Dominionist Governor Rick Perry Acknowledges Abuse of Power Allowing Austin to Secede from Texas

[Toddsterpatriot]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

 

[RKMBrown]

Come on man. Dodd-Frank was badmouthed by the banks, and then when they knew they could get what they wanted, they backed off the badmouthing. These same banksters badmouthed public school teachers, spending millions of dollars, in order to further their lucrative Charter School scam.

Bait and switch. It's what our government is best at. You want affordable health care? Here's an Unaffordable health care act we're gonna shove up your ass. You want us to actually follow up on terrorist leads? Here's an unpatriotic act we're gonna shove up your ass. You want to make sure we don't cause another cluster duck in the market based on government intervention? Here's a banking deform act we're gonna shove up your ass.

Youse wanna keep your doctor? Sure, youse can keep your doctor. That's the ticket.

You want to know when Democrats/Republicans are lying to you? It's easy, every time they open their mouth.

I agree, except, the Republicans want to blame the poor for the housing crash. And the Republicans want more war and regime change than even Obama wants. Other than that, they both lie about many things.

HUH? Obama put us in more wars than the pubs, and the housing crash was started by the rich democrats not the poor.

That is a lie. Obama did some regime change according to Yinon Zionism, like in Libya. But the move to the middle east was Cheney's doing, again, according to Yinon Zionism. That is pure propaganda that Obama did more war than Cheney. Housing bubble was started by both parties. In 1982, congress passed a law, and Reagan signed it, allowing for liar loans. Reagan never lived to see the damage he caused. I wonder if he would have stayed Republican had he seen the housing bubble.

Liar loan? ROFL Put down the bong. Yeah I see, when democrat presidents fight wars it's regime change, when republican presidents do it it's a move to the middle east, as if this was our first visit there.

All Neocon/Zionist war is regime change regardless of the party. Did you get your AA in Hair Splitting? The move into the middle east according to PNAC, was initiated by the Republican admin in 2000. Obama is an extension of that administration. Regime change started with Iraq and was discussed back in 1982 in the doctrine known as Yinon Zionism. Yinon preached regime change in the middle east, a destroying off all the governments, Iraq, egypt, Syria, Lebanon, Libya,etc. Nothing happens in the middle east that differs from the plan.

Liar loans were passed by Reagan in 1982. You are the bonger. Reasd up on the law, called:
Garn–St. Germain Depository Institutions Act

And this is the link to learn all about it, Einstein: Garn St. Germain Depository Institutions Act - Wikipedia the free encyclopedia

Paragraph one: It is disputed whether the act was a mitigating or contributing factor in the savings and loan crisis of the late 1980s.[1]

That isn't the point, Einstein. The law allowed liar loans after Reagan was dead. He didn't even live to see the damage. And I said both parties were in on it. The Dems as well. I wrote an article on Business Insider about Clinton's involvement. But Reagan started the Thatcher deregulation ball rolling. That is fact. He was an idiot.

Define liar loans, WTF are you talking about? Seriously are you on some kind of psychedelic?

Reagan was hardly an idiot. Why is it that democrats can't discern the difference between good regulatory practice and bad regulatory practice. As for your article.. Yeah we'll I'm published to.

You are terminally dull. You could have learned something today. Are you paid by the NWO or do you just post stupid stuff for free?

Your lack of ability to draft coherent sentences, combined with your accusations of NWO and Zionist agendas proves you to be a tin-foil hat ignoramus.

 

[Gary Anderson]

And do you know where the first liar loans came from that led to the housing bubble? Yep, the UK. They were called Self Certified loans there. They were stated income, or liar loans. So it wasn't the CRA, Acorn or the like. The loans were made in Spain, the UK and other places. They were liar loans and the financial system fooled Reagan. He should have stayed a New Dealer. The Greatest Generation loved FDR and the rewrite of history against FDR was paid for by the same people who wanted the liar loans.

You have been had, Reaganites.

Yeah ok. So you want to call sub-prime loans with no-validated income a liar loan. Why should it be illegal for a bank to provide a high risk loan?

Good Question. It isn't the loan itself that is the problem if used by wealthy people. It is the loan that was supposed to be for wealthy people with variable income, being applied to the masses. There were so many liar loans that it affected the prices of houses and caused the bubble and crash that destroyed the middle class. The loans were a churn, like the fake CME contracts. The churn was set up by Wall Street, and the victims of the churn were the people of the United States of America.

