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So ACORN is Occupy? Not surprised.
#59
(11-11-2011, 09:14 AM)Duchess Wrote:
(11-11-2011, 08:55 AM)IMaDick Wrote: The real question is why did they make bad loans and then whine like bitches when they lost their asses?


I'd like to know the answer to that too.

Why did I build & protect my FICO my entire adult life when just anyone can get a loan?

I shouldn't be reading this crap if I want to hang on to my pleasant frame of mind. Smiley_emoticons_slash

If for one minute I thought you could grasp the reasoning, I would explain it to you.

So simply stated it has to do with creating wealth from nothing.

hold interest rates to next to nothing, pump in a bunch of worthless paper, exaggerate the value of a different commodity and capitalize on a false profit in under valued currency around the world and then engineer a reversal and increase the value of the deflated currencies and take the profit from the expansion.

and at the same time create a large dependant class so that the cycle will continue for a decade or more into the future by forcing the sale of that selected commodity to increase the holdings of the engineers of the deflation.

All done without investing a single dollar of your money.

poof,profit from nothing.

Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.
John Adams
















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Messages In This Thread
So ACORN is Occupy? Not surprised. - by Cracker - 11-03-2011, 05:44 PM
RE: So ACORN is Occupy? Not surprised. - by IMaDick - 11-11-2011, 11:09 AM