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Dumb fucker musta converted to that fucked theology called islam......
Those idiots blame the "blue eyed white devil" as well.
Well Lula is 100% right . This entire global economic meltdown was caused by greedy White Blue eyed males. How many blacks and hispanics, are in the decision maker position at these Banks, and Wall street
firms.?., none!.The White Blue eyed, males and females are responsible for the Global economic meltdown.!!$$$!!
Traditional Islam and the Nation of Islam are two mostly distinct religious groups, each with its own rites, rituals, beliefs, and teachings. Traditional Islam doesn't make unnecessary racial distinctions.Dumb fucker musta converted to that fucked theology called islam......
Those idiots blame the "blue eyed white devil" as well.
Dumb fucker musta converted to that fucked theology called islam......
Those idiots blame the "blue eyed white devil" as well.
Ah yes, the White blond haired Blue Eyed demonic ,greedy Wall street money grabber.
They are the ones that thought this whole sub-prime mortgage crap up.They are the ones responsible.!
The Muslims were right all along.!! The Blue eyed Devil is reponsible for all our economic problems in the World today.!!!$$$
Funny you bring up Katrina and looting...the news items about looters were for the most part replayed to the point that it seemed like more looters than it was. After Hurricane Andrew there were a lot of white looters, so you can't make a case that one group is more self-serving than another.Dumb fucker musta converted to that fucked theology called islam......
Those idiots blame the "blue eyed white devil" as well.
Ah yes, the White blond haired Blue Eyed demonic ,greedy Wall street money grabber.
They are the ones that thought this whole sub-prime mortgage crap up.They are the ones responsible.!
The Muslims were right all along.!! The Blue eyed Devil is reponsible for all our economic problems in the World today.!!!$$$
The only difference between those white men on wall street and your black buddies in the hood are your black buddies will rob people in a violent manner, with a beat down or at gun point. Please explain to all of us why we should believe that black people would have behaved any differently if they had been in their shoes? When black people had the opportunity to steal during the LA riots, did they take the high road and act in a morally righteous way, or did they loot everything they could? How about after hurricane Katrina?
What is the track record of black greed when the opportunity arises? Let me answer that....its fucking horrendous and totally out of control. You have nerve pointing the finger at white people, because if we are going to go there, black people are responsible for terrible crimes and its rampant in their neighborhoods. Its like listening to a mass murderer in prison lecture a priest about being a good person.
Ill take a Madoff over a Mugabe any day.
Dumb fucker musta converted to that fucked theology called islam......
Those idiots blame the "blue eyed white devil" as well.
Ah yes, the White blond haired Blue Eyed demonic ,greedy Wall street money grabber.
They are the ones that thought this whole sub-prime mortgage crap up.They are the ones responsible.!
The Muslims were right all along.!! The Blue eyed Devil is reponsible for all our economic problems in the World today.!!!$$$
The only difference between those white men on wall street and your black buddies in the hood are your black buddies will rob people in a violent manner, with a beat down or at gun point. Please explain to all of us why we should believe that black people would have behaved any differently if they had been in their shoes? When black people had the opportunity to steal during the LA riots, did they take the high road and act in a morally righteous way, or did they loot everything they could? How about after hurricane Katrina?
What is the track record of black greed when the opportunity arises? Let me answer that....its fucking horrendous and totally out of control. You have nerve pointing the finger at white people, because if we are going to go there, black people are responsible for terrible crimes and its rampant in their neighborhoods. Its like listening to a mass murderer in prison lecture a priest about being a good person.
Ill take a Madoff over a Mugabe any day.
For you to equate Katrina, and L.A. riot looters, to Wall Street executives that have stole damn near 2 to 3 or even 4 trillion dollars, or maybe even more than that low estimate, is absurd. These White boys have brought the world to a Global economic catastrophe.
Are you that racist, and ignorant!? that you can not , or refuse to see the difference in booth crimes, and the gravity when you compare What the White Wall Street White boys stole?$$!!, and what looters stole. Listen, you must really be one blind closed mind racist White male if you can't see the difference.!
