wages are down

[Cancel 2016.2]

super duper denying trouble is ahead in the economy

Desh once again LYING about what I stated.

The two things in that post that I stated...

1) Desh doesn't understand economics
2) The average incomes do not always go up.

Which of those is me denying trouble was ahead Desh? Or did you LIE yet again?

 

[evince]

Just a note on the third point, there are usually two parties to a lender-loaner transaction. I'm guessing failing to include the conduct of lenders in analyzing the skyrocketing foreclosure is just a mere oversight. As you say, a lot of people are retarded and in some instances, like here, those retards are in charge of a lot of money to loan out to people. Sometime, like here, those retards also become heavily invested in secondary mortgage markets.

DH taking him to task

 

[evince]

and a few people made a LOT of money off of many many retards.

And they knew all along what the eventual outcome would be.
Unless they are retards too, just rich ones.

usc kicking his ass

 

[Cancel 2016.2]

super not even thinking this is a real problem and giving NO thought to why the banks GAVE out these loans if they were a bad risk.

Once again Desh LIES.

Nowhere in there did I state anything even remotely close to what you said above. I stated the problems with the mortgage crisis and the problems within the health care sector regarding prices. Yet Desh LIES about what I said, even though she quoted it for everyone to see.

 

[Cancel 2016.2]

DH taking him to task

except like you, Dung lied about it. I stated quite clearly that the politicians pushed for it, that the mortgage lenders took advantage of it, that the borrowers were also culpable.

You do realize that was in there don't you LIAR?

 

[Cancel 2016.2]

Originally Posted by Superfreak This is why you are a retard... you cannot understand anything.

1) Walmart sales are slipping because of the foreclosures and the fact that they don't always go up.

2) Medical insurance is too expensive because idiots like you chant Universal Healthcare rather than looking first to see WHY the costs are rising so rapidly and then DOING something about the higher costs. Instead you want the inept government to mismanage yet ANOTHER aspect of our lives, despite their failures with SS, Medicare, Medicaid, Education etc....

3) Foreclosures/bankruptcies are up primarily due to two reasons... one is that the government tried to intervene and pushed for more people to be able to buy homes. The mortgage companies took advantage. The second reason is far too many people in this country bought more home than they could afford. If in the lowest interest rate environment in 40 years you could not afford to get a 15 or 30 year fixed... then you had NO business buying the home with an ARM or interest only loan. Interest rates only had one direction to go..... UP.... and only a complete retard doesn't understand that higher interest rates equates to having to pay more. Unfortunately... a lot of people are retarded.

Desh = Liar = evil

 

[evince]

where in this is your concern for an economy about to fail in a major way?








Quote Originally Posted by Superfreak View Post

This is why you are a retard... you cannot understand anything.

1) Walmart sales are slipping because of the foreclosures and the fact that they don't always go up.

2) Medical insurance is too expensive because idiots like you chant Universal Healthcare rather than looking first to see WHY the costs are rising so rapidly and then DOING something about the higher costs. Instead you want the inept government to mismanage yet ANOTHER aspect of our lives, despite their failures with SS, Medicare, Medicaid, Education etc....

3) Foreclosures/bankruptcies are up primarily due to two reasons... one is that the government tried to intervene and pushed for more people to be able to buy homes. The mortgage companies took advantage. The second reason is far too many people in this country bought more home than they could afford. If in the lowest interest rate environment in 40 years you could not afford to get a 15 or 30 year fixed... then you had NO business buying the home with an ARM or interest only loan. Interest rates only had one direction to go..... UP.... and only a complete retard doesn't understand that higher interest rates equates to having to pay more. Unfortunately... a lot of people are retarded.

 

[evince]

http://tinyurl.com/2ldfpa

take a good read and realise this has been an unheard of period in our modern experience.

damn the link still works

 

[evince]

The White House said the fact that average incomes were smaller five years after the Internet bubble burst “should not surprise anyone.”


but Obama has to fix an even deeper problem in less?

 

[evince]

Nope when you are a financial institution your supposed to spot the bad applications huh?


that is their fucking job.

why did they not do that?

because someone took the peoples protections away huh

 

[Cancel 2016.2]

where in this is your concern for an economy about to fail in a major way?

LMAO... you are such a LIAR. I discussed the TWO BIGGEST problems our economy was facing and you pretend I didn't express concern?

 

[Cancel 2016.2]

Nope when you are a financial institution your supposed to spot the bad applications huh?


that is their fucking job.

why did they not do that?

because someone took the peoples protections away huh

Who created the bulk of mortgages Desh?

Highlight for us the government regulator for mortgage lenders. Tell us what the federal guidelines were.

 

[cawacko]

The White House said the fact that average incomes were smaller five years after the Internet bubble burst “should not surprise anyone.”


but Obama has to fix an even deeper problem in less?

So you want President Obama to be judged on the criteria set by someone you believe to be one of the worst President's in U.S. history? Doesn't sound like you think very highly of President Obama.

 

[evince]

its shows how dishonest the right is.

they lapped that up when Bush used it

 

[evince]

the cheating banks made these loans

didnt you know that?

 

[cawacko]

its shows how dishonest the right is.

they lapped that up when Bush used it

And you of course accepted then too which is why it is ok now?

 

[Cancel 2016.2]

the cheating banks made these loans

didnt you know that?

Again desh... what regulations on mortgage lending were violated or not in place?

 

[Cancel 2016.2]

the cheating banks made these loans

didnt you know that?

also... which banks do you think were the biggest other than Countrywide investments?

 

[Cancel 2016.2]

Cant imagine why Desh ran away from the very thread she bumped... obviously she doesn't like the fact that she was proven yet again to be a liar.

 

[Minister of Truth]

Actually, Desh, a lot of people on the right opposed Bush's initiatives to bail out the financial sector.

BTW, I know the guy who comes on here mostly to troll as Hotdog, and he claims that if Bush had bailed out out Lehman Bros. early on, this whole mess could largely have been magically avoided, or at least kicked further down the road. Anyone have some data on that claim?