Obama Owning The Banks, Foreclosing the Homes & Nationalizing The Housing Industry
Market Ticker: "Dylan Ratigan: With Bill Black, Time To BOOM"
Market Ticker: "Dylan Ratigan: With Bill Black, Time To BOOM"
Obama Owning The Banks, Foreclosing the Homes & Nationalizing The Housing Industry
- Thread starter hellblazer
- Start date
So, I followed all those links to the video.
The point the bearded gentleman was making was that 90% of certain home loans were Fraudulent in the last few years. I heard nothing about nationalizing, socializing, et al.
But yes, I agree with you, let's all pack up and move to ... oh wait? What other country would put up with your particular brand of retarded?
The point the bearded gentleman was making was that 90% of certain home loans were Fraudulent in the last few years. I heard nothing about nationalizing, socializing, et al.
But yes, I agree with you, let's all pack up and move to ... oh wait? What other country would put up with your particular brand of retarded?
He may not have nationalized the banks, but he sure did them a nice favor by having Fannie, Freddie, and the Fed buy up all their bad assets on the taxpayers dime. And they're about to do it all again (but to a larger extent) with QE2.
Please raise your hand if you believe in the nonsense of quantitative easing.
Or, just show us that you hope it works, so you don't look like an idiot.
You're embarrassing yourself.
Because if they're fraudulent, that means those who own them are bankrupt. So the government has to "bail" them out, effectively buying a share of the banks and gaining control.
All the houses get foreclosed on, the banks get the houses, and the government gets control of the housing industry through its control of the banks.
Most of this hasn't happened yet. How will they deal with the fact that these banks are effectively bankrupt? The government will have to buy the mortgages or literally give money to the banks to keep them afloat. Either way, more control.
I think it was designed to happen this way.
Whether you agree Obama gets control or not, the government just became stronger and depending on their "response" to this crisis, is in a position to grab a large portion of the housing market.
You sound like a fool. I guarantee the net worth of his average donor is 100x yours...
People who actually EMPLOY other people who actually PAY HEALTH INSURANCE understand what he's trying to do
How many people do you employ?
Exactly, I thought so.
Obama Signs Bill Giving Tax Cuts, Loan Help to Small Businesses - BusinessWeek
I love it how you people completely ignore the facts....
