Gov. says state will stop doing business with BofA

Discussion in 'Current Events' started by NOBama, Dec 8, 2008.

  1. NOBama
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    NOBama Senior Member

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    What a great idea.

    Too bad we couldn't take it step further and pull all our money out of banks that continue this to play this little game. The banks are basically holding the entire counrty hostage but, if you think about it, we (collectively) have much more power than they do.
     
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Um, banks giving credit to people and businesses that weren't credit worthy was the reason we got into this mess in the first place.
    If the business isn't credit worthy that's not the banks fault.

    If my credit was so bad I was being denied loans by B of A would you support me in getting them anyway?
     
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  3. WillowTree
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    WillowTree Diamond Member

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    Dosen't this just sound an awful lot like a Democrat threatening a bank with an action if said bank won't loan money to somebody they know cannot pay it back??? Don't Democrats in general deny that this happens????? Why yes, I think they do...:eusa_whistle:
     
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  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Bawney Fwank said it doesn't happen yet he was one of the Congressmen demanding it happen!
     
  5. Old Rocks
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    Willow, it is the Republicans that have had the power to correct the situation for the last eight years. If this economic debacle runs the full course, it will certainly be known as the Second Great Republican Depression.
     
  6. del
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    del BANNED

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    keep telling yourself that, because it's important.
     
  7. dilloduck
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    dilloduck Diamond Member

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    Not if the historians are republicans. :lol:
     
  8. WillowTree
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    what's that got to do with this Democrat Gov. threatening to cut business to the BOA unless they loan money to a company they know won't pay it back?? doyathink??
     
  9. Mad Scientist
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    Bullshit! Dems have had congress for the past two years and what have they done? Demand loans to people and businesses that can't pay it back that's what.
     
  10. NOBama
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    NOBama Senior Member

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    Okay, I should have been more specific.

    If you had decent credit, collateral, and the ability to repay and a bank wouldn’t lend to you. Then, yes, I would like to see that bank shut down.

    The article doesn’t present the best scenario but, the concept is intriguing.
     

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