They are?
- Thread starter Mac_Attack
- Start date
THEFERMANATOR
God
I don't agree with him on the economy, and I don't see anything the government can do to stop this from happening again. The government shouldn't be there to babysit people, they should look after our overall well being that's it. As for oil rigs, I'm waiting for them to put some in the gulf that I can get to. They are fishing paradises that anglers love to see.
willy
God
Actually our economy is fundamentally sound, refers to cost of production, effieciency and productivity of the work force which is very high in our nation, also refers to unemployment figures which are low compared to the rest of the industrialized free market countrys.
We have serious greed problems in Wall Street and in Washington, they are both very heavily intertwined. And that is something that the President can do something about, or at least effect.
You just have to have someone there that is not on their payroll and will do the right thing, will make people accountable in the market and congress.
Could you please tell me one thing for example, the Clintonistas put a man in charge of Fanny Mae, he made 90 MILLION DOLLARS personally in the real estate market while collecting his governmant salary running it and he was the one who set up all the sweet deals with Country Wide allowing them to sell mortgages to hundreds of thousands of unqualified buyers
and investors to flip homes and owning five or six houses at a time without putting up money.
Which is by the way the root of where the past few weeks debacle started as the sweet heart deals between several reigning congressmen in charge of oversight have allowed more of the same to go on and banking houses and brokerage houses to buy bundles unsecured loans and turn them around and try to sell them again, each inturn making money off of paper that had no collateral.
So when the real estate bubble burst these groups are holding highly devalued paper, cant service their debt to the tune of over three trillion dollars, at least that is the last estimate I have heard.
Oh and guess who is the Obaminations chief financial advisor, the one, actually the two top guys in his admisinstration that are going to help him bring change to washington, you guessed it, Mr. 90 MILLION dollar boy and his second in command mister 40 MILLION dollar boy, and Obama and Dodd and Franks are the ones who would not let bills go to the floor for a vote and blocked all efforts by GW to put more restraints on Fannie Mae starting back in 2003 where believe it or not that great mental wizard GW actually fore told what would happen if we did not do it.
Too much money being made by those upper echelon scum we have supposedly doing the peoples work, Dodd number one reciever of money from Mae and Mac, number two reciever Obama, which I find quite interesting because he made just under Dodd from them, Dodd made his in eight years and Obama in just a year and a half. Hmm duh
I will tell you they are all crooks, I just hope McCain will do a third of what I think he will do in there and give us a fighting chance.
We have serious greed problems in Wall Street and in Washington, they are both very heavily intertwined. And that is something that the President can do something about, or at least effect.
You just have to have someone there that is not on their payroll and will do the right thing, will make people accountable in the market and congress.
Could you please tell me one thing for example, the Clintonistas put a man in charge of Fanny Mae, he made 90 MILLION DOLLARS personally in the real estate market while collecting his governmant salary running it and he was the one who set up all the sweet deals with Country Wide allowing them to sell mortgages to hundreds of thousands of unqualified buyers
and investors to flip homes and owning five or six houses at a time without putting up money.
Which is by the way the root of where the past few weeks debacle started as the sweet heart deals between several reigning congressmen in charge of oversight have allowed more of the same to go on and banking houses and brokerage houses to buy bundles unsecured loans and turn them around and try to sell them again, each inturn making money off of paper that had no collateral.
So when the real estate bubble burst these groups are holding highly devalued paper, cant service their debt to the tune of over three trillion dollars, at least that is the last estimate I have heard.
Oh and guess who is the Obaminations chief financial advisor, the one, actually the two top guys in his admisinstration that are going to help him bring change to washington, you guessed it, Mr. 90 MILLION dollar boy and his second in command mister 40 MILLION dollar boy, and Obama and Dodd and Franks are the ones who would not let bills go to the floor for a vote and blocked all efforts by GW to put more restraints on Fannie Mae starting back in 2003 where believe it or not that great mental wizard GW actually fore told what would happen if we did not do it.
Too much money being made by those upper echelon scum we have supposedly doing the peoples work, Dodd number one reciever of money from Mae and Mac, number two reciever Obama, which I find quite interesting because he made just under Dodd from them, Dodd made his in eight years and Obama in just a year and a half. Hmm duh
I will tell you they are all crooks, I just hope McCain will do a third of what I think he will do in there and give us a fighting chance.
