Anusol for the monkey.......
POSTED BY: AURaptor
UPDATED: Friday, February 20, 2009 23:38
VIEWED: 10955
PAGE 6 of 20
Yeah, you told us so, because you ORCHESTRATED the whole collapse.
Anything to get power.
Anything.
" I'm thinkin' we'll rise again "
And we will. 
It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager
A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people WILL understand.
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Quote:Frem is Blofeld in disguise then, eh RAPdog?
Originally posted by AURaptor:
Yeah, you told us so, because you ORCHESTRATED the whole collapse.
Links please?
You pathetic piece of paramecium poop, you putrid pack of packederm piss, you premium pinch of poofta puke, you are a poweless pnuemonia of the power protagonists, and a purile pimp of the pincers of philology. Puck you.
Quote:Quoted by an Alliance scumbag in a yellow-stained brownish coat.
" I'm thinkin' we'll rise again "
Partisan-sucking biped.
The kinder, gentler Chrisisall
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Not to discount Frem's undeniable soothsaying, but really, outside the DC circle jerk, most of America knew it was coming - even if they couldn't bring themselves to say it. When banks are handing out pre-approved credit cards at college keg parties and someone making 40k can get a loan on a $350k house with no money down, well it wasn't too tough to make the call.
What really pisses me off, is that plenty of us had the sense not to sign on the dotted line, and we ought to be rewarded for that good sense. We ought to be picking up houses for a song and laughing at the "upwardly mobile" asshats who thought they had it all figured out, flipping their houses every two years and floating everything. "Letting it ride" is fine if you're willing to take your lumps when you lose. But that's not the way we roll in the good ole USA these days. You takes your chances and when you lose you get taxpayers to write it off. Fuck that.
SergeantX
"Dream a little dream or you can live a little dream. I'd rather live it, cause dreamers always chase but never get it." Aesop Rock
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"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
Choke on it, Chris.
It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager
A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people WILL understand.
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Quote:You were right Frem, you almost always are. I remember what you said, back to 2005, and that's why I have always followed your posts.
Originally posted by Fremdfirma:
And then I told you how it would go AFTER that, again in detail, and again you brushed it off -
Bitches like *names deleted for purposes of good form* have denied the truth, but I see what you're sayin'.
-V
The almost anarchist now Chrisisall
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Quote:So, Dems can be as*holes as well as Pugs.
Originally posted by AURaptor:
"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
Choke on it, Chris.
*Carmine voice from Die Hard 2*
I gotta lie down!
Eat me, monkeyboy.
I live in Mass, I know who my d**kheads are/were, thank you very much.
Keep praying to your Partisan God, jerkweed.
The loose-tongued Chrisisall
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Rapo, your continued focus on Fannie and Freddie, which accounted for only about 15% of at-risk mortgages, is as a blind as your focus on non-existent WMD. Fannie and Freddie were already operating under a consent decree even while the toxic-loan inventory was REALLY taking off.
Quote:Then you SHOULD have been happy with Billy-boy, because he actually turned Bush's deficit into a surplus. How come I don't hear any kudos for THAT?
Anyone with a room temp. IQ disagrees with both parties deficit spending.
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It's the end of the world as we know it, and I feel fine.
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Quote:
''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager
A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people WILL understand.
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Quote:
Originally posted by SignyM:
Rapo, your continued focus on Fannie and Freddie, which accounted for only about 15% of at-risk mortgages, is as a blind as your focus on non-existent WMD.
The smallest pebble can start an avalanche.
Selah.
It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager
A concern of the GOP is that the people aren't informed enough to understand their policies, while a fear of the Dems is that the people WILL understand.
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Quote:ONLY IF the system is so unstable that it'll slide with the slightest nudge. And the rest of the system WAS unstable.... even more so than Fannie and Freddie. The reason why Fannie and Freddie got into trouble was not because their loans were too risky but because they were too CONSERVATIVE. Fannie and Freddie were offering their investors only about 0.25% more thanT-bills, which made stockholders unhappy and dropped the share price.
The smallest pebble can start an avalanche.
It's complicated. But it's like Hitler, in a way. If the economy in Germany hadn't been so unstable, if resentment against war reparations hadn't been so high, Adolf would have been just a nut-case on a sopa-box.
Same here: IF there hadn't been such an outstanding inventory of bad loans (mostly in banks, not Fannie/Freddie), IF the banks hadn't been allowed to meddle in derivative, CDOS etc (2000), IF the SEC hadn't allowed investment banks to leverage up to the hilt (2004), IF the Federal government wasn't in deficit up to its eyeballs, IF the purchasinsg power of the USA economy wasn't so eroded since 2000 and so heavily based on loans .... THEN the dominoes wouldn't have fallen one right after another.
It could have stopped at Fannie/Freddie. But because the mortgage banks were busy churning out bad loans as fast as they could, it didn't. It could have stopped at mortgage banks w/o spreading to investment banks, but because the mortgage banks were allowed "financial products" with "credit default swaps" it didn't. It COULD have been limited to a financial crisis instead of spreading to the economy, but because economic activity was based so heavily on loans, it didn't. It COULD be taken care of without massive dollar inflation, but because the government ALREADY has a huge deficit... it won't. It could have stopped any one point. but the dominoes were lined up one right after another. The Dems put one domino in place (two, if you go back to Clintons' "free trade" policies) but the Repubs are responsible for the rest.
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It's the end of the world as we know it, and I feel fine.
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