John McCain of the Keating 7 says there are greedy people on Wall Street that need punish?
Hey kettle, the pot called you black.
Dustin Gawrylow - 10:01pm on 01/30/2008
McCain: “Greedy People” On Wall Street Should Be “Punished” For Subprime Mortgages
So much for personal responsibility, supposedly a hallmark value of the Republican party.
By Rob on January 30, 2008 at 10:04 pm
Yep. I agree with you. Those that made unsafe loans available should be held personaly responsible.
ellinas - 11:01pm on 01/30/2008
e,
Please explain exactly what you mean by the term “unsafe loan.” Which loans do you personally consider to be “unsafe"… and why?
Bat One - 11:01pm on 01/30/2008
Bat,
I had a “unsafe loan” nearly run me off the road once. No..wait… that was a ‘unsafe loon’.
My mistake.
laydownSally - 11:01pm on 01/30/2008
"Unsafe Loon” huh? No doubt a liberal too!
Bat One - 12:01am on 01/31/2008
Undisputed liberal.
Even after he sobered up, he was still incoherent.
laydownSally - 12:01am on 01/31/2008
Yep. I agree with you. Those that made unsafe loans available should be held personaly responsible.
No, he said “punished”. But in you and McCain’s mind, what punished means is that the lenders should not receive any government subsidies directed at their bad decisions, unlike the folks that made bad decisions to take these loans out. Government should write a blank check to these poor saps that got screwed by evil Wall Street types. But the lenders need to be “punished”.
As if stock prices plummetting for Country Wide and other lenders saddled with bad debt as well as many thousands of layoffs of mortgage officers and support folks as well as investors losing their asses as well as folks like me that have 401ks that are losing value because of it… We all need punished. But some dumb fuck that doesn’t pay his bills on time and has a 580 credit score and therefore gets a subprime ARM so he can buy a house he cannot afford--Johnny Mac wants the American people to jump up and help fix this crisis.
But Fuck me and the rest of us that have watched the Market Cap of the companies in our stock portfolio plummet. We need punished. Who exactly is he talking about punishing? The dishonest loan officer that already lost his job at the subprime company? The CEO’s of these companies that have already accepted nice severance packages? Who does he want to punish? The shareholders of Countrywide that simply held stock as part of a mutual fund in their 401k? Yeah, he means he wants to punish those of us that invest our money into stocks and mortgage backed securities, as if the REITS and drop in value of homes as well as the drop in value of the stock market isn’t punishment enough.
Justin B. - 12:01am on 01/31/2008
I had a “unsafe loan” nearly run me off the road once. No..wait… that was a ‘unsafe loon’.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!
Laydown made another funny. Laydown + doobie = HAHAHAHAHAHAHAHAHA!!
Mittens McHuckniani - 07:01am on 01/31/2008
Mittens doing what all good leftists do by adding the full extent of their intellectual power to the dialog.
Hoss - 07:01am on 01/31/2008
How about we punish those in the Senate that voted to force loan companies to make loans to nearly anybody.
We should hold them personally responsible for the losses they caused.
McCain? John McCain?
John McCain of the Keating 7 says there are greedy people on Wall Street that need punish?
Hey kettle, the pot called you black.
McCain: “Greedy People” On Wall Street Should Be “Punished” For Subprime Mortgages
So much for personal responsibility, supposedly a hallmark value of the Republican party.
By Rob on January 30, 2008 at 10:04 pm
Yep. I agree with you. Those that made unsafe loans available should be held personaly responsible.
e,
Please explain exactly what you mean by the term “unsafe loan.” Which loans do you personally consider to be “unsafe"… and why?
Bat,
I had a “unsafe loan” nearly run me off the road once. No..wait… that was a ‘unsafe loon’.
My mistake.
"Unsafe Loon” huh? No doubt a liberal too!
Undisputed liberal.
Even after he sobered up, he was still incoherent.
No, he said “punished”. But in you and McCain’s mind, what punished means is that the lenders should not receive any government subsidies directed at their bad decisions, unlike the folks that made bad decisions to take these loans out. Government should write a blank check to these poor saps that got screwed by evil Wall Street types. But the lenders need to be “punished”.
As if stock prices plummetting for Country Wide and other lenders saddled with bad debt as well as many thousands of layoffs of mortgage officers and support folks as well as investors losing their asses as well as folks like me that have 401ks that are losing value because of it… We all need punished. But some dumb fuck that doesn’t pay his bills on time and has a 580 credit score and therefore gets a subprime ARM so he can buy a house he cannot afford--Johnny Mac wants the American people to jump up and help fix this crisis.
But Fuck me and the rest of us that have watched the Market Cap of the companies in our stock portfolio plummet. We need punished. Who exactly is he talking about punishing? The dishonest loan officer that already lost his job at the subprime company? The CEO’s of these companies that have already accepted nice severance packages? Who does he want to punish? The shareholders of Countrywide that simply held stock as part of a mutual fund in their 401k? Yeah, he means he wants to punish those of us that invest our money into stocks and mortgage backed securities, as if the REITS and drop in value of homes as well as the drop in value of the stock market isn’t punishment enough.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!
Laydown made another funny. Laydown + doobie = HAHAHAHAHAHAHAHAHA!!
Mittens doing what all good leftists do by adding the full extent of their intellectual power to the dialog.
How about we punish those in the Senate that voted to force loan companies to make loans to nearly anybody.
We should hold them personally responsible for the losses they caused.