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-   -   Occupy Oakland - Before & After (https://gfy.com/showthread.php?t=1043165)

Barry-xlovecam 10-26-2011 08:55 AM

This "thing" has gained to much traction in just a month for it to be ignored ... We'll see if it is just getting started.

New poll out last night the current US Congress gets a 9% approval rating.

baddog 10-26-2011 09:03 AM

Quote:

Originally Posted by cherrylula (Post 18516594)
Those people were not "protesting," they were illegally camping in the park.

BIG DIFFERENCE

They have a right to protest, but if those hippies were in my neighborhood fucking CAMPING and SLEEPING in the park, I'd want them gone too.

That kind of logic will not be tolerated on GFY. #OccupyGFY

Caligari 10-26-2011 09:06 AM

Quote:

Originally Posted by cherrylula (Post 18516594)
Those people were not "protesting," they were illegally camping in the park.

BIG DIFFERENCE

They have a right to protest, but if those hippies were in my neighborhood fucking CAMPING and SLEEPING in the park, I'd want them gone too.

yes damn those hippies!
http://media.baycitizen.org/uploaded...py-general.jpg
http://i.imgur.com/W0hHc.jpg

baddog 10-26-2011 09:07 AM

Quote:

Originally Posted by Caligari (Post 18516708)

Why do you think those people were camping in the park? Is that second pic even from Oakland (notice rain gear on the top pic, not the second)?

Caligari 10-26-2011 09:13 AM

Quote:

Originally Posted by baddog (Post 18516712)
Why do you think those people were camping in the park? Is that second pic even from Oakland (notice rain gear on the top pic, not the second)?

1)point of pics- because its always "those hippies"
2)does it matter which protest? its the same response everywhere...

blackmonsters 10-26-2011 09:13 AM

Quote:

Originally Posted by Caligari (Post 18516318)
Right about now "They Live" could be the most prophetic film of the last 50 years.

Only because it's educating people who were blind to this going on for 50 years already
but they have ignored it calling the victims a bunch of bums.

Now that more arrogant jackasses have gone broke and found themselves on the street,
it's suddenly inhumane for this to happen.

It's inhumane because "I'm not a fucking bum!".

:1orglaugh

directfiesta 10-26-2011 09:27 AM

Quote:

Originally Posted by Caligari (Post 18515573)
check this out, posted in another thread-

wow .... doing that to ' their own people ' .....

Phoenix 10-26-2011 09:29 AM

Quote:

Originally Posted by Caligari (Post 18515573)
check this out, posted in another thread-

you must be wrong
well respected posters here who have never been to the rallies have told us that the protesters deserve what they get.

Rochard 10-26-2011 09:41 AM

Quote:

Originally Posted by stocktrader23 (Post 18515551)

So how much is it gonna cost the tax payers to clean up their fucking mess?

This is what the protesters don't understand. Their silly protesting with camping out and war drums is costing cities hundreds of thousands of dollars in police and clean up costs. Wonderful - Our cities are going broke, but let's force them to spend more for utterly no reason.

_Richard_ 10-26-2011 10:00 AM

Quote:

Originally Posted by Rochard (Post 18516810)
So how much is it gonna cost the tax payers to clean up their fucking mess?

This is what the protesters don't understand. Their silly protesting with camping out and war drums is costing cities hundreds of thousands of dollars in police and clean up costs. Wonderful - Our cities are going broke, but let's force them to spend more for utterly no reason.

so it's the protestors fault the cities are going broke?

what the hell is going on today :1orglaugh

Rochard 10-26-2011 10:07 AM

Quote:

Originally Posted by _Richard_ (Post 18516859)
so it's the protestors fault the cities are going broke?

what the hell is going on today :1orglaugh

In fact it is.

Everyone wants to blame the banks, when the truth is it's the 99% that caused this - anyone who bought a house and sold it for twice what they paid for it four years later, or anyone who bought a house and took out money against it and then defaulted as it all crashed down. It was the greed of the 99% that caused this to happen.

