Conservatives may want to read this piece about socialism

[BrokeLoser]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

 

[Mac1958]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

 

[BrokeLoser]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

 

[jc456]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

what is total bullshit? did home owners fail to pay their mortgage or not? It's quite simple.

 

[Mac1958]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

 

[Mac1958]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

what is total bullshit? did home owners fail to pay their mortgage or not? It's quite simple.

Well, it really isn't.

If you would like to refute any of my 12 specific points, you're welcome to.
.

 

[Flash]

The Left Wingers are delusional.

Capitalism doesn't create socialism.

Capitalism fixed the economy destroyed by socialism.

Greed creates socialism.

You know, assholes demanding to get something for nothing.

 

[Cellblock2429]

I'm hoping we can stay on point here and not degenerate into yet another shallow, platitude-filled discussion on the evils of socialism.

Full disclosure up front: Writer Michael Tomasky is a hardcore left wing partisan ideologue. But in this piece, he actually offers some serious, reasonable, salient advice about the rise in popularity of socialism in this country:

Opinion | What Are Capitalists Thinking?

Examples:

You want fewer socialists? Easy. Stop creating them. Ask yourself: If you’re 28 like Alexandria Ocasio-Cortez, the New York congressional candidate who describes herself as a democratic socialist, what have you seen during your sentient life?

You witnessed the financial meltdown of 2008, caused by big banks betting against themselves. Capitalists might want to consider how all that looked to a young person who came from a working-class family and who probably knows someone who lost a job or even his house, while some of the bankers who helped create the mess walked away with golden parachutes, like that of Countrywide Financial’s Angelo Mozilo, which The Times valued at $88 million.

So, back now to our 28-year-old. She was born in 1990. She will probably remember, in the late ’90s, her parents feeling pretty good about things — median household income did go up under Bill Clinton more than they had under any president in a long time, even more than under Ronald Reagan. But ever since, the median income picture has been much spottier, hardly increasing at all in inflation-adjusted dollars over 18 long years. And those incomes at the top have shot to the heavens.

So if you were a person of modest or even middle-class means, how would you feel about capitalism? The kind of capitalism this country has been practicing for all these years has failed most people.

Thoughts? Or is this just more "fake news"?
.

/——/ I’ve been poor and now I’m rich thanks to capitalism.

 

[BrokeLoser]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

We get it...it’s the same bunch of bullshit that’s been said and cleverly reframed a thousand times before. EVERYBODY involved in the loan.....GOV, Wall Street, lenders, brokers and LO’s are to blame for the default of said loan while the borrower, the signatory is the victim.
We totally get it...it all makes perfect sense in unaccountable LibTardia.

 

[Mac1958]

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

We get it...it’s the same bunch of bullshit that’s been said and cleverly reframed a thousand times before. EVERYBODY involved in the loan.....GOV, Wall Street, lenders, brokers and LO’s are to blame for the default of said loan while the borrower, the signatory is the victim.
We totally get it...it all makes sense in unaccountable LibTardia.

I'm guessing you didn't look up any of the specifics I listed.

I'm less than shocked.
.

 

[iceberg]

I stopped reading right after this major crock of shit. “You witnessed the financial meltdown of 2008, caused by big banks betting against themselves.”
Grown ass adults signed the bottom of every single loan document...they accepted FULL responsibility and acknowledged they could adhere to the guidelines of the loan. People that try to sell that whole “I was victimized by the banks” bullshit are unaccountable fucking bitches....FUCK THEM!
Stop trying to blame the other guy or ‘the system’ for your retarded decision making...YOU FUCKED YOUR RETARDED SELF...PERIOD!

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

as with most circumstances, there isn't 1 way to look at these things anymore. if i'm going to take on a home loan and promise to pay $1500 a month for 30 years, that's on me. i read (or should have read) the terms and i found them ok.when i went to buy my own first home 20 years ago i "qualified" for a LOT more than i spent, but i didn't want to be responsible for the payback of more than putting me just over my usual rent. so i got a nice 2k sq ft home built and it's been a great home ever since.

i don't disagree the gov got into this and messed things up. that's what happens when our gov gets into these issues anyway. they put rules on it to try and "handicap life" as if it should be equal in all aspects, but it just isn't. left to their own methods and accountability, the banks would never have given out a lot of loans they in fact had to give out or risk gov intrusion into their business.

this is why i want LESS government in our lives, not more. once a side gets in power they want to use that power to punish the other side and we've been seeing that for several admins back and it's only getting worse.

i don't discount the kids today are seeing a very different world than i did. but nothing can compensate for my own desire to make it on my own as much as i can. personal accountability - something liberals for the most part hate - just isn't what it used to be.

