Decline of the Middle Class

[IVE GOTTA PACKAGE 4U]

They were forced to make the loans Gumby. They had to package the ty mortgages and sell them as investments.

That was fake advertising. Everyone of those Bastards doesn't deserve to be in business


And I still stand by my statement that I loved Buffet squeezed their balls with a vice

 

[vantexan]

You did:

Cherry picking today? Some of you want to talk revisionist history. I said pretty much everyone had a hand in it, including some Democrats who played a key role.

 

[DriveInDriveOut]

Cherry picking today? Some of you want to talk revisionist history. I said pretty much everyone had a hand in it, including some Democrats who played a key role.

You said repeatedly they had to be pushed to make bad loans.
That's revisionist history.
They loved every second of it.
Greed.

 

[floridays]

I could be wrong it was a fecade or do ago

Please enlighten me.

Well I know I'm wrong in part, maybe whole. I know I am correct on fractional reserves and deposits, and the difference between commercial banking and the mortgage division of banks. The Community Reinvestment Act was what caused the bad, or potentially bad mortgages to be underwritten.

 

[IVE GOTTA PACKAGE 4U]

Well I know I'm wrong in part, maybe whole. I know I am correct on fractional reserves and deposits, and the difference between commercial banking and the mortgage division of banks. The Community Reinvestment Act was what caused the bad, or potentially bad mortgages to be underwritten.

It was bad for everyone.

 

[Meat]

Blaming a group because your group isn't doing well is no different than blaming Jews in Germany before WWII.

The absolute worst analogy I’ve heard in my entire life (that includes personal, professional and academic).

Don't worry though, Bernie Sanders has all the tried and proven solutions that will make everyone equal and life will be great for your generation.

An astute observer (that pretty much rules you out) would have noticed that Sanders was the only candidate to explicitly state that voting for the “right” people is less than half of the battle. Meaning, he openly acknowledged that the two-party system is a complete sham, and the public en masse needs to effect social change through social activism. Of course, the sods will keep believing there is a difference between the two major parties, and keep waiting for politicians to enact legislation that will save the middle-class. The only true winners will be the capitalist class, the people who work for the capitalist class (i.e. politicians) and the national media that makes millions (billions?) of dollars covering the two-party system - sad.

 

[vantexan]

You said repeatedly they had to be pushed to make bad loans.
That's revisionist history.
They loved every second of it.
Greed.

They knew they were making bad loans. Loans they wouldn't have made without Congressional pressure. You do realize under normal circumstances bank regulators would shut them down for making such loans? They thought the derivatives market would make the difference and they'd cash in. It didn't, they didn't. But you see Timmy if you approach everything in life from the angle that your side is always right you miss the big picture.

 

[IVE GOTTA PACKAGE 4U]

They knew they were making bad loans. Loans they wouldn't have made without Congressional pressure. You do realize under normal circumstances bank regulators would shut them down for making such loans? They thought the derivatives market would make the difference and they'd cash in. It didn't, they didn't. But you see Timmy if you approach everything in life from the angle that your side is always right you miss the big picture.

Fight nice guys

 

[floridays]

It was bad for everyone.

If there was ever a truth written on this board, that is it Sir. Congratulations.

 

[vantexan]

The absolute worst analogy I’ve heard in my entire life (that includes personal, professional and academic).



An astute observer (that pretty much rules you out) would have noticed that Sanders was the only candidate to explicitly state that voting for the “right” people is less than half of the battle. Meaning, he openly acknowledged that the two-party system is a complete sham, and the public en masse needs to effect social change through social activism. Of course, the sods will keep believing there is a difference between the two major parties, and keep waiting for politicians to enact legislation that will save the middle-class. The only true winners will be the capitalist class, the people who work for the capitalist class (i.e. politicians) and the national media that makes millions (billions?) of dollars covering the two-party system - sad.

Well you've got it all figured out. Go therefore to the battle young master of the universe and change it all for the better.

 

[IVE GOTTA PACKAGE 4U]

If there was ever a truth written on this board, that is it Sir. Congratulations.

We are just shooting the and expressing out opnions. Nothing worth getting fired up about

 

[vantexan]

The absolute worst analogy I’ve heard in my entire life (that includes personal, professional and academic).



An astute observer (that pretty much rules you out) would have noticed that Sanders was the only candidate to explicitly state that voting for the “right” people is less than half of the battle. Meaning, he openly acknowledged that the two-party system is a complete sham, and the public en masse needs to effect social change through social activism. Of course, the sods will keep believing there is a difference between the two major parties, and keep waiting for politicians to enact legislation that will save the middle-class. The only true winners will be the capitalist class, the people who work for the capitalist class (i.e. politicians) and the national media that makes millions (billions?) of dollars covering the two-party system - sad.

Why do you keep bringing up the gays?

 

[DriveInDriveOut]

They knew they were making bad loans.

We're in agreement.

Loans they wouldn't have made without Congressional pressure.

You're wrong.

You do realize under normal circumstances bank regulators would shut them down for making such loans?

Deregulation is a platform for a certain political party, you figure it out.

But you see Timmy if you approach everything in life from the angle that your side is always right you miss the big picture.

A big part of the problem is people like you, who insist on taking sides.
But you see Jane, I'm not on anyone's side, because no one is on my side.

 

[Sportello]

Why do you keep bringing up the gays?

WTF?

I jut reread his post, what are you talking about?

Projection?

 

[IVE GOTTA PACKAGE 4U]

We're in agreement.

You're wrong.

Deregulation is a platform for a certain political party, you figure it out.

A big part of the problem is people like you, who insist on taking sides.
But you see Jane, I'm not on anyone's side, because no on is on my side.
View attachment 193251

And everyone wonders won I stay in Fluff

 

[DriveInDriveOut]

And everyone wonders won I stay in fluf

 

[vantexan]

WTF?

I jut reread his post, what are you talking about?

Projection?

He constantly uses the word "sods." That's short for Sodomites. It's a word Brits use to refer to homosexuals. He thinks it's clever to use terminology like that towards us as we're so oblivious.

 

[floridays]

We are just shooting the and expressing out opnions. Nothing worth getting fired up about

What time will the prostate call tonight? Now that is the real question. Take care my friend. Oh, when @Future comes up for breath, tell him I said Hello!

 

[IVE GOTTA PACKAGE 4U]

What time will the prostate call tonight? Now that is the real question. Take care my friend. Oh, when @Future comes up for breath, tell him I said Hello!

He isn't feeling well

 

[floridays]

And everyone wonders won I stay in fluf

You're a great addition here green guy, you come here more often I'll stay out of your den of inequity... deal?