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10-01-2008, 01:12 PM
| | incompatible user | | Join Date: Feb 2008
Posts: 11,443
Rep Power: 204 | | | The GOP Blames the Victim
heh, great minds. Quote: |
Just imagine the flights of fancy that the theory of borrower malevolence and Wall Street victimization requires conservatives to take: All these no-account folks, you see, got together and forced investment banks to engineer subprime mortgages into highly leveraged securities. Then they tricked all manner of hedge funds and pension funds and financial institutions into buying these lousy products. Just for good measure, these struggling homeowners then persuaded bond-rating agencies to misrepresent the risk associated with these securities.
| Great op/ed, give it a read, in, OMG!, The Wall Street Journal. The GOP Blames the Victim - WSJ.com
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10-01-2008, 01:14 PM
|  | Registered User | | Join Date: May 2004 Location: Austin, Tx
Posts: 25,181
Rep Power: 79 | | Quote:
Originally Posted by Ravi  | Someone get a dead horse for Ravi.
__________________
"Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill
"But though there is no difference in this respect between the best demagogue and the worst, both of them having to present their cases equally in terms of melodrama, there is all the difference in the world between the statesman who is humbugging the people into allowing him to do the will of God, in whatever disguise it may come to him, and one who is humbugging them into furthering his personal ambition and the commercial interests of the plutocrats who own the newspapers and support him on reciprocal terms."
-George Bernard Shaw |
10-01-2008, 01:16 PM
|  | Too much socket time! | | Join Date: Sep 2008
Posts: 3,800
Rep Power: 15 | | | yes, and mark it down in her history book that no poor person ever got a mortgage they could not pay. Didn't happen. No sirree. |
10-01-2008, 01:18 PM
| | Registered User | | Join Date: Oct 2008
Posts: 1,448
Rep Power: 9 | | | nothing to see here move along. You make 30k a year, hes a half a million dollar loan for your home...move along please |
10-01-2008, 01:18 PM
| | Registered User | | Join Date: May 2004 Location: Austin, Tx
Posts: 25,181
Rep Power: 79 | | Quote:
Originally Posted by WillowTree yes, and mark it down in her history book that no poor person ever got a mortgage they could not pay. Didn't happen. No sirree. | make that a MINORITY poor person.
__________________
"Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill
"But though there is no difference in this respect between the best demagogue and the worst, both of them having to present their cases equally in terms of melodrama, there is all the difference in the world between the statesman who is humbugging the people into allowing him to do the will of God, in whatever disguise it may come to him, and one who is humbugging them into furthering his personal ambition and the commercial interests of the plutocrats who own the newspapers and support him on reciprocal terms."
-George Bernard Shaw |
10-01-2008, 01:18 PM
| | incompatible user | | Join Date: Feb 2008
Posts: 11,443
Rep Power: 204 | | Quote:
Originally Posted by dilloduck Someone get a dead horse for Ravi. | 
It's rare that I so definitively win a message board debate.
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10-01-2008, 01:20 PM
| | Registered User | | Join Date: Mar 2007 Location: Maine
Posts: 3,935
Rep Power: 76 | | Quote:
Originally Posted by WillowTree yes, and mark it down in her history book that no poor person ever got a mortgage they could not pay. Didn't happen. No sirree. | of course they did get mortgages they ended up, not being able to pay! IT WAS SET UP THAT WAY....by their lenders!  |
10-01-2008, 01:22 PM
| | Too much socket time! | | Join Date: Sep 2008
Posts: 3,800
Rep Power: 15 | | Quote:
Originally Posted by Care4all of course they did get mortgages they ended up, not being able to pay! IT WAS SET UP THAT WAY....by their lenders! |
so by that logic we can conclude that all poor people are very stupid. Not a one of them knew what they were doing. |
10-01-2008, 01:23 PM
| | Registered User | | Join Date: May 2004 Location: Austin, Tx
Posts: 25,181
Rep Power: 79 | | Quote:
Originally Posted by Care4all of course they did get mortgages they ended up, not being able to pay! IT WAS SET UP THAT WAY....by their lenders! | We know---they were tricked--just like congress was tricked into Iraq. We got a whole nation of dumb shits that fall for anything.
__________________
"Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill
"But though there is no difference in this respect between the best demagogue and the worst, both of them having to present their cases equally in terms of melodrama, there is all the difference in the world between the statesman who is humbugging the people into allowing him to do the will of God, in whatever disguise it may come to him, and one who is humbugging them into furthering his personal ambition and the commercial interests of the plutocrats who own the newspapers and support him on reciprocal terms."
-George Bernard Shaw
Last edited by dilloduck; 10-01-2008 at 01:29 PM.
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10-01-2008, 01:23 PM
| | Registered User | | Join Date: Oct 2008
Posts: 1,448
Rep Power: 9 | | | Hey Guys,
I have this really nice bridge in Brooklyn to sell ya.
Any takers? |
10-01-2008, 01:24 PM
| | Registered User | | Join Date: May 2004 Location: Austin, Tx
Posts: 25,181
Rep Power: 79 | | Quote:
Originally Posted by Andrew2382 Hey Guys,
I have this really nice bridge in Brooklyn to sell ya.
Any takers? | do I have to pay anything ? 
__________________
"Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill
"But though there is no difference in this respect between the best demagogue and the worst, both of them having to present their cases equally in terms of melodrama, there is all the difference in the world between the statesman who is humbugging the people into allowing him to do the will of God, in whatever disguise it may come to him, and one who is humbugging them into furthering his personal ambition and the commercial interests of the plutocrats who own the newspapers and support him on reciprocal terms."
-George Bernard Shaw |
10-01-2008, 01:25 PM
| | Registered User | | Join Date: Oct 2008
Posts: 1,448
Rep Power: 9 | | | nah, don't worry
No money down, we can do a sub-prime on it
just sign here! |
10-01-2008, 01:28 PM
| | Too much socket time! | | Join Date: Sep 2008
Posts: 3,800
Rep Power: 15 | | | okay |
10-01-2008, 01:28 PM
| | incompatible user | | Join Date: Feb 2008
Posts: 11,443
Rep Power: 204 | | | Jeesh, I see people are actually still denying the reality of the situation.
When does McCain start his ad with the hapless black family as the cause of all of America's woes?
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10-01-2008, 01:29 PM
| | Registered User | | Join Date: Oct 2008
Posts: 1,448
Rep Power: 9 | | | as soon as Obama starts his about the greedy republicans and how the democrats did everything in their power to stop it. | | Thread Tools | | | | Display Modes |  Linear Mode | 
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