Commanders Post at The Warpath - View Single Post - Understanding The Issues: Subprime/Housing Crisis

70Chip · 06-20-2008, 11:54 AM

I'm not sure that the 98% of Americans who didn't take a bad loan should get in a twist about the 2% who did. They can rent apartments until they get back on their feet.

As for the Wall Street crooks that seem to come up with a new confidence scheme every ten years or so (junk bonds, tech stocks, subprime loans) , many should go to Federal pound them in the ass prison and any bailouts that are necessary for the overall stability of the financial system should be accompanied by regulatory oversight. I'm still laizess faire when it comes to small businesses, but these Wall Street ass clowns continually demonstrate a complete inability to function within the limits of the law. Now we need to go after the oil speculators.

06-20-2008, 11:54 AM	#15
70Chip Playmaker Join Date: Jan 2006 Location: Manassas Age: 54 Posts: 3,048	Re: Understanding The Issues: Subprime/Housing Crisis I'm not sure that the 98% of Americans who didn't take a bad loan should get in a twist about the 2% who did. They can rent apartments until they get back on their feet. As for the Wall Street crooks that seem to come up with a new confidence scheme every ten years or so (junk bonds, tech stocks, subprime loans) , many should go to Federal pound them in the ass prison and any bailouts that are necessary for the overall stability of the financial system should be accompanied by regulatory oversight. I'm still laizess faire when it comes to small businesses, but these Wall Street ass clowns continually demonstrate a complete inability to function within the limits of the law. Now we need to go after the oil speculators. __________________ This Monkey's Gone to Heaven