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"The power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them....To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then, when it becomes necessary again, to draw it back from oblivion for just as long as it is needed, to deny the existence of objective reality and all the while to take account of the reality which one denies all this is indispensably necessary. Even in using the word doublethink it is necessary to exercise doublethink. For by using the word one admits that one is tampering with reality; by a fresh act of doublethink one erases this knowledge; and so on indefinitely, with the lie always one leap ahead of the truth."You mean like Barney Frank?It doesn't matter. This is the party that holds themselves up as the party of personal responsibility. Instead they take out a loan they "know" they can't repay, default, and cost the taxpayers $100,000 to remove the now dangerous building.
You'd be calling for the heads of any mortgagee that got underwater and had to default and you know it.
This idiot should be run out of town on a rail and never be allowed to make decisions on taxpayer money.
Some of the things liberals say are just stunning how they have absolutely no ability to recognize their own hypocrisy. The hypocrisy is just so flagrant at times I think it has to be in jest, but it isn't.
It doesn't matter. This is the party that holds themselves up as the party of personal responsibility. Instead they take out a loan they "know" they can't repay, default, and cost the taxpayers $100,000 to remove the now dangerous building.
You'd be calling for the heads of any mortgagee that got underwater and had to default and you know it.
This idiot should be run out of town on a rail and never be allowed to make decisions on taxpayer money.
That's like saying that because Barney likes to take it a certain way sexually, all Democrats must like to take it that way too. Absurd comparison. You make a point and connect dots that aren't there. Do the Trolls here do Birthday Parties?
I'm not the one defending this guy. That would be your side.
banks should not hand out that amount of money to llc's in the founding phase.
the failed entrepreneur should however shut the fuck up about fiscal responsibility.
Ah....deflection.
And yet, you're too stupid to know how to click the Quote button. Why is it you think you're intelligent?Ah....deflection.
They dont even know theyre doing it, their ability to engage in meaningful debate has atrophied.
Note also the compulsory circling of the wagons. Its practically Pavlovian.
Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan | TPMMuckraker
And in today's "I shit you not" news,
Tea Party aligned Georgia Rep. Tom Graves (R), who castigates Washington for fiscal irresponsibility, reached an out of court settlement Wednesday after he was sued for defaulting on a $2.2 million loan -- which his attorney argued is the bank's fault for lending him the money in the first place.
Graves and his business partner Chip Rogers -- who is the state Senate's Republican majority leader -- took out a $2.2 million loan from the Bartow County Bank in 2007 to buy and renovate a local motel. The project soon went belly-up.
The bank, which has since failed and had its assets taken over, sued Graves and Rogers for defaulting. The two Republicans then countersued, "accusing [the bank] of improperly declaring the loan in default after reneging on a promise to refinance it at more favorable terms," according to Jeremy Redmon and Aaron Gould Sheinin of the Atlanta Journal-Constitution .
I foresee Steve Buscemi in the role of Graves.
Merged
The bank sued, alleging the two defaulted on the loan. The politicians filed counterclaims against the bank, accusing it of improperly declaring the loan in default after reneging on a promise to refinance it at more favorable terms. Both parties dismissed their claims Wednesday, a day before they were scheduled to attend a hearing on the case in Calhoun.
Ah....deflection.
They dont even know theyre doing it, their ability to engage in meaningful debate has atrophied.
Note also the compulsory circling of the wagons. Its practically Pavlovian.
Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan | TPMMuckraker
And in today's "I shit you not" news,
I foresee Steve Buscemi in the role of Graves.
Thanks for demonstrating how little you know about doing business in the real world. I'll make it simple for you. The purpose of forming a Limited Liability Company is to have limited liability, primarily in the case of default because you know you don't have the personal assets needed to collateralize a secured loan. If a bank completes its due dilligence and decides to issue a business loan to a LLC knowing full well the loan can't and isn't expected to be secured by the borrower's personal assets, the bank can't now go back in time and secure the loan with make believe collateral who's nonexistence was the whole point of taking out the loan in the first place.
It doesn't matter. This is the party that holds themselves up as the party of personal responsibility. Instead they take out a loan they "know" they can't repay, default, and cost the taxpayers $100,000 to remove the now dangerous building.
You'd be calling for the heads of any mortgagee that got underwater and had to default and you know it.
This idiot should be run out of town on a rail and never be allowed to make decisions on taxpayer money.
Y'know, your ignorance of basic business law is really no one's fault but your own.The twisting here by the rightwingloons is pretty amusing.
Sounds like he should be running Social Security
Sounds like he should be running Social Security
Where were you when dope smoking, boozing George Bush was Giving it to America? We are in the mess noe because of the Bush mess. He pissed away every dime pres. Clinton shored up, then proceeded to give tax cuts to the rich and start , not one, but two wars. And to date none of this crap has ever been paid for.Then old georgey porgey slips out of town with that famous dumb look on his face. This is when republicans contract selective amnesia. Now that there is a Democrat in the white house...Hey put it on that guy!!
Tea Party Rep: Bank Should Have Known I Wouldn't Be Able To Repay $2.2 Million Loan | TPMMuckraker
And in today's "I shit you not" news,
Tea Party aligned Georgia Rep. Tom Graves (R), who castigates Washington for fiscal irresponsibility, reached an out of court settlement Wednesday after he was sued for defaulting on a $2.2 million loan -- which his attorney argued is the bank's fault for lending him the money in the first place.
Graves and his business partner Chip Rogers -- who is the state Senate's Republican majority leader -- took out a $2.2 million loan from the Bartow County Bank in 2007 to buy and renovate a local motel. The project soon went belly-up.
The bank, which has since failed and had its assets taken over, sued Graves and Rogers for defaulting. The two Republicans then countersued, "accusing [the bank] of improperly declaring the loan in default after reneging on a promise to refinance it at more favorable terms," according to Jeremy Redmon and Aaron Gould Sheinin of the Atlanta Journal-Constitution .
I foresee Steve Buscemi in the role of Graves.
Merged
Sounds like he should be running Social Security
I get it, you are another that thinks it's just fine to default on a loan and leave a derelict building that the taxpayer's must now pay to remove, if the people in question are Republicans.Y'know, your ignorance of basic business law is really no one's fault but your own.The twisting here by the rightwingloons is pretty amusing.
No, you don't.I get it...Y'know, your ignorance of basic business law is really no one's fault but your own.The twisting here by the rightwingloons is pretty amusing.
...you are another that thinks it's just fine to default on a loan and leave a derelict building that the taxpayer's must now pay to remove, if the people in question are Republicans.
No, you don't.I get it...Y'know, your ignorance of basic business law is really no one's fault but your own.
...you are another that thinks it's just fine to default on a loan and leave a derelict building that the taxpayer's must now pay to remove, if the people in question are Republicans.
Can you point to any law that was broken? NOTE: "Conducting business while conservative" isn't illegal.