bonds aren't going down! They won't move! It's possible that we are in a completely fraudulent system.

Or... you're, you're wrong.

Sure! It's possible, I just don't know how!

[-] Zer0_F0x@lemmy.world 15 points 5 days ago

You'll never guess Burry's current companies he's shorting lol

[-] bedwyr@piefed.ca 9 points 4 days ago

They blamed all the foreclosees loudly and publicly despite it being their own fault, while they got bailed out on our tax dollars. Insult to injury the rich blaming the foreclosees hardly even pay any taxes.

[-] danc4498@lemmy.world 3 points 5 days ago

So true, and God damn so effective.

[-] Rhaedas@fedia.io 10 points 5 days ago

One part of that is just a story. As for the other part: I'm glad Frodo made it with help from his friends.

[-] edible_funk@lemmy.world 3 points 4 days ago

One brown man faced legal consequences for the 2008 crash. One brown man.

[-] trolololol@lemmy.world 5 points 4 days ago

Who was held responsible? That was a big joke.

this post was submitted on 14 Oct 2026
784 points (99.0% liked)

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