Author Topic: WARNING....HEADS UP!!! A WAKE UP CALL FOR ALL FORNIT READERS (Read 7562 times)

TheWho · « **Reply #30 on:** September 30, 2008, 09:18:55 AM »

Excellent foresight you had!! I think we all remember Barney Frank standing up and calling the Banking industry racists for not lending enough money to minorities and forcing congress to strong arm these banks to make questionable loans (subprime loans) and lower their standards so more people could experience the American dream…… where are these democrats now? They are trying to force the bill down the throats of the middle class and unfortunately they will succeed. Once again the Dems are trying to turn America into a socialist republic and have them start purchasing real-estate and owning our mortgages. Look what they did to social security! The government cant even effectively manage the voting system let alone our retirement and now they are getting their hands on our homes and land? Someday the people will wake up…….. watch the democrats will repackage the “bailout” and give it a prettier name (like the republicans do) like maybe “Recovery” package. Then everyone will feel warm and fuzzy again and sign the bill into law. Our new mortgage holder will be Obama!!

Aside from that this is one of the greatest weeks for opportunity to make the rich “Super Rich” (and push the middle class further down) there are so many bargains on wall street people are getting giddy trying to decide where to invest first. While the middle class is scrambling to save their 401ks and homes and congress takes a vacation the rich are going to gobble up a bigger share of wall street.

...

Anonymous · « **Reply #31 on:** October 01, 2008, 02:03:33 AM »

I was not the original poster BTW.
Well Who, there is something more to all this. For the last twenty years the banking industry has invested in "real estate investment" seminars that trained the bottom level no capital investor to search out and buy out distressed property owners with the "No money down" method. This means you buy a property "subject to" the existing financing, whereby the buyer will assume the existing loan. There is more to the process, but the fact of the matter here is that these lending companies had come up with a way to stretch these bad assets twenty years beyond the point where they should have crashed by teaching the public to be predators in their own neighborhoods. These seminars exhibited many characteristics of LGAT's and intended to recruit attendees to work on their behalf. The worst part is IT WAS EFFECTIVE! The banks would have absorbed all the inventory from this flood of foreclosures 20 yrs ago if they hadn't created a loophole for cashless investors to be able to turn foreclosures into a money machine for them. Before now the 2 most important words in real estate were "Subject to", now its "got cash?"
And it's the Republicans who are to blame for herding the middle and lower class into this position where they need to vote for this bailout to survive. If anyone is to blame for America's entering into socialist territory it is the republicans, for dictating rules and then teaching people to profit by breaking them.

Froderik · « **Reply #32 on:** October 01, 2008, 10:55:23 AM »

Does it seem at all odd to anyone that this bullshit happened right before the election?

CCM girl 1989 · « **Reply #33 on:** October 01, 2008, 11:55:15 AM »

I just returned from Nashville last night, and was finally able to watch the debate. I cannot tell you how frustrating it was for me to watch Obama, or should I say listen to Obama! It scares the hell out of me that we are going to possibly make this guy our next president. Are you kidding me?

This guy is just going to make everything worse. He has no idea what the hell he is doing. I've never seen anyone give such long responses to the questions that are asked of them, and still give no real clear answer. It is so frustrating, and completely annoying, I HAD to turn it off.

I'm not for the current bailout. Not the way it is currently being proposed. Let the chips fall where they may I say. There is a lesson to be learned. How can we really learn this lesson, if we are not made to feel it?

I don't mind things being tight for a while. If anything, it might encourage people to become more educated, and interested in how things really work. I don't know, it's just a thought.

Che Gookin · « **Reply #34 on:** October 01, 2008, 06:07:25 PM »

I personally refuse to vote for either of the political hacks. Neither Obama or McCain have what it takes to be a decent president. But then I felt the same way about Slick Willy and in the end he did ok.

I'd love to see legislation putting some sort of controls on the amount of money spent on campaigns. How many schools could have been built with the money these two motards have shat down the toilet so far?

Anonymous · « **Reply #35 on:** October 02, 2008, 11:15:59 AM »

Quote from: "CCM girl 1989"

. Are you kidding me? This guy is just going to make everything worse. He has no idea what the hell he is doing. I've never seen anyone give such long responses to the questions that are asked of them, and still give no real clear answer. It is so frustrating, and completely annoying, I HAD to turn it off.

