Who gave the banks all that money with no oversight?
Posted By: sm on 2009-02-05
In Reply to: Koolaid drinkers dont care. O wants a Govt - takeover. This will NEVER fix it -only get worse.n
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.
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And I gave him money and he can spend anyway he wants.
I will be watching with great expectations.
Said he had lots of money, I know I gave as much as I could.
NM
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.
There was tons of oversight...that's the problem
xx
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.
Banks
Out of 10,800 banks in this country, only .5% of 1% of the banks failed...............
which means Obama should have left it all alone. If he truly had people around him that cared about this country, they would have informed him to let the banks fail, that there were plenty of strong ones out there and he should just let the chips fall where they may.
He has stuck this country to the tune of trillions and we will be paying the price big time in a year or so when the inflation boom hits...... he preyed on fear, knowing so many would just think he suddenly knows the best thing to do. The best thing to do was nothing. Private companies fail all the time and the stronger ones survive. Simple as that. Strong ones buy out the weaker ones. That would have happened with no interference from the governement at all, as usual! Just like all the car manufacturers aren't failing. Fiat is looking at buying Saturn..... and life goes on. Private businesses should always be left alone.
The only reason AIG got such a big bailout is because many democratic friends of Obama and his cronies work there.... the names aren't that hard to find but you have to look for who knows who to start getting the picture. Such a pathetic shame!
Printing money we dont have? Borrowing money
nm
And if the gov't had not deregulated banks,
brought about by pubs.
Deregulation of what, may I ask? Banks,
Two more banks go belly up..... sm
bringing the total to 19 failed banks now. 
http://money.cnn.com/2008/11/07/news/companies/bank_failure/index.htm?postversion=2008110721&eref=rss_topstories
don;t forget foreign banks
successfully lobbied to be included in this bailout. (John McCain's financial advisor Phil Gram is head of USB, Swiss bank)
And government ownership of banks.
x
it is called "job banks" and -
http://www.foxnews.com/politics/2008/11/21/automakers-ask-bailout-paying-workers-sit/
Here's the link to read all the information. They can do volunteer work for the community if they want to - but it is not required. Mostly they just sit there and collect the $31 an hour.
It should be $$ for banks, big oil and wall street, right?
x
And banks didn't have a choice?
They loaned money to people to buy McMansions that they could not afford - on purpose. The housing industry was booming. That way, they could forclose on these bad loans - keep the down payments and subsequent payments and resell the house. They were trading paper. Maybe you ought to educate yourself. Nah. Too far of a stretch. After all, the constitution-abiding president who just slunk off with his tail between his legs wasn't at all concerned about civil rights or the constitution. He was playing monopoly and destroying everything in his path - like rich, spoiled little boys do. You know, the ones who go AWOL from their service and receive no punishment. He probably still suckles grandma Barbara.
Oh, I get it. Kinda like the bailed out banks
I feel so much better now.
How many mortgages got sold to other banks?
Look at the big picture. They were selling houses to anyone who would sign on the dotted line - they did not give a fig whether or not you could afford it. They then boxed up a pile of these mortgages and sold them to other banks or mortgage companies with the premise - here's a box of rocks, there's gotta be a diamond in there somewhere. They WANTED these mortgages to fail. The housing market was booming - take the down payment, pass the mortgage around - foreclose on hapless patsies - and resell the house. They were MAKING MONEY OFF OF DOING THIS!!! But, they got greedy, and that box held all rocks and no diamonds. They screwed themselves as well as the American people who fell for this sham. But who is going to suffer the most?
That happened when the **banks got drunk**
//
This is truly socialism. These banks and rich Wall
Street types would be crying out if they gov't did this for the people, but they are begging for the help now. They had better come up with a plan that includes not big pay days for CEOs, etc. I was watching The View and Whoppi said they need to include something for the people, like wiping out half of the mortgages so the actual people who will benefit the economy, i.e. us because we spend money here in the U.S. can get back on our feets and go out and put some money back in the economy and not have to worry about losing a home, etc. I totally agree with that, but I can pretty much guarantee that will not happen.
Marx: Centralize credit in the banks.
private property. Right any bells?
How about Bush's plan of buying banks?
What's that called?
A Quiet Windfall for US Banks (While You Weren't Looking)
Here's you starter-kit that went under the radar screen, tax and spend lovers...
» Washington Post: A Quiet Windfall for US Banks
Same with the banks - they've lost MY business,
- if EVER. Take my Mastercard, for instance. Been a loyal customer, same bank for 30 years, yada, yada. Always make my payments, often in full, and other times way over the minimum. Never late, my checks don't bounce. So they raise my finance charges from 9% to 29% in one fell swoop!
Needless to say, that's it for me. I cleaned out my bank savings (which was only earning about .02% interest), and paid off the Mastercard with it. Will close the account. Now that there are checking account debit-cards, who needs the charge card? Plus it'll keep me from spending more than I have. In a dire emergency, I can always siphon a little out of my money market (which still earns something like 4-5% interest) to pay for emergencies in FULL, without running up credit card fees. So, there goes part of the banks' income!
If all of us rearranged our finances in such a way that we pay NO fees or finance charges, maybe the banks would have to find an HONEST way to make a profit. Wouldn't THAT be a revelation.
She said ACORN bullied banks into giving the loans....
she just said Obama was associated with them. ACORN did bully banks, and Obama WAS associated with them, through Project Vote. He trained the ACORN folks how to get out and get people registered, hired them to work on his senate campaign, and ACORN endorsed him. And they are under investigation for voter fraud in ALL the swing states. Admitted in Ohio today: yes, there will be fraud, its not our fault, we can't check every registration. Sounds like "He was just a guy in the neighborhood" excuse. Looks like he taught them well.
