tag:blogger.com,1999:blog-7982981413278241287.post6354952596822134094..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Things Keep Getting Worse...Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7982981413278241287.post-10847983278814046312011-07-22T10:48:41.208-06:002011-07-22T10:48:41.208-06:00" you can't cheat an honest man"" you can't cheat an honest man"halnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-72743145111325839742011-07-21T17:34:36.509-06:002011-07-21T17:34:36.509-06:00There is no discipline because they (the elites) b...There is no discipline because they (the elites) broke all the moral codes..so breakdown follows...a lot of people have had their F**k them moment!<br /><br />Mike Krieger On The "High End" Bubble<br />The only thing that has happened is that the super, super rich (0.1%<br />of the country) and their puppets in D.C. neglected to use their<br />positions of power during the 2008 crisis to help their country and<br />their fellow citizen get back on their feet and reform the system, but<br />rather they decided to totally raid, abuse and pillage their fellow<br />Americans in an act of unprecedented greed and recklessness.<br /><br />http://www.zerohedge.com/article/mike-krieger-high-end-bubble?<br /><br />Warren Buffett's Wells Fargo Busted For Lying To People, Wristslapped With $85 Million Fine By The Emperor Of Moral Hazard Himself<br /><br />http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h?<br /><br />Bernanke Employs a Modified 'Pump and Dump'<br /><br />Trillions of dollars have been used on price discovery, especially in<br />the stock market, but 45 million people continue on food stamps and<br />the average duration of unemployment is now twice the previous record.<br />Banks are enjoying healthy profitability, assisted by loan loss<br />accounting, at the same time withholding credit from all but the<br />largest obligors. Individual American savers who are doing everything<br />right are bearing the brunt of all this monetary success, as zero<br />interest rates transfer money from them to the very banks that<br />colluded in creating this disaster in the first place.<br /><br /><br />http://www.realclearmarkets.com/printpage/?url=http://www.realclearmarkets.com/articles/2011/07/15/bernanke_employs_a_modified_pump_and_dump_99126.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-14945576156974466962011-07-21T17:27:31.051-06:002011-07-21T17:27:31.051-06:00Big brothers claw might be knocking on your door!....Big brothers claw might be knocking on your door!...he has a good solution:)<br /><br />Warren Gets Bitch Slapped Thrice <br /><br />http://www.youtube.com/watch?v=KuiVPVjiuRM&feature=youtube_gdataAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-68136283984701867162011-07-21T16:39:25.788-06:002011-07-21T16:39:25.788-06:00(Dave)
LOL. Not only do they not want to be &quo...(Dave)<br /><br />LOL. Not only do they not want to be "suckers" but now in most States people can go 18 months to 3 years not making a mortgage payment and not getting foreclosed out of the house.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-89417870534656182172011-07-21T15:40:48.769-06:002011-07-21T15:40:48.769-06:00Dave: to "complement" your discussion (n...Dave: to "complement" your discussion (not only for what it is but to augment it). We are also at a point where homeowners who are close to breakeven on their mortgages and home values do not want to pay even if they can because they do not want to be played as suckers. They now expect home prices to further decline and there is no point in paying further especially when they can stay in house for a long time anyway, or if fortunate, have the paper holder contact them to reduce mortgage to make it a better deal for the homeowner (or simply default, save the money and buy a nicer house at distressed price) <br /><br />We personally know of a few folks underwater who have stopped paying the mortgage-but they continue to spend on trips, cars, clothing, parties, jewelry (I guess in bankruptcy they cannot take away jewelry they cannot find) etc. There is no discipline involved whatsoever irregardless of the personal situation. <br /><br />We had better all stay awake for this as its gonna be a hell of a train wreck. <br /><br />This whole thing is so FUBAR that we need Monty Hall (let's make a deal) to run the show. And he probably could do a hell of a lot better than the lunatics in DC running the show.Halnoreply@blogger.com