THIS!

bravo said:
And here I was hoping for hundreds of thousands...and all I get is 17 grand over 4 years spread out over numerous candidates and committees.....peanuts.....and damn, I missed the link you didn't post...Thankx just the same.
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You said you'd settle for anything over $50. Well, $17,000 is more than $50. And just go to opensecrets.org and look him up. It ain't too tough, Cochese.
 
icedancer2theend said:
Everything stated is factually correct. Some people are not intelligent enough to know this. Listening to 4 minutes of a 22 minute video and making a pronouncement over content is absurd.

Our government is keeping artificially low interest rates so that yes, they, can sustain their debt. Banks have no interest in loaning money at low interest rates...they have all the risk and little reward to do so. The government however can put their debt into low interest paper bonds.

Yes, it was stimulus by way of forcing banks to make loans to people, who could not afford to borrow the money, to buy homes they could otherwise not buy....stimulus (aka government regulations) = housing crisis.

He employs 150 people here in the US while having to bow to a hiring freeze after being fined for hiring too many people....ergo he has moved portions of his business overseas where the climate for doing business is friendlier.
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I watched the video twice. The second time I wrote down the lies he told. I stopped at four minutes.

I see you ignored underconsumption. Lie

Did the government go into the sales office of Countrywide Finacial and tell the brokers to lie when they filled out applications? Lie

If he had a need for 1000 more employees, he would find a way to get them hired, period. Where there is a will, there is a way. Lie

There is no money to borrow beacause it is all going to government"? Lie, bald faced at that.
 
Return of Dune said:
I watched the video twice. The second time I wrote down the lies he told. I stopped at four minutes.

I see you ignored underconsumption. Lie

Did the government go into the sales office of Countrywide Finacial and tell the brokers to lie when they filled out applications? Lie

If he had a need for 1000 more employees, he would find a way to get them hired, period. Where there is a will, there is a way. Lie

There is no money to borrow beacause it is all going to government"? Lie, bald faced at that.
Click to expand...

As per usual you attempt the straw man. He never claimed that banks were innocent he pointed out how they were able to do so.

Artificially low interest rates (controlled by the FED) prevent banks from wishing to loan...they have all the risk and none of the reward...in addition it hampers investment in savings.

Your saying he'd find a way to get them hired period, ignores, his personal circumstances. He was testifying before congress at a hearing- if he were lying, you'd be the first to dig up the facts and present them for us.
 
icedancer2theend said:
As per usual you attempt the straw man. He never claimed that banks were innocent he pointed out how they were able to do so.
Click to expand...


Right...Government made the regulations that made loans to the poor easier, but it was the banks who decided to take them to the extreme in order to satiate their greed.


icedancer2theend said:
Artificially low interest rates (controlled by the FED) prevent banks from wishing to loan...they have all the risk and none of the reward...in addition it hampers investment in savings.
Click to expand...


How about the banks do it for the good of the country? Remember when people and corporations actually did things because it was THE RIGHT THING TO DO?? So, for the banks the ONLY reward can be monetary...nice to see banks and wealthy investors don't give two rat farts about their fellow Americans or the problems this country finds itself in.


icedancer2theend said:
Your saying he'd find a way to get them hired period, ignores, his personal circumstances. He was testifying before congress at a hearing- if he were lying, you'd be the first to dig up the facts and present them for us.
Click to expand...

He did dig up facts, you just ignored then or found ways to justify Schiff's selfishness and greed.
 
Schiff is the latest figurehead in the web-wives campaign to canonize Ludwig von Mises.
 
ZappasGuitar said:
Right...Government made the regulations that made loans to the poor easier, but it was the banks who decided to take them to the extreme in order to satiate their greed.

First its GREEDY BANKS



How about the banks do it for the good of the country? Remember when people and corporations actually did things because it was THE RIGHT THING TO DO?? So, for the banks the ONLY reward can be monetary...nice to see banks and wealthy investors don't give two rat farts about their fellow Americans or the problems this country finds itself in.


Then, the banks did it for the GOOD OF THE COUNTRY

He did dig up facts, you just ignored then or found ways to justify Schiff's selfishness and greed.
Click to expand...

which is it?....
why did Barney Frank allow Fannie and Freddie to buy up these toxic assents....?
why did Barney call the banks that refuesed loans to unqualified buyers, racist banks....?
why didn't Barney heed the warnings from McCain and President Bush about Fannie and Freddie being in danger of collapsing....?

Schiff maybe be greedy, he may be selfish, or he may not....thats really irrelevant......whats important is that HE IS RIGHT.....
 
bravo said:
which is it?....
why did Barney Frank allow Fannie and Freddie to buy up these toxic assents....?
why did Barney call the banks that refused loans to unqualified buyers, racist banks....?
why didn't Barney heed the warnings from McCain and President Bush about Fannie and Freddie being in danger of collapsing....?

Schiff maybe be greedy, he may be selfish, or he may not....that's really irrelevant......whats important is that HE IS RIGHT.....
Click to expand...

Exactly Bravo...exactly!
 
bravo said:
which is it?....
why did Barney Frank allow Fannie and Freddie to buy up these toxic assents....?
why did Barney call the banks that refuesed loans to unqualified buyers, racist banks....?
why didn't Barney heed the warnings from McCain and President Bush about Fannie and Freddie being in danger of collapsing....?

Schiff maybe be greedy, he may be selfish, or he may not....thats really irrelevant......whats important is that HE IS RIGHT.....
Click to expand...

He is not right you right wing toad.

How would underconsumption serve a consumer economy during a recession?

The government gave the banks hundreds of billions of dollars to loan to business. The banks bought each other and treasuries instead, yet your hero-shill descibes this as "there is no money to borrow because it is all going to the government". Huh?

Do I really have to watch the rest of the vidoe and debunk the rest of the lies for you?
 
icedancer2theend said:
As per usual you attempt the straw man. He never claimed that banks were innocent he pointed out how they were able to do so.

Artificially low interest rates (controlled by the FED) prevent banks from wishing to loan...they have all the risk and none of the reward...in addition it hampers investment in savings.

Your saying he'd find a way to get them hired period, ignores, his personal circumstances. He was testifying before congress at a hearing- if he were lying, you'd be the first to dig up the facts and present them for us.
Click to expand...

nice dunetroll refutation.
 
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