Paulson Plan: Lazs style socialism at its worst

[SkyRock]

Is it just me, or is SkyRock getting more personal with his posts?

DOnzo, I dont care for your politics at all, but with all due respect, I have been attacked on a personal level to no end.  If you really want to take my last post to lazs as though I am the one who is getting personal, then by all means have at it.  He has talked about my children, my profession, and my ability to parent, can't really get more personal than that. 

[Hangtime]

 

[bongaroo]

And so continues the Great Troll Wars of '08.

[Dos Equis]

And so continues the Great Troll Wars of '08.

It's tired.

And I agree. Lazs always goes personal first. He starts by messing up your handle, calling me dos equality - or something sarcastic. When the facts really punt all his theories to hell, as this week has shown, they post a snarky picture or graphic, being a tacit admission that their arguments have lost.

[lazs2]

dos equality..   I am having trouble following your post.. you mix "lazs" and "they" interchangeably or at least in a confused manner.   Also.. I don't post graphics.   I have linked to charts and graphs from time to time tho.

As far as asserting the my/they theories have been somehow "punted to hell"..   I see no evidence of that at all.

as for skycrock..   I am not sure what I have said about his children..  I don't even know them..  I have said things about his profession..  hell.. he is a teacher.. the highest paid part time worker there is..   His ability to parent?   I have no idea.  I doubt he abuses them or even knows they exist for that matter what with his busy schedule and all.

Heck.. you want to know what people think of you skycrock. just go back over to the site you ran away from.

lazs

[bongaroo]

<insert picture of troll here>

actually, it should be a picture of a troll saying "seriously, he picked on me fiiiiiiiiiiirst!!!!!"

[SkyRock]

skycrock..   I am not sure what I have said about his children I doubt he abuses them or even knows they exist

Heck.. you want to know what people think of you skycrock. just go back over to the site you ran away from.

what site?  I guess you're telling yet another lie, because I have never run from any site.  Besides, I don't have time for another site,    !

Everything you say about me is a lie, unfortunately, the things I say about you are true.  You are a small minded (prolly small weenied) hateful racist who wants to blame everyone for your hatred, when in fact, it is just you, all hate and no class.  I believe you to be a coward with many guns(to protect you,  ) and a small man devoid of most things associated with humanity.  Forget your politics, some of it is not bad, but as far as a human, u fail miserably and completely.

[WilldCrd]

ya know, I remember listening to a late night radio talk show about 5-6yrs ago (many here know it...some dont like it-coast 2 coast)
regardless I remember a realistate  investor talking about the "ousing.realistate bubble and how it will soon burst and when it does it will bring down alot of other institutions.
Guess my point is that there were people that KNEW this was comming...for a long time. Nobody listened. It does matter who is at fault and they should be held accountable for it but, more importantly is how do we get out of it and how do we protect ourselves (individually) from the impact of all this.
I bought a 135k house and closed may 30th. I based the loan solely on my income and left my wife's off. The current state of the economy tho still has my stress level way higher than I like it (the wife dont like my stress neither!)

[Donzo]

ya know, I remember listening to a late night radio talk show about 5-6yrs ago (many here know it...some dont like it-coast 2 coast)
regardless I remember a realistate  investor talking about the "ousing.realistate bubble and how it will soon burst and when it does it will bring down alot of other institutions.
Guess my point is that there were people that KNEW this was comming...for a long time. Nobody listened. It does matter who is at fault and they should be held accountable for it but, more importantly is how do we get out of it and how do we protect ourselves (individually) from the impact of all this.
I bought a 135k house and closed may 30th. I based the loan solely on my income and left my wife's off. The current state of the economy tho still has my stress level way higher than I like it (the wife dont like my stress neither!)

5-6 years ago?  Read the article in this post (http://bbs.hitechcreations.com/smf/index.php/topic,247607.msg3039779.html#msg3039779)....it was from 1999 and it talks about exactly what is happening now.

Bad situation but many saw it coming...I guess greed won out.

[Dos Equis]

"We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself."

-- The 2008 Republican Party Platform, published just before the convention.

[SkyRock]

"We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself."

-- The 2008 Republican Party Platform, published just before the convention.

  republicans....the new democrats! 

[Bronk]

DOnzo, I dont care for your politics at all, but with all due respect, I have been attacked on a personal level to no end.  If you really want to take my last post to lazs as though I am the one who is getting personal, then by all means have at it.  He has talked about my children, my professions, and my ability to parent, can't really get more personal than that. 

Fixed

[DrDea]

  Obama wins election. All the foreclosed homes get eaten up by the Government at tax payers expence.All said houses go to section 8 housing.Liberals cheer.Jimmy Carter craps his pants.Billy Boy thinks now if we can just get em all free health care too.

[Urchin]

James J. Cramer wrote this (Mad Money guy). Pretty decent view of how the whole mess happened. Good read, a bit long. It may help Skyrock.. but maybe not. 

The Great Shakeout

http://nymag.com/news/businessfinance/50520/
 

Heeeeeyyyy...  What the hell is this flaming liberal osamabamammaamma commie on about!!!???

"How was all of this allowed to happen? Where were the regulators, the agencies that rate these bonds, the early warnings to the investors that maybe this paper was more dangerous than the brokerages let on? First, not only was there no regulation to speak of at any level—federal, state, or local—but the much-worshipped Alan Greenspan and current Fed chairman Ben Bernanke actually encouraged this kind of securitization even as they raised rates ever higher, seventeen times, to stop the very house-price appreciation these securities depended on to be viable. They shared the Republican ideology that promoted homeownership for everyone—including those who couldn’t afford it—and minimal market regulation."

I though the evil dummacommiedorks forced those poor banks to make those almost comically profitable loans to Lazs' favorite poor violent minorities?

[Toad]

Urchin, Cramer doesn't get every thing right. In fact, last time I looked he was only correct on his stock picks 47% of the time.

Read Bustr's post about the beginning of bad loans to people that couldn't possibly afford them. See which party was pushing the idea.

Look here to start:  http://bbs.hitechcreations.com/smf/index.php/topic,247905.msg3043142.html#new

A few years later, when Greg Mankiw, chairman of President Bush's Council of Economic Advisers, voiced a warning about weakened underwriting standards, Congress rebuffed him as well.

The Wall Street Journal quoted Congressman Barney Frank, D-Mass., in 2003 as criticizing Greg Mankiw "because he is worried about the tiny little matter of safety and soundness rather than 'concern about housing.'"

Frank, chairman of the House Financial Services Committee, rejected a Bush administration and Congressional Republican plan for regulating the mortgage industry in 2003, saying, "These two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis." According to a New York Times article, Frank added, "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."

So, Barney, how are Fred and Fannie doing anyway?