A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
Love and real estate...I am just a dreamer, but you are just a dream,You could have been anyone to me.Before that moment you touched my lipsThat perfect feeling when time just slipsAway between us on our foggy trip.You are like a hurricaneThere's calm in your eye.And I'm gettin' blown awayTo somewhere safer where the feeling stays.I want to love you but I'm getting blown away...Neil Young
Perhaps FRANK at Scottsdalesucksmaterialisticass should brush up on Political History and stop being such a hardcore whining blind right winger.Check this out. So much for that Republican Congress. In addition , Phil Gramm passed a VETO PROOF bill to Clinton , compliments of the REPUBLICAN CONTROLLED CONGERSS that got the whole mess officially under way.H.R.2022 introduced on 7 May 2003 by Rep. Christopher Shays (R-CT,4). Title: To extend the registration and reporting requirements of the Federal securities laws to certain housing-related Government-sponsored enterprises, and for other purposes. Latest Major Action: 5/23/2003 Referred to House subcommittee. Status: Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.H.R.2117 introduced 23 May 2003 by Rep. Pete Fortney (D-CA,13). Title: To amend the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to remove certain competitive advantages granted to the housing-related government-sponsored enterprises relative to other secondary mortgage market enterprises, and for other purposes. Latest Major Action: 5/23/2003 Referred to House subcommittee. Status: Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.H.R.2575 introduced on 24 June 2003 by Rep. Richard H Baker (R-LA,6). Title: To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes. Latest Major Action: 9/25/2003 House committee/subcommittee actions. Status: Committee Hearings Held.H.R.2803 introduced on 21 July 2003 by Rep. Edward R Royce (R-CA,40). Title: To establish the Office of Housing Finance Oversight in the Department of the Treasury to ensure the financial safety and soundness of Fannie Mae, Freddie Mac, and the Federal home loan banks. Latest Major Action: 8/4/2003 Referred to House subcommittee. Status: Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.H.R.2897 introduced on 25 July 2003 by Rep. Julia Carson (D-IN,7)Title: To end homelessness in the United States.Latest Major Action: 8/25/2003 Referred to House subcommittee. Status: Referred to the Subcommittee on Housing and Community Opportunity.S.1508, introduced 31 July 2003 by Sen Chuck Hagel (R-NE). Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes. Latest Major Action: 4/1/2004 Senate committee/subcommittee actions. Status: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.S.1656, introduced 23 September 2003 by Sen Jon S. Corzine (D-NJ). Title: A bill to address regulation of secondary mortgage market enterprises, and for other purposes. Latest Major Action: 9/25/2003 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.H.R.3507 introduced 18 November 2003 by Rep. Brad Sherman (D-CA,27). Title: To expand homeownership opportunities in States having high housing costs. Latest Major Action: 1/2/2004 Referred to House subcommittee. Status: Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.Clearly, in 2003 and 2004 the issue of finance reform was not a priority of the White House or Congressional Republicans.
Another bad loan for Countrywide.Too bad Mozilo wasn't inside this house when....
Wall Street will NEVER be the same again after this. And the SOCIALIST REPUKLIKANS will be forever branded as thieves and ROBBERBARONS.
ShooooDog!!! I'm looking for my fat jucey year end bonus again this year.I think our preformance this year, while not the greatest, really wasn't that bad. It's the talent of professionals like myself that accounts for this world class performace.I'm gonna get the bonus that I deserve so very much and go down to the Bahammas, get stupid drunk and make a fool of myself like I usually do.
Isn't it pretty funny how the policy makers and Bail Out team is making all these Bail Outs before they reform the system or correct the practices that caused the problems . For all intents and purposes ,the corrupt system is still in tack . Wouldn't the powers change the bad laws or the bad regulations before they even go for a Bail Out ? It seems like the sole concern for the policy makers is how to fund and fuel the corrupt system to shore it up again and create a bubble that will create market stimulation . Taking away penalty for walking on a house ,was one of the few thing the powers did ,yet that was a get out of jail free card for the gamblers and caused more walking .Senator Dodds has got to be one of the most evil of this group of bought off pigs . Isn't it interesting how the Favors for Loan Bribes ,didn't get any traction . Our public servants who are suppose to be working for us are not interested in law and order and every move they make ,every priority they show, confirms this .
But we have the bloody glove .
Bust goes the shack!
To citi fatcat:You would be much more believable as an Executive, if you could spell.
Post a Comment
Enter your email address:
Delivered by FeedBurner