Is Obama a Socialist attacking Big Banking?

  • Thread starter Thread starter Guns Guns Guns
  • Start date Start date
So should BoA be allowed to do as it likes?

Ask Obama.
Ask the bailout supporters.

I tell everyone I know to stop using BoA. My employer still uses them and thus my paychecks are BoA. I give him a hard time every payday. LOL

I want BoA to go out of business, but that will never happen with people like you who supported the notion of banks being "too big to fail".

If you supported the bailout, you have no business asking "should BoA be allowed to do as it likes?".
You've already told them they can do as they like
 
U.S. sues Bank of America for $1 billion

The lawsuit alleged that the company loosened its standards for making loans while telling Fannie Mae and Freddie Mac, which were buying loans from Countrywide, that standards were getting tighter.
Click to expand...

didn't some democrats in congress demand that banks lower their standards to make more home loans available to people that were lower income?
 
tinfoil said:
So should BoA be allowed to do as it likes?

Ask Obama.
Ask the bailout supporters.

I tell everyone I know to stop using BoA. My employer still uses them and thus my paychecks are BoA. I give him a hard time every payday. LOL

I want BoA to go out of business, but that will never happen with people like you who supported the notion of banks being "too big to fail".

If you supported the bailout, you have no business asking "should BoA be allowed to do as it likes?".
You've already told them they can do as they like
Click to expand...

this
 
SmarterthanYou said:
didn't some democrats in congress demand that banks lower their standards to make more home loans available to people that were lower income?
Click to expand...

You think that's why the government is suing BoA for $1 billion now?
 
\\((|))// said:
Those poor, deserving job creators are being crippled by government regulation, aren't they?





[h=1]U.S. sues Bank of America for $1 billion[/h]

The lawsuit alleged that the company loosened its standards for making loans while telling Fannie Mae and Freddie Mac, which were buying loans from Countrywide, that standards were getting tighter.







http://www.washingtonpost.com/busin...73f68a-1df7-11e2-8817-41b9a7aaabc7_story.html
Click to expand...

Did you support the bank bailout or did you think the banks should be allowed to go under?
 
\\((|))// said:
Those poor, deserving job creators are being crippled by government regulation, aren't they?





[h=1]U.S. sues Bank of America for $1 billion[/h]

The lawsuit alleged that the company loosened its standards for making loans while telling Fannie Mae and Freddie Mac, which were buying loans from Countrywide, that standards were getting tighter.







http://www.washingtonpost.com/busin...73f68a-1df7-11e2-8817-41b9a7aaabc7_story.html
Click to expand...

OWEbama is suing them because he couldn't fill their stadium for his D&C Convention
 
did any of you stop and read the OP ?


the bank LIED to freddy and fanny about the nature of the loans they were selling to them.

FRUAD!!!!!!


you fucking idiots are defending FRAUD.


jesus buy a fucking clue
 
evince said:
did any of you stop and read the OP ?


the bank LIED to freddy and fanny about the nature of the loans they were selling to them.

FRUAD!!!!!!


you fucking idiots are defending FRAUD.


jesus buy a fucking clue
Click to expand...

:rofl2:

You are the ones that wanted "low income housing" and accused the banks of "redlining". Then when the banks cave and give you what you want, you scream FOUL.

Fuck off
 
dear fucking idiot meatsack lying piece of shit,


If they ONLY wrote the level of subprime required by the CRA laws this NEVER would have been a problem.


The banks WROTE this subprime to make money.


They could make money becuase their were NO broker rules thanks to the Bush SEC holding back the RULES in GLBact for 8 long years.



Only idiots buy that right wing meme of yours
 
evince said:
dear fucking idiot meatsack lying piece of shit,


If they ONLY wrote the level of subprime required by the CRA laws this NEVER would have been a problem.


The banks WROTE this subprime to make money.


They could make money becuase their were NO broker rules thanks to the Bush SEC holding back the RULES in GLBact for 8 long years.



Only idiots buy that right wing meme of yours
Click to expand...

If the banks made so much money, how were they on the verge of going bankrupt?

PS

I love spinning you like a top
 
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