Topic: fkkkkkk obongo and all the idiots that love him (Read 5492 times)

random-strike · « **on:** March 24, 2009, 11:32:53 PM »

http://news.yahoo.com/s/nm/20090325/bs_nm/us_financial_aig

Quote

WASHINGTON (Reuters) â€“ The Obama administration on Tuesday mounted a full-scale push for government authority to shut down troubled institutions like insurer AIG to avoid the need for future bailouts.

U.S. Treasury Secretary Timothy Geithner, testifying before lawmakers still fuming about big bonuses for executives at bailout recipient AIG, called on Congress for new powers to take over big non-bank financial firms that run amok.

House Republican leader John Boehner told reporters the Treasury's request for authority to shutter non-banks sounded like "an unprecedented grab of power."

DmC · « **Reply #1 on:** March 24, 2009, 11:38:43 PM »

Yeah it's the begining of the end. Obamas the antichrist.

widebody93 · « **Reply #2 on:** March 24, 2009, 11:46:21 PM »

Not antichrist
Pro Hitler but in a African way

DmC · « **Reply #3 on:** March 24, 2009, 11:47:29 PM »

Quote from: widebody93 on March 24, 2009, 11:46:21 PM

Not antichrist
Pro Hitler but in a African way

It's the African American way.

TTC · « **Reply #4 on:** March 24, 2009, 11:55:32 PM »

Hes gonna pull your pants down and give you a paddlln

E-b0la · « **Reply #5 on:** March 25, 2009, 12:02:50 AM »

We're in for it now, I'm just wondering when the shit is going to hit the fan.

On a side note did anyone listen to his bullshit press conference tonight?

random-strike · « **Reply #6 on:** March 25, 2009, 12:04:18 AM »

Quote from: E-b0la on March 25, 2009, 12:02:50 AM

We're in for it now, I'm just wondering when the shit is going to hit the fan.

On a side note did anyone listen to his bullshit press conference tonight?

helllll no, i just like looking at my case(s) of wolf

Urban Indian · « **Reply #7 on:** March 25, 2009, 12:17:38 AM »

I agree with it

why bailout a company this year

to bail it out again next year after all the executives have been paid out?

Socialism

Corey · « **Reply #8 on:** March 25, 2009, 12:21:48 AM »

who the fuck does the govt think it is that it can just take over businesses?

how about this STOP GIVING THEM FUCKING MONEYAND LET THEM FAIL.

DmC · « **Reply #9 on:** March 25, 2009, 12:25:49 AM »

Quote from: Corey on March 25, 2009, 12:21:48 AM

who the fuck does the govt think it is that it can just take over businesses?

how about this STOP GIVING THEM FUCKING MONEYAND LET THEM FAIL.

Thats exactly what was needed in the first place.

widebody93 · « **Reply #10 on:** March 25, 2009, 12:34:01 AM »

SRSLY asking

If the banks did fail that owned our mortgage. Who would we have to send the payments too? And if the answer is no one that you may spit out. The banks that didnt fail and people whos mortgages are still active do you see that being fair?

I say the luck of the straw would be my final answer the my own question.

Just wondering how you would feel if you had to pay and your neighbor was lucky and their bank closed out.

Corey · « **Reply #11 on:** March 25, 2009, 12:36:58 AM »

it doesnt work like that. other companies buy the mortgages from them. you dont get a free house out of it.

DmC · « **Reply #12 on:** March 25, 2009, 12:38:04 AM »

Quote from: widebody93 on March 25, 2009, 12:34:01 AM

SRSLY asking

If the banks did fail that owned our mortgage. Who would we have to send the payments too? And if the answer is no one that you may spit out. The banks that didnt fail and people whos mortgages are still active do you see that being fair?

I say the luck of the straw would be my final answer the my own question.

Just wondering how you would feel if you had to pay and your neighbor was lucky and their bank closed out.

It Doesn't work like that. another bank buys the loans from the failed bank and the money goes to pay back the debt of he bankrupt bank.
None would get a free house out of it.

DmC · « **Reply #13 on:** March 25, 2009, 12:38:35 AM »

Quote from: Corey on March 25, 2009, 12:36:58 AM

it doesnt work like that. other companies buy the mortgages from them. you dont get a free house out of it.

LOLZ

widebody93 · « **Reply #14 on:** March 25, 2009, 12:40:07 AM »

Im sure Obama would have new legislation made just as quickly as they did with the Big AIG bonus scandal.

Corey · « **Reply #15 on:** March 25, 2009, 12:40:28 AM »

Quote from: DmC on March 25, 2009, 12:38:35 AM

Quote from: Corey on March 25, 2009, 12:36:58 AM
it doesnt work like that. other companies buy the mortgages from them. you dont get a free house out of it.
LOLZ

that was weird haha

widebody93 · « **Reply #16 on:** March 25, 2009, 12:45:12 AM »

Two great minds think alike. I was just throwing a possible scenerio that the way things have been happening is a possibility.

random-strike · « **Reply #17 on:** March 25, 2009, 01:21:00 AM »

Quote from: widebody93 on March 25, 2009, 12:45:12 AM

Two great minds think alike. I was just throwing a possible scenerio that the way things have been happening is a possibility.

if no one bought the loans maybe, but there is always someone to buy the loans. its my dream to have my bank fail and me get a free house. lol

rsmith2786 · « **Reply #18 on:** March 25, 2009, 01:27:26 AM »

Peggy the Plumber, plumbing the depths of your wallet!

