It's not the point. The point is the "perception". That's what all the bullshit from Paulson is about. They are trying to alter the perception. You get caught in a riot someplace, and somebody clubs you in the head, he doesn't have to have a proper opinion for you to die, does he? We've been discussing this for months. You take a guy who always pays his bills - always handles his obligations. If he realizes he owes more on his home than it's worth, and he PERCEIVES he was mistreated, he's apt to walk. That doesn't make it right, but he'll do it anyway. Would I? I hope not. Would you? You can't answer it until it happens. But, remember, it's the perception. And the perception is already WallSt is dirty and greedy. And Patrick Byrne already had to address anti - Semitism. Go to Deepcapture.com and read, "come on folks. You're better than that." This will all be about emotion at the peak.
Agree 100%. This is one of those occasions where the true capitalists, true libertarians, and main street are all on the same side. The Wall Street fat cats, the mercantalist socialists like Pabst, Landis82, John Maudlin, Jim Cramer etc - those who preach social Darwinism for ethnic minorities and poor people, then preach welfare only for the multimillionaire con artists and capitalist failures, are on the other side.
Aren't these protestors just wacked nutjob leftie hippie commie anti-americans? Likely tree huggers and enrivo-terrorists who just need to get a job. People who are howling at the moon socialists? That's the standard line in American, no??
Those picketers. Maybe next time they will tell Mozillo and their Real Scam Estate agent to go f&** themselves when they jack up the price or try to palm off some teaser rate loan. What needs to happen is people stop jacking up the price on homes., and the buyers need to say I won't pay up, you live in that rat trap. F&*$ the RE agents, they are overpaid leeches, always were. I blame the homebuyer for all of this. They are no better than the clowns that pay any price for a stock until it collapses back to value.
I thought Hillary already took away 2nd Amendment rights in NY. Either way you might be glad you have that gun eventually.
When will the media realize they are not "home owners" but "Mortgage Debtors" that either didn't read what they were signing, or knew and didn't care? And " getting all worried about their safe-deposit boxes if there was a breakin." This is already happening BY THE BANKS! My father's neighbor had a safety deposit box where he kept his stock certs and his paid off home mortgage certificate. He paid his box rent every month in person in cash at the branch. 5 years ago the bank gave his certs to the state and shredded his mortgage certificate. He lost around $100,000.00 on the value of the stock and is going through hell trying to get his docs for his house replaced. The bank is being complete jerks. He asked for his box rent back since the box was empty for the last 5 years..."Nope, it was dedicated to you, so we couldn't rent it to someone else." The lunatics have taken over the asylum. The $100,000.00 loss is the value of appreciation of what the state sold them for to what they are valued at now.
There has to be more to that story you aren't privy to or failed to mention. Something doesn't add up..
i`ve got my 9mm as well & am prepared to use it should need be. like i`ve been saying during the summer of `07.....`08 will be a repeat of the `70`s stag bear.......the big ole stag bear is walking down main st. with a sodomized goldie lox under his arm. hairstyles,clothing,music,war,desert boots & heroin all made the comeback & are here right now....................banks set the trap & the people took the cheese....now the people are left standing without a chair when the music stopped & are trapped big time. banks getting bailed out....people getting sold out.....same old shit with TJ`s statement reigning supreme. Thomas Jefferson's Warning To America "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."