Thread: Lawyers...
View Single Post
  #22   Report Post  
posted to rec.boats
nom=de=plume[_2_] nom=de=plume[_2_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default Lawyers...

"Mike" wrote in message
...
On Apr 29, 12:01 pm, "nom=de=plume" wrote:
"Mike" wrote in message

...
On Apr 29, 6:18 am, bpuharic wrote:



On Wed, 28 Apr 2010 19:22:17 -0700 (PDT), Mike
wrote:


On Apr 27, 7:11 pm, bpuharic wrote:
On Tue, 27 Apr 2010 17:41:42 -0400, John H
wrote:


no wonder the rich hate lawyers. they've prevented any protection for
the middle class...and they want to gut the last vestiges of any
protection at all


Would you please do us all a favor and get off your "the middle class
got screwed kick"?


I'm "middle class" but don't whine like a bitch, like 99% of you're
posts do. Get over it, for Christ's sake.


ROFLMAO!! glenn beck cries rivers about the poor rich.


canucks and others here telll us how we MUST suck the cocks of the
rich because americans are REQUIRED to protect them and make them feel
good


*You* relied on the Wall Street pigs to "gamble" your money (401K
plan).


uh, no. me and 100,000,000 others did as we were told by the rich


-we worked hard
-we gave up our pensions to the rich
-we used the ONLY retirement vehicle open: 401k's


and we got screwed. all of use. the average drop in 401k's in the last
3 years was 35%


8,000,000 jobless. foreclosures at a record...


Maybe, just maybe, it's not always somebody else's fault. Take a hard
look in the mirror.


more right wing bull****. blame the victim. it's NEVER the rich, you
see. THEY didn't invent CDO's. it's the fault of the middle class;
although, as conservative david frum pointed out, the middle class
hasnt had a pay increase in


TEN YEARS


so tell me...how is it the fault of the middle class?


Doesn't matter though; you're brainwashed. Carry on with your ranting
and raving.


*You* got screwed. We get it.


Good grief :)


yeah. the problem with the right is they deny there's a problem.
caused by the unregulated free market.


they have their delusions. i have the facts
As much as I can't stomach some of the sleezy losers on Wall Street,
including the banks that endorsed creative BS financial tools like
CDS's, do you honesty think we, as middle class, were not somewhat
responsible for the record foreclosures, as you've claimed?


Yes. I think many people over-extended themselves without really thinking
about it as much as they should. That doesn't absolve WS for lying and
cheating though.

I know people that were fully aware should not be trying to take out a
loan for a $450K+ house but did so anyway. Also know people that
purposely faked their true incomes to get the loans. And, many were
on a "home-flipping" spree and bragging about it during the housing
bubble. They knew what they were doing.


I know people who were leveraged up to the Empire State's roof line. One
couple bought 20 houses across the country. They're now bust. They didn't
fake income, however.

If you knew people that faked income or committed some other kind of
fraud,
did you turn them in? Probably not, so you can't be blameless either.

But, according to you, it wasn't their fault. They were the "victims".


Give me a break.


*Many* were responsible for the housing bubble and subsequent crash.
Including us regular Joe's and Jane's. But also people like your
beloved Dems in Congress, namely The Honorable Congressman Barney
Frank.


Yes, there's blame to go around. I think we get your point. Now, as to
solutions... WS needs regulation. Banks need regulation, but your beloved
Republicans were blocking (up until yesterday) even debate on what should
be
done. Instead they wanted "backroom" deals first.


I haven't followed all the recent political crap of late, but can
offer this:

isn't it already being regulated without the Government's formal
intervention in the form of reform?

One can have a firm, fixed income in the 6-figure range, a reasonable
income to debt ratio, a 750 credit score and *still* can't get a loan.

Those that do obtain loans have to go through a colonoscopy to get
one.

Mike



Not regulated enough, apparently. You're right about the can't get a loan
part. It's a pill for everyone.