That's basicaly how it's working.
I understand there is a giant tip jar at the entrance of the White House.
Jay Leno, last night.. warned Nigerians that if they received emails from Americans in Washington asking for money, it was probably a scam :)
Or is it to bail out the people that bought houses they couldn't afford.
They better not leave it unattended!!!
Where is this jewel?....priceless!
This is exactly what is wrong with our country..Ignorance. Find out why FNMA and Freddie were in trouble. Liberals...pfft. Indeed.
Compounding. Put in a little over a long period. End result, a lot. Take that amount, subtract 50%, add 50%, repeat 4 times. $100 becomes $49.22!!! How does that happen when it went up the same amount that it went down each time. Try it!!! Wall Street IS main street!! We need this economic package to pass! Sure some rich guys get richer, but we will all be better off!!
I'm no fan of the bailout but I am a fan of doing something to prop up the market before it affects all of us. While some would have you believe it's all about the rich, wait until you hear the giant sucking sound of retiree's 401k plans running dry, when small businesses don't have access to capital and start shutting their doors and laying people off. No, the bailout isn't a perfect plan but everyone out there saying "do nothing" may be the first one's begging for spare change.
12:14, you have missed the boat. The problem is with corporate greed. The CEO’s do not care about the companies they work for; they only care about the bottom line so that their bonuses will get fatter. When companies quit promoting from within and started to recruit the whiz kids from the top business schools that were a master of illusion is when corporate America started down hill. Out-sourcing of jobs and other decisions from them has reduced the ability of the people who bought their goods to be able to afford them any longer. Wake up America
We bought ourselves out of a job!
2:10, Your boat has a hole in it. Banks were pressured to make bad loans by the liberal weenies. Ask yourself how big Harold Raines' bonus was while he was chief executive at Fannie Mae. Barney Faggot Frank told us two years ago Fannie and Freddie were solvent and didn't need anymore oversight.
If banks are pressured to make bad loans it's usually from the board who is typically made up of rich repubs
2:10, this has nothing to do with corporate greed. It has to do with democrats using the government to force these companies to issue "bad" loans. If you've noticed the economy went to crap under the democratic controlled congress.
Back in 1992 Clinton forced affirmative action in the mortgage industry. This one action has caused severe damage to our economy. The other severe damage was to our moral fiber...and that one involved a cigar! OH SNAP!If you want more of that, then vote for Obama. Guaranteed results.
Barry, sometime in the recent past when all this mess started you said something about the potential 'bailout' like,"So much for free enterprise." You've also been generally very critical (and rightly so) of the whole fiasco and the way it's been handled.What is you response now, knowing as anyone with half a brain and an ounce decency would admit 1) The origins of this are in legislation pushed by Bill Clinton himself. 2)It was Republicans who fought for increased oversight and regulation on both Fannie and Freddie but, were shot down by Democrats who were getting rich off holes in the institutions regulations.3)McCain was a cosponsor of S.190 that would have killed the problem before it got out of hand. 4)Obama has received more than 125,000 dollars from Freddie and Fannie Mae PACS.Thank you, I'll hang up and listen to my answer over the air.PS Come to the darkside- we have cookies. ;)
"Committee Chairman Christopher Dodd, a Connecticut Democrat, pressed Cole and other regulators to explain whether supervisory and enforcement lapses helped lead to the turmoil in the subprime market that had driven delinquencies to a four-year high. The regulators said that while they had taken some enforcement action, they had placed the main responsibility on lenders to police themselves."I don't want this to go on any longer — this has got to stop," Dodd said, urging the Fed to use its authority to end abusive lending. "Regulators were supposed to be the cops on the beat, protecting hard-working Americans from unscrupulous financial actors. Yet they were spectators for far too long."- Intl. Herald Trubune.What a sickening hypocrite. Dodd was one of the biggest Democratic pigs at the Freddie trough in PAC money.Excuse me while I turn away from my monitor to vomit.How do these people sleep at night?Oh, just like Raines, Franks, Meeks and Obama- on big bags of dirty money.
Whoever made that sign has no clue of what has happened in recent history. They have never heard of the Community Reinvestment Act. Video of 2004 statements of congressional leaders addressing Fannie Mae and Freddie Mac problems will be aired on Fox tonight. Barney Frank will be on one of them.
why were they forcing lenders to drop the standards for loans,because they hit the bottom of the bucket...had to knock a hole in it to filter more money through!Why do you think stocks rise and fall they are filtering money out of your 401ks and you don,t even notice it!The big boys dont care if thier businesses fail they still take home a fat pay check!And that is the mentality that is sinking our ship!Dirty greedy lying bastards sell thier mother for a $100!Hells waiting for you,and I'm trying to get the coal shoveling job...probably get laid off,you sons of bitches probably ruined the economy down there too!not a fake working man
I've noticed Banjo sales are considerably down in this Bear market we are currently experiencing or somethin.
9:12 it's ok darlin don't get your blood pressure up while the bear eats your head off and sh_ts in your windpipe...while scattering your 401k all over the market,the banjos will be playin your song in the background or somethin!triple fake someone who gives a spit! What a beacon!Just like the pied piper led rats through the street.You dance like puppets through street dancing to the symphony of destruction!
The NYT this morning describes Palin as "confident but vague". I could absolutely think of NO better descriptor for Obama. And by that I mean I not even being nasty or whatever- it's just a natural fact, that even those that love the guy should be able to admit, since there's so much controversy about who he really is. Do you think in a eleventy billion, thousand years they'd say something like that about him?
The Symphony of destruction will kick off December 21 2012 @12:21:12hrs.
Oh man, it's down to the second now?
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