And now they want to camp out in public parks, destroying them, and refuse to clear out so they can be cleaned. Outstanding. Let's force the city to spend millions in police costs, millions in clean up and repair costs, and then later on millions in legal fees defending their actions.

And again, no sense for the 99% to take the blame for their actions. Just blame it on the police.

amateurbfs 10-26-2011 10:10 AM

Quote:

Originally Posted by _Richard_ (Post 18516859)
so it's the protestors fault the cities are going broke?

what the hell is going on today :1orglaugh

Someone has to be their mother.. You would let the trash lay around in your city, say you were a mayor somewhere?

cherrylula 10-26-2011 10:11 AM

Quote:

Originally Posted by Caligari (Post 18516719)
1)point of pics- because its always "those hippies"
2)does it matter which protest? its the same response everywhere...

If they are going to break the law to protest and make a statement they need to work harder than to just "put up tents" and make some cheesy signs.

Those tree huggers aren't making a difference sleeping in the park.

When they start storming government buildings with torches then I'll pay attention.

Until then, if they're not at least in the streets in public areas holding up signs and think that treading all over nature pissing in the park is protesting, let the cops deal with them.

Those cops are having the time of their lives, "following orders" beating up citizens too. I don't support those job needing assholes either, getting paid to boss people around.

Revolutions didn't begin by putting up tents though, that's for sure. Blood or stfu. lol

Phoenix 10-26-2011 10:11 AM

Quote:

Originally Posted by Rochard (Post 18516869)
In fact it is.

Everyone wants to blame the banks, when the truth is it's the 99% that caused this - anyone who bought a house and sold it for twice what they paid for it four years later, or anyone who bought a house and took out money against it and then defaulted as it all crashed down. It was the greed of the 99% that caused this to happen.

And now they want to camp out in public parks, destroying them, and refuse to clear out so they can be cleaned. Outstanding. Let's force the city to spend millions in police costs, millions in clean up and repair costs, and then later on millions in legal fees defending their actions.

And again, no sense for the 99% to take the blame for their actions. Just blame it on the police.

hey i sort of agree with you.

however...whoever let the idiots do that are actually at fault

we didn't let idiots here buy 500k homes on a starbucks wage.
however in the usa...you did...and now you wonder what went on
when what really happened is people were playing liars poker with your whole mortgage industry.

don't blame the peons who really never should have been approved for a mortgage in the first place....they are peons.
the reason people make tons of money in high powered jobs is to make the right decision...but instead they line their pockets and steal the light bulbs on the way out the door..lol

DWB 10-26-2011 10:15 AM

Quote:

Originally Posted by Barry-xlovecam (Post 18516677)

New poll out last night the current US Congress gets a 9% approval rating.

:Oh crap Everyone in Congress should resign with approval ratings that low.

baddog 10-26-2011 10:16 AM

Quote:

Originally Posted by Coup (Post 18515576)
So much for the first amendment.

How so?
Quote:

Originally Posted by directfiesta (Post 18516761)
wow .... doing that to ' their own people ' .....

Wow, it is on the Internet so it must be true.

Caligari 10-26-2011 10:23 AM

Quote:

Originally Posted by cherrylula (Post 18516882)
If they are going to break the law to protest and make a statement they need to work harder than to just "put up tents" and make some cheesy signs.
Those tree huggers aren't making a difference sleeping in the park.
Until then, if they're not at least in the streets in public areas holding up signs and think that treading all over nature pissing in the park is protesting, let the cops deal with them.

made you look didn't they:winkwink:
http://news.yahoo.com/blogs/lookout/...141203055.html

and i don't know if you've been to a forest or mountains but public parks are not nature, they are the manicured green space of some city boy's idea of nature. they get trampled and replanted all the time. no big woop.

baddog 10-26-2011 10:24 AM

Quote:

Originally Posted by Caligari (Post 18516913)
they get trampled and replanted all the time. no big woop.

And who pays for it?

