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Reply #11: Financial Terrorist allowed to survive [View All]

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Giterdun Donating Member (6 posts) Send PM | Profile | Ignore Mon Oct-19-09 06:15 PM
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11. Financial Terrorist allowed to survive
The bankorist are only allowed to bankrupt the entire country with the assistance of our Congress and the watch dogs that allow it to happen.

How in hell did "toxic assets" bankrupt this country with (supposedly)no one seeing it coming? What was the main cause for the banking and S/L bailout in the 1990's? Over valued real estate mortgages (toxic assets). So how in hell were these bankers allowed to take this scheme to this level? How?

How did real estate values triple in the last 20 years when American income has been stagnant during this same period? What drove the market, besides fraud? How can the very same problem that caused all the banks to fail 20 years ago be the very same problem that bankrupted the entire country?

How do these people say no one could of seen this coming when it was obviously enviable? There is NO WAY in hell real estate prices can keep going up and up if Americans aren't earning more to sustain the growth.
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  -Start calling the Banksters Terrorist AllentownJake  Oct-19-09 04:49 PM   #0 
  - Financial Terrorists  Rick Myers   Oct-19-09 05:27 PM   #1 
  - And when some wackadoodle murders one you will sleep better at night  NNN0LHI   Oct-19-09 05:32 PM   #2 
  - The other side doesn't seem that concerned with language they use  AllentownJake   Oct-19-09 05:34 PM   #3 
  - Well, I wouldn't lose any sleep over it. Bankers are scum.  anonymous171   Oct-19-09 05:35 PM   #4 
     - We are supposed to worry about the well being of the people bankrupting  AllentownJake   Oct-19-09 05:37 PM   #5 
        - My sentiments exactly. I really don't care what the mob does to them. nt  anonymous171   Oct-19-09 05:43 PM   #6 
  - This is stupid.  SIMPLYB1980   Oct-19-09 05:44 PM   #7 
  - Hedge Fund Hyenas...  lib2DaBone   Oct-19-09 05:54 PM   #8 
  - Geithner, Summers, and Bernake are part of the group  AllentownJake   Oct-19-09 05:58 PM   #9 
  - K&R. Max has it right.  OnceUponTimeOnTheNet   Oct-19-09 06:09 PM   #10 
  - Financial Terrorist allowed to survive  Giterdun   Oct-19-09 06:15 PM   #11 
  - Welcome to DU!  OnceUponTimeOnTheNet   Oct-19-09 07:40 PM   #12 
  - I started calling them that last year  notesdev   Oct-19-09 07:46 PM   #13 
 

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