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Subprime Primer

Discussion in 'Politics & Religion' started by AGS, Mar 19, 2008.

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  1. #1
    Found this on my internet travels:

    LINKY
     
    AGS, Mar 19, 2008 IP
    sachin410 and wisdomtool like this.
  2. smatts9

    smatts9 Active Member

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    #2
    Yeah I posted this like a month ago.
     
    smatts9, Mar 19, 2008 IP
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  3. guerilla

    guerilla Notable Member

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    #3
    Brilliant. Thanks. That's pretty much it, in a nutshell.
     
    guerilla, Mar 19, 2008 IP
  4. AGS

    AGS Notable Member

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    #4
    Sorry didn't see your post first time round. :(

    It's a classic eh?
     
    AGS, Mar 19, 2008 IP
  5. wisdomtool

    wisdomtool Moderator Staff

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    #5
    Well one thing it shows is Great Minds think Alike :)

     
    wisdomtool, Mar 19, 2008 IP
  6. AGS

    AGS Notable Member

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    #6
    Yup. :) :)
     
    AGS, Mar 19, 2008 IP
  7. soniqhost.com

    soniqhost.com Notable Member

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    #7
    Its a bit more complicated then that, the reason the mortgages are bad is because in part home prices are falling
     
    soniqhost.com, Mar 19, 2008 IP
  8. guerilla

    guerilla Notable Member

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    #8
    Most of the time, I read your posts for the entertainment. Waiting for you to say something funny.

    This post was funny.
     
    guerilla, Mar 19, 2008 IP
  9. guerilla

    guerilla Notable Member

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    #9
    guerilla, Mar 23, 2008 IP
  10. gauharjk

    gauharjk Notable Member

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    #10
    This article by Bill Walker felt like "Shock and Awe" to me. If this really happens, who'd be held responsible? The Government? Or the Banks? or the Fed?

    I suggest the Ron Paul Grassroots should print this article in a major Newspaper in the US. Savings and Retirement accounts of millions of people would go down the drain. It is difficult to save money, and even more difficult to watch that hard-earned money, collected over the years, become worthless.

    Ron Paul may still have a chance, if the MSM actually believes what he is saying. Peter Schiff has been crying wolf for a long time, but nobody believes him...
     
    gauharjk, Mar 24, 2008 IP