Politics
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- BattleAxe0
why did we let the bankers do whatever they wanted too
- We didn't. congress told them they needed to start making loans to no traditional families.********
- Those families didnt have stable jobs, incomes or enough income for the property they bought.********
- On top of that, the bank knowing these people were not educated set them up with sub prime loans which allowed********
- $800 mortgages when rates were low, but rates sky rocketed along with the payments.********
- They only paid interest on the loans therefore never decreasing the debt********
- It's easy to blame the poor because they don't have any representation.IRNlun6
- It's easy to blame the poor because they don't have any responsibility.tommyo
- The poor don't have any 'representation?' I don't get that. The poor need some PR for the idiotic mortgages they took out?tommyo
- Where is my 'representation' as a responsible home owner who has paid all of his bills, and is now expected to pay theirs too?tommyo
- We didn't. congress told them they needed to start making loans to no traditional families.
- ********0
its just because Bank of America is on the right track, but no reason to be optimistic, it will go down on monday
- TheBIueOne0
If only Bernie Madoff hadn't tricked all those minorities into taking out subprime loans.
- ********0
I'm here, ukit. Had to take some time off as this thread was getting a bit too thick. Looks like not much had changed. Where's my homey, DrB?
- TheBIueOne0
“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.”
http://www.nytimes.com/2009/03/1…
Man, does that sound gangsta, or what?
- We had an altercation at sea with them last week too. Fun stuff! http://www.iht.com/a…tommyo
- GeorgesII0
yeahhhh we can't make up our own mind, so lets fox do it for us.
- ukit0
- Not surprised that the Red states are the least educated in the nation and so happen to be brainwashed Republican strongholds, go figure!utopian
- < strongholds...utopian
- they have surrounded and chuck norris is their presidentTheBlueOne
- TheBIueOne0
Shut. The. Fuck. Up.
- TheBIueOne0
It is not now, nor has it ever been a "free market", unless by "free" you mean letting insiders freely game the system for profit with no accountability. But sure, go ahead and blame it on poor people "buying" houses they couldn't afford. Because you know, the guys at FOX and CNBC and all the other media conglomerates and their think tank talking heads tied into the financial companies tell you that's the real story.
http://www.nakedcapitalism.com/2…
"Keep you doped with religion and sex and TV,
And you think you're so clever and classless and free,
But you're still fucking peasents as far as I can see"
- TheBIueOne0
...and finally, a use for the BLINK tag:
http://www.boingboing.net/2009/0…
- janne760
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- Krassy0
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- janne760
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- ********0
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get the fuck out of here
- TheBIueOne0
Damn poor people forcing the financial companies to act unethically again.
- TheBlueOne0
Republicans: Unable to Live Within Their Means.
"...according to the Center for Responsible Lending, who has just issued a new report that shows nine of the top ten districts with the most foreclures are Republican and most likely to receive the bulk of any homeowner bailout, and thus, at least according to one On Air editor of a major cable network, fit the definition of "losers".
http://www.examiner.com/x-1765-U…
So ACORN people vote Republican. Who knew.
- ukit0
- "watch tv. Get rich." And you want to know what the fuck is wrong with America?TheBlueOne
- yup, yup.********
- TheBlueOne0
Boing Boing comments, and I agree:
"I'm still not certain that Obama gets how bad the situation is -- a ward of the state looting the taxpayers' pockets and telling the president to shove it, and, until today, the president and his people meekly saying okay. In less stable nations, revolutions get started with less cause."
- i'm not sure the american populace understands how bad it iszman
- yup.********


