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Thread: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

  1. #421
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by conservativeguy View Post
    Why do you give a pass to the fools that signed loan documents they didn't read and borrowed money they could never repay? Was there some clandestine government agency running around putting guns to the heads of ordinary folks while forcing them to buy the houses they couldn't afford?
    Why do you give a pass to the banksters who loaned money to people they knew couldn't afford to pay back the loan?

    Is there some clandestive republican organization running around putting a gun to your head forcing you to repeat their slogans?
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  2. #422
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by Helix View Post
    my post is not a rallying cry; it's an observation.

    in the case of the current protest, a lot of young people are graduating from college into a job market that offers them a chance to work fast food or wait tables if they're lucky. meanwhile, their college debt is crushing. that tends to get people a bit upset.
    The question is how much of that is their own fault.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by conservativeguy View Post
    Why do you give a pass to the fools that signed loan documents they didn't read and borrowed money they could never repay? Was there some clandestine government agency running around putting guns to the heads of ordinary folks while forcing them to buy the houses they couldn't afford?
    Both can be argued at fault. The thing is though, if someone comes in and they are not qualified for the money they are looking for in the end it's up to the bank to say no.

    They were being pressured to say yes, so that's where the third rung of blame comes in.

  4. #424
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by 1Perry View Post
    The question is how much of that is their own fault.
    The economy crashed because of a bunch of protesters?
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  5. #425
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by 1Perry View Post
    Both can be argued at fault. The thing is though, if someone comes in and they are not qualified for the money they are looking for in the end it's up to the bank to say no.

    They were being pressured to say yes, so that's where the third rung of blame comes in.
    Not just "pressured to say yes", but paid to say yes. Once Fannie and Freddie began their mission to enable these loans by buying them up, if you didn't make it, then your competitor did. You lost the sale and commission, on a loan where you essentially had no risk.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by Eighty Deuce View Post
    Not just "pressured to say yes", but paid to say yes. Once Fannie and Freddie began their mission to enable these loans by buying them up, if you didn't make it, then your competitor did. You lost the sale and commission, on a loan where you essentially had no risk.
    Fannie and Freddie didn't make that decision; Congress did with encouragement from bush* and the republicans in congress
    USATODAY.com - Bush seeks to increase minority homeownership
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  7. #427
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    The best signs would read: Obama resign!

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by sangha View Post
    Fannie and Freddie didn't make that decision; Congress did with encouragement from bush* and the republicans in congress
    USATODAY.com - Bush seeks to increase minority homeownership
    Get a clue. The bubble started in 1997. Here, some good info for you, as you are so busy posting, you have little time to research. Just listen to Cuomo's own words.

    How The Democrats Caused The Financial Crisis: Starring Bill Clinton's HUD Secretary Andrew Cuomo And Barack Obama; With Special Guest Appearances By Bill Clinton And Jimmy Carter - YouTube

    Then there is this, from a 2006 report. The rise of Fannie and Freddie began long before Bush:

    Another way to look at this unconstrained growth is that during the last 15 years, the
    nationís GDP doubled, the mortgage market tripled, Fannie Maeís and Freddie Macís (the
    Enterprises) guarantees quadrupled and their portfolios grew ninefold (Chart 1).

    http://www.fhfa.gov/Default.aspx/web...eform71906.pdf
    If you can find time from posting, that is.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by sangha View Post
    Your need to make up stuff about me just shows how frightened you are by the facts and your need to deny the truth

    Nations that provide a higher level of funding for their health care systems provide a higher level of care for a cheaper price than ours does. The obvious truth is that socialized health care works better than what we have.

    And the idiots in the govt are the politicians who are being bribed by Wall St and their corporate cronies.
    Save the arm chair psychiatry for the neighborhood kids. The depth of your knowledge of the health care industry is laughable.
    I love the smell of burning moonbat in the morning.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise




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