Whereas McCain just avoids it alltogether and we won't even TALK about Palin. Holy christ, what a fucking moron she is and it's REALLY scary because McCain's health is so questionable.

Quote

I'm not for the current bailout. Not the way it is currently being proposed.

Me neither

Quote

How can we really learn this lesson, if we are not made to feel it?

Hmmmm. Where have I heard things like this before? Where oh where?

Guest · « **Reply #36 on:** October 02, 2008, 01:38:24 PM »

Quote from: "It figures"

Holy christ, what a fucking moron she is

Quote from: "It figures"

Hmmmm. Where have I heard things like this before? Where oh where?

You heard people saying things like "what a fucking moron she is" in various programs, with which your soul is one. You can disagree with someone politically without calling them names, you know. But then, how would you get that special emotional thrill? Lemee guess your particular connection to programs ..(eyeroll)

Anonymous · « **Reply #37 on:** October 02, 2008, 01:46:40 PM »

Hopefully the slagging economy will take a few programs down with it. Maybe parents will be forced to return to a more traditional community based treatment in which insurance is vital, hence obvious oversight of their (sometimes stupid) decisions.

Anonymous · « **Reply #38 on:** October 02, 2008, 01:48:53 PM »

Quote from: "fornitser"

Quote from: "It figures"

Holy christ, what a fucking moron she is

Quote from: "It figures"
Hmmmm. Where have I heard things like this before? Where oh where?

You heard people saying things like "what a fucking moron she is" in various programs, with which your soul is one. You can disagree with someone politically without calling them names, you know. But then, how would you get that special emotional thrill?

Sorry, when it comes to Palin that particular descriptive is necessary. The woman is a flaming idiot and a breath away from running the frigging country. Scary stuff.

Quote

Lemee guess your particular connection to programs ..(eyeroll)

Your point?

Guest · « **Reply #39 on:** October 02, 2008, 01:52:10 PM »

What they should do is give everyone in America who makes under a million a year one million dollars.

That expenditure would be considerably less than the proposed bailout.

A million dollars would enable the working middle class to afford their loans. The "economy would be stimulated"(the excuse for this bailout) and you wouldn't be lining the pockets of the greedy yacht owners who brought this crisis into being.

Obama should propose that the 700 billion be given directly to the citizenry, devided amongst us. he'd win handily. In would usher a Pax Americana.

I’m a genius!!!!!

Guest · « **Reply #40 on:** October 02, 2008, 01:55:08 PM »

Quote from: "naio"

Quote from: "fornitser"
Quote from: "It figures"

Holy christ, what a fucking moron she is

Quote from: "It figures"
Hmmmm. Where have I heard things like this before? Where oh where?

You heard people saying things like "what a fucking moron she is" in various programs, with which your soul is one. You can disagree with someone politically without calling them names, you know. But then, how would you get that special emotional thrill?

Sorry, when it comes to Palin that particular descriptive is necessary. The woman is a flaming idiot and a breath away from running the frigging country. Scary stuff.

Quote
Lemee guess your particular connection to programs ..(eyeroll)

Your point?

Oops, I misread something you wrote. Yep. Palin is a moron

Anonymous · « **Reply #41 on:** October 02, 2008, 02:04:57 PM »

Tina Fey as Sarah Palin comparison with the real deal. SNL barely had to change what the actual Palin said. In fact, some of it they didn't have to change at all.

http://www.youtube.com/watch?v=PN8IJc-o ... re=related

http://www.youtube.com/watch?v=r36Xc0GG4iQ

http://www.youtube.com/watch?v=yqdfzi1Ega0

Froderik · « **Reply #42 on:** October 02, 2008, 02:43:36 PM »

Palin is VPILF. :jerry:

Anonymous · « **Reply #43 on:** October 02, 2008, 02:44:54 PM »

Do you vote according to what your dick tells you?

Froderik · « **Reply #44 on:** October 02, 2008, 02:58:16 PM »

Yes, the little head dictates (pardon the pun.)

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