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Thread: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan

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    Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan

    Tea Party aligned Georgia Rep. Tom Graves (R), who castigates Washington for fiscal irresponsibility, reached an out of court settlement Wednesday after he was sued for defaulting on a $2.2 million loan -- which his attorney argued is the bank's fault for lending him the money in the first place.

    Graves and his business partner Chip Rogers -- who is the state Senate's Republican majority leader -- took out a $2.2 million loan from the Bartow County Bank in 2007 to buy and renovate a local motel. The project soon went belly-up.
    Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan | TPMMuckraker

    I can see it now. The bank manager holding a gun to his head and making him take that money.

    And here we have The Tea Party version of fiscal responsibility and accountability in action.

    Just when you thought you'd seen it all.

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    That is a very lame excuse.

    However, one individual's actions or hypocrisy do not invalidate the principles behind the movement. Would you actually contend that borrowing more than you can repay is valid practice for an individual or a government?
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by Top Cat View Post
    Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan | TPMMuckraker

    I can see it now. The bank manager holding a gun to his head and making him take that money.

    And here we have The Tea Party version of fiscal responsibility and accountability in action.

    Just when you thought you'd seen it all.
    Alright, we are finally making progress, We now have “one liberal” finally fessing up and saying it's not the banks fault. That people are responsible for their own financial decisions.

    I'm sorry to say, that you will get very little liberal support here, because most all liberals, have already gone out of their way to blame the banks for all the foreclosures, so yes they must feel that those banks truly did hold a gun to their heads.

    I congratulate you for straying from the liberal party, and admitting responsibility lies with the people for taking out loans they couldn't afford.

    Now as to your linking one person to the entire tea party movement, I guess we could say the same about liberals right, after all a few of Obama's appointees are well known for not paying their taxes, by your same comparison, I guess that means that all liberals are lying tax cheats ?

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by ksu_aviator View Post
    That is a very lame excuse.

    However, one individual's actions or hypocrisy do not invalidate the principles behind the movement.
    He's more than an "individual". He's a Congressman. A leader of the movement. Huge difference here.


    Would you actually contend that borrowing more than you can repay is valid practice for an individual or a government?
    No.

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by The Barbarian View Post
    Now as to your linking one person to the entire tea party movement, I guess we could say the same about liberals right, after all a few of Obama's appointees are well known for not paying their taxes, by your same comparison, I guess that means that all liberals are lying tax cheats ?
    One person a party does not make. But, as I indicated above, he's a congressman who is essentially a leader is he not?

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Congratulations, Top Cat.

    You are the first liberal I've heard properly blame the individual for borrowing more than they could repay.

    Now if we could get you to equally blame Barney Frank and his ilk for threatening banks if they didn't offer sub-prime lending to people with awful credit.

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by Top Cat View Post
    He's more than an "individual". He's a Congressman. A leader of the movement. Huge difference here.
    You are right, because that makes him an exploiter and not a believer.




    No.
    Congratulations, you are now a "Tea bagger". lol
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by Erod View Post
    Congratulations, Top Cat.

    You are the first liberal I've heard properly blame the individual for borrowing more than they could repay.

    .
    I find that difficult to believe to be honest. We are all responsible when we borrow money. That's pretty fundamental.

    Foreclosures are in and of themselves another story. Way too many variables there.

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by ksu_aviator View Post
    Congratulations, you are now a "Tea bagger". lol
    Please just shoot me now.

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    Re: Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Lo

    Quote Originally Posted by Top Cat View Post
    Please just shoot me now.
    The entire movement is based on stopping government borrowing because we can't afford it. If you agree with that principle...you are a "Tea bagger." Sorry TC.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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