The economy, is it good or bad. (Page 173/181)
84Bill JAN 17, 09:23 PM

quote
Originally posted by ditch:
Difference between you and me is that I'm not going to let one or a few stories convince me that all the banks out there are crooks.



Yes.... and the difference between you and me is I don't like to watch crooks get away with scamming and violating the public trust.
ditch JAN 17, 09:23 PM

quote
Originally posted by 84Bill:


WaMu accused of appraisal fraud

Lawsuit claims the lender insisted she offer rosier housing outlook so risky mortgages could get approved. From Money Magazine's Stephen Gandel

NEW YORK (Money) -- A former real estate appraiser for Washington Mutual is suing the bank, claiming she was blacklisted last year for providing a housing market forecast that was too gloomy.




again, if all it takes is a couple banks doing it to convince you the entire industry is guilty of the same thing then so be it. I'm above that kind of reasoning
84Bill JAN 17, 09:30 PM

quote
Originally posted by ditch:
again, if all it takes is a couple banks doing it to convince you the entire industry is guilty of the same thing then so be it. I'm above that kind of reasoning



Follow the money trial. Those who are losing their asses big are the most guilty.. and so on and so on. The entire banking industry was in on handing out those ARMs. They got too greedy and this is what happens when you take too much from the geese that lay those green gold eggs. They milked the system too hard.

But you are right, probably not all of them took enough to get run into the dirt but the ring leaders have red written all over their books

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"In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell

ditch JAN 17, 09:35 PM

quote
Originally posted by 84Bill:


Yes.... and the difference between you and me is I don't like to watch crooks get away with scamming and violating the public trust.



I see, so I do? Haha. Thanks for confirming for me that you have made little if any effort to read my posts. The fact that you believe this about me proves that, but with your tunnel vision I doubt you'll see it.

I would really like to discuss this more, but talking to a wall is pointless.
84Bill JAN 17, 09:48 PM

quote
Originally posted by ditch:


I see, so I do? Haha. Thanks for confirming for me that you have made little if any effort to read my posts. The fact that you believe this about me proves that, but with your tunnel vision I doubt you'll see it.

I would really like to discuss this more, but talking to a wall is pointless.



Tunnel vision is a two way street but thanks for admitting it. I guess you didn't read my previous post?

Yes.. I get the feeling that if walls could talk.. well you get the idea.

[This message has been edited by 84Bill (edited 01-17-2008).]

84fiero123 JAN 18, 09:20 AM
Just a couple of questions for all of those who have been saying all along that the economy is just fine.

Why if it is just fine is the government dropping interest rates, pumping BILIIONS into failing Banks?

Or doing and saying things like this?

Bush to Lay Out Stimulus Ideas Friday
Friday January 18, 8:37 AM EST

WASHINGTON (AP) — President Bush is putting together his first public call for a "robust" emergency fiscal stimulus bill to get cash quickly into the pockets of consumers and jump-start a sagging economy, his treasury secretary said Friday.
Bush planned to lay out his position later in the day, but he wasn't expected to go into specifics. Press secretary Dana Perino said Bush would demand that any package be effective, simple and temporary — mirroring calls by Democratic lawmakers for a "timely, targeted and temporary" stimulus measure.
Taxpayers could receive rebates of up to $800 for individuals and $1,600 for married couples under a White House plan. Although lawmakers were considering smaller rebate checks and more money for food stamp recipients and the unemployed, Bush told congressional leaders that he favors income tax rebates for people and tax breaks for business investment.

http://money.excite.com/jsp...ews_id=ap-d8u8aoa00&

If the economy is just fine why do they need to do things like this?
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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.

[This message has been edited by 84fiero123 (edited 01-18-2008).]

84Bill JAN 18, 09:25 AM
The average American household with at least one credit card has nearly $9,200 in credit card debt, according to CardWeb.com, and the average interest rate runs in the mid- to high teens at any given time.


-9,200
+1,600
-----------
-7,600

Woo hoo... :ewebrow:
Phranc JAN 18, 09:31 AM

quote
Originally posted by 84Bill:


Yes.... and the difference between you and me is I don't like to watch crooks get away with scamming and violating the public trust.



Aren't you the one who bragged about "sticking it to the man" ( public) by taking welfare and not working because you didn't want to not because you actually needed it. Yeah that was you. Oh the hypocrisy or irony or what ever you call it when bill posts something like the BS above.
84fiero123 JAN 18, 09:50 AM

quote
Originally posted by Phranc:
Aren't you the one who bragged about "sticking it to the man" ( public) by taking welfare and not working because you didn't want to not because you actually needed it. Yeah that was you. Oh the hypocrisy or irony or what ever you call it when bill posts something like the BS above.




How about answering my questions Phranc?
If the economy is so good why would the government need to do all the things I just asked about?

------------------
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.

Phranc JAN 18, 09:56 AM
Your question has already been answered in this thread. It was a great answer too. You didn't get it then and you wont get it now so why bother. Its not the answer you want.