Bottom line, they are in charge. Giving mortgages to people that did not read the fine print or could not afford them; who would you blame more for this? The bank, who knew how these mortgages work, or the homeowners who had little knowledge of how these mortgages work? Also, the refinancing that went on that fueled our economy. I am pretty sure 99.9% of the people that refinanced put that money back into circulation. Please, they knew who they were preying on and they knew these loans were designed to fail. I am not sure they knew how bad it was going to get, but that many of the loans would fail, how could they not see that. With the unemployment being so high, business closings, etc…
There is nothing wrong with people making money, as long as it is not off the backs of others.
Dylan’s right on as usual…Everythings rigged in favor of the fat cats….because they have bought their protection from the politicians including Obama….The problem is not Capitalism…the problem is fascism…the joining of multinational corporations with Government…….Which is resulting in a Totalitarian Government ran by the Oligarchs and ruled by the Plutocrats..A FASCIST DICTATORSHIP…Reinstate the Uptick Rule and Glass-Steagall for starters…..There is too much wealth and power in the hands of a few, which was planned by a few ruling elite who own WALL STREET via many proxies and have hijacked the U.S. GOVERNMENT and that is stifling FREE MARKET CAPITALISM and the economy….This is a plan…..the proof is the fraudclosures continue and there has been no criminal investigations into any of the WALL STREET FIRMS who were ALL ON THE BIGGEST PONZI SCHEME SWINDLE AND HEIST OF THE WEALTH OF MAINSTREET BY WALL STREET IN HISTORY……140 TRILLION IN COLLATERAL FRAUD….BACKED BY 12 TRILLION IN COLLATERAL…………..FRAUDULENT DEBT WALL STREET CREATED OFF OF THE BACKS OF MAINSTREET…BY OVERSPECULATION AND OVERLEVERAGING….GOLDMAN SACHS WERE OVERLEVERAGED BY 333:1…FANNIE AND FREDDIE 72:1….JP MORGAN AND CITI 52:1..BEFORE THE INTENTIONAL STOCK MARKET CRASH..SEE YOU TUBE VIDEO ENTITLED CNBC ILLUMINATI CRASHES STOCK MARKET…..THEY ROBBED AMERICA TO COVER UP FOR ALL OF THEIR PONZI SCHEME FRAUD…AND THEY STILL ARE GETTING AWAY WITH THE CLASS WAR AND ROBBERY OF MAINSTREET…DESPICABLE….MAKE WALL STREET PAY…..THROW ALL OF THE POLITICIANS OUT ON THEIR HEADS!!!!!!
They all have ruling elite owners or they are actual members of that BIG CLUB…. and they are all puppets for the ruling elite….these puppets are the WALL STREET FIRMS AND BANKS, THE FEDERAL RESERVE, THE U.S. TREASURY, THE POLITICIANS, THE MEDIA AND THE LEGAL SYSTEM……….The ruling elite have corrupted the entire Government by infiltrating it in some way, shape or form…….and have hijacked America and are holding the American People hostage for 140 TRILLION IN WALL STREET DEBT, THAT WALL STREET INTENTIONALLY CREATED FOR THEIR OWNERS……TO MAKE ALL OF US “THINK” WE OWE THIS DEBT….THIS IS A BIG LIE!!! AMERICA IS NOT BROKE…..IT HAS BEEN HIJACKED BY THE GLOBALISTS AND GREEDY PIGS WHO DO NOT KNOW HOW TO MAKE AN HONEST DOLLAR WITHOUT COMMITTING FRAUD………IT IS ALL GOING TO IMPLODE ON ITSELF…..AND THAT IN ITSELF I BELIEVE IS THE INTENDED CONSEQUENCE OF THIS MANUFACTURED ECONOMIC CRISIS…..,.THE CROOKS AND THEIR CRIMINAL INSTITUTIONS WILL COMMIT SUICIDE…..MOVE OUT OF THE COUNTRY TO LIVE HIGH OFF OF ALL OF THEIR ILL GOTTEN GAINS AND LEAVE AMERICA IN ECONOMIC SHAMBLES…..THAT IS WHEN THE NEW WORLD ORDER WILL MOVE IN AND OFFER A FIX FOR THE MESS THEY CREATED VIA THEIR OLIGARCHS…….REJECT THEM……..!
….clueless, astounding….or an Oscar performance. Just to ponder this ridiculous statement “THE BANKS ARE SO OVERLY REGULATED” makes me gasp…..this coming from a former Verizon CEO!
