There was tons of oversight...that's the problem
Posted By: wake up people............sm on 2008-10-10
In Reply to: First of all, there is nothing wrong with giving money...sm - oldtimer
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There is no oversight when it comes to them. sm
The banking cartel has been stuffing their pockets with our money and making money off misery for a long time. They fund both sides in wars. Paulson is just one of their lackeys. I agree with everything you say about Bush, but it really isn't his fault. He is following a script and doing what he is told. It is so crucial for everyone to understand our monetary system, and why the people controlling it are the root of all our problems. They are the reason 2009 is going to look like 1929.
G. Edward Griffin tells the story the best. He is the author of "The Creature From Jekyll Island." Jekyll Island is off the coast of Georgia, and is where the banking cartel met to make plans to create the Federal Reserve.
Here is Griffin on You Tube. There are 5 parts to it (they are short), but worth watching.
http://www.youtube.com/watch?v=iqn9AF3wkqQ
Also, search for Money Masters on You Tube. It is long, but very informative and worth the watch.
No, there does not need to be oversight...
Oversight from our government is a big NO NO. Government has no business overseeing any private business. The banks got everyone in this fix because they were forced to give subprime loans to folks who had absolutely no business having a loan for a home or anything else because they couldn't afford it!!!
Who put those rules on the banking industry? The GOVERNMENT. Don't blame the banks for this mess. They were going by government rules and this is where the government ALWAYS gets us....into nothing but a huge mess. Democrats love this crap. They can now use this as an excuse to impose all their bigger government social programs, all under the disguise of Americans needing these rules. BULL!!
Had the government kept their butts out of private businesses in the first place, this entire scenario would have been much less severe. Democrats have always wanted to control private businesses and they use this fear tactic to get any uninformed uneducated individual to believe they actually need the government.
More government = MORE PROBLEMS, MORE TAXES, MORE GARBAGE!!!
Sorry for the oversight...(sm)
Independents are more than welcome to express thier views as well -- not that I have any control over that...LOL.
Those are on tons of websites!
If anyone is going to get the money the goverment stole from me, I'd rather get it back in a grant than let those bloodsucking jacka@@es take any more of it!!! Heck, we're already giving it to illegals to the tune of millions and millions..........only it's called assistance (otherwise known as "pay for breaking our laws") and pay for all the illegals sitting in prisons.
Who gave the banks all that money with no oversight?
This site would be much more interesting if you knew what you were talking about. You'll be sniveling in the bread lines along with the rest of us as a result of Bush's "I'm the Decider" BS. Better add some vodka to that Kool-Aid - it's going to be a miserable ride.
Yes, slimy mortgage companies who have no oversight....they don't ask anything
just selling 'em as fast they could and packed them all up into nice little derivatives to drive up the bubble and make fast money - at our expense.
of course they don't! They makes tons of $$$$ going to Iraq
I live near a military base and they are falling all over each other to go to Iraq. once they go there they are set for life.
There are tons of homes on the market.
More homes for sale would bring the price down. The house would be appraised at a reasonable value. Only the sincere folks should be eligible.
Many were owned by private investors who bit off more than they can chew, trying to get rich fast.
My home went up in value by 120,000 from what I paid for it, to settle at $250,000. The guy across the street sold his for that and ours are identical. Now, it is back down to about 150,000. But that is cool cuz I got it for 80,000 (fixer upper). This is calif which means a lot.
I did try to refi twice - Central Valley Mtg offered me nothing but an ARM. He wanted me to take 20,000 of equity out (He said I needed a vacation). I turned it down. (I'm a Suze Ormon fan). He actually threw his pen across the desk when I told him.
Second time, the mtg broker offered me tiered payments, just principal first year, then a low interest rate the next and over 5 years, the interest rate sours. He wanted me to take 20 grand more out to invest in the stock market (lol). Then, refi before the huge interest rates kick in. I walked away on that. He did not even offer a fixed rate. When I requested it, he made it sound like it was out of the question.
Finally, went to WAMU (which is now JP Morgan...) and they refi'ed me with a fixed rate.
Predatory lending at its best.
MQ pays tons for those taxes of Obama's
They certainly must for so many MTs to be all atwitter over this plan. Fred Thompson said it perfectly last PM.
So those "moneybags" need to stop griping about MQ and how crappy it pays. You think you have less in your pockets now? You think this crap he's promising is free? How ignorant!
People have tons of reasons to discredit him.
nm
The Bush clan has tons of money, mostly by
ill-gotten means, but did you have a problem with that?
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