that is all well and nice...but this is GFY...and logic is not welcome here ok thanks

He's referring to the "paper-work irregularities" with some foreclosure proceedings. Not validity of who owes what.

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So your okay with five hundred people invading a local park in your city and camping out for an entire month, twenty-four hours a day? Can you imagine the amount of clean up involved? The damage? The health conditions?

Hey, whatever, it's only our tax dollars footing the bill for this crap.

The OWS isn't going to pay for the clean up, the damage, and the over time for the local cops. They raised $500k; The costs alone must be five times that if not more.

You bought the house you live in. Great. The guy next to you took out $80k and bought himself a new truck with it, and took his wife on that dream vacation. The guy next to him sold his house for twice what he paid for it, bought his wife new tits, bought himself a motorcycle, and then bought another house.

The vast majority of the middle class is what fuels the housing market.

Ever hear about Hooverville

I'd rather see some protestors living in parks in an attempt to fix what is wrong with the country, than have us return to this same mess in another 10 years and maybe end up with real tent cities on main street like they had in the great depression.

At the end of the day, we are responsible for our own actions.

Odd that you used doctors and medications as an example. My doctor gave me a prescription last week, a power, with instructions to take it orally - it's for my mouth. However, the pharmacist was really surprised, didn't understand why my doctor would prescribe this orally, and seemed uneasy giving it to me. I'm a smart guy, read the label, and it says "if swallowed called poison control. Wait a second - My doctor wants me to take this orally but if I swallow it I might be rushed to the ER? So I called my doctor about it.

The banks did nothing wrong here. People went to the banks, asked for a loan, qualified, and got a loan. Yeah, maybe they shouldn't have qualified for the loan, but banks don't make money if they don't give out loans. And when the banks can't loose, they'll hand out money to any one who is able to sign the loan paperwork.

I went to the bank, obviously qualified for a loan, bought a $220k house. Four years later I sold the house for $550k. What did the bank do wrong?

My buddy qualified for a loan for $170k, five years later the house is now worth $300k, so he refinances the loan and takes money out of the house. He qualifies for the loan because his house is worth more than the loan. What did the bank do wrong?

We are blaming this on the banks and Wall Street. Everyone fucking profited from this. Our industry profited from this too - people had spending cash because the economy, based on the perceived value of the housing marketing, was booming. No matter what industry you worked in, you benefited. Everyone was spending, everyone profited.

And no one one of us said "Oh, this is wrong".

This says it all. The banks not only did something wrong it was legally wrong, not just morally. Everyone agrees that the banks broke the damn law, gambled with our future and won while everyone else lost. I don't even hear this line from fanatical conservative Tea Party morons, you need to go look at what's really been going on for the last 10 years.

Who is everyone? You? Or is this your idiotic copout on top of the moronic diatribes you keep posting? Furthermore, earlier on you said this:

Which one is it? Probably illegal, definitely illegal, or you have no idea what the hell you're even typing? Typical of the idiotic left bitching, making shit up, and playing the blame game.

All it takes in 1 shot and things could get really ugly.

Peaceful or not it is Illegal, the permit ran out.

I think I will go rob a bank peacefully..

The cost of the police presence is a horrible argument. Police forces lobby governments too, mostly to ensure they're able to overhire and swell their ranks.

At a large liquour store near me (owned by the government) they'll have 5 police officers doing "pay duties" (read: double time overtime) all day, standing in the store, doing nothing. There is never a problem at the liquor store here. If there was, they could y'know.. Call the police, who would be there in 5 minutes.

Every time there are construction workers working on the roads here, it's legally mandated that police officers stand there, doing nothing. Usually 2 or 3 of them. "for the safety of the construction crews..."

They do everything they can to get as many hours in as possible, which is why we have a staggering number of regular police officers making SIX FUCKING FIGURES here.

If anything, the protesters are doing the police a favour. If you're mad at that, be mad at the police force. Without the protesters, they're hard at work every day of the year trying to waste our money any way they can anyways.

I remember the bank coming to my house and giving me Bags of cash, shoving it down my throat.

Now, I do agree that when you go in for a house loan, they "DID" try to give you a bigger one. I went in for a $350K loan, knowing this is what I was able to pay back, they said you are lucky you qualify for $500K, which I knew was Nuts. Same can be said with Car Sales men, and so on. These people are ADULTS, use you brain, are we getting that stupid, that the Gov has to hold our hand for everything?

The real issue should be
Why did people lose the jobs to not be able to pay the mortages back, AND
Why did we bail out the banks, which did not help the people.

This is in Union strong non right to work states?
We have the police unions here, but we are also a right to work state, so we do not see this here. The police do do private security in uniform, but the business has to pay. The rub, they pay $30 an hour to the police station, that pays the officer half :(

Shhhh, people like to believe it was the banks actually making the loans and not just initially funding them and selling them off to retirement funds while getting paid fees for putting it together and then only servicing it (for more fees) ...making it still look like their loan. Nobody talks about MERS anymore.

There was every incentive for them to push through as much garbage as they could.

