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10-14-2017, 03:51 PM | #7561 (permalink) |
one-balled nipple jockey
Join Date: Dec 2010
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Housing bubble in one sentence, bitches.
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10-14-2017, 03:58 PM | #7562 (permalink) | |
Zum Henker Defätist!!
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Location: Beating GNR at DDR and keying Axl's new car
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Yes, but a lot of conservatives I've heard have put it in terms of race. That's what I'm saying.
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10-14-2017, 03:59 PM | #7563 (permalink) |
one-balled nipple jockey
Join Date: Dec 2010
Location: Dirty Souf Biatch
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You're right. Fannie May and Freddie Mac were established by congress. In a roundabout way there's some truth in that position. Predatory lenders love black people.
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10-14-2017, 04:10 PM | #7564 (permalink) | |
Born to be mild
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Really? I got it right? Well I guess I did watch Too Big To Fail and a few other films.
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10-14-2017, 04:22 PM | #7565 (permalink) |
one-balled nipple jockey
Join Date: Dec 2010
Location: Dirty Souf Biatch
Posts: 22,006
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It's mindbending to try to understand all the economic ends and outs but it was like the same guys who caused the crash bet on the crash and then used retirement funds to pay themselves the winnings. Sort of like if two guys bet on the date of someone's death then murdered him that day then robbed the dead guy's mom to pay the bet and then split what was left over.
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10-14-2017, 04:34 PM | #7566 (permalink) | |
Zum Henker Defätist!!
Join Date: Jan 2011
Location: Beating GNR at DDR and keying Axl's new car
Posts: 48,199
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How the **** is even anybody supposed to understand all this ****? Clearly no one who had any hand in the crash did.
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10-14-2017, 04:45 PM | #7567 (permalink) |
one-balled nipple jockey
Join Date: Dec 2010
Location: Dirty Souf Biatch
Posts: 22,006
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I think the people who caused it modeled it after the bubble in Japan but tweaked it to milk it for even more.
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