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#1
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![]() Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 ![]() |
Since i don't see a topic for this. What do you all think of the bailouts going on right now?
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#2
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![]() Oh baby bring me down ![]() Group: Agents Posts: 4,115 Joined: 23-February 06 From: Way out yonder Member No.: 68 ![]() |
I actually just watched that video and was gonna post it. Pretty much on, except Clinton modifying the prerequisites for a subprime loan, Bush letting some lenders lend out 40x their capital and the greed of loan agents who abused a faulty credit rating system where debt can be disguised.
On the bell curve of wealth, we got fucked. -------------------- Southern Rock, beer and bears!
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#3
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![]() Group: Admin Posts: 3,402 Joined: 23-February 06 From: PDX/TXL Member No.: 35 ![]() |
I actually just watched that video and was gonna post it. Pretty much on, except Clinton modifying the prerequisites for a subprime loan, Bush letting some lenders lend out 40x their capital and the greed of loan agents who abused a faulty credit rating system where debt can be disguised. On the bell curve of wealth, we got fucked. Plus it goes back further than Clinton, it goes into the 1970's when "affordable housing" was first used as a platform issue. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Lo-Fi Version | Time is now: 19th September 2025 - 04:18 AM |