Caligari 10-26-2011 10:31 AM

Quote:

Originally Posted by baddog (Post 18516917)
And who pays for it?

in the spectrum of what is going on, worrying about paying for re-sodding and planting some trees is way down on the list.

or should i say "what price democracy?"

stocktrader23 10-26-2011 11:01 AM

Quote:

Originally Posted by Rochard (Post 18516869)
In fact it is.

Everyone wants to blame the banks, when the truth is it's the 99% that caused this - anyone who bought a house and sold it for twice what they paid for it four years later, or anyone who bought a house and took out money against it and then defaulted as it all crashed down. It was the greed of the 99% that caused this to happen.

And now they want to camp out in public parks, destroying them, and refuse to clear out so they can be cleaned. Outstanding. Let's force the city to spend millions in police costs, millions in clean up and repair costs, and then later on millions in legal fees defending their actions.

And again, no sense for the 99% to take the blame for their actions. Just blame it on the police.

First of all, there is no need to send cops to a peaceful protest, especially hundreds of them.

Also, you are really misguided on what caused the economy to crash. It is well known that the banks giving those loans were breaking laws to do so, corruption led to the crash. There will always be idiots that fall for this shit, the banks knew better but they pawned off their bad investments on the retirement funds of your friends and family.

The Demon 10-26-2011 11:04 AM

So we're to blame the bankers for doing something knowing normal American idiots will fall for it? That's like blaming MTV for releasing terrible reality shows rather than the idiots who choose to watch them. If the majority of people weren't willing to live beyond their means, the banks wouldn't be able to pawn this crap off.. Also, blame the goverment for backing the banks.. But I love the left. It's always somebody else's fault..

Phoenix 10-26-2011 11:04 AM

Quote:

Originally Posted by stocktrader23 (Post 18517022)
First of all, there is no need to send cops to a peaceful protest, especially hundreds of them.

Also, you are really misguided on what caused the economy to crash. It is well known that the banks giving those loans were breaking laws to do so, corruption led to the crash. There will always be idiots that fall for this shit, the banks knew better but they pawned off their bad investments on the retirement funds of your friends and family.

but but but...some guy wore a uniform of a marine the wrong way
that is what is really important

Rochard 10-26-2011 11:07 AM

Quote:

Originally Posted by Phoenix (Post 18516883)
hey i sort of agree with you.

however...whoever let the idiots do that are actually at fault

we didn't let idiots here buy 500k homes on a starbucks wage.
however in the usa...you did...and now you wonder what went on
when what really happened is people were playing liars poker with your whole mortgage industry.

don't blame the peons who really never should have been approved for a mortgage in the first place....they are peons.
the reason people make tons of money in high powered jobs is to make the right decision...but instead they line their pockets and steal the light bulbs on the way out the door..lol

But we did let the idiots making Starbucks wages buy $500k houses. We encouraged it. Because it drove the value of everyone's houses up. And when they defaulted, the bank turned around and sold the house again for even more money - more win for us!

They banks did line their pockets with gold. But everyone did. People sold their houses for a huge profit, and others cashed in by taking money out of their houses.

We are all guilty.

baddog 10-26-2011 11:07 AM

Quote:

Originally Posted by Caligari (Post 18516938)
in the spectrum of what is going on, worrying about paying for re-sodding and planting some trees is way down on the list.

or should i say "what price democracy?"

Appears to me that they are more about anarchy than democracy. :2 cents:

Phoenix 10-26-2011 11:07 AM

Quote:

Originally Posted by The Demon (Post 18517032)
So we're to blame the bankers for doing something knowing normal American idiots will fall for it? That's like blaming MTV for releasing terrible reality shows rather than the idiots who choose to watch them. If the majority of people weren't willing to live beyond their means, the banks wouldn't be able to pawn this crap off.. Also, blame the goverment for backing the banks.. But I love the left. It's always somebody else's fault..

i personally blame the education system for churning out millions and millions of mouth breathers...but hey what are gonna do?

stocktrader23 10-26-2011 11:08 AM

Quote:

Originally Posted by Phoenix (Post 18517034)
but but but...some guy wore a uniform of a marine the wrong way
that is what is really important

Yeah, so disrespectful to stand up for the rights of the citizens you swore to protect when your shirt is unbuttoned and your ribbons are on display so that it's obvious you are a vet and not some crazy dude in camo. :winkwink:

baddog 10-26-2011 11:08 AM

Quote:

Originally Posted by Rochard (Post 18517042)

We are all guilty.

