BF2S Forums When noone is making income who will be taxed?

usmarine wrote:

ATG wrote:

It wasn't his industry that mandated mortgages to low income minorities. That'd be politics.

well according to most that is not true.

but, they should have quit instead of doing what they did right?  but oh no, they rake in the money and you people find no blame in them.  nope, just blame the govt.

Flecco wrote:

Whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaat the fuck Pug.

Maybe the Zapista (sp?) movement deserves support.

usmarine wrote:

Kmarion wrote:

usmarine wrote:

well according to most that is not true.

but, they should have quit instead of doing what they did right?  but oh no, they rake in the money and you people find no blame in them.  nope, just blame the govt.

Mortgages were bought and sold on the secondary market. Some of those mortgages were (supposedly) backed by the government. That insurance turned out to be meaningless.

yes but many people have come forward and said they knew what they were doing was wrong

Kmarion wrote:

Yea there are those as well. Like most hings in life, it's a little of this and a little of that.

KEN-JENNINGS wrote:

cpt.fass1 wrote:

Seriously so many people are out of work, which is going to put more people out of work and so on.. When nobody out there is employed how with the government agency's get paid? Will we see an increase of all of our taxes to keep the politicians afloat?

The "government" will actually be a panel of a select few descendants of old school scions of business such as the Rothschilds and Rockefellers who will rule the massively reduced population through a series of organizations with names dripping of doublespeak and with clearly malicious intent.  The role of the masses will be reduced to simple menial labor and other mindless tasks that serve to further enslave what little remains of society.  The "government" will be funded solely by the aforementioned scions from capital they have been accumulating and hoarding for the last few centuries in a secretive bid to dominate the planet and make the elusive yet appealing step of colonizing other planets.  If (and when) the scions and their descendants have successfully moved to another life-supporting planet they will shed their outer shells to be seen as their true lizard-form identities, at which time what is left of human civilization will reset at about the same point as the Stone Age, with far more intellect but incredibly diminished resources.

usmarine wrote:

Kmarion wrote:

Yea there are those as well. Like most hings in life, it's a little of this and a little of that.

understood.  but, when you look at it closely, they share a huge part of the blame.  i mean, you really cant blame this on someone cutting lawns, collecting trash, or putting out fires.  people who work on honest days work get fucked by those con artists who sold no money down loans and shit like that.  sure the govt and corporations are to blame also, but when it comes down to the individual worker, not many can say they were involved in the housing issue except those handing out the loans.  if they didnt know, then they were too stupid to do the job in the first place.

Kmarion wrote:

usmarine wrote:

Kmarion wrote:

Yea there are those as well. Like most hings in life, it's a little of this and a little of that.

understood.  but, when you look at it closely, they share a huge part of the blame.  i mean, you really cant blame this on someone cutting lawns, collecting trash, or putting out fires.  people who work on honest days work get fucked by those con artists who sold no money down loans and shit like that.  sure the govt and corporations are to blame also, but when it comes down to the individual worker, not many can say they were involved in the housing issue except those handing out the loans.  if they didnt know, then they were too stupid to do the job in the first place.

It takes two parties to commit to a contract. There is plenty of blame to go around.. the guy cutting lawns at 25 bucks a pop should have a bit of personal responsibility. Life is full of temptations and just because you were presented with something it does not mean you have to take it. And honestly my experience has shown that those who claim complete ignorance (collecting trash and putting out fires) were actively seeking out bigger and less affordable loans. Both sides were dooming themselves equally.

Kmarion wrote:

They've removed themselves.. as in mostly unemployed and are now missing their own house payments.

Kmarion wrote:

They've removed themselves.. as in mostly unemployed and are now missing their own house payments.

usmarine wrote:

Kmarion wrote:

They've removed themselves.. as in mostly unemployed and are now missing their own house payments.

yes they did.

AFTER bringing the economy down.

usmarine wrote:

but to dismiss the con artists taking advantage of it is downright stupidity.

usmarine wrote:

Kmarion wrote:

With their borrowing partners and under government mandated tending practices/incentives.

look.  you can play this game all you want.  the loan companies are just as culpable as the govt.  i have no idea why they dont get just as much blame and hostility.

Kmarion wrote:

ATG wrote:

Bush can make no claim to have done anything to avert this crisis.


A Home Of Your Own

http://www.youtube.com/watch?v=QYvtvcBKgIQ

I am aware of that. (Kinda puts the kabosh on George Bush doesn't like black ppl). However, putting a policy in place that pretty much promoted foregoing standard credit practices (mostly to make government quotas) has a much greater fallout then what the Bush plan would have done. In fact some of those plans were already available when he was trying to sell it..

<insert standard "Bush is still an idiot" reply for ATG.>