Unchained Preppers
General Category => News & Politics => Topic started by: sledge on September 02, 2011, 06:55:44 PM
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This has been all over the news today.
http://members.beforeitsnews.com/story/1044/260/US_To_Sue_Banks_Over_Bad_Mortgages_Finally.html
This story says it's about time. My take is that this just shows how desperate the government is for money. First Congress passes laws mandating that the banks have to loan money to people who really can't afford the loans. So the banks, knowing that they are going to get killed by these loans, bundle them up into securities to sell in order to offset the risk the government is forcing upon them.
Now the Government is going to sue the banks for making those loans that the government forced them to make. Don't get me wrong. I say frig those bankers they are nothing but blood sucker anyway. I just find the Government's stand on the issue to be highly hypocritical.
I wonder whose money this desperate Government is going to come for next?
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Not mine...i got nothin left! :-[
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Heard this on the radio this morning and thought it was pretty funny, you know the hypocrisy and all. Mostly what I've been hearing from people is the same old story... Evil bankers bla bla bla taking advantage of the poor, bla, million dollar bonuses bla bla, Obama's finely doing something right... ??? Wait what? I have five bucks in the bank that I use to keep the account active, at this point they can have it.
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Yep, their hypocrisy knows no bounds, but we knew that already.
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Isnt this the same thing kennedy did three months before he got shot in TX?
OOHHH SHIT We got Biden as back up!!!!! we're really porked. <img src="http://www.smileydes
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i better pull out the $5 i got in my account!