Speak for yourself. Both of my homes have tons of equity. Not everyone made the same mistakes as you.

stocktrader23 10-26-2011 11:13 AM

Quote:

Originally Posted by Rochard (Post 18517042)
But we did let the idiots making Starbucks wages buy $500k houses. We encouraged it. Because it drove the value of everyone's houses up. And when they defaulted, the bank turned around and sold the house again for even more money - more win for us!

They banks did line their pockets with gold. But everyone did. People sold their houses for a huge profit, and others cashed in by taking money out of their houses.

We are all guilty.

No, everyone did not. Millions are losing their homes even though many of the foreclosures are illegal. Millions lost money from their retirement accounts and other investments because banks knowingly pawned off dirty loans on them. The middle class makes less money than they did a handful of years ago and the banks are making more than ever. They knew full well they were raping the economy, it's documented as illegal and now they are trying to make deals so they can't be held responsible.

baddog 10-26-2011 11:16 AM

Quote:

Originally Posted by stocktrader23 (Post 18517060)
. . . . many of the foreclosures are illegal.

Okay, I will have to plead ignorance. What foreclosures are illegal and what makes them so?

Rochard 10-26-2011 11:22 AM

Quote:

Originally Posted by stocktrader23 (Post 18517022)
First of all, there is no need to send cops to a peaceful protest, especially hundreds of them.

Really?

The big thing was the protest in Oakland, California, yesterday. I guess it's perfectly acceptable to the citizens of Oakland that their library was off limits because of protesters. (I read constantly and make weekly trips to the library; I'm also well educated and aware of local politics - I know a huge chunk of library costs comes from our town's general fund and I'd be pretty pissed off if I couldn't go to the library later today!) The police needs to be there to ensure the fucking taxpayers can enter the library - You know, the building with the books paid for by tax dollars and open to the public?

They didn't shut down the free way yet - protesters usually shut down the 580 - but they did fuck up a lot of surface streets. Peaceful or not, when you protesters marching down streets with cars you have lots of problems. I did see a car trying to weave through a group of protesters - surely the police was needed to direct traffic there, right?

The police ordered the protestors to leave the park - Frank Ogawa Plaza. The city wants to clean it, which makes sense, but they refused to leave. No problem - No need to call the police. They can just do whatever they fucking want in Frank Ogawa Plaza. They can violate all the city laws they want such as camping over night in a city park, smoking pot in pubic, taking craps in the bushes. No problem. No need to call the police.



Quote:

Originally Posted by stocktrader23 (Post 18517022)
Also, you are really misguided on what caused the economy to crash. It is well known that the banks giving those loans were breaking laws to do so, corruption led to the crash. There will always be idiots that fall for this shit, the banks knew better but they pawned off their bad investments on the retirement funds of your friends and family.

What laws were broken?

I bought a house and lived in it for four years. I sold the house and made a huge profit. No laws were broken by the bank.

My friend here in California bought a house, house went up in value, they refinanced and took that money out - and fueled the economy further by buying themselves a nice new truck, a boat, a jeep, a motorcycle that would make Baddog jelaous, and a pair of ATVs. No laws were broken. Value of the house went up, they refinanced.

The 99% is what caused this. All of us did by our greed. Did the banks make money? Sure did. But so did everyone else.

The Demon 10-26-2011 11:24 AM

Quote:

Originally Posted by Rochard (Post 18517098)
Really?

The big thing was the protest in Oakland, California, yesterday. I guess it's perfectly acceptable to the citizens of Oakland that their library was off limits because of protesters. (I read constantly and make weekly trips to the library; I'm also well educated and aware of local politics - I know a huge chunk of library costs comes from our town's general fund and I'd be pretty pissed off if I couldn't go to the library later today!) The police needs to be there to ensure the fucking taxpayers can enter the library - You know, the building with the books paid for by tax dollars and open to the public?