 

[BrokeLoser]

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

We get it...it’s the same bunch of bullshit that’s been said and cleverly reframed a thousand times before. EVERYBODY involved in the loan.....GOV, Wall Street, lenders, brokers and LO’s are to blame for the default of said loan while the borrower, the signatory is the victim.
We totally get it...it all makes sense in unaccountable LibTardia.

I'm guessing you didn't look up any of the specifics I listed.

I'm less than shocked.
.

I did read your “specifics”...nothing changes.

 

[Mac1958]

Ah. Please see post 9, which provides an actual, non-Talk Radio account of what happened. From someone in the industry, who lived through it 24/7.
.

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

as with most circumstances, there isn't 1 way to look at these things anymore. if i'm going to take on a home loan and promise to pay $1500 a month for 30 years, that's on me. i read (or should have read) the terms and i found them ok.when i went to buy my own first home 20 years ago i "qualified" for a LOT more than i spent, but i didn't want to be responsible for the payback of more than putting me just over my usual rent. so i got a nice 2k sq ft home built and it's been a great home ever since.

i don't disagree the gov got into this and messed things up. that's what happens when our gov gets into these issues anyway. they put rules on it to try and "handicap life" as if it should be equal in all aspects, but it just isn't. left to their own methods and accountability, the banks would never have given out a lot of loans they in fact had to give out or risk gov intrusion into their business.

this is why i want LESS government in our lives, not more. once a side gets in power they want to use that power to punish the other side and we've been seeing that for several admins back and it's only getting worse.

i don't discount the kids today are seeing a very different world than i did. but nothing can compensate for my own desire to make it on my own as much as i can. personal accountability - something liberals for the most part hate - just isn't what it used to be.

The Meltdown was in many ways the result of government refusing to regulate the very "securities" and derivatives that damn near brought our economy down.
.

 

[Mac1958]

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

We get it...it’s the same bunch of bullshit that’s been said and cleverly reframed a thousand times before. EVERYBODY involved in the loan.....GOV, Wall Street, lenders, brokers and LO’s are to blame for the default of said loan while the borrower, the signatory is the victim.
We totally get it...it all makes sense in unaccountable LibTardia.

I'm guessing you didn't look up any of the specifics I listed.

I'm less than shocked.
.

I did read your “specifics”...nothing changes.

Of course not.
.

 

[MarcATL]

I'm guessing you didn't look up any of the specifics I listed.

I'm less than shocked.
.

Republicans only lie about, well...everything.

There's a recent clip out now of Megan McCain fully triggered on The View, screaming about how people are making her look heartless, I believe the actual term used was "in-compassionate.", well...she is.

She says she's changed her views on this matter now, SINCE her dad fell sick, but she didn't state how. Fact, she didn't, she just wants to say that.

She did say that she's 100% against Bernie's plan, and cited a study, that Bernie provided, that states how much money they'd spend...however, she forgot to cite the part in the SAME study that stated how much money they'd SAVE.

This is coming from a spoiled brat who never had to work a day in her life for anything she's had, she's an inheritance baby, coming from some 200 million plus, that she didn't had to work a dime for, she's uneducated, unskilled, unknowledgeable about anything in this world, except for spewing rightwinwg talking points. That's she's very good at.

She USED to argue this issue by citing "Lookit VENEZUELA!!", but as you know, that's claptrap isn't working on people any more.

Now she's trying to say she's just "concerned about the spending", but I already explained that above.

This is what the Republican party offers, lies and garbage.

They. will not. win.

 

[MarcATL]

First Clinton, then Bush.

Under clinton and bush.

Say gents...which Administration actively campaigned that "everyone should own a home?"

Clinton or Bush II?

 

[BasicHumanUnit]

Wrong wrong and wrong.

Leftist continually break society with their equality schemes. Well news flash, it's a great "feel good" line, but all people were not created equal.

Some people create companies like Apple which in turn hires thousands of people, which in turn builds the economy.

Some people get on welfare and make 17 babies, all of which then get on welfare.

Socialism is the means by which Apple cannot exist and welfare is needed for all, yet with Socialism, the means of creating an economy to pay for welfare are destroyed. Are they fucking crazy?

There is no excuse for Socialism and no, it NEVER works unless someone ELSE is providing assistance. ALL countries enjoying any Socilism do so because they have not had to foot the bill for their own defense.