There is no comparison to What those Wall Street White men did.
For you to equate Katrina, and L.A. riot looters, to Wall Street executives that have stole damn near 2 to 3 or even 4 trillion dollars, or maybe even more than that low estimate, is absurd. These White boys have brought the world to a Global economic catastrophe.
You think the financial crisis is because some white executives stole 2-4 trillion dollars? Do you even read the news? First off, executives stealing money has nothing to do with the financial crisis, because that was caused by the housing market collapsing, and secondly, no one stole that much money. Madoff is responsible for the lions share of stolen money, and even that is only 50 billion dollars, which is a far cry from 2-4 trillion dollars. You wont even find a news story that implies 1 trillion was stolen, let alone 4. You are dumb.
Are you that racist, and ignorant!? that you can not , or refuse to see the difference in booth crimes, and the gravity when you compare What the White Wall Street White boys stole?$$!!, and what looters stole. Listen, you must really be one blind closed mind racist White male if you can't see the difference.!
Black people in the LA riots didnt just steal luxuries, they stole people lives. A total of 53 people were killed and 1 billion in property damage was caused by black people. They stole, raped, assaulted, murdered, committed arson, and many of the crimes were driven by racism, making them racist rioters. The list goes on and on.
There is no comparison to What those Wall Street White men did.
I couldnt have said it better myself.
For you to equate Katrina, and L.A. riot looters, to Wall Street executives that have stole damn near 2 to 3 or even 4 trillion dollars, or maybe even more than that low estimate, is absurd. These White boys have brought the world to a Global economic catastrophe.
You think the financial crisis is because some white executives stole 2-4 trillion dollars? Do you even read the news? First off, executives stealing money has nothing to do with the financial crisis, because that was caused by the housing market collapsing, and secondly, no one stole that much money. Madoff is responsible for the lions share of stolen money, and even that is only 50 billion dollars, which is a far cry from 2-4 trillion dollars. You wont even find a news story that implies 1 trillion was stolen, let alone 4. You are dumb.
Black people in the LA riots didnt just steal luxuries, they stole people lives. A total of 53 people were killed and 1 billion in property damage was caused by black people. They stole, raped, assaulted, murdered, committed arson, and many of the crimes were driven by racism, making them racist rioters. The list goes on and on.
There is no comparison to What those Wall Street White men did.
I couldnt have said it better myself.
What about the millions of lives ruined by these Wall streeters, the people who can not buy homes or send their children to College. You are talking about 53 three people being killed, what about the millions who can not even attend college now. The White Boy Wall Streeter's crime is of greater magnitude.!!$$$
An, er, "interesting" take on the global financial crisis.
Theoretically true... Practically, over-fucking-simplified bullshit. What a little dumb dependency theorist do we have here... Lula... You know, I AM getting sick of this Marxist
All you white sucka But Homo lesbians are to Blaime for the Global Economic meltdown.
As I said , there were no Black males or females or Hispanic males or females in the upper
escholon of many of these Insurance , Brokerage , and Banking institutions. This Wall street, and Global collasp is caused by White male and White females. This is not oversimplified Bullshit , it is just the cold hard facts, that many of you white Homo's and lesbos just don't want to accept and swallow.!!.Its all you white peoples fault, and the entire Black and hispanic and Brown world has to suffer.!
1. Thanks to Jimmy Carter and the Democrats, the Community Reinvestment Act (CRA) was passed, laying the groundwork for the feds to pressure banks to make risky loans to low-income people. Only a few of the bad home loans were from CRA-covered institutions, but CRA itself paved the way for the destructive federal pressure on banks that came later. BLAME: Democrats.
2. Republicans made things a lot worse by making it possible for bad home loans to cause a wider range of damage than they could cause otherwise, by pushing for the repeal of the Glass-Steagall Act. A very bad move. Most Democrats went along, but many expressed reservations in doing so. The repeal bill passed with a veto-proof majority, so Clinton signed it. The bill was largely the fault of the Republicans. They're the ones who pushed for it. BLAME: Republicans.
