I think it's smoke. The flag is on fire, happened after a war protest in Portland.
I think it's smoke. The flag is on fire, happened after a war protest in Portland.
Is this what you mean by organic fresh shit?
same story for me in 2000 ...... my mortgage broker is actually a friend of mine and was trying to talk me into an ARM. when i insisted on a fixed rate he had to work a little harder to get it done but it worked out just fine.
2007 -161 billion
2011 - 1.2 Trillion
Yeah, let's raise taxes, that's the only answer.
Damn you are in denial, I guess that explains why you put the onus on the consumer and not the conmen.
Your friend is not your friend, he knew a fixed rate was best yet he tried to fuck you over. Thats right even your "friend" tried to pull a fast one on you... That a fixed was harder for him to do shows you how the industry was a scam from the top down.
When the shit hit the fan in the mortgage industry I got some new coworkers. Some even had their own bizz before.
They were some of the biggest pieces of shit I have ever met, and I have known a lot of shit. Total fucking slimeballs. White collar criminals.
as far as my friend goes ....... yes he did tell me i should do the ARM ( that is what every single broker out there was selling at the time) but when i asked him too he got me what i wanted. you sound like the guy bitching and moaning about the price of the car you just bought with money you don't have and blaming the salesman (who you know works on commission) for selling you the fully loaded model instead of saying to you "look fool you don't need or deserve this, so buy the base model" ............ you would report him to the manager laugh at him as he was packing his desk and bought that fully loaded ride from the next guy who was willing to tell you life owed you something ........... and of course it would be his fault for not being honest with you.
Also don't you understand that people can fill out applications all day, but factchecking, risk analysis, and saying No are the lender's responsibility. They had no interest in doing that though, because they only worried about scamming as many suckers as possible.
This is a great point. The lending standards were intentionally LOWERED so that more people would qualify for these high yield loans, for the purpose of selling them to foreign investors, as AAA credit.
Then, when country wide /national city fell into a shit storm from having a bunch of bad loans, here comes BOA with fresh bailout money to buy the crap companies. We the taxpayers had to pay for our own mistakes as well as the mistakes of the banks, while having nothing to do with the ponzi scheme that was run.
all i gotta do is go down the street and I can see lots of lazy people, that don't wanna improve themselves or take advantage of the opportunities given to them. Blood suckers of society are everywhere and they piss anyone off that is productive. This does not mean that govt's do not play a part in quelling and enslaving entire populations.zor, you have not lived in half the places I have. just search Petare, Caracas, then come back to me and tell us how much you know about these sort of places. lived there one year in the early 90s.
Since you are the authority of oppressive govts, can you share your 'official list'.the kid who thinks that his example of Tanzania shows anything good about the african idiosyncrasy, well, it shows the contrary; where else are people killing each other leaving schools full of children parentless?
this year I worked for seven months with political refugees from Sudan. don't even get me started on that one... always the good natured ones get fucked by the crazies who do not want to work or study, just steal.
obviously the truth hurts, keep discussing taxes and stay blind to the reality.
Bill Clinton and Barney Frank, two individuals(among others) I hold highly accountable for as you say, lowered lending requirements...