They didn't shut down the free way yet - protesters usually shut down the 580 - but they did fuck up a lot of surface streets. Peaceful or not, when you protesters marching down streets with cars you have lots of problems. I did see a car trying to weave through a group of protesters - surely the police was needed to direct traffic there, right?

The police ordered the protestors to leave the park - Frank Ogawa Plaza. The city wants to clean it, which makes sense, but they refused to leave. No problem - No need to call the police. They can just do whatever they fucking want in Frank Ogawa Plaza. They can violate all the city laws they want such as camping over night in a city park, smoking pot in pubic, taking craps in the bushes. No problem. No need to call the police.





What laws were broken?

I bought a house and lived in it for four years. I sold the house and made a huge profit. No laws were broken by the bank.

My friend here in California bought a house, house went up in value, they refinanced and took that money out - and fueled the economy further by buying themselves a nice new truck, a boat, a jeep, a motorcycle that would make Baddog jelaous, and a pair of ATVs. No laws were broken. Value of the house went up, they refinanced.

The 99% is what caused this. All of us did by our greed. Did the banks make money? Sure did. But so did everyone else.

http://30.media.tumblr.com/tumblr_kw...4wexo1_400.jpg

stocktrader23 10-26-2011 11:58 AM

Quote:

Originally Posted by baddog (Post 18517073)
Okay, I will have to plead ignorance. What foreclosures are illegal and what makes them so?

There are problems with mortgage backed securities being sold to multiple people at once, unclear ownership and several other illegal practices that have been called into question around the country, many with litigation ongoing. Not all foreclosures are illegal of course but they are still actively taking peoples homes knowing that they are in the wrong on at least some of them.

Supreme Court casts doubt on Massachusetts foreclosures.

State accuses Bank of America unit of thousands of illegal foreclosures

Banks hoping to settle with states over mortgage abuses and squash future liability.

Quote:

In a February 2011 opinion, Robert E. Grossman, a federal judge on in Long Island, wrote: ?This court does not accept the argument that because MERS may be involved with 50 percent of all residential mortgages in the country, that is reason enough for this court to turn a blind eye to the fact that this process does not comply with the law.?
Quote:

How MERS and its bank owners will fare with the attorneys general is unclear. The early term sheet for the possible settlement said only this: ?Issues relating to the use and performance of MERS are reserved for further discussion.? Those further discussions may be taking place now. It?s a good bet that the banks want a comprehensive release from liability relating to MERS.
US To Sue Big Banks Over Mortgages

Quote:

The Associated Press reports, meanwhile, that counties across the U.S. are discovering that illegal or questionable mortgage paperwork is far more widespread than thought, tainting the deeds of tens of thousands of homes dating to the late 1990s.
More importantly.

Quote:

Already, mortgage papers are being invalidated by courts, insurers are hesitant to write policies, and judges are blocking banks from foreclosing on homes. The findings by various county registers of deeds have also hindered a settlement between the 50 state attorneys general who are investigating big banks and other mortgage lenders over controversial mortgage practices.
Banks should not be actively taking homes from people when their entire process has been called into question, they are facing lawsuits from all angles, many foreclosures are being blocked and others have been found as probably or definitely illegal.

stocktrader23 10-26-2011 12:04 PM

Quote:

Originally Posted by Rochard (Post 18517042)
But we did let the idiots making Starbucks wages buy $500k houses. We encouraged it. Because it drove the value of everyone's houses up. And when they defaulted, the bank turned around and sold the house again for even more money - more win for us!

They banks did line their pockets with gold. But everyone did. People sold their houses for a huge profit, and others cashed in by taking money out of their houses.

We are all guilty.

Who the hell is we? Idiots have been applying for loans they couldn't get forever, it was corruption that gave them those loans.

Look, If you decide to loan a crackhead $5000 it is you taking that risk. This on the other hand is like you loaning the crackhead $5000, selling the risk to those in charge of your grandmas retirement fund by lying to them about what they are buying then getting bailed out by the government after you wreck the economy.

