Forum Shop Market
Seeds FAQ Tools
SEE OUR MARIJUANA SEED GUIDE FOR THE BEST STRAINS
Looking for Legal Marijuana look no further!
Go Back   Marijuana Growing > Cannabis Cafe > Politics


Reply
 
LinkBack Thread Tools Display Modes
  #1    
Old 03-23-2009, 03:38 PM
medicineman's Avatar
Marijuana EXPERT
Mr. Ganja
medicineman is offline
 
Join Date: Nov 2006
Location: North of mexico and south of Canada
Posts: 12,692
medicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond reputemedicineman has a reputation beyond repute
Points: 40,737, Level: 29 Points: 40,737, Level: 29 Points: 40,737, Level: 29
Activity: 22% Activity: 22% Activity: 22%
Default Toxic bank loan bailouts???
What the fuck is this. Say a bank makes a risky loan and it fails, multiply this by the hundreds of thousands, all because they could get high interest and jack the payment within a certain time period, (Called Thievery) and then, the bottom falls out and they go sniveling to congress and want the peoples money, the same people they just got through pulling a dripping dick out of, what the fuck is up with this???
__________________
Life is good, the water is sweet. The ground keeps moving beneath my feet.
Reply With Quote
  #2    
Old 03-23-2009, 05:01 PM
ViRedd's Avatar
Marijuana EXPERT
Mr. Ganja
ViRedd is offline
 
Join Date: Sep 2006
Location: Socialist Republic of Kalifornia
Posts: 12,116
ViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond reputeViRedd has a reputation beyond repute
Points: 44,792, Level: 30 Points: 44,792, Level: 30 Points: 44,792, Level: 30
Activity: 8% Activity: 8% Activity: 8%
Uhhhh ... are you forgetting that Congress is the very institution that was forcing banks to make sub-prime loans? And, they weren't getting "high interest" on these loans either. The Federal Reserve was setting artificially low interest rates under the direction of Greenspan. In fact, under Greenspan's direction, the FED lowered interest rates in 14 successive quarters. So here we have GOVERNMENT dictating to banks that they MUST loan to unqualified borrowers who hadn't a prayer of paying back the loans, and then another quasi-government agency, the FED, pumping phony paper money into the market making credit easy, and congress ... another GOVERNMENT agency riding high on all of the kick-backs from other quasi-government agencies ... Freddy MAC and Fannie Mae ... and the feeding frenzy was on.

Yep, it was all the fault of the real estate agents.

Vi
__________________
Liberals are people that will believe anything twice.
 

Tags
bailouts, bank, loan, toxic

Thread Tools
Display Modes

Thread

Thread Starter

Forum

Replies

Last Post

Seed Bank Review GREENSUNSHINE Seed and Strain Reviews 16 11-25-2009 11:18 AM
Gold and Economic Freedom ... ViRedd Politics 1 03-17-2009 06:21 AM
Toxic Waste Exposure Is the High Price Developing Countries Pay to Produce Our Medici Dankdude Politics 1 08-28-2007 05:52 PM
Iraqi bank security medicineman Politics 0 07-13-2007 06:07 PM
Ron Paul on the Income Tax ViRedd Politics 53 01-29-2007 07:34 PM

Posting Rules

You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Come Check out a new Poker Forum for the online poker community

All times are GMT -7. The time now is 01:03 PM.
Powered by vBulletin
Copyright © 2000-2009 Jelsoft Enterprises Limited.

Content Relevant URLs by vBSEO 3.3.2