Good one. Count on the shills to keep claiming that the banks are overly regulated, that as a result, people bought homes that they couldn’t afford and that those greedy, lying, regulation breaking homeowners caused all of the problems, that the government is investigating the banksters, and that we are so lucky to live in a land with liberty and “justice” for all, the banksters.
Also, don’t think that these shills will stop telling us that those terrorists are going to get us if we don’t keep attacking them and bombing their homes. By the way, the banksters are loaning money to the government to give to them to loan to the terrorists and/or their neighbors to rebuild their homes so that the banksters can foreclose once we bring American “democracy” and the rule of “law” to their land so that we can all live in peace, as long as the banksters get everything that they want.
These are heroes on the ground – and in a flash we might need to join them. The indifferent, bought and sold “press” seems content to discuss the big a-hOle via Suskind’s latest fairy tale.
The elite won’t report on how people are hurting, how they are losing their homes, how their lives are being destroyed by unemployment and how criminal enterprises like Fannie Mae and the Treasury Department used their proxy financial institutions to destroy and loot. There will be hell to pay – and these protestors are going about it the right way – non-violence in the face of a Bankster owned Government that would just as easily imprison or shoot them.
The protestors are forgetting to target the originators of this mess,
the federal government. They might consider camping outside of
Jimmah Cahtas (the peanut farmer) front door, the congress that
was then sitting as well as the current white house resident, along
with the current Congress. Foreclosure has become another
revenue stream for them all, as well as the banks.
i still can not beleive wells fargo sent me 3 letters from the same department by 3 people. no we know why we are all in trouble. The right hand yada yada. then having the customer service tell home owners who are current on their mortgage that call for help because we foresee a problem in the fore future to stop paying our mortgages to be able to qualify for a mortgage mod. Now we find out that was just not the truth. Hopefully some wistle blowers will start speaking up soon.
….WHY NOT?…..I GOT 3 MODIFICATION OFFERS FRON 3 SEPARATE BANKS AND ENTITIES………AT EXACTLY THE SAME TIME……….GET THIS………..ALL CLAIMING TO HOLD THE NOTE! LOL
Bottom line, they are in charge. Giving mortgages to people that did not read the fine print or could not afford them; who would you blame more for this? The bank, who knew how these mortgages work, or the homeowners who had little knowledge of how these mortgages work? Also, the refinancing that went on that fueled our economy. I am pretty sure 99.9% of the people that refinanced put that money back into circulation. Please, they knew who they were preying on and they knew these loans were designed to fail. I am not sure they knew how bad it was going to get, but that many of the loans would fail, how could they not see that. With the unemployment being so high, business closings, etc…
There is nothing wrong with people making money, as long as it is not off the backs of others.
Dylan’s right on as usual…Everythings rigged in favor of the fat cats….because they have bought their protection from the politicians including Obama….The problem is not Capitalism…the problem is fascism…the joining of multinational corporations with Government…….Which is resulting in a Totalitarian Government ran by the Oligarchs and ruled by the Plutocrats..A FASCIST DICTATORSHIP…Reinstate the Uptick Rule and Glass-Steagall for starters…..There is too much wealth and power in the hands of a few, which was planned by a few ruling elite who own WALL STREET via many proxies and have hijacked the U.S. GOVERNMENT and that is stifling FREE MARKET CAPITALISM and the economy….This is a plan…..the proof is the fraudclosures continue and there has been no criminal investigations into any of the WALL STREET FIRMS who were ALL ON THE BIGGEST PONZI SCHEME SWINDLE AND HEIST OF THE WEALTH OF MAINSTREET BY WALL STREET IN HISTORY……140 TRILLION IN COLLATERAL FRAUD….BACKED BY 12 TRILLION IN COLLATERAL…………..FRAUDULENT DEBT WALL STREET CREATED OFF OF THE BACKS OF MAINSTREET…BY OVERSPECULATION AND OVERLEVERAGING….GOLDMAN SACHS WERE OVERLEVERAGED BY 333:1…FANNIE AND FREDDIE 72:1….JP MORGAN AND CITI 52:1..BEFORE THE INTENTIONAL STOCK MARKET CRASH..SEE YOU TUBE VIDEO ENTITLED CNBC ILLUMINATI CRASHES STOCK MARKET…..THEY ROBBED AMERICA TO COVER UP FOR ALL OF THEIR PONZI SCHEME FRAUD…AND THEY STILL ARE GETTING AWAY WITH THE CLASS WAR AND ROBBERY OF MAINSTREET…DESPICABLE….MAKE WALL STREET PAY…..THROW ALL OF THE POLITICIANS OUT ON THEIR HEADS!!!!!!
