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Thread: Food Stamp Rolls to Grow Through 2014, CBO Says

  1. #111
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    I may well get a warning for it, but it must be said: You are a freaking moron. Pure and simple.

    Just admit what you are, another liberal that does not believe in personal responsibility, that wants to blame any and all that have made a success of themselves, as if that is a bad thing. Another liberal that believes it's governments job to play robin hood, because those 'poor' people are too stupid to fend for themselves. Another liberal that has no real point to argue so he sticks to appeals to emotion rather than reality or personal responsibility. Another liberal that has no concept of the different between necessities and desires. Another liberal it is not worth engaging because there is no substance to engage.

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    Last edited by Arbo; 04-22-12 at 01:45 PM.
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Arbo View Post
    I may well get a warning for it, but it must be said: You are a freaking moron. Pure and simple.

    Just admit what you are, another liberal that does not believe in personal responsibility, that wants to blame any and all that have made a success of themselves, as if that is a bad thing. Another liberal that believes it's governments job to play robin hood, because those 'poor' people are too stupid to fend for themselves. Another liberal that has no real point to argue so he sticks to appeals to emotion rather than reality or personal responsibility. Another liberal that has no concept of the different between necessities and desires. Another liberal it is not worth engaging because there is no substance to engage.
    Are you respond to me? I ask because you couldn't quote anyone and this is posted on a new page.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  3. #113
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Gimmesometruth View Post
    Many many people were able to maintain the mortgage they assumed until the job losses came.

    And this argument of shifting the blame from those who controlled the lending (who should have the much better knowledge of the market) to the borrower is weak, very weak.....and it points again to this defense of the wealthy, which makes no sense from multiple aspects.

    Aw Bull Hockey! Look, I am not excusing the nature of lenders to their culpability of the practices in creating the garbage that was sold to people as a way to get in their dreams. But, the responsibility lies with the person signing the dotted line. Unless ofcourse they were holding guns on people to sign.


    People saw credit as a way to instant gratification, and when there is demand the market will create something to meet that demand. In the end we had people in houses getting loans with NO verification as to whether or not they could actually pay the note, and then leveraging themselves in that mortgage with 2nd and 3rd's to buy the toys to keep up with the Jones's. Even the stupidest person could see that this couldn't last, but when republicans tried to sound the alarms, and regulators were also testifying that this was unsustainable, and they were attacked by demo's in the house, crying and bitching about how repubs just wanted to take the American dream from minorities....Well, see now what you sowed?


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  4. #114
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Gimmesometruth View Post
    Are you respond to me?
    Yep.

    And one of your buddies ran to the rescue. Even though much worse has been said of of people upstairs.
    "nah i think the way cons want to turn this into a political issue is funny though" - Philly Boss

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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Little off topic but this just pisses me off.........

    So sick of reading my friends sisters' (who is on unemployment, snap, cell-phone paid for, all-kids insurance, got the landlord to section 8 the house she rents, ect) facebook posts bragging about her new iphone, mac computer, huge flatscreen tv, the $28,000 tuition costs us taxpayers are paying for, her vacation, ect. Makes me sick how these "poor" people live better than me!

    Another friend who got laid off over 1 1/2 yrs ago and has NEVER applied for a job. Now all of a sudden, she gets pregnant and needs to find a job....gets one in a week!

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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by j-mac View Post
    Aw Bull Hockey! Look, I am not excusing the nature of lenders to their culpability of the practices in creating the garbage that was sold to people as a way to get in their dreams. But, the responsibility lies with the person signing the dotted line. Unless ofcourse they were holding guns on people to sign.
    You are lumping the fraudsters with those who acted in good faith together.

    Both the lender and the borrower are signing on a loan, the control of the loan is with the lender. They decide if they will lend. They are suppose to check credit, earnings, the true value of the property they are lending for.....they even get to take out default insurance, and they still retain ownership of the property when it defaults. No one holds a gun to the lender.


