Life is Golden (07-12-2018)
Disagree. They are left of communists. At least the communists didn't tolerate crime as much. My wife grew up in the old East Germany. She's told me crime was non existent there.
Locally, they're trying to turn Anchorage into another Portland, OR. It's pretty sad really. I've been here since '99. Even dems (they weren't dim back then) were reasonable.
Things really started going to shit when Mark Begich was elected mayor in 2003. We thought he was one of the many reasonable dems we had up until then.
He completely fucked things up his second term beyond repair. The next mayor tried to fix things but it just wasn't enuf. Now we may as well have a Maxine Waters as mayor - He's a San Francisco carpet bagger that wants to turn the city into a homeless and criminal paradise. And he's got plenty of help from the city council.
Shoplifting is no longer a crime here. Police won't bother to respond if called, so don't bother. Car theft is only a crime after the thief has been caught 3 X's. How many cars do they steal before getting caught the third time? Those are two of many examples.
We're outta here in 1.5 yrs. I hope it's not too late.
Last edited by Cancel 2018.1; 07-12-2018 at 03:23 PM.
Life is Golden (07-12-2018)
The only thing a Democrat has done for me .... Is cost me money ! Straight R .
Bush wasn't responsible for that. It was more government overreach again, shaking down the banks, calling them waycists and providing banks with the money to make bad loans for people with bad or no credit.
Look up the Community Reinvestment Act and get back to me. Everyone here isn't a brain dead millennial.
Actually eliminating banking regulation opened that door. But after banks failed, they jacked up interest rates to enormous levels and skyrocketed fees. They permitted we banking clients to heal their wounds. Of course Bush gave them a few trillion to start the saving of banks.
If you know anything about it, it started with Phil Gram getting the Commodity Futures Act. passed in a late night lame duck session.http://content.time.com/time/special...877330,00.html These guys laid the groundwork for the crash.
Last edited by Nordberg; 07-12-2018 at 06:26 PM.
I don't feel sorry for any of them ... I watched illegal aliens buy $600,000 homes in my neighborhood while driving 30 yr old junker cars . F@ck the banks ! They got what they deserve !
And only $10 trillion to bail them all out ? We should have let most of them die !
More of them should have been put out of business !
Only $10 TRILLION to save their ass ? ..... Oh YAH ... Obama ! FO !
Almost got to the point. Banks were usinng mortgages to fill out the securities that were selling across the globe. In the beginning they used safe mortgaes. But they were selling so many and making huge bucks, that they instructed mortgage writers to drop standards. When they sold all those, they told them to drop standards again. Banks had no liabilities. They sold the shitty mortgaes off immediately as collateral for the securities. They bribed the rating agencies to rate their securities as AAA. The agencies did. This process kept up, getting worse mortgages involved until they were essentailly worthless.
No it is not person buying a home they could not afford. Banks gave deals that were hard to resist. You got emails and phone calls every day giving you such great sounding deals. They were all predicted on housing values to go up. Then they didn't.
Last edited by Nordberg; 07-12-2018 at 07:05 PM.
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