Nobody is arguing that these people shouldn't have had the loans, there were and are laws to protect them from being taken advantage of. The banks broke the law and evaporated 20% of our overall net worth, brought the economy to it's knees and are laughing in your face because they are making more money now than ever before in your lifetime and you want to blame homeowners? Jesus man, look around. They are doing the same with college loans and we are still not out of the housing crisis yet. NO GROUP BUT THE TOP 1% have gained in income through this mess, everyone else has lost. There are a damn lot of hardworking people in the middle class that you are saying deserve what they get. No, they do not and the corrupt corporations that did this should have to face the consequences the same as you or I would.

Lykos 10-26-2011 12:07 PM

No police in US:)

Rochard 10-26-2011 12:28 PM

Quote:

Originally Posted by stocktrader23 (Post 18517224)
Who the hell is we? Idiots have been applying for loans they couldn't get forever, it was corruption that gave them those loans.

We is "everyone".

We all knew what was going on. Everyone - and the adult industry certainly - was enjoying the ride. People were making money hand over fist, taking money out on houses, and spending it on new cars, vacations, porn memberships - which translated into everyone made even more money.

I wasn't an idiot who didn't qualify for a loan; I qualified for ten times larger than what I bought. And when I cashed in on my old house I didn't complain. I didn't go to the bank and give money back saying that my old house wasn't worth twice what I paid for it four years prior. I laughed all the way to the bank. And I spent the money on buying my wife and I each new cars (again) and big parties and vacations.

My friend who cashed out - He sure did qualify for his loan. Him and his wife combined only made $70k a year, but his house was valued at twice what he owed on it. In other words, he bought his house for something like $170k, and five years later it's worth $300k. Bingo - He bought his toys, his motorcyle, jeep, truck, atvs, vacations. (He lost everything btw.)

Quote:

Originally Posted by stocktrader23 (Post 18517224)
Look, If you decide to loan a crackhead $5000 it is you taking that risk. This on the other hand is like you loaning the crackhead $5000, selling the risk to those in charge of your grandmas retirement fund by lying to them about what they are buying then getting bailed out by the government after you wreck the economy.

No one cared. If the crack defaulted on the loan, the bank turned around and sold the house for 10% more. And everyone made money. On top of that, because the house re-sold for 10% more, the houses on the street went up in value - again.

Quote:

Originally Posted by stocktrader23 (Post 18517224)
Nobody is arguing that these people shouldn't have had the loans, there were and are laws to protect them from being taken advantage of. The banks broke the law and evaporated 20% of our overall net worth, brought the economy to it's knees and are laughing in your face because they are making more money now than ever before in your lifetime and you want to blame homeowners? Jesus man, look around. They are doing the same with college loans and we are still not out of the housing crisis yet. NO GROUP BUT THE TOP 1% have gained in income through this mess, everyone else has lost. There are a damn lot of hardworking people in the middle class that you are saying deserve what they get. No, they do not and the corrupt corporations that did this should have to face the consequences the same as you or I would.

Everyone was making money hand over fist, not just the 1%.

Anyone who sold a home or took money out of their home based on the perceived value of their home is guilty. People sold their houses for a huge profit, and people took money out against their homes - and used that money to further fuel the economy by buying new cars, vacations, toys, computers, cell phone. Our own industry has profited by this too - Everyone had extra pocket money and thought nothing about buying a porn membership.

The 1% is the group hurting the most. Someone here on GFY posted a graph the other day with the amount of money the top 1% makes. It peaked in 2007 - and then started to decline. The more money you make, the more of a hit you take. Ten percent of $100k is $10k, but ten percent of a million bucks is $100k.

Bank Of America - guilty with the rest of us - just took an $8.8 BILLION dollar hit. That's for a single quarter, btw. (Yeah, I know they play their little accounting games but you these fucks are bleeding money.)

The 99% is guilty right along with the banks. We all made money.

