Go Back   Bloggingheads Community > Diavlog comments
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Notices

Diavlog comments Post comments about particular diavlogs here.
(Users cannot create new threads.)

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 04-09-2011, 01:18 PM
handle handle is offline
 
Join Date: Apr 2008
Posts: 1,986
Default Re: Character evidence

Quote:
Originally Posted by piscivorous View Post
Thanks for confirming my point and as an aside both pigs and dogs have tails that wag.
Weakness. Getting the last word is less than desirable when you have nothing of substance to add. And declaring victory under such circumstances makes you look delusional. I notice you didn't go to the tired Fannie and Freddie meme, and for that you get points. I would have nullified that by pointing out they that they were not the only ones involved.

The old financial regulations would have prevented in house collusion between bankers, lenders, insurance providers and brokerages. They never would have been under one roof, and incentivised to risk FDIC insured capital for risky short term gains.

In the end, the risks are taken by lenders, and when the laws are eliminated, the standards for lending are set by them. Blaming consumers is just obvious blame shifting, made even more obvious by all the adjustable rate offerings.

You seem to want to rewrite this history, because it payed off for the Wall Street pigs, and that's fine. But as for those who took the hit, you know what they say about those who don't learn.....
__________________
"God is a metaphor for that which trancends all levels of intellectual thought. It's as simple as that." J. Campbell

Last edited by handle; 04-09-2011 at 01:40 PM..
Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:05 PM.


Powered by vBulletin® Version 3.8.7 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.