They all have ruling elite owners or they are actual members of that BIG CLUB…. and they are all puppets for the ruling elite….these puppets are the WALL STREET FIRMS AND BANKS, THE FEDERAL RESERVE, THE U.S. TREASURY, THE POLITICIANS, THE MEDIA AND THE LEGAL SYSTEM……….The ruling elite have corrupted the entire Government by infiltrating it in some way, shape or form…….and have hijacked America and are holding the American People hostage for 140 TRILLION IN WALL STREET DEBT, THAT WALL STREET INTENTIONALLY CREATED FOR THEIR OWNERS……TO MAKE ALL OF US “THINK” WE OWE THIS DEBT….THIS IS A BIG LIE!!! AMERICA IS NOT BROKE…..IT HAS BEEN HIJACKED BY THE GLOBALISTS AND GREEDY PIGS WHO DO NOT KNOW HOW TO MAKE AN HONEST DOLLAR WITHOUT COMMITTING FRAUD………IT IS ALL GOING TO IMPLODE ON ITSELF…..AND THAT IN ITSELF I BELIEVE IS THE INTENDED CONSEQUENCE OF THIS MANUFACTURED ECONOMIC CRISIS…..,.THE CROOKS AND THEIR CRIMINAL INSTITUTIONS WILL COMMIT SUICIDE…..MOVE OUT OF THE COUNTRY TO LIVE HIGH OFF OF ALL OF THEIR ILL GOTTEN GAINS AND LEAVE AMERICA IN ECONOMIC SHAMBLES…..THAT IS WHEN THE NEW WORLD ORDER WILL MOVE IN AND OFFER A FIX FOR THE MESS THEY CREATED VIA THEIR OLIGARCHS…….REJECT THEM……..!
Why I went to NYC – Occupy Wall Street on September 17th!
http://boston67.blog.com/wall-street-turning-americans-into-zombies/
….clueless, astounding….or an Oscar performance. Just to ponder this ridiculous statement “THE BANKS ARE SO OVERLY REGULATED” makes me gasp…..this coming from a former Verizon CEO!
Good one. Count on the shills to keep claiming that the banks are overly regulated, that as a result, people bought homes that they couldn’t afford and that those greedy, lying, regulation breaking homeowners caused all of the problems, that the government is investigating the banksters, and that we are so lucky to live in a land with liberty and “justice” for all, the banksters.
Also, don’t think that these shills will stop telling us that those terrorists are going to get us if we don’t keep attacking them and bombing their homes. By the way, the banksters are loaning money to the government to give to them to loan to the terrorists and/or their neighbors to rebuild their homes so that the banksters can foreclose once we bring American “democracy” and the rule of “law” to their land so that we can all live in peace, as long as the banksters get everything that they want.
Here is a good short video about who the real terrorists are and what they are doing http://www.youtube.com/watch?v=G1EXKLVgEx0
These are heroes on the ground – and in a flash we might need to join them. The indifferent, bought and sold “press” seems content to discuss the big a-hOle via Suskind’s latest fairy tale.
The elite won’t report on how people are hurting, how they are losing their homes, how their lives are being destroyed by unemployment and how criminal enterprises like Fannie Mae and the Treasury Department used their proxy financial institutions to destroy and loot. There will be hell to pay – and these protestors are going about it the right way – non-violence in the face of a Bankster owned Government that would just as easily imprison or shoot them.
The protestors are forgetting to target the originators of this mess,
the federal government. They might consider camping outside of
Jimmah Cahtas (the peanut farmer) front door, the congress that
was then sitting as well as the current white house resident, along
with the current Congress. Foreclosure has become another
revenue stream for them all, as well as the banks.
i still can not beleive wells fargo sent me 3 letters from the same department by 3 people. no we know why we are all in trouble. The right hand yada yada. then having the customer service tell home owners who are current on their mortgage that call for help because we foresee a problem in the fore future to stop paying our mortgages to be able to qualify for a mortgage mod. Now we find out that was just not the truth. Hopefully some wistle blowers will start speaking up soon.
….WHY NOT?…..I GOT 3 MODIFICATION OFFERS FRON 3 SEPARATE BANKS AND ENTITIES………AT EXACTLY THE SAME TIME……….GET THIS………..ALL CLAIMING TO HOLD THE NOTE! LOL