Rochard 10-26-2011 12:31 PM

Quote:

Originally Posted by stocktrader23 (Post 18517202)
There are problems with mortgage backed securities being sold to multiple people at once, unclear ownership and several other illegal practices that have been called into question around the country, many with litigation ongoing. Not all foreclosures are illegal of course but they are still actively taking peoples homes knowing that they are in the wrong on at least some of them.

Supreme Court casts doubt on Massachusetts foreclosures.

State accuses Bank of America unit of thousands of illegal foreclosures

Banks hoping to settle with states over mortgage abuses and squash future liability.





US To Sue Big Banks Over Mortgages



More importantly.



Banks should not be actively taking homes from people when their entire process has been called into question, they are facing lawsuits from all angles, many foreclosures are being blocked and others have been found as probably or definitely illegal.

Yeah, there was a lot of this going on. Doesn't the banks still make money on a foreclosure somehow?

They also had entry level people signing off on foreclosures, and courts that quickly pushed them through.

12clicks 10-26-2011 12:32 PM

Quote:

Originally Posted by Phoenix (Post 18516883)
hey i sort of agree with you.

however...whoever let the idiots do that are actually at fault

we didn't let idiots here buy 500k homes on a starbucks wage.
however in the usa...you did...and now you wonder what went on
when what really happened is people were playing liars poker with your whole mortgage industry.

don't blame the peons who really never should have been approved for a mortgage in the first place....they are peons.
the reason people make tons of money in high powered jobs is to make the right decision...but instead they line their pockets and steal the light bulbs on the way out the door..lol

the peons HAD to lie on their application to get a mortgage that put them in over their head.
it was the bottom's greed that hurt them.
No one living on a starbucks wage got a 500k house without lying.

crockett 10-26-2011 01:02 PM

Quote:

Originally Posted by Rochard (Post 18516810)
So how much is it gonna cost the tax payers to clean up their fucking mess?

This is what the protesters don't understand. Their silly protesting with camping out and war drums is costing cities hundreds of thousands of dollars in police and clean up costs. Wonderful - Our cities are going broke, but let's force them to spend more for utterly no reason.

really? I mean really really?

I guess we should also save this country a lot of money and just install a dictator whom can simply assign all political roles to whom he feels fit. Hell I bet that would save a lot of money..

btw, I'm sure the protestors would be willing to work a deal to pay for the clean up if wall street pays back what it owes as well. Sound fair right?

stocktrader23 10-26-2011 01:08 PM

Quote:

Originally Posted by Rochard (Post 18517292)

Bank Of America - guilty with the rest of us - just took an $8.8 BILLION dollar hit. That's for a single quarter, btw. (Yeah, I know they play their little accounting games but you these fucks are bleeding money.)

http://www.charlotteobserver.com/201...er-profit.html

Poor BOA with their 5 billion in profits after being bailed out for wrecking the economy.

And blaming everyone for this mess is retarded. I bought one house which I still own, I bought it to live in. The vast majority of the middle class and lower had fuck all to do with this dirty shit but they are paying the price. Also, even if we went with your logic the poor bank made a couple billion less than they should while 1 in 4 American families couldn't afford food at some point in the last year. Unbelievable man, you need to think about this a little further than "My house went up and everyone was trying to cash in, it's all of our faults!"

mynameisjim 10-26-2011 01:20 PM

Just a quick note about whose fault it is for the home loan default issues brought up in this thread.

In that scenario, the banks were the professional entity so the burden of responsibility is on them. The borrower is the lay person.

It's exactly the same if you were to go to a doctor and he prescribes you a deadly combination of medicine. Is it your fault for not reading up on the medicine he prescribed? Of course not, the doctor is a professional and therefore the burden of responsible behavior is on him.

It's been a basic rule of our society that the professional entity in any transaction carries more burden of responsibility than the lay person in that transaction.

If I walk into a local bank and ask for a $1 billion dollar loan and they give it to me. Then when I can't pay it back the bank goes out of business, is that my fault or is that the bank's fault?

Not to mention, the reason the banks were giving out those terrible loans is because they just needed the loans to perpetuate their scam of reselling the loans over and over again.


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