Fornits Home for Wayward Web Fora An open discussion about the troubled parent industry
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can be deceived into handing over their children and lots of their money to complete strangers
Yeah right, the 'evil industry' taking advantage of poor ignorant parents. That's the biggest myth in this industry right there.
I would tend to agree... fucked-up parents just wanna pass the buck,,
The success of this evil industry is built on the premise that desperate parents -- even well-educated ones -- can be deceived into handing over their children and lots of their money to complete strangers who have few credentials in any field other than Sales & Marketing. All it takes is the false promise of good things like "school" and "therapy" and the testimonial support of a few shrinks, social workers, brainwashed kids, brainwashed parents and clueless pinheads on national TV that sing the praises. Like P.T. Barnum said, "there's a sucker born every minute." But that doesn't make it right to take advantage of him -- or worse, to take advantage of his kid.
Please read...this includes everyone.ok...I'm anti program...but that doesn't matter right now.I have been away from fornits for the most part for almost a year.My background...post program...is in Economics. We are currently fucked...most of us.Stop reading fornits...stop watching mainstream television...start looking at what is happening with the housing meltdown and the sub-prime lender meltdown that is currently snowballing at an alarming rate.I could direct you to all kinds of economic literature that would show the seriousness of what has been discussed for the past few years during the global "Housing Bubble"...but if you would rather read about it in entertaining...albeit alarming...way...then go to http://housingpanic.blogspot.com Read all you want. You will then understand as the blogger is very educated in the topic on what he speaks...he cashed out at the peak in Phoenix and is now renting in London and travelling around the world studying it.It is not a lib vs dem thing...and has jack shit to do with programs.Right now the shit is hitting the fan and with the equity/speculative asset market bubble that we have created the "crash" will make the great depression look like a walk in the park.It is nothing new...it is a cycle...nothing can be done...it has happened throughout time...all booms eventually bust.I wish you all well...survivors, programmies and trolls alike.Time to stop arguing about programs...the parents that have their kids there will most likely end up going bankrupt due to their exotic mortgage that they got or the cash out refinancing where people thought there house was little more than an ATM.Study...learn how to prepare for an economic depression...and you will be better off in the long run.
Quote from: "Guest"Please read...this includes everyone.ok...I'm anti program...but that doesn't matter right now.I have been away from fornits for the most part for almost a year.My background...post program...is in Economics. We are currently fucked...most of us.Stop reading fornits...stop watching mainstream television...start looking at what is happening with the housing meltdown and the sub-prime lender meltdown that is currently snowballing at an alarming rate.I could direct you to all kinds of economic literature that would show the seriousness of what has been discussed for the past few years during the global "Housing Bubble"...but if you would rather read about it in entertaining...albeit alarming...way...then go to http://housingpanic.blogspot.com Read all you want. You will then understand as the blogger is very educated in the topic on what he speaks...he cashed out at the peak in Phoenix and is now renting in London and travelling around the world studying it.It is not a lib vs dem thing...and has jack shit to do with programs.Right now the shit is hitting the fan and with the equity/speculative asset market bubble that we have created the "crash" will make the great depression look like a walk in the park.It is nothing new...it is a cycle...nothing can be done...it has happened throughout time...all booms eventually bust.I wish you all well...survivors, programmies and trolls alike.Time to stop arguing about programs...the parents that have their kids there will most likely end up going bankrupt due to their exotic mortgage that they got or the cash out refinancing where people thought there house was little more than an ATM.Study...learn how to prepare for an economic depression...and you will be better off in the long run.Ya know. When I first read this in Feb 07, I thought it was an alarmist posting by a paranoid anon nut. LOL. Oh Irony. Props for the accurate prediction, though.
Quote from: "psy"Quote from: "Guest"Please read...this includes everyone.ok...I'm anti program...but that doesn't matter right now.I have been away from fornits for the most part for almost a year.My background...post program...is in Economics. We are currently fucked...most of us.Stop reading fornits...stop watching mainstream television...start looking at what is happening with the housing meltdown and the sub-prime lender meltdown that is currently snowballing at an alarming rate.I could direct you to all kinds of economic literature that would show the seriousness of what has been discussed for the past few years during the global "Housing Bubble"...but if you would rather read about it in entertaining...albeit alarming...way...then go to http://housingpanic.blogspot.com Read all you want. You will then understand as the blogger is very educated in the topic on what he speaks...he cashed out at the peak in Phoenix and is now renting in London and travelling around the world studying it.It is not a lib vs dem thing...and has jack shit to do with programs.Right now the shit is hitting the fan and with the equity/speculative asset market bubble that we have created the "crash" will make the great depression look like a walk in the park.It is nothing new...it is a cycle...nothing can be done...it has happened throughout time...all booms eventually bust.I wish you all well...survivors, programmies and trolls alike.Time to stop arguing about programs...the parents that have their kids there will most likely end up going bankrupt due to their exotic mortgage that they got or the cash out refinancing where people thought there house was little more than an ATM.Study...learn how to prepare for an economic depression...and you will be better off in the long run.Ya know. When I first read this in Feb 07, I thought it was an alarmist posting by a paranoid anon nut. LOL. Oh Irony. Props for the accurate prediction, though.It was inevitable. Corruption allowed subprime loans to be considered a reiable enough of an investment to be sold on wall street. Now the shit is hitting the fan, but the last thing we want is to bail out the banking industry for being greedy. It is the only way we'll see real regulation over these companites to sell loans to people that can't afford them. The wealthy know they can hold out their investment $ longer than the little gut and they are using this as a hostage situation, putting the more numerous small investors and homeowners in a position where, if they don't push for the bailout, they will be broke and/or foreclosed on. But it is really just a 'now or later' situation. Do you notice how there are so many more commercials, from energy companies, promoting alternative energy? That's because those energy companies, mostly oil, are putting some 'stock' in that Barrack and the dems will win. In short, passing the bail out is just going maintain the pattern of corruption on wall street and in congress. If we DON'T bail out wall street, America and it's working class will have to re-invest themselves in something tangeable and real. Investing in alternative energies could create millions of jobs with the right government plan. So NO BAILOUT! OBAMA! (like there's really a choice anyways. McCAin is a goner.) Hunker down, but it won't last forever. There's ton's of innovation in America that has been supressed by industry and politics that will be allowed into the marketplace once the money moving business (debt, credit industry) has now more room to grow.