    People saw credit as a way to instant gratification, and when there is demand the market will create something to meet that demand. In the end we had people in houses getting loans with NO verification as to whether or not they could actually pay the note, and then leveraging themselves in that mortgage with 2nd and 3rd's to buy the toys to keep up with the Jones's. Even the stupidest person could see that this couldn't last, but when republicans tried to sound the alarms, and regulators were also testifying that this was unsustainable, and they were attacked by demo's in the house, crying and bitching about how repubs just wanted to take the American dream from minorities....Well, see now what you sowed?


    j-mac
    The lending fed the boom, money was in huge supply and was looking for good returns. The stock market was still in doldrums, so investors went for commodities and real estate ALL AROUND THE WORLD. Lenders like Countrywide were giving loans to anyone with a pulse, this was augmented and evident by the low interest rates. Even the Bush admin pushed for increased mortgage lending. It was people like Brooksley Born who warned Greenspan et al of the out of control derivative market that was funding the mortgage tranches. They, the lenders, the credit agencies...they all had the overview of the market to know things were out of control.....NOT the individual borrower. The individual borrower had no inclining of the size of it. Those regulators did nothing, just as they did nothing when the dotcom boom busted. Bush stripped the SEC to nothing, the FBI was not investigating mortgage fraud even when they had full knowledge of it.

    Don't try to shift this blame to individual borrowers, don't try to shift blame to SNAP recipients, those dogs won't hunt.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Anniegetyourgun View Post
    Little off topic but this just pisses me off.........

    So sick of reading my friends sisters' (who is on unemployment, snap, cell-phone paid for, all-kids insurance, got the landlord to section 8 the house she rents, ect) facebook posts bragging about her new iphone, mac computer, huge flatscreen tv, the $28,000 tuition costs us taxpayers are paying for, her vacation, ect. Makes me sick how these "poor" people live better than me!

    Another friend who got laid off over 1 1/2 yrs ago and has NEVER applied for a job. Now all of a sudden, she gets pregnant and needs to find a job....gets one in a week!
    But all that must not be true. For we have several people in this thread that have said again and again those people are poor AND there are NO jobs to be had.

    Funny how reality differs from their claims so often eh?
    "nah i think the way cons want to turn this into a political issue is funny though" - Philly Boss

  8. #118
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Anniegetyourgun View Post
    Little off topic but this just pisses me off.........

    So sick of reading my friends sisters' (who is on unemployment, snap, cell-phone paid for, all-kids insurance, got the landlord to section 8 the house she rents, ect) facebook posts bragging about her new iphone, mac computer, huge flatscreen tv, the $28,000 tuition costs us taxpayers are paying for, her vacation, ect. Makes me sick how these "poor" people live better than me!

    Another friend who got laid off over 1 1/2 yrs ago and has NEVER applied for a job. Now all of a sudden, she gets pregnant and needs to find a job....gets one in a week!
    Report it.
    If you don't, you are just part of the problem.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  9. #119
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Gimmesometruth View Post
    Ah, huge job losses and massive wealth deterioration...due to the biggest recession since '29....is caused by....poor personal money management.

    Interesting position.
    Absolutely.
    No one twisted a lot of these folks arms and made them take multiple HELOCs out on their homes, nor did was anyone forced to buy more home than they could afford.
    It was much more than banks behaving badly, it was Americans behaving badly with their money and credit.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Food Stamp Rolls to Grow Through 2014, CBO Says

    Quote Originally Posted by Harry Guerrilla View Post
    Absolutely.
    No one twisted a lot of these folks arms and made them take multiple HELOCs out on their homes, nor did was anyone forced to buy more home than they could afford.
    It was much more than banks behaving badly, it was Americans behaving badly with their money and credit.
    For the
    period 2007-2009, borrowers were most frequently defaulting in the following order: credit cards, first
    lien mortgage (prime and subprime), second lien home equity (HELOC & HELOAN), and auto loans.
    Focusing on mortgage defaults, our results indicate that the default rate for first mortgages far
    exceeded those of the second lien mortgages during the financial crisis.
    http://www.philadelphiafed.org/resea...011/wp11-3.pdf

    People were defaulting because of job loss primarily followed by strategic defaults due to wealth loss.
    Last edited by Gimmesometruth; 04-22-12 at 06:07 PM.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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