The economy, is it good or bad. (Page 166/181)
84Bill JAN 16, 12:25 PM

quote
Originally posted by Formula88:


Stop trolling, Bill.



My goal is not to start another round of ad-homenim or troll for it.

If you cant answer the question or discuss why it is these people cant pay their loans back or just wish to waive your hand and blame the victim for being a victim then thats fine. Just state your case while I demonstrate how the victims fell prey to a system that entrapped them.

Dont resort to ad-homenim, name call, or accuse me of trolling to avoid answering my question when all I did was ask for an answer to a question.

Why and Who has to pay their loans now that they, these people cant ?

[This message has been edited by 84Bill (edited 01-16-2008).]

Formula88 JAN 16, 12:40 PM

quote
Originally posted by 84Bill:


I have noting to discuss nor do I possess the desire to discuss anything with you.
84Bill JAN 16, 12:41 PM

quote
Originally posted by Formula88:




Which was true at that time.
84Bill JAN 16, 12:53 PM
NEW YORK (CNNMoney.com) -- Oil prices fell sharply Wednesday after the government reported a surprise increase in crude supplies.

U.S. light crude for February delivery fell $2.20 to $89.62 a barrel on the New York Mercantile Exchange. Oil had traded down $1.21 prior to the report's release.

Though Bush was told to go to hell when he asked the Saudi oil minster to increase production it appears that our very own producers "found some extra" just laying around and did it on their own.

Why cant they do this more often and spare the american public the added grief of extreme energy costs?

[This message has been edited by 84Bill (edited 01-16-2008).]

84fiero123 JAN 16, 12:56 PM

quote
Originally posted by aceman:
-The Bank Presidents and the CEOs were hired by a board of directors/shareholders. Not by an election of the entire U.S.



So all these shareholders who have lost money should fire their asses. No severance, no retirement, nothing.


quote
Originally posted by aceman:
- The loan holders weren't FORCED to take those loans.



Ah yes but they weren’t completely informed about what these loans meant if what has happened happens.


quote
Originally posted by aceman:
- The stockholders weren't forced to buy those stocks.



Ah but they were recommended by someone in the know, someone who should know if a stock is going to tank. They do have the education right? They were paying these people for their experience in their field.

Lets put it this way change the system.

If someone makes you money, then they in turn should get paid, if they loose you money then they should not get paid. Sounds fair to me.

Ever work as a salesman on commission Ace? You don’t get paid if you don’t sell.

Better yet here is an even better example.

Ever work on a piece work scale? The more you make the more you get paid, provided the product is of good quality.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

aceman JAN 16, 01:04 PM
Mr Bitter, whether or not a corporation decides to fire their President or CEO without severence, is not up to you or me. They are a private business.

The people who took out the loan didn't know everything??????????????????????? It's spelled out in the loan!

Yes, I worked as a salesman on a commission once. I did quite well. I never lied. However, I stretched a truth many times.
ditch JAN 16, 01:08 PM

quote
Originally posted by 84fiero123:
Ah but they were recommended by someone in the know, someone who should know if a stock is going to tank.



In most cases, nobody knows if a stock that is doing good today is going to tank or not. Investments are a gamble and are in no way black and white. All an advisor can do is make recommendations based on the current data for a company. They don't magically know if the company is going to crap out in the next year and would be in no way responsible for your loss if it did.

I believe that doing your own research before investing is a very good idea, but consulting a professional is and always will be the best thing to do.
84fiero123 JAN 16, 01:08 PM

quote
Originally posted by aceman:
Mr Bitter, whether or not a corporation decides to fire their President or CEO without severence, is not up to you or me. They are a private business.



Ah but is it up to the stockholders?

Shouldn’t they have a say in it?

Right they are a private business, so the stock holders should be able to have a say but they don’t do they?
84fiero123 JAN 16, 01:12 PM

quote
Originally posted by ditch:
I believe that doing your own research before investing is a very good idea, but consulting a professional is and always will be the best thing to do.



Ah but these professionals recommended bad stock investments even when they knew they were bad. Great example was supplied by me earlier in this thread about how the state of Maine took the advise of one of those so called pros when the stocks were headed down and then just kept going. Loosing the state Millions.

Why should they get paid if their advise is bad?

If they make money sure, if not no.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

84Bill JAN 16, 01:14 PM
eep it civilized! It's ok to disagree with someone. Really, it is. But it's not ok to call someone a "toad licking monkey waxer" just because he disagrees. It'll make you actually look like one. Name-calling will most likely get you a bad rating. At the very least, it will cause the thread to end up in the Trash Can, and at its very worst it will get you banned.


This name calling crap is atrocious.