 

[Gary Anderson]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

oh yes it is. 1982 was a busy year. The 9th Circuit ruled that a guy could not sue the government for Fed negligence because the Fed was not a part of the government: Court Rules Fed is Privately Owned

 

[Toddsterpatriot]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

oh yes it is. 1982 was a busy year. The 9th Circuit ruled that a guy could not sue the government for Fed negligence because the Fed was not a part of the government: Court Rules Fed is Privately Owned

Courts say all sorts of stupid stuff. Doesn't mean they're right.
Try again?

 

[eagle1462010]

Stated income loan - Wikipedia the free encyclopedia

Reasons for stated income loans[edit]
These loans are nominally intended for self-employed borrowers, or other borrowers who might have difficulty documenting their income. Stated income loans have been extended to customers with a wide range of credit histories, including subprime borrowers. The lack of verification makes these loans particularly simple targets forfraud.[3]

Stated income loans fill a gap of situations which normal loan standards would not approve. For example, a standard rule is that a customer's mortgage and other loan payments should take up no more than 45% of the person's income. This would seem prudent for a person just owning their main home. However, a real estate investor may have multiple properties and for each may receive only a small amount more than their loan payments on each house, but end up with $200,000 in disposable income. Nevertheless, a non-stated income loan would decline this person since their debt to income ratio would not be in line. The same issue can arise with self-employed borrowers, where the bank with a fully documented loan would include the borrower's business debt in their debt to income calculation. Stated income loans also help borrowers where fully documented loans normally would not consider the source of income as being reliable and stable, such as investors who consistently earn capital gains. Fully documented loans also do not consider potential future income increases. Another type of loan that uses the same principles is the no income disclosure loan.

In August 2006, Steven Krystofiak, president of the Mortgage Brokers Association for Responsible Lending, in a statement at a Federal Reserve hearing on mortgage regulation, reported that his organization had compared a sample of 100 stated income mortgage applications to IRS records, and found almost 60% of the sampled loans had overstated their income by more than 50 percent.[4]

 

[eagle1462010]

http://www.nytimes.com/2011/03/26/business/26nocera.html?pagewanted=all

few weeks ago, when the Justice Department decided not to prosecute Angelo Mozilo, the former chief executive of Countrywide, Iwrote a column lamenting the fact that none of the big fish were likely to go to prison for their roles in the financial crisis.

Bank of America Corp
Go to your Portfolio »

Soon after that column ran, I received an e-mail from a man named Richard Engle, who informed me that I was wrong. There was, in fact, someone behind bars for what he’d supposedly done during the subprime bubble. It was his 48-year-old son, Charlie.

On Valentine’s Day, the elder Mr. Engle said, his son had entered a minimum-security prison in Beaver, W.Va., to begin serving a 21-month sentence for mortgage fraud. He then proceeded to tell me the tale of how federal agents nabbed his son — a tale he backed up with reams of documents and records that suggest, if nothing else, that when the federal government is truly motivated, there is no mountain it won’t move to prosecute someone it wants to nail. And it was definitely motivated to nail Charlie Engle.

 

[boedicca]

Jeebus people, learn how to prune nested quotes.

 

[Gary Anderson]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

oh yes it is. 1982 was a busy year. The 9th Circuit ruled that a guy could not sue the government for Fed negligence because the Fed was not a part of the government: Court Rules Fed is Privately Owned

Courts say all sorts of stupid stuff. Doesn't mean they're right.
Try again?

It is right as the Supreme Court did not overrule. This is not municipal court, Einstein.

 

[Gary Anderson]

And Todd, Yellen is paid by interest earned, not by the Federal Government.

 

[Toddsterpatriot]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

oh yes it is. 1982 was a busy year. The 9th Circuit ruled that a guy could not sue the government for Fed negligence because the Fed was not a part of the government: Court Rules Fed is Privately Owned

Courts say all sorts of stupid stuff. Doesn't mean they're right.
Try again?

It is right as the Supreme Court did not overrule. This is not municipal court, Einstein.

No, it's not right. The Fed is part of the government.

 

[Gary Anderson]

Jeebus people, learn how to prune nested quotes.

How do you do that?

 

[eagle1462010]

Liar Loans are against the law..............As shown in the last post..................Banks make loans and in many of these cases those asking for loans LIED.............

So, these loans are ILLEGAL and punishable if they Lie on their loan application. How does that make Reagan an idiot.......................That idiot did turn this country around..........but did start repealing some of the Glass Steagal.........but in no way does that justify not looking at the accomplishments under Reagan.

Your party skirt is showing again.

 

[boedicca]

http://www.nytimes.com/2011/03/26/business/26nocera.html?pagewanted=all

few weeks ago, when the Justice Department decided not to prosecute Angelo Mozilo, the former chief executive of Countrywide, Iwrote a column lamenting the fact that none of the big fish were likely to go to prison for their roles in the financial crisis.

