HowardMortgage Backed Security Madness, Again
August 31st 2007 00:26
The mortgages crashed, you heard about that. The MBS and real estate bubble crashed too. That was a giant Ponzi scheme, including MBS bought by China and India investors. You know, Chinese Communist party billionaires bought US MBS (Mortgage Backed Securities). Foreclosures are the big business now. Countrywide Mortgage Brokers were bailed out by $11 billion, a bigger bail-out than in 1998 of LTCM. The system is finished folks. We have to create a bottom to the depression, or there will be no bottom. There will be a dark age, of collapse of home. Moves toward dictatorship and war adventures will only ACCELERATE the collapse. We need a new agreement on a no speculation financial system, and a stable dollar.
So, my patriotic flag-waving friends, cut it out. We need Russia, China, India. We cannot allow the British Empire apparatus create another Cold War. We need them, but they need us as well, because they know that if the dollar goes under, they are also broke.
And if you want to know how terrorism is really run, who is really supporting the Sunni counter-gang in Iraq. Is it Iran, no that is impossible, they are with the Shiites. It is the British Aerospace Enterprise (BAE) apparatus, together with their Saudi, and Israeli and other friends. This is not top secret, you have Amb. Khalilizad from Bush's own admin., at the UN alluding to this. Stop getting screwed by a bleepin British countergang, they have been doing this since giving booze and guns to the American Indians, to attack the Amer. colonies, before the American Revolution. Doesn't anyone read history anymore?
This is beginning to sound like the guy at a bar, with a live frog, trying to pick up a girl, telling her the frog can...do stuff... (Anybody know that one?)
So, my patriotic flag-waving friends, cut it out. We need Russia, China, India. We cannot allow the British Empire apparatus create another Cold War. We need them, but they need us as well, because they know that if the dollar goes under, they are also broke.
And if you want to know how terrorism is really run, who is really supporting the Sunni counter-gang in Iraq. Is it Iran, no that is impossible, they are with the Shiites. It is the British Aerospace Enterprise (BAE) apparatus, together with their Saudi, and Israeli and other friends. This is not top secret, you have Amb. Khalilizad from Bush's own admin., at the UN alluding to this. Stop getting screwed by a bleepin British countergang, they have been doing this since giving booze and guns to the American Indians, to attack the Amer. colonies, before the American Revolution. Doesn't anyone read history anymore?
This is beginning to sound like the guy at a bar, with a live frog, trying to pick up a girl, telling her the frog can...do stuff... (Anybody know that one?)
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Comment by S.L.
The Political Brief
Maybe you should aim some blame at John Edwards... He invested in some schemes to try to "understand the poor" as they lost their homes. He profitted quite nicely as those duped into "adjustable rate mortgages" lost their homes. Some friends of mine wanted desperately to buy their dream house. The "adjustable rate mortgage" went from the first few payments of $900. to a staggering $1300. for the next few years, to more than $2000. for the last 300 payments. They were very wise to decline! It would have bankrupted them! But isn't that what was intended? Make all the money you can from the suckers and then take the house back to resell to other suckers. No wonder it failed in the longrun. It was a terrible idea and smacks of the opportunistic liberal mentality. As with all scams it couldn't last. Now we get to deal with the consequenses of allowing such criminal usary to begin with. Shame on everyone who didn't raise hell when they saw it coming. And plenty of people saw it and profitted from it! Abandoning the War onTerror won't make it better, Howard. It will just add new and even uglier problems.
Comment by Howard
Real Crash
Comment by S.L.
The Political Brief
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Real Crash
Comment by S.L.
The Political Brief
Comment by Howard
Real Crash
Comment by S.L.
The Political Brief
Comment by Howard
Real Crash
Military action can be necessary. What is insane, is endless occupation.
Comment by S.L.
The Political Brief
If you honestly believe that removing Dick Cheney will solve all our problems, you shouldn't be worried about anything. After all, the election is only a little over a year away. You do know that Cheney isn't running in '08, don't you? Depending on who wins the election, we may have much bigger problems to deal with than the ones we now face. In time, we may all look back and wish Cheney had run and won!
Comment by S.L.
The Political Brief
Comment by Howard
Real Crash
Comment by S.L.
The Political Brief