3. Under Bill Clinton, federal bureaucrats began to exert pressure on banks to make home loans to low-income people. It got to the point where banks could be penalized for not making enough home loans to low-income people. Had it not been for this pressure, very few high-risk loans to low-income folks would have been made, and we would not be in the mess we're in today. BLAME: Democrats.
4. Under Bush and Congressional Republicans, this disastrous policy continued, partly because GOP lawmakers wanted to help low-income Hispanics own homes. BLAME: Republicans.
5. But, to their credit, Bush and Congressional Republicans realized the disaster that was in the making at Freddie and Fannie, and repeatedly tried to impose tough oversight on those institutions. The Democrats blocked them every single time, claiming the GOP was just trying to keep minorities from owning homes. Although Freddie and Fannie don't make loans themselves, they do make it possible, through loan security and other means, for other institutions to make loans, and many/most of those loans were made to low-income people. So if tougher regulations had been imposed on Freddie and Fannie, the making of high-risk loans to low-income people, many of them minorities, would have been substantially curtailed, which was why the Democrats screamed "racism." BLAME: Democrats.
6. Freddie and Fannie used those bad home loans for mortgage-backed securities, and several huge private firms used them for default credit swaps (e.g., AIG). The Republicans failed to ensure that the default credit swaps were regulated. They had tried to do something about Freddie and Fannie bundling bad home loans for mortgage-backed securities, but they did nothing about the disastrous default credit swaps. Furthermore, Bush didn't make a big enough issue out of the need to reform Freddie and Fannie. He exerted a modest effort, but a full-court press was warranted. BLAME: Freddie and Fannie, Private Financial Giants, Consumers Who Bought Homes They Couldn't Afford.
7. When those high-risk home loans began to go into default, all the investments that were based on them lost most of their value, costing our economy trillions of dollars.
That's it. That's exactly what happened. If you can't admit this, then you are blinded by partisan politics and/or ideology.
So, who was to blame? All factors considered, Id put 50% of the blame on the Democrats, 30% of the blame on the Repoublicans, and 20% of the blame on greedy, dishonest private financial firms and greedy and/or thoughtless consumers who bought homes they couldnt afford.
Sources for Further Reading:
The Real Culprits in This Meltdown
Investor's Business Daily
http://www.ibdeditorial.com/IBDArtic...06370789279709
Yes, the CRA Really Did Help Cause the Housing Crisis
http://www.usnews.com/blogs/capital-...ng-crisis.html
Would the Last Honest Reporter Please Turn on the Lights?
Orson Scott Card, an author of several popular novels and a lifelong Democrat
Meridian Magazine:: Ideas and Society: Would the Last Honest Reporter Please Turn On the Lights?
Let the Inquisition Start with Frank
Investor's Business Daily
http://www.ibdeditorial.com/IBDArtic...21237362312361
The Culprit is All of Us
Barron's
http://online.barrons.com/article_em...zkwNjc1Wj.html
2003 New York Times article on Bush administration effort to impose sweeping new oversight on Freddie and Fannie and the fact that Congressional Democrats opposed the plan
http://www.nytimes.com/2003/09/11/bu...annie-mae.html
Blame Fannie Mae and Congress for the Credit Mess
Wall Stree Journal
http://online.wsj.com/article/SB1222...googlenews_wsj
Some YouTube links:
[ame=http://www.youtube.com/watch?v=_MGT_cSi7Rs]YouTube - Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis[/ame]
[ame=http://www.youtube.com/watch?v=63siCHvuGFg]YouTube - McCain's Early Recognition of Fannie/Freddie Crisis[/ame]
[ame=http://www.youtube.com/watch?v=hN31-nKndg8]YouTube - Democrats Caught Defending Freddie, Fannie[/ame]
You think the financial crisis is because some white executives stole 2-4 trillion dollars? Do you even read the news? First off, executives stealing money has nothing to do with the financial crisis, because that was caused by the housing market collapsing, and secondly, no one stole that much money. Madoff is responsible for the lions share of stolen money, and even that is only 50 billion dollars, which is a far cry from 2-4 trillion dollars. You wont even find a news story that implies 1 trillion was stolen, let alone 4. You are dumb.
