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Thread: "It's not going to end Well "

  1. #11
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    Re: "It's not going to end Well "

    Quote Originally Posted by CanadaJohn View Post
    With interest and bond rates virtually zero, there is no better place to park money now (and there's lots of it out there) than in stocks of companies with strong balance sheets, lots of money in the bank, and poised to take advantage of things when Obama is finally gone. With Obama in office, the Dow is likely to reach that 20,000 mark, and all the Democrats will think it's because of Obama and they'll be right, but not for the reasons they think.
    CJ, your financial instincts serve you well! Below is an excerpt from a newsletter, which ironically I just received today, that has unfailingly made money for me when I have followed their advice over the years.

    "As we go to press, the economy is better than it was two years ago. But it's still too weak for the fed to halt its QE, so we will now have both velocity and money supply rising at the same time. That's the historic recipe for inflationary catastrophe...." U.S. & World EARLY WARNING REPORT March-April 2013.

    They also state that this transition from a deflationary to an inflationary condition will make new fortunes for those built on anything that has value that can float upwards as the dollar's value falls. He further predicts that "America will have a comfortable, exuberant and lucrative 2013, then look out for 2014 and beyond." IOW, the waiting is over, and better times will shortly be here again...for now.

  2. #12
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    Re: "It's not going to end Well "

    Quote Originally Posted by Fenton View Post
    Iv'e already schooled this guy on the sub-prime collapse.

    He ignored the volumes of data I posted going back to 1989, and focuses on Bush's 2007 FHA program that was meant to push people out of dangerous low quality loans and into safer loans.

    By 2007 it was too late. He then bllames the 2004 HUD mandates that were part of the 1994 GSE ACT on Bush.

    It's ridiculous. For every source he posted I posted 10.

    He ignored all of the Democrat objections to continued GSE reform from 2002 to 2008 under Bush.

    And he mixed up the 2005 attempt by McCain to regulate the GSEs.
    dang it fenton, you scared away my new friend. anyhoo, fenton, you have a problem. I've not posted about a 2007 FHA policy. I posted the Bush policy annoucement from 2004 where he will eliminate downpayments which would 'generate' 150,000 more homeowners. and I've posted the Bush policy of PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING for the explicitly stated purpose of INCREASING SUBPRIME LENDING.

    I posted the FHA policy in response to your made up assertion that Bush was trying to raise downpayments
    I posted the OCC policy in response to your assertion that Bush had nothing to do with subprime


    BUSH ADMINISTRATION ANNOUNCES NEW HUD "ZERO DOWN PAYMENT" MORTGAGE
    Initiative Aimed at Removing Major Barrier to Homeownership
    HUD Archives: BUSH ADMINISTRATION ANNOUNCES NEW HUD "ZERO DOWN PAYMENT" MORTGAGE

    "In addition, clarification of the applicability of state laws to national banks should remove disincentives to subprime lending and increase the supply of credit to subprime borrowers. "

    OCC: Economics: The Wealth Effects of OCC Preemption Announcements After the Passage of the Georgia Fair Lending Act

    fenton, because I can post actual facts, I dont have to post 10,000 word replies

  3. #13
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    Re: "It's not going to end Well "

    Quote Originally Posted by Vern View Post
    dang it fenton, you scared away my new friend.
    you are not scaring anyone with your ridiculous hyperpartisan rants. you just come off looking incredibly ignorant.

  4. #14
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    Re: "It's not going to end Well "

    Quote Originally Posted by ARealConservative View Post
    who cares what the plunge protection team says.

    the president appoints everyone on that board, correct?

    and the board then goes on pointing blame elsewhere. and you find this meaningful.
    I see my new friend has a reading comprehension problem like all my other con friends. Bush's plungers say it started in late 2004. mmmm, starting in late 2004 kinda shreds all the silly con narratives that it started in 1864, 1977, 1992, 1995, 1999 or 2000 doesnt it? And they blame underwriting standards. mmmmm, who do the federal regulators at the OTS and OCC work for? mmmmm, and they dont blame the GSEs and they dont even mention the CRA. two key components of every lying conservative 'editorial.

    so I'm not seeing where they're trying to blame anybody else. I can see where they leave out "bush's regulators did nothing" but can you tell me who they are blaming new friend?

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    Re: "It's not going to end Well "

    Quote Originally Posted by Vern View Post
    I see my new friend has a reading comprehension problem like all my other con friends. Bush's plungers say it started in late 2004. mmmm, starting in late 2004 kinda shreds all the silly con narratives that it started in 1864, 1977, 1992, 1995, 1999 or 2000 doesnt it? And they blame underwriting standards. mmmmm, who do the federal regulators at the OTS and OCC work for? mmmmm, and they dont blame the GSEs and they dont even mention the CRA. two key components of every lying conservative 'editorial.

    so I'm not seeing where they're trying to blame anybody else. I can see where they leave out "bush's regulators did nothing" but can you tell me who they are blaming new friend?
    you neglected to answer the question. I know why.

    the people that issued this report you are clinging to were all appointed by the president.

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    Re: "It's not going to end Well "

    Quote Originally Posted by Blue_State View Post
    So I need to buy gold. Other than that...everythign is fine...nothing to see here.
    I wouldn't long term, but to each their own.

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    Re: "It's not going to end Well "

    Quote Originally Posted by ARealConservative View Post
    you neglected to answer the question. I know why.

    the people that issued this report you are clinging to were all appointed by the president.
    ARC ... WARNING ... you will need a lot of patience ... the main tell is when anyone throws around terms like "reading comprehension problem" ... you'll discover soon enough they're running on empty.

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    Re: "It's not going to end Well "

    Quote Originally Posted by bubbabgone View Post
    ARC ... WARNING ... you will need a lot of patience ... the main tell is when anyone throws around terms like "reading comprehension problem" ... you'll discover soon enough they're running on empty.
    it's nice to swing at softballs from time to time.

    so he can keep lobbing his uniquely unsubstantiated brand of liberalism at us

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    Re: "It's not going to end Well "

    Quote Originally Posted by Blue_State View Post
    So I need to buy gold. Other than that...everythign is fine...nothing to see here.
    if you own none, then yes, you should buy gold.

  10. #20
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    Re: "It's not going to end Well "

    Quote Originally Posted by ARealConservative View Post
    you neglected to answer the question. I know why.

    the people that issued this report you are clinging to were all appointed by the president.
    I see my new friend uses the "you didnt answer my pointless and irrelevant question” routine to avoid the facts I posted. To answer your question I don’t know. does the president appoint them ? But I addressed the silly point you tried to make out that. Bush’s plunge protection group didn’t really point the finger at anybody so its kinda hard for you to spin "they are lying when they dont blame anybody else and make a point not blame GSEs and the CRA"

    wait, did you think that was Obama's plunge protection team. oh thats precious. even my other con friends arent even that dumb. read this slowly ( I find this helps my other con friends) Bush's Working Group on Financial Markets is not "pointing the finger" at anybody else. They are purposely vague in that regard. why do you think that is?

    the fed said the same thing:

    Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

    http://www.federalreserve.gov/newsev...3_analysis.pdf

    would you like to see the underlying data that proves the timeframe new friend?

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