BoA OWNED by person

[RACER X]

http://www.youtube.com/watch?v=A0T-e...layer_embedded

[Particle Man]

This already happene with a WF location. Need new stunts people

[tommymac]

Originally Posted by Particle Man

This already happene with a WF location. Need new stunts people

I thought so, I remembered hearing this stuff.

maybe we can go forclose on OCC and send marshalls in and take all thier stuff

[Avatard]

Bankers stole half of our entire fucking economy, and stuck it in their greedy pockets.

Then they took bailout money, and gave themselves fucking bonuses. They take people's fucking homes, and profit from the very financial devastation they have caused in the first place.

This, times one hundred would still not be enough to restore balance and harmony to the fucking universe, but motherfucker, it sure is the feel-good story of my fucking afternoon!



Thanks for posting...

[goof2]

Originally Posted by Avatard

Bankers stole half of our entire fucking economy, and stuck it in their greedy pockets.

Then they took bailout money, and gave themselves fucking bonuses. They take people's fucking homes, and profit from the very financial devastation they have caused in the first place.

This, times one hundred would still not be enough to restore balance and harmony to the fucking universe, but motherfucker, it sure is the feel-good story of my fucking afternoon!



Thanks for posting...

I especially didn't like how home buyers were forced at gunpoint by those dastardly bankers to take out loans they couldn't afford. Wait, that didn't happen.

Home buyers happily signed on the dotted line and obligated themselves to pay back loans they couldn't pay back. The banks certainly bear some responsibility for what happened but the individuals who by the millions took out loans and "stuck them in their greedy pockets" with little consideration about paying them back bear some responsibility as well.

This couldn't have happened without a lot of greed on both sides.

[Captain Morgan]

Originally Posted by goof2

I especially didn't like how home buyers were forced at gunpoint by those dastardly bankers to take out loans they couldn't afford. Wait, that didn't happen.

Home buyers happily signed on the dotted line and obligated themselves to pay back loans they couldn't pay back. The banks certainly bear some responsibility for what happened but the individuals who by the millions took out loans and "stuck them in their greedy pockets" with little consideration about paying them back bear some responsibility as well.

This couldn't have happened without a lot of greed on both sides.

Agreed. You reap what you sow. America, all of America, not just the banks, has been very greedy, always wanting more, and more, and more, and most people will do anything to get more. Most people will borrow anything they can, never thinking about how they'll pay it back, as they're in search of obtaining more stuff.

[Avatard]

Originally Posted by goof2

I especially didn't like how home buyers were forced at gunpoint by those dastardly bankers to take out loans they couldn't afford. Wait, that didn't happen.

Home buyers happily signed on the dotted line and obligated themselves to pay back loans they couldn't pay back. The banks certainly bear some responsibility for what happened but the individuals who by the millions took out loans and "stuck them in their greedy pockets" with little consideration about paying them back bear some responsibility as well.

This couldn't have happened without a lot of greed on both sides.

I missed the part where homeowners actually caused the housing price bubble, and then benefited from its crash, resulting in one of history's greatest land grabs by banking robber barons since before the Fed was established.

Oh, wait...that's because that's not exactly how it went, right?

[Homeslice]

Originally Posted by Avatard

I missed the part where homeowners actually caused the housing price bubble, and then benefited from its crash, resulting in one of history's greatest land grabs by banking robber barons since before the Fed was established.

Oh, wait...that's because that's not exactly how it went, right?

It certainly didn't help that people bit off more than they could chew, and/or didn't have the brains to read the small print and take a more acceptable amount of risk.

p.s. I like the 'OWNED'

[tommymac]

Originally Posted by Homeslice

It certainly didn't help that people bit off more than they could chew, and/or didn't have the brains to read the small print and take a more acceptable amount of risk.

p.s. I like the 'OWNED'

Probably didnt help that the banks were telling people wha tthey wanted to hear and jumped into these loans without doing their homework.

[goof2]

Originally Posted by Avatard

I missed the part where homeowners actually caused the housing price bubble, and then benefited from its crash, resulting in one of history's greatest land grabs by banking robber barons since before the Fed was established.

Oh, wait...that's because that's not exactly how it went, right?

You think banks caused the pricing bubble on their own? Home buyers bid prices up to unprecedented levels because who cares its free money and hey if they can't afford the payments they will just sell at a profit to someone else who is getting free money because real estate values never go down. That isn't exactly how it went either, is it?

You also think banks want to own all the property they got in this "land grab" as you call it? The banks only own those properties because the buyers stopped making payments and their loans are for more than the properties are now worth. Each property that goes in to foreclosure has a gap between what the property is worth and the value of the existing balance on the mortgage. That difference isn't speculative, it is a real loss to the banks since those banks actually paid out real cash money for the properties that were purchased. They would be much better off financially if homeowners just kept paying their loans. Instead they now have inventories of homes that are worth a fraction of the real money the banks loaned out for them. Every piece of land they got in this "land grab" has a financial loss attached to it.