Can't see that racism has much to do with this thread's opening theme One could take a closer look at Greenspan's lack of banking controls ( self regulation is never likely to contain the greed ) to find a few answers
Promise? My guess is that your "word" means absolutely NOTHING and that you will continue to follow me around like the little "puppy-dog" that you are . . . be it with this screen-name or an alias. You're unable to use the IGNORE feature because you have no other life than to follow me around on ET. Keep crying "wolf" Little Boy. No one cares.
He sent me some PM's recently as well. That gay uh sorry guy has some serious issues. Loony82 wouldn't recognize truth, reality or logic even if you rolled them up together in a tube and shoved it up his ass. (although I'd guess he would enjoy it)
Exactly. Bugscoe is just a blowhard. All talk, and no action. This has been going on for months, and yet he hasn't done a damn thing about it. He just keeps posting on ET as if that is some sort of a meaningful endeavor. http://www.elitetrader.com/vb/showthread.php?s=&postid=2382656#post2382656 Here Landis the Freak is criticizing Bugscoe for posting on a message board too much and doing nothing!!!!! When I read that I almost fell off my chair. This is one the dumbest posts I have ever read here. The guy(?!) has a self-awareness of a dog to write something like on the MESSAGE BOARD!!!!!! COUNT YOUR POSTS DUMBASS AND THINK ABOUT WHAT YOU ARE DOING HERE!!!!!!!
Of course you are dishonest phony idiot and racist. When I use example from real life (remember Chicago South Side) you call it "stupid theoretical construct", I understand what else can you say? You have no freaking argument! Of course you wouldn't move into a black neighborhood to "enjoy cheap living". You know it as well as I do you stupid pretentious ass. Yet in a typical lefty lunatic politically correct fashion you are quick to throw a racist label at somebody who is basically living life not differently than you you fucking lefty imbecil. Feeling gooood about yourself asshole aren't you? You can stick your definition up in your ass, because that's "theoretical construct" for me, you know why pinhead? When you take 10,000 people and ask them about their beliefs about race, nobody and I mean NOBODY will tell you the truth. At the same time they will avoid black neighorhoods like a plaque. IT'S LIBERAL PHONY POMPOUS ASSES LIKE YOU I HATE NOT BLACKS
Although I do agree with most of what is written above as being 1/2 of the catalyst, you are minimzing the role that the greedy Public played. It is quite simply a fact that without the excessive demand, the supply of negative amortizing loans, high-margin sub-prime ARMs and excessive use of Stated would never have happened. I have been a loan officer for a long time. Between 2004 to 2007 I have personally experienced: People literally crying at the new home builder's lot because they missed out on the house they wanted. People calling to BEG to get approved for their excessive housing purchase. People willing to jump through any possible hoop, including outright fraud (they were told "no" but the point is they tried) to get approved. People willing to sign a loan note at 8% or even much higher (they were ALL going to clean up their credit this time). People buying 3, 4 or 5 so-called "investment" homes that they never even researched to see if the rent cash flow was viable. People willing to sign negative amortization loan notes to get away with only paying 1/2 interest, so they could buy more house. etc. etc. The point is that the banks may have hung themselves on the leverage, but the public demand was the rope. ------------------------------------ If you think back to when the housing run started, the Tech Bubble had just burst so stocks were out of favor, commodities were cheap due to what should have been a real recession if not hyper-stimulated by G-span - so RE was the only asset class perceived as "safe". It is the same reason that oil and other commodities had a bubble run. Did anyone seriously think oil was worth $140/barrel? When stocks and real estate were both wobbly, then commodites were next. It is a sector rotation cycle that is getting more and more bubblicious as time goes on.
Sorry I feel it necessary to be offensive BUT Time and again America has failed to provide proper leadership in the world. It is easier to grab the top position but quite another thing to carry it out. Economically - largely a US failure Strategically - attacking smaller countries on false premises Pirates - Back in the good old days Britain would have cleaned up that festering sore of piracy long ago. It's unbelievable that 4 pirates can hold off the world's largest navy !! You got the muscle but NOT the brains/will and usually fail miserably. I was hoping Obama might provide strong and sensible leadership but I am not holding my breath. Let's hope the US isn't waiting to be paid off on some sleazy deal like it has been often enough ( reluctant ally of a big booby !!)
Cesko (cesspool) you never did explain why these quotes of yours don't make you a racist... all you do is hide like the coward you are behind lame obfuscations. Your words speak loudly for themselves. What I want to say is it seems to me Europe (in reality) is scared of Obama just as much as I am. If Negro has his way Yank's demand will never come back. Second imagine U.S. government starting to compete for healthcare services, products with other Western governments in case of nationalizing HC in the U.S.. So much "goodwill" for Negro among common folks in Europe. Enjoy while it last. It's gonna be a short high. http://www.elitetrader.com/vb/showthread.php?s=&postid=2381016#post2381016 Let's vote for a black guy because we all know how well blacks (generally speaking) can manage their affairs. The whole Africa is kind of testimony for that. http://www.elitetrader.com/vb/showthread.php?s=&postid=2131567&#post2131567 racism ânoun 1. a belief or doctrine that inherent differences among the various human races determine cultural or individual achievement http://dictionary.reference.com/browse/racist