Finally, Socialism is a mechanism which empowers GOVERNMENT.....EXACTLY OPPOSITE TO THE US CONSTITUTION.

My question is....why da FUCK are we even ALLOWING the anti-Constitutional Socialism conversation to take place at all ???

THAT's the biggest mistake of the Century. People like Sanders and Ortiz should be sitting in cells, waiting on their trial.

 

[iceberg]

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

as with most circumstances, there isn't 1 way to look at these things anymore. if i'm going to take on a home loan and promise to pay $1500 a month for 30 years, that's on me. i read (or should have read) the terms and i found them ok.when i went to buy my own first home 20 years ago i "qualified" for a LOT more than i spent, but i didn't want to be responsible for the payback of more than putting me just over my usual rent. so i got a nice 2k sq ft home built and it's been a great home ever since.

i don't disagree the gov got into this and messed things up. that's what happens when our gov gets into these issues anyway. they put rules on it to try and "handicap life" as if it should be equal in all aspects, but it just isn't. left to their own methods and accountability, the banks would never have given out a lot of loans they in fact had to give out or risk gov intrusion into their business.

this is why i want LESS government in our lives, not more. once a side gets in power they want to use that power to punish the other side and we've been seeing that for several admins back and it's only getting worse.

i don't discount the kids today are seeing a very different world than i did. but nothing can compensate for my own desire to make it on my own as much as i can. personal accountability - something liberals for the most part hate - just isn't what it used to be.

The Meltdown was in many ways the result of government refusing to regulate the very "securities" and derivatives that damn near brought our economy down.
.

i see it just as much as the gov over-regulating home loans to allow people who couldn't afford more expensive homes to buy them anyway under guaranteed loans.

that sure didn't help the situation regardless of whatever else was involved.

 

[Mr Natural]

Are the banks totally blameless in giving out mortgagers to people they knew could not make the payments?

 

[BrokeLoser]

You did an awesome job ‘dressing it up’. Still total fucking bullshit.
I struggle to understand how people can possibley spin and repackage this shit. The borrower, a grown adult said via signature “I CAN PAY THESE PAYMENTS AND ADHERE TO THE TERMS OF THIS AGREEMENT”
That’s it....end of fucking story.
The Lib way is to divert blame...it’s what you do, you hate personal accountability.

"Total fucking bullshit".

Got it. It just never happened. I don't see it! It's not there!

I realize none of this information exists within the ideological closed circuit of your world, but it does exist. Not hard to find, either.
.

Mac, come on man, you’re a smart guy, I read your posts. THINK.
What type of society are you trying to create when you say a grown adults signature at the bottom of a legal document isn’t acknowledgement of soul / final responsibility?

You're ignoring everything I wrote. I provided 12 specific, clear, concise examples of malpractice and pure lapses of fiduciary standards by the financial services industry (of which I am a part) that created the Meltdown.

If you wanted to, you could look any of them up. You're on the internet, right now. Go ahead.
.

as with most circumstances, there isn't 1 way to look at these things anymore. if i'm going to take on a home loan and promise to pay $1500 a month for 30 years, that's on me. i read (or should have read) the terms and i found them ok.when i went to buy my own first home 20 years ago i "qualified" for a LOT more than i spent, but i didn't want to be responsible for the payback of more than putting me just over my usual rent. so i got a nice 2k sq ft home built and it's been a great home ever since.

i don't disagree the gov got into this and messed things up. that's what happens when our gov gets into these issues anyway. they put rules on it to try and "handicap life" as if it should be equal in all aspects, but it just isn't. left to their own methods and accountability, the banks would never have given out a lot of loans they in fact had to give out or risk gov intrusion into their business.

this is why i want LESS government in our lives, not more. once a side gets in power they want to use that power to punish the other side and we've been seeing that for several admins back and it's only getting worse.

i don't discount the kids today are seeing a very different world than i did. but nothing can compensate for my own desire to make it on my own as much as i can. personal accountability - something liberals for the most part hate - just isn't what it used to be.

The Meltdown was in many ways the result of government refusing to regulate the very "securities" and derivatives that damn near brought our economy down.
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“The Meltdown”...that’s super dramatic...I like that, it pulls at the tolerant heart strings of self proclaimed noble Liberals.
Yep, it was .GOVS fault and if I left my keys in the ignition of my car and it gets stolen it’s my fault.
There you have it folks, that’s how shit works in backward, unaccountable LibTardia.