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Topic Title: Bernie Sanders.
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Created On: 04/21/2017 06:54 AM
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 04/24/2017 06:34 AM
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crankit

Posts: 17493
Joined Forum: 07/30/2003

What caused the 08 meltdown was Dumbocrap pushed non-secured mortgages forced on the banks to make sure Leroy could have a house to trash!

2017-04-21-4553c75a_large.jpg



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Romans 8;18-32 John 3;16-18
 04/24/2017 06:41 AM
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SuperTeeBird

Posts: 2387
Joined Forum: 12/08/2016

I'm gonna send Leroy to visit you.

 04/24/2017 06:42 AM
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miker

Posts: 7813
Joined Forum: 04/05/2010

I am not sure it was open market killing us in 2008 as much as it was criminal lending practices and corrupt banks. A lot of people should have went to jail and instead, they got a free pass for the most part.

I mean you had banks purposefully pushing bad loans on people. Then repackaging failing/failed loans to make them appear as though they were something they were not. Home buyers, flippers, speculators and investors alike all got screwed by the banks.
 04/24/2017 06:52 AM
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Cole

Posts: 68418
Joined Forum: 07/22/2003

Originally posted by: miker

I am not sure it was open market killing us in 2008 as much as it was criminal lending practices and corrupt banks. A lot of people should have went to jail and instead, they got a free pass for the most part.



I mean you had banks purposefully pushing bad loans on people. Then repackaging failing/failed loans to make them appear as though they were something they were not. Home buyers, flippers, speculators and investors alike all got screwed by the banks.


You are right, I should have said lack of regulation enforcement and trump is taking us down the exact same road again.

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I was right.
 04/24/2017 06:57 AM
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crankit

Posts: 17493
Joined Forum: 07/30/2003

I'd be careful, living in the land of Bubba and BillyBob, leroy---no threat!



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Romans 8;18-32 John 3;16-18
 04/24/2017 07:14 AM
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SuperTeeBird

Posts: 2387
Joined Forum: 12/08/2016

Oh no! Terrifying!

 04/24/2017 09:25 AM
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theglide

Posts: 9422
Joined Forum: 08/06/2003

Now there you go agin' cranky!

It's the black people's fault.
FORUMS : National Enquirer (FORMERLY NSR) : Bernie Sanders.

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