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Feb 5, 2016 00:25:09   #
bgl Loc: Brooklyn,New York
 
rfmaude41 wrote:
Dear bgl;

I do understand the facts, much better than thee:

I don't thinkest that thou remember how the "FEDS" promoted the "Housing for everyone" routine which FORCED the banks to issue loans/mortgages/credit to most of the people that would not otherwise qualify (or they were threatened with heavy fines, etc.), and definitely couldn't keep up with the payments

I know a whole more than you think, as I supported one of the World's LARGEST BANK's Mortgage and Load departments during that period.

You as a lib understand little if anything at all about REAL ECONOMICS.
Dear bgl; br br I do understand the facts, m... (show quote)


"Forced the banks"? You've got to be kidding! How exactly did you "support" the mortgage and Load (that's your spelling) departments?

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Feb 5, 2016 01:02:17   #
Peterff Loc: O'er The Hills and Far Away, in Themyscira.
 
rfmaude41 wrote:
I supported one of the World's LARGEST BANK's Mortgage and Load (sic) departments....


You sound a lot like Cliven and Ammon Bundy with that comment!

Perhaps you support the policies that are destroying America and its economy, or perhaps you just really do not understand...

Remember that the Savings and Loan crisis and our most recent Sub-prime Mortgage crisis have gutted many hard working honest families in the US at the benefit of the few non-accountable super rich. Mostly due to unregulated or poorly regulated markets. It is these things that gut and cause the collapse of economies. Extreme socialist policies and extreme capitalist polices both lead to economic collapse, just in different ways.

Do you remember the Wall Street vernacular of the mid 2000's? Toxic Assets, Mortgage backed securities, and the old mantra between the architects: "IBGYBY" - "I'll be gone, you'll be gone" or, perhaps in your case "I'll be gone, all Y'all be gone!".

Are you basing your credibility on having been one of the architects of those economic disasters? Not a badge that I would want to wear with any honor!

Perhaps Donald T. Rump is right, and perhaps we should build a wall,... on the northern border of Texas, and we'll have taxes on Texas to pay for it! Or, we could just give Texas back to Mexico and still build on the Mexican border!

I salute you, Sir. I'll leave it to your imagination to decide how!

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Feb 5, 2016 21:42:30   #
mdfenton
 
I understand they have single payer health care also:

http://www.dallasnews.com/lifestyles/travel/international/20150605-what-you-really-need-to-know-about-visiting-cuba.ece

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