BHO and the 09-2010 congress failed the Democratic party worse than any-one

YOU are a jerk for refusing to face your mistakes like a man

What mistakes?
If I was a democrat I would be very pissed at the leadership
JOBS fixes it all
real estate value returns
credit returns

What did they do?
 
You clearly said Gramm Leach was repealed.

You have avoided completely every chance to admitt your mistake.

This is why your thinking is so fucked up.

You are a bag of emotion without a concern for facts
 
what are you talking about?
Gramm Leech was repealed took place in the late 90s

What does of any of that have to do with the events of 209 thru 2010?
The credit bubble was no-ones fault but those who borrowed more than they could afford
and
Those who lent out more than they could get back

No one else s

It is against the law to lie on a credit app
It is against the law to loan money based on a lie on a credit app
That is called bank fraud

What does any of this have to do with +5 million jobs fewer than 08 and deficits in excess of 1 trillion dollars each year?

why did you not have the class to admitt you were wrong?

You said it you moraless clown
 
http://www.usmessageboard.com/members/jrk.html


JRK
Registered User

Send Message User Lists Last Activity: Today 11:25 AM
Current Activity: Replying to Thread Politically speaking, the truth about the credit bubble
User Lists
Add to Friends List
Add to Contacts
Add to Ignore List
Send a Message to JRK
Post a visitor message for JRK
Send a private message to JRK

Visitor MessagesStatisticsFriendsContact Info» Visitor Messages
The following errors occurred with your submission


View Your Conversation with JRK Message:








Posting Message - Please Wait Showing Visitor Messages 1 to 7 of 7 Today 08:01 AM - permalinkTruthmatters
Not going to answer your own thread anymore?
View Conversation Edit Report Today 07:55 AM - permalinkTruthmatters
You dont even know what gram leach is
View Conversation Edit Report 09-20-2011 01:22 PM - permalinkTruthmatters
BBC NEWS | Americas | Bush administration on Iraq 9/11 link
View Conversation Edit Report 07-09-2011 01:05 PM - permalinkTruthmatters
"A customer should be able to walk into a financial institution and get any financial product he or she needs — securities, insurance, banking or trust services,"







A Broker would know what was in the securities they sold and would not like to have his or her reputation tarnished by selling crap that backfired in a couple of years.

Allowing the banks to pick, train and direct the "brokers" allowed them to pick any smuck and train them the way they wanted them trained and teach them only enough to sell the crap without telling them enough to know that what they were selling was crap.


The banks made money off the sub primes they wrote. They rolled them into securities and sold them to buyers.

The Broker rules were put in place under glass steagal, so they could not do that.

Press Release: SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers; 2007-190; Sept. 19, 2007
View Conversation Edit Report 06-03-2011 08:56 AM - permalinkTruthmatters
Press Release: Agencies Adopt Final Rules to Implement the Bank 'Broker' Provisions of the Gramm-Leach-Bliley Act; 2007-198; Sept. 24, 2007

dont go arround pretending you dont know these facts now
View Conversation Edit Report 05-21-2011 10:30 AM - permalinkTruthmatters
http://www.usmessageboard.com/politics/politics/politi...ml#post3666364


heres your answer
 
Last edited:
You were given this information nearly a year ago and you are still trying to spread this lie
 
what are you talking about?
Gramm Leech was repealed took place in the late 90s

What does of any of that have to do with the events of 209 thru 2010?
The credit bubble was no-ones fault but those who borrowed more than they could afford
and
Those who lent out more than they could get back

No one else s

It is against the law to lie on a credit app
It is against the law to loan money based on a lie on a credit app
That is called bank fraud

What does any of this have to do with +5 million jobs fewer than 08 and deficits in excess of 1 trillion dollars each year?

This guy clearly said GLB was repealed.

He refuses to admitt that is a mistake.

and along comes the idiot lying sack of rat shit which is miester to join the lie
 
That is why everyone now knows what a moralless pack of assholes you guys are
 
I understand you are a lying piece of shit with no morals and a huge false self image.
 
So tell us all how mortgage backed securities had nothing to do with the crash?
 

Forum List

Back
Top