For Tiny...great article on income inequality

[WTF]

Originally Posted by lustylad

Tiny knows how to run with the Big Dogs. Why don't you invite Captain Midnight and/or ex-CEO to comment too? Then you could butt out and go back to swimming with the minnows.

Of course, if you had any intellectual heft at all you would've quoted from the article and explained where you agreed/disagreed and why.

The fact that you couldn't even do that reveals how shallow, trollish and riddled by ADD you are.

Thank you Tiny...unfortunately I did not read your nonsense.

Damn , I didn't realize Tiny has become stupid as fuck.

[The_Waco_Kid]

Originally Posted by WTF

Tiny Wacko Kid....thank you for your ignorance.

May I suggest you read The Big Short.

It's not about God and your IQ...though it'd also be a appropriate title.

"The Big Short" doesn't blame the Gov sparky Einstein the cat herder. it blames the greed of lenders. how exactly is that the Gov's fault ... and how much did you lose? you sound like that guy cjohnny54 .. always blaming someones else for your mistakes

Originally Posted by WTF

Your name wasn't Tiny so do you think I took the time to read your nonsense?

if yous say so, sparky Einstein the cat herder.

[WTF]

Originally Posted by The_Waco_Kid

"The Big Short" doesn't blame the Gov sparky Einstein the cat herder. it blames the greed of lenders. how exactly is that the Gov's fault ... and how much did you lose? you sound like that guy cjohnny54 .. always blaming someones else for your mistakes







if yous say so, sparky Einstein the cat herder.

Thank you Tiny Wacko Kid for your ignorant input.

Moral Hazzard from the lenders?

You do understand the term Moral Hazzard in this context?

[oeb11]

ftw- Tiny posted he was leaving the forum.

Why - look in a mirror.

All this insistence on a poster no longer in attendance.

[The_Waco_Kid]

Originally Posted by WTF

Thank you Tiny Wacko Kid for your ignorant input.

Moral Hazzard from the lenders?

You do understand the term Moral Hazzard in this context?

yes i do Gordon Gekko .. er .. sparky Einstein the cat herder .. i'll give you yet another chance to 'splain how the greed of moral hazard is the Gov's fault .. we'll wait.

[Levianon17]

Originally Posted by WTF

Your name wasn't Tiny so do you think I took the time to read your nonsense?

Why hasn't Tiny responded to your thread and given you his opinion? So here's my opinion on that, you're like the fat ugly bitch at the far end of the Bar who seeks attention, you're just not fucking worth it, lol.

[dilbert firestorm]

ftw... Tiny is taking a break from the forum. who knows when he'll be back.


btw, you need a rectum cleanse.

[WTF]

Originally Posted by dilbert firestorm

btw, you need a rectum cleanse.

Stick out your tongue and get to cleaning!:mf_laughb ounce2:

[WTF]

Originally Posted by dilbert firestorm

ftw... Tiny is taking a break from the forum. who knows when he'll be back.

Originally Posted by Levianon17

Why hasn't Tiny responded to your thread and given you his opinion? So here's my opinion on that, you're like the fat ugly bitch at the far end of the Bar who seeks attention, you're just not fucking worth it, lol.

Your opinion means nothing....

John Mellencamp

[The_Waco_Kid]

Originally Posted by WTF

Your opinion means nothing....

John Mellencamp

if yous say so.

[WTF]

Originally Posted by The_Waco_Kid

if yous say so.

Teenie Tiny Wacko...5 thousand dollars. You tried to brag about 5k

[oeb11]

One Up Manship over that???
Very Sad and Insecure of ftw.

So Sad! What a Waste.

[The_Waco_Kid]

Originally Posted by WTF

Teenie Tiny Wacko...5 thousand dollars. You tried to brag about 5k

now much did you invest recently? you must have a vast fortune by now building those cheapo mansions on the backs of illegals you pay cash under the table to .. right??

and since you are certainly a savvy investor with your vast knowledge, you do know that 6,500 is the max individual IRA yearly contribution, yeah? so another year, another max out to my IRA. and my 401k at 25,000. throw in about 10k into other investment accounts and that's about 40k a year. more than many workers make.


BAHHAHAAAA

[WTF]

You are so insecure you try and post what you believe to be impressive 401k numbers.

Thank you valued poster...

[lustylad]

Originally Posted by The_Waco_Kid

Did you really just say that? yeah yous did. how exactly did the Gov induce it? by forcing lenders to be greedy and give mortgage loans to people they knew couldn't afford it? the borrowers knew they couldn't afford either.... aren't ya gonna blame them too??


i call that bad business decisions. you know why Bank of America had to acquire Countrywide Financial yeah? because it was cheaper to do so than not. BofA held so much bad paper from underwriting Countrywide it was dragging them down. if they absorbed Countrywide they could write off far more than if they hadn't.

You're right that BoA's decision to buy Countrywide ranks among the top ten worst business moves of all time (right up there with, say, the Time Warner-AOL merger). It cost CEO Ken Lewis his job. You're wrong to say they had to absorb 100% of Countrywide because it was "cheaper to do so than not" or because they wanted larger write-offs. That makes no sense. After paying $4.1 billion to complete the acquisition in July 2008 (on the eve of the financial crisis), BoA wound up paying out over $40 billion in legal settlements related to Countrywide's mortgage activities over the next 5 years.

There is plenty of blame to go around for the 2008/09 financial crisis. To blame it all on the Fed for supposedly "creating a housing bubble" is stupid and simplistic. It would be more on-target to blame quasi-government agencies such as Fannie Mae and Freddie Mac. They played a more central and direct role in encouraging looser underwriting standards throughout the mortgage industry.

And yes, the borrowers who stupidly and knowingly took out loans they couldn't afford deserve much of the blame too! Absolutely!