Black people in the LA riots didnt just steal luxuries, they stole people lives. A total of 53 people were killed and 1 billion in property damage was caused by black people. They stole, raped, assaulted, murdered, committed arson, and many of the crimes were driven by racism, making them racist rioters. The list goes on and on.
I couldnt have said it better myself.
What about the millions of lives ruined by these Wall streeters, the people who can not buy homes or send their children to College. You are talking about 53 three people being killed, what about the millions who can not even attend college now. The White Boy Wall Streeter's crime is of greater magnitude.!!$$$
The "wall streeters" had nothing to do with people taking loans they couldnt afford. The people ruined themselves, because no one was forced into anything. As usual, your attempt to blame "whitey" for everything has failed. White people are doing just fine, thank you very much.
By the way, how are things going in YOUR community? Is everyone peaceful and loving in your black neighborhood as usual? It must be wonderful to live in non-white areas where you never have to worry about crime, or evil acts in general.
I saw a documentary on this subject.
These men that resold those Sub-Prime mortgage securities , were all White males. I saw a
documentary on this subject. The men that designed, and packaged Sub Prime mortgage
securites, were all White!!
Hey, you never answered my question. Do you think the Wall Street scum were scum because of some inherent racial trait?What about the millions of lives ruined by these Wall streeters, the people who can not buy homes or send their children to College. You are talking about 53 three people being killed, what about the millions who can not even attend college now. The White Boy Wall Streeter's crime is of greater magnitude.!!$$$
The "wall streeters" had nothing to do with people taking loans they couldnt afford. The people ruined themselves, because no one was forced into anything. As usual, your attempt to blame "whitey" for everything has failed. White people are doing just fine, thank you very much.
By the way, how are things going in YOUR community? Is everyone peaceful and loving in your black neighborhood as usual? It must be wonderful to live in non-white areas where you never have to worry about crime, or evil acts in general.
I tell you Good old WhiteBoy , The White male is the perpertrator of this Global financial economic collaspe. Don't try to blaime innocent Blacks , or other low income minorities.
These men that resold those Sub-Prime mortgage securities , were all White males. I saw a
documentary on this subject. The men that designed, and packaged Sub Prime mortgage
securites, were all White!!, and one of them said, I knew that they were all worthless, but his manager told him to keep selling them , because they were making billions of dollars!!.
So don't tell me White men had nothing to do with this Economic mess, when they are the one that orchestrated the entire economic catastrophe that we now find our selves in.!!$$!
These men that resold those Sub-Prime mortgage securities , were all White males. I saw a
documentary on this subject. The men that designed, and packaged Sub Prime mortgage
securites, were all White!!
Since all the people who are committing genocide in Africa are black, does that make black people the most evil race on the planet? I mean white people are only responsible for some financial stuff, which isnt nanywhere near as bad as mass murdering people.
If its ok for you to label white people as greedy because the people who gave out the loans happened to be white, then it should be ok for me to label all black people as murderers, since all the people committing genocide in Africa are black.
Ill take a financial crisis any day, rather than millions of deaths.
These men that resold those Sub-Prime mortgage securities , were all White males. I saw a
documentary on this subject. The men that designed, and packaged Sub Prime mortgage
securites, were all White!!
Since all the people who are committing genocide in Africa are black, does that make black people the most evil race on the planet? I mean white people are only responsible for some financial stuff, which isnt nanywhere near as bad as mass murdering people.
If its ok for you to label white people as greedy because the people who gave out the loans happened to be white, then it should be ok for me to label all black people as murderers, since all the people committing genocide in Africa are black.
Ill take a financial crisis any day, rather than millions of deaths.
With regards to genocide in Africa, I will agree with you on that one, there are some evil
Black leaders in Africa. But you must realize, the White European colonialism had its impact on these black nations.