To the person who asked if a bank still makes money in a foreclosure the answer is no. They do if they're only servicing the loan as the costs, with their fees on top, is paid for by the owner... or the multiple owners since shitty loans were securitized.

Both you dumb sack of shit. Just shut the fuck up, Dave.

The bank loaned me $220k to buy a house. I had no problem getting the loan; I was making over $100k a year plus my wife was working. Four years later I sold the house and raked in over $200k in profit. What did the banks do wrong?

Dude seriously, the fact that the banks were doing illegal shit all the way around is not a secret. People are losing jobs because this kind of corruption crippled the economy. Trying to give you a bigger loan than needed is not what I'm talking about, their dirty little secrets are public knowledge at this point so go look it up if you want to know what they were doing wrong.

I don't think the right to assemble means what you think it means. :2 cents:

You have the right assemble and the right to protest. However, you do not have the right to camp out in the middle of a city park for months at a time, smoke pot, and crap in bushes. There is a huge difference between the right to assemble and violating dozens of city laws.

What does your mortgage have to do with all of the corruption and illegal practices they were using on other loans? It was dirty through and through and that fact is not even contested at this point. Are we back in 2007 or something?

That's what permits are for, and I assure you I have one that allows me to crap in the bushes.

Rochard has a low iq ignore him.

Well, I am still trying to figure out what illegal shit the banks did to force people to get loans, or pay for inflated house prices? In the end still a decision made by an adult.

I am not saying the Banks did not do illegal shit and then we bailed them out, I WANTED them to FAIL.

Guess I nailed it. :2 cents:

You know a HUGE part of the problem is that nobody is talking about? The rating agencies. Since they were paid by these people that put these things together, and not the buyer, they felt they were under pressure to assign investment grade ratings to things they probably shouldn't have.

If you can get something rated investment grade you're golden and the rating agencies were all to happy to help you get there.

I'm sure the banks were doing something illegal. Like I said earlier, "business as usual".

But we keep blaming the banks when the truth of us all of us benefited from this. No one - NO ONE - went on the news networks and said "This is based on perceived value of the housing market, and it's going to crash, and it's going to crash hard". Everyone knows that real estate goes in cycles, but not one person stood up and said that we needed to stop it.

And still no one has done anything to stop this from happening again?

Not at all.

Our city union is on strike, and they are protesting daily. All thirty-nine of them. They protest from 9am until noon, every day, for the past month now. There was a little problem with them parking in my dentist's parking lot, but they put up a sign saying "customer only" blah blah blah problem solved. Great, the can sit out in the cold with their little signs all they want.

However, if they invite their extended families to camp out with them twenty-four hours a day for a month straight with no bathroom facilities, that's a completely different story.

Protest all you want. But if you fuck up other people's shit, then it's an issue.

Socks is right on the money here. The islands are full of vacationing cops who come down every 2-3 months to whoremonger like excons who just got released. They blow money like water, why... mucho overtime baby

This is a distinction that is lost on most of the people here.

people who sit at home on computers will always resent protestors, its just how it goes.

Dont expect much support for anything involving getting out there and doing anything, gfy is not the place for that lol

will always be haters against those who actually get off the sofa, they will encourage arrests, and violence against peaceful people never remembering that is what America is all about.

too bad the have no concept of american ideals or the freedoms that allow us to gather and protest.

Jubilee time.

I am, sadly, a keyboard warrior. I wish I could become more involved with local politics. My local home town has some issues (going broke, etc) and I'd love to jump in and get involved but I fear the first thing anyone will say is "pornographer" and then my child will be shunned. So I do my protesting from home.

In this case with the OWS movement, they don't have a objective or goal. They are all over the place, and in a lot of cases you have people protesting just because they like to protest.

Seems things are getting interesting in Oakland. No one can seem to make out what really happened last night. With social networking things get ugly quickly, and mis-information seems common. The protestors are saying the police used flash-grenades while the police say it was fireworks from protestors. Oddly enough, what's not being reported is that protesters attacked police to take back the part.

I just found a great video of one of our local GFY radicals sending a message to the Oakland PD. Is that you stocktrader23? :winkwink:

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh

Next week on Tosh.0

Umm, and who does the due diligence responsibility go to? You can cry "people lied" from the mountain tops until you're blue in the face and your balls freeze off; but here in the real world, the banks allowed these dirty practices to happen. Plain and simple..

What is hilarious is how you're trying to shuffle all of this on to people who lied on loan applications... and in the process you are making the banks out to be some totally incompetent group of the filthy rich who didn't know how much people were really making.

"Of liberty I would say that, in the whole plenitude of its extent, it is unobstructed action according to our will. But rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the right of an individual."

Thomas Jefferson

"The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite."

Thomas Jefferson

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. ... God forbid we should ever be twenty years without such a rebellion; what country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms." -- Thomas Jefferson

I remember this quote from college. and the professor who said it answered it.

Testosterone will never allow man to govern himself.

Holy shit that was comical.... I choked on my red bull.