Epic Fail............

mobenzowner said:
It's when the govt gets involved(forcing banks & institutions to make bad mortgages, job killing taxation, etc,etc,etc) is what has gotten the economy off track. [/COLOR]
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While some of that has validity, a lot of it was just basically greed......

Banks were not forced to lend everybody crazy loans with no money down. That is an excuse that bad loaning branches use to cover their asses.....


When guys that were selling cars quit to start flipping houses because money was just being handed out, you knew an end would be near in that game.......


What's changed since then......?


Banks have become tight assed like they should have been in the first place. That should tell you where the problem was to being with........
 
doctordon said:
How did the corporations gain so much power over government and the people? It's simple: Campaign finances. The corporations hire hoards of lobbyists who dart in and out of lawmakers' offices in Washington, leaving behind trails of cash and corruption.
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You get it.......(mug-click)


Lobbyists and those corporations that pay them control our Congress and Senate and until we surgically cut them out of the process, they always will.......
 
User Name said:
Profit has always existed. It used to co-exist with corporate responsibility, where employees enjoyed the benefits of profitable corporations as much as executives did. Employees were loyal to their employers and vice versa. Nowadays, any chance corporate execs can move jobs oversees, cut jobs while still managing to pad salaries and boat bonuses, they do.

You call that "profit", I call it greed, and when it is backed by INTEREST FREE TAXPAYER STIMULUS DOLLARS, it should no longer be called "profit" or "greed" but "criminal".
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Most excellent.........


The rush to the bottom in seeking cheap labor for short term corporate profits in the US will push our country and our communities to the lower levels we are trying to keep our middle class life style from sinking into.....
 
What's changed since then......?


Banks have become tight assed like they should have been in the first place. That should tell you where the problem was to being with........[/QUOTE]

I thought banks had wised up until a couple of months ago my daughter bought a repoed HUD home with no money down. So much for learning their lesson.Go figure.

Paul S
 
9 banks closed this weekend...seems like we[taxpayers] took a hit with CIT... sporting them 2 billion now they be claimin Chapter whatever...what be up with that?
 
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