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Thread: Buffett: Banks Victimized by Excesses of Ousted Homeowners

  1. #11
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    Re: Buffett: Banks Victimized by Excesses of Ousted Homeowners

    The fact that government social policies encouraged the insane practices was just the icing on the cake.
    Ummm....how so? The govenment never encouraged giving people loans that couldn't afford them.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  2. #12
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    Re: Buffett: Banks Victimized by Excesses of Ousted Homeowners

    Quote Originally Posted by iliveonramen View Post
    Ummm....how so? The govenment never encouraged giving people loans that couldn't afford them.
    The government pushed and encouraged relaxing lending standards. Spin that however you wish.

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    Re: Buffett: Banks Victimized by Excesses of Ousted Homeowners

    Quote Originally Posted by iliveonramen View Post
    What's with the need to compartmentalize everyone into "Liberal" or "Republican" and then declare them enemy or ally? You are aware that Buffet criticized any talk about capping executive compensation for execs which was something the Obama White House was discussing? He was also used for advice by Hank Paulson (Bush Sec of Treasury) during the financial collapse.
    Oh, as if! Give us a break, dude.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Buffett: Banks Victimized by Excesses of Ousted Homeowners

    Quote Originally Posted by apdst View Post
    Oh, as if! Give us a break, dude.
    I'm about as partisan and opinionated as they get...I also never "hated" Bush...I don't really give a damn about the Koch brothers, and I also don't assume that if someone has a "liberal" view that they are necessarily a Liberal or will fall into some box.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Buffett: Banks Victimized by Excesses of Ousted Homeowners

    Quote Originally Posted by iliveonramen View Post
    I'm about as partisan and opinionated as they get...I also never "hated" Bush...I don't really give a damn about the Koch brothers, and I also don't assume that if someone has a "liberal" view that they are necessarily a Liberal or will fall into some box.
    Right!...................
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Buffett: Banks Victimized by Excesses of Ousted Homeowners

    Quote Originally Posted by apdst View Post
    Right!...................
    I actually voted for Bush in 2000....*pshhhhhh* mind blown right?
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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