Bank of America Corp
Go to your Portfolio »

Soon after that column ran, I received an e-mail from a man named Richard Engle, who informed me that I was wrong. There was, in fact, someone behind bars for what he’d supposedly done during the subprime bubble. It was his 48-year-old son, Charlie.

On Valentine’s Day, the elder Mr. Engle said, his son had entered a minimum-security prison in Beaver, W.Va., to begin serving a 21-month sentence for mortgage fraud. He then proceeded to tell me the tale of how federal agents nabbed his son — a tale he backed up with reams of documents and records that suggest, if nothing else, that when the federal government is truly motivated, there is no mountain it won’t move to prosecute someone it wants to nail. And it was definitely motivated to nail Charlie Engle.

BofA was forced to buy Countrywide, and then recently settled to pay a nearly $17B fine.

The Feds would rather extort money out of BofA - it has far more cash than Angelo.

 

[Toddsterpatriot]

And Todd, Yellen is paid by interest earned, not by the Federal Government.

So?

 

[Gary Anderson]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

oh yes it is. 1982 was a busy year. The 9th Circuit ruled that a guy could not sue the government for Fed negligence because the Fed was not a part of the government: Court Rules Fed is Privately Owned

Courts say all sorts of stupid stuff. Doesn't mean they're right.
Try again?

It is right as the Supreme Court did not overrule. This is not municipal court, Einstein.

No, it's not right. The Fed is part of the government.

No, it is not. The government does not pay Yellen's salary.

 

[boedicca]

Jeebus people, learn how to prune nested quotes.

How do you do that?

Delete some of the quoted text and quote tags before you post your reply. Really, more than 3 or 4 quotes makes a reply unreadable.

 

[eagle1462010]

Jeebus people, learn how to prune nested quotes.

Sorry, just did a quick cut and paste on it............I'll try not to do it again...........

 

[Gary Anderson]

http://www.nytimes.com/2011/03/26/business/26nocera.html?pagewanted=all

few weeks ago, when the Justice Department decided not to prosecute Angelo Mozilo, the former chief executive of Countrywide, Iwrote a column lamenting the fact that none of the big fish were likely to go to prison for their roles in the financial crisis.

Bank of America Corp
Go to your Portfolio »

Soon after that column ran, I received an e-mail from a man named Richard Engle, who informed me that I was wrong. There was, in fact, someone behind bars for what he’d supposedly done during the subprime bubble. It was his 48-year-old son, Charlie.

On Valentine’s Day, the elder Mr. Engle said, his son had entered a minimum-security prison in Beaver, W.Va., to begin serving a 21-month sentence for mortgage fraud. He then proceeded to tell me the tale of how federal agents nabbed his son — a tale he backed up with reams of documents and records that suggest, if nothing else, that when the federal government is truly motivated, there is no mountain it won’t move to prosecute someone it wants to nail. And it was definitely motivated to nail Charlie Engle.

BofA was forced to buy Countrywide, and the recently settled to pay a nearly $17B fine.

The Feds would rather extort money out of BofA - it has far more cash than Angelo.

Exactly. Henry Paulson said Bernanke forced Lewis to buy Countrywide and then took it back. What a bunch of sleezebuckets.

 

[Toddsterpatriot]

Soo...where did the money go? If the banks bet wrong, there is another seller/buyer out there who took the other side of the bet.

.

The debts were too large to be paid, thus the Trillions through the back door versus the over a Thousand Trillion in Derivatives that were created in a matter of years..............The asset to bets of the Big 5 banks in this country are BS.

The banks come first with the Fed. The Fed is privately owned. Yellen is paid by interest on bonds, not by a salary from the government. She makes what cabinet members do, which is to throw people off to the private nature of the bank. Tim Geithner, as president of the NY Fed, made over 500 thousand dollars per year. He didn't pay his taxes but it didn't stop the Fed from installing him as a mole in Treasury to bail out Goldman Sachs and the foreign banks.

The Fed is privately owned.

No it isn't.

oh yes it is. 1982 was a busy year. The 9th Circuit ruled that a guy could not sue the government for Fed negligence because the Fed was not a part of the government: Court Rules Fed is Privately Owned

Courts say all sorts of stupid stuff. Doesn't mean they're right.
Try again?

It is right as the Supreme Court did not overrule. This is not municipal court, Einstein.

No, it's not right. The Fed is part of the government.

No, it is not. The government does not pay Yellen's salary.

How much did the Fed earn last year?
Where did the money go?
Break it down if you can.