Occupy Wall Street: Not on major media but worth watching!

[dagnabit]

here we are off on DB context tangent rather than address the connections to GLB or the credits system being perverted by bundling...

you really are fucking useless.

your lack of understanding of the inner workings of the CRA is blatantly obvious by your inability to comprehend the three separate points.

you are out of your depth.
go back to your partisan hacksmnship and leave actual discussion to to your betters.

care to address the relationship to the CRA and the signing of GLB?

'course not your much more comfortable with trying to steer toward arguing over context.


just fade away son..
once again you re making a clown of yourself.

 

[DiscoBiscuit]

You can state your opinions, just not as rebuke to the absence of private lender due diligence.

I'll say it again, no law, rule or regulation directs private lenders on an individual loan application basis. The lender's the only peep in the chain to do it. Even if lending standards are lowered, private lenders may refuse any individual they choose, so long as they're not red lining the applicant or attempting any other restrictions like race, creed, ethnic origin, etc.

The ghost of ACORN could line up South Central LA at the lender's door and the lender could refuse every single applicant, just not based on red line tactics and other restrictions.

In the end, what part of private-lenders-not-applying-any-standards-to-sub-prime-borrowers do you not get?

Do you not recognize that reduced government lending standards becomes a non-factor (when what's actually applied by the private lender is no standard at all?)

IMO, you get it just fine. You just can't prepare yourself enough to recognize that private lenders defrauded borrowers, bundlers, securities, and insurance, with (get this) ZERO endorsement from lawmakers.

The reason you can't get past clouding the argument is because you resist the remedy. The private lending industry has to be reformed so that lenders resume qualifying loan applicants.

 

[juicepuddle]

yawn

 

[In~Plain~Site]

12 million dollars being doled out to 2 executives(6 million each)at Fan/Fred, performance bonuses?!?!?!?!?!

140B in outstanding 'loans'(they'll pay it back, honest ingin) and another 100M slated for their coffers.

And the private sector rubs your ass the wrong way?

 

[Headbandf1]

Second Occupy Wall Street News Update of the Day: A New York Supreme Court Justice has reversed the restraining order requiring the city to allow Occupy Wall Street protesters and their tents to return to Zuccotti Park.

Justice Michael D. Stallman ruled against extending the order issued earlier today by Supreme Court Judge Lucy Billings, who was later revealed to be a former longtime ACLU lawyer.

“The court is mindful of movants’ First Amendment rights of freedom of speech and peaceable assembly,” Judge Stallman wrote in his ruling. “[But] even protected speech is not equally permissible in all places and at all times.”

Protesters will be allowed to return, but their tents will not.

Hundreds were gathered outside Zuccotti Park awaiting the final decision. Watch a livestream from the scene after the jump (caution: video autoplays):

Click to see more… »

 

[Dudesome]

you guys are nuts!!!

 

[dagnabit]

is it worth the time to educate DB on how the CRA works?
i think not.
when you spend time teaching someone something just to have them remain willfully ignorant out of obstinance is not rewarding.
some morons don't have the capacity to understand nuance.
he rambles on and on about lenders due diligence. not realizing how the CRA credits system encouraged(if not demanded)that corps like GS make X amount of CRA qualified loans if they wanted to merge with/buy a company like countrywide.

some people are stuck on stupid.
like the type who you have to prove wrong 6 or 7 times on something before they finally admit they had no fucking clue what they were talking about.

you know like the same brilliant type of person who tells everyone a thousand times how GLB is the true reason for the mess but refuses to discuss the relationship of the CRA(the moron continues to refer to as the crs)

dude i used to have a modicum of respect for you and even thought some of your ideas were well reasoned.
now i realize you don't think at all just parrot mommy ariana.
FFS you argued the DEA thing and got schooled each time.
you said the pres cant create or destroy depts. and got schooled. yet tried the shit again a week later.
in this thread you were schooled about the CRA and lending standards. yet here you are 2 weeks later.

i bet money in 2 or 3 weeks you will be back to "congress created the dea"
but i can handle the tactic of bringing up something you have already been schooled on like you haven't.
but defending a fucking pedo prince of pop?
and your fucking incessant partisanship.
like the dems are somehow not owned by the exact same corps.
billy signed GLB but you defend him.
F&F backed bundles of junk(but them got confused)
over the top bonuses for F&F execs? you have an excuse.
your just a mouthpiece
you have been dismissed.

your just not up to my level.

hell you don't even understand what purpose the red lines serve today.

 

[dagnabit]

12 million dollars being doled out to 2 executives(6 million each)at Fan/Fred, performance bonuses?!?!?!?!?!

there will be some excuse from the cheergirl...
i wonder if it'll be "they were confused" again?


maybe it'll be "bush did it"

what a joke

 

[In~Plain~Site]

I just want to know how you attack one and make excuses for the other...and he thinks I'm the enigma...lol

 

[The iD]

lawmakers innocent: http://www.washingtonpost.com/natio...-freddie-mac/2011/11/16/gIQAzYiORN_story.html

loafers fault. only predicates. frosty,

-iD

 

[In~Plain~Site]

The whole manwhore madam at his pad thing makes so much sense now.

 

[Hydro-Soil]

“The court is mindful of movants’ First Amendment rights of freedom of speech and peaceable assembly,” Judge Stallman wrote in his ruling. “[But] even protected speech is not equally permissible in all places and at all times.”

And the squabbling over who gets to choose the pin striping continues.... oblivious to the sudden stop coming up soon.

Stay Safe!

 

[DiscoBiscuit]

12 million dollars being doled out to 2 executives(6 million each)at Fan/Fred, performance bonuses?!?!?!?!?!

140B in outstanding 'loans'(they'll pay it back, honest ingin) and another 100M slated for their coffers.

And the private sector rubs your ass the wrong way?

So the poop fetish dislikes GSEs.

Swear to gawd. That 12M could have funded one bonus in the private sector, 8 years ago.

 

[DiscoBiscuit]

I just want to know how you attack one and make excuses for the other...and he thinks I'm the enigma...lol

GSEs don't pencil profit to so-call 'justify' bonuses.

We don't you two get together and take a collective dump on this thread. Then y'all can stand back and marvel how two working together do more than the sum of your individual piles.

 

[DiscoBiscuit]

go back to your partisan hacksmnship and leave actual discussion to to your betters.

That's a streeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeetch.


If private lenders ever start doing their jobs again, you won't have to point the finger of scorn in the wrong direction.

 

[dagnabit]

weighed measured and found wanting..

 

[dagnabit]

1.6 M to newt...

all above board though...

 

[DiscoBiscuit]

weighed measured and found wanting..

Which one told you that, all two?

1.6 M to newt...

all above board though...

They got ripped.

 

[dagnabit]

maybe they were confused again?

what a joke

 

[In~Plain~Site]

Oh look!

a shiny object!

exposed ...tsk tsk

So the poop fetish dislikes GSEs.
Swear to gawd. That 12M could have funded one bonus in the private sector, 8 years ago.