Jorsher · « **Reply #19 on:** March 25, 2009, 01:34:18 AM »

http://www.southparkstudios.com/episodes/207897

rsmith2786 · « **Reply #20 on:** March 25, 2009, 01:36:19 AM »

I accidentally my mortgage. The whole thing.

1991civicsi · « **Reply #21 on:** March 25, 2009, 01:55:03 AM »

Barack Obama - Antichrist

5thgenlx · « **Reply #22 on:** March 25, 2009, 03:53:36 AM »

this is the blackie revenge for slavery. ending the world...without a second thought

crxtuner · « **Reply #23 on:** March 25, 2009, 07:07:57 AM »

Quote from: widebody93 on March 25, 2009, 12:34:01 AM

SRSLY asking

If the banks did fail that owned our mortgage. Who would we have to send the payments too? And if the answer is no one that you may spit out. The banks that didnt fail and people whos mortgages are still active do you see that being fair?

I say the luck of the straw would be my final answer the my own question.

Just wondering how you would feel if you had to pay and your neighbor was lucky and their bank closed out.

/yourself

Bank gives you loan>

Bank sells loan to different investment firms, mutual stock companies, etc. most of which are on wall street>

Wall street investors gets their money from people/companies in the country or from the European Union/China etc.>

When someone defaults on their mortgage the bank forecloses and sells it off to recover initial investment+added%/ or just attempt to recover their investment in order to continue work with other investors/not go broke>

When BANKS default on their loans, because their investments are no longer worth what they valued them to be, then all the capital that they have invested, results in the economic climate like today's.

No matter what, your loan is owned by someone, to think of an institution in it own entirety as a whole with no other attachments is to basic of thinking and means you need to read something other then the comic section of the newspaper. But in your case it wouldn't matter because you most likely couldn't filter out the false information anyways.

Education>fatbody

junkyard racer · « **Reply #24 on:** March 25, 2009, 07:56:37 AM »

Its really a pretty big massive scam. If you owe me money that I loaned you (case at hand, a large sum of money) and then I died, would you pay my wife back? probably not.

BlackDragon · « **Reply #25 on:** March 25, 2009, 08:12:22 AM »

Quote from: junkyard racer on March 25, 2009, 07:56:37 AM

Its really a pretty big massive scam. If you owe me money that I loaned you (case at hand, a large sum of money) and then I died, would you pay my wife back? probably not.

yes you would. If we had an agreement that was legal and set on papers with proof to back it I would have too. If it was a handshake no I wouldn't. But if lets say I brought a car from you got had it in writing with payments I had to make and sign and you die I am still obligated to owe you the debt. Its called probate. I would have to pay the money to your wife because she is your survivor and next the next heir to your name.

Now it would have to be public and your wife would have to demand the payment. So technically yea I could still have to owe you money if your wife demanded it if it was on public record.

AWDstylez · « **Reply #26 on:** March 25, 2009, 09:27:38 AM »

Quote from: crxtuner on March 25, 2009, 07:07:57 AM

Quote from: widebody93 on March 25, 2009, 12:34:01 AM
SRSLY asking

If the banks did fail that owned our mortgage. Who would we have to send the payments too? And if the answer is no one that you may spit out. The banks that didnt fail and people whos mortgages are still active do you see that being fair?

I say the luck of the straw would be my final answer the my own question.

Just wondering how you would feel if you had to pay and your neighbor was lucky and their bank closed out.
/yourself

Bank gives you loan>

Bank sells loan to different investment firms, mutual stock companies, etc. most of which are on wall street>

Wall street investors gets their money from people/companies in the country or from the European Union/China etc.>

When someone defaults on their mortgage the bank forecloses and sells it off to recover initial investment+added%/ or just attempt to recover their investment in order to continue work with other investors/not go broke>

When BANKS default on their loans, because their investments are no longer worth what they valued them to be, then all the capital that they have invested, results in the economic climate like today's.

No matter what, your loan is owned by someone, to think of an institution in it own entirety as a whole with no other attachments is to basic of thinking and means you need to read something other then the comic section of the newspaper. But in your case it wouldn't matter because you most likely couldn't filter out the false information anyways.

Education>fatbody

He might actually understand this, it has cartoons and shit.

The credit crisis as Antarctic expedition

Then there's the subprime primer, the best cartoon explanation ever...
http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true&pli=1

BoostedSchemes · « **Reply #27 on:** March 25, 2009, 09:37:55 AM »

this site is full of retards who barely scraped by in high school and think that the world beyond a 15$/hour wage is some kind of conspiracy
its fucking retarded some of the shit you morons think

Conceptz-X · « **Reply #28 on:** March 25, 2009, 07:55:07 PM »

Quote from: BoostedSchemes on March 25, 2009, 09:37:55 AM

this site is full of retards who barely scraped by in high school and think that the world beyond a 15$/hour wage is some kind of conspiracy
its fucking retarded some of the shit you morons think

+1

random-strike · « **Reply #29 on:** March 25, 2009, 11:08:46 PM »

News:

Author Topic: fkkkkkk obongo and all the idiots that love him (Read 5492 times)

junkyard racer