03-19-2009, 10:24 AM | #136 |
“Hypocrisy: prejudice with a halo”
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"....millions of jobs." President Obama
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03-19-2009, 05:06 PM | #137 |
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where ya been Merc?
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03-19-2009, 05:54 PM | #138 |
“Hypocrisy: prejudice with a halo”
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St. Pats Rugby Tourny all week end and we hosted 3 people from the UK in our house. Gave them some big ole American hospitality, cooked a whole salmon on the grill, went to a low country boil, made a few fires in the back yard, hoisted a few cold ones, and soaked in the hot tub.
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03-19-2009, 06:23 PM | #139 |
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damn. and you didn't call? bastard. I coulda used a nice, big British bloke...
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03-22-2009, 05:15 PM | #140 | |
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And now more failures of the bailout:
Quote:
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03-22-2009, 07:51 PM | #141 |
barely disguised asshole, keeper of all that is holy.
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Aside/ How exactly is it that our elected representatives signed this bailout without even reading it? They are still now finding things that they had no idea were there. Gotta be done before Nancy goes on her trip...
What the fuck did they do? Oh thats right THEY DON'T KNOW EITHER Grrrrr /As you were.
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03-22-2009, 08:04 PM | #142 | |
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Quote:
Nobody had time to read it, damn near everyone voted for it.
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03-22-2009, 08:05 PM | #143 | |
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Quote:
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03-22-2009, 08:07 PM | #144 |
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But it was okay for the republican congress to vote for the PATRIOT Act without reading it...because, apparently, the dems were mind controlling them.
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03-22-2009, 08:08 PM | #145 |
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Maybe that will be Dodd's newest excuse. :p
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03-23-2009, 09:10 PM | #146 |
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03-23-2009, 09:14 PM | #147 |
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So what about the new housing proposal? Wall Street apparently approved, but damn, why does it seem like all the money is going to the people who need it the least?
And people keep calling these mortgages "toxic assets," and while the mortgages might be toxic, the actually properties aren't. The properties are worth something. So I really don't get it. I think the government should have just divided the money up and given it in equal portions to every adult citizen who makes less than a million dollars a year. It might have been cheaper in the long run, and better for the economy. |
03-24-2009, 11:15 AM | #148 | ||
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Quote:
The homeowners took a gamble that they would be making more or they could refinance later or or or... before the rate on their ARM increased. Many knowingly did this. It has been done for many years, this is not something new. What changed is the home values. To further compound the problem many homes did not increase in value, in fact, they decreased and on or around the same time the mortgage payment increased. Now you have a devalued home and an increased monthly payment. An example of the impact: Quote:
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03-25-2009, 10:56 AM | #149 |
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A good discussion of some projected problems which lay ahead.
http://www.taxpolicycenter.org/Uploa...mic_crisis.pdf
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03-25-2009, 10:58 AM | #150 |
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No one was fooled. It was business as usual before, just as it is now.
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