This guy is so dirty.
If socialism doesn't work - then why did W give the banks all that $$?
nm
It takes money to make money. nm
Bush made Wall St Socialist and our banks so why do you even bother
We have socialism now but it's not the poor you blinded bigot.
"Evil" is George Bush, Wall Street, the Banks,
NM
Your precious Bush turned Wall St socialist and the banks TRUE
you voted for him and look what happened SOCIALISM by BUSH
How about the one God gave us?
*You reap what you sow.* That's what they've done.
Anyhoo, thought you said you were leaving. Hmmmmmmmm.... they didn't have a real high regard for the truth, either.
To anyone else reading this: This person isn't even trying to hide the fact that he/she is baiting us. Let's not permit them to do to the Liberal board what they did to the Conservative board.
Just don't read this person's posts any more. They said they were leaving. They aren't doing that, and their only intention is to incite. Let's take the high road and not fall for their crap!
You just gave yourself away, gt. SM
LMFAO = gt and a whole lot of other posters. You don't fool me.
Yes, and he said he gave her a ZERO.
nm
Charging is not spending money...it is spending someone elses money!
When you are debt free (as we are) THEN you spend money...anything else is just going into debt. I highly doubt he pays cash for anything.
Oh, you just gave me the goosebumps!
We would indeed be better citizens of the world :o)
it gave me chills to see it on TV
x
if someone gave kc a pop quiz
miserably - ha
What if they gave an election and nobody came?
Do you think this will be a high voter turn-out year? Voter registrations are waaaay up this year. (Barring, of course, the fraudulent registrations which will hopefully have been resoved by election day.)
It's certainly been the most hotly contested campaign season I can recall - and I've been voting since the late 70s. There's so much bravado and blustering coming from both camps, and the media clearly chose their darling many moons ago, it seems like people will either be so sick of it, or apathetic about the outcome, that a lot of folks simply won't bother to show up.
I know there's been a massive push to register young voters. Our college campus has been crawling with people trying to stir up support for a certain candidate. My daughter and her friends are apporached every time they attend an event, from football games to local band open mic nights. But do you think everyone will actually turn up on election day?
And this may be totally UN-PC, but I'm not so sure everybody SHOULD vote. I mean, if you're too lazy to register, are you really going to be doing your due diligence and educating yourself about each candidate's policies and proposals?
What do you all think about it?
I did that below. Also gave the name of the site.
.
Exactly, he never gave a definitive
answer to one question tonight. For that matter, he never does. It is always beat around the bush and then "lets talk about the issues people want to hear" and then never tell us anything. You never get a straightforward answer from him or from any of his constituents. No one can tell you what he plans to do or how he plans to do it.
Huh? What do you mean cases? He gave me...sm
his opinion, very simple case he said, open and shut. He is my brother, I didn't ask for a $500 legal consultation. Good grief.
Well now....who do you think gave them that authority?
That would be your democratically controlled congress. Before the bill, the secretary of the treasury couldn't do squat. So if Bush IS making all these decisions, it is because YOUR dem congress allowed him to. So why not go hold THEIR feet to the fire??
Just who gave Indonesia the right
to denounce a U.S. citizen's AMERICAN citizenship. Who cares what Indonesia did. At the time Obama was a kid for crying out loud and the school or government could put whatever they wanted on whatever they wanted. This citizenship non-issue gets more absurd with every post about it.
Oh, please, I gave as much as I could for Obama and I
am not a member of ACORN. You people just will not give up and know - yes we can and did!!!
OMG, you gave me a big laugh. And what about
the black/red dress Michelle wore when O held his victory speech in Illinois? Comments were: Different, astonishing etc......????
I gave you a joke......maybe you should
aim your bile at the first poster. While picking up ammo for my handgun last weekend - the salesman said "better stock up before the brownies come for us" - that's a redneck...............aka a$$hole
Hey, I gave you a pass on
'most of the people there was'. Or was that intentional?
We don't usually rag on hurried typo errors because we have no spell check on this forum. But not bothering to look up a spelling or making a rookie grammatical error are both noteworthy.
Now that gave me cold chills. SM
Mostly because I feel this very sentiment oozing from this board. Man, I hope none of the terrorists read here.
In the case you gave if the teacher said...sm
*I'm not in any way trying to tell you what you should believe of think but I am going to put this out there for you thing about...Some people believe Jesus Christ died and was born again for the sins of man.*
I still wouldn't see the problem. You have to listen to the entire statement. He said pointedly that he was not trying to tell the students how they should believe. But, if all you got over the newswaves were the butt end *Jesus died and was born again for the sins of man* then the entire point would be lost anyway.
That said, I think this teacher needs to find a job in a political science class where his comments would be more appropriate. I don't think he should be fired but a) moved to a political science class or b) told to stick to the cirriculum. I don't think either will be enough for those out for blood on this case.
I gave you two facts which you discounted...
a video that is a fact and a 747 that is a fact. If you want to think it just appeared in the desert for no good reason...that is up to you. If you see a video that is obviously Muhamed Atta and a man identified by all intelligence sources as being part of Hussein's government, and that they were probably just old buds having tea, that is also up to you. Both of those were reported on CNN, which is NOT a far right wing anything, much the opposite. Even dear old Wesley Clark admitted to both, and he is about as far left as you can get. And, my friend, your bias causes you to discard fact simply because it does not fit your agenda. What you are posting is your opinion based on what you accept or do not accept from what you read, just like mine is. What I have not discounted is video evidence and a 747. Makes me wonder what it will take to open your eyes if 9-11 did not do it. Oh yeah. I forgot. 9-11 had nothing to do with Saddam Hussein. Yeah. Uh huh. I had almost forgotten how condescending you can be in your postings. Thanks for reminding me. Good day!
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