Will Great Britain leave the EU?

**brooks85** · 06-29-16, 05:31 PM

you couldn't have foreseen something that hadn't even happened until bill clinton rewriting the community reinvestment act ...lol.. do you understand how a calendar works?

and even after that point you didn't foresee a damn thing just like 99.9% of the world.

Originally posted by chico2663

CHINA bought a lot of those. Usually there is a dept of ins. that regulates these but the bankers called them diriv. so they didn't fall under the insurance industry. When they started going bad china said make it good or we will take all our money out of the usa. That is why dumdum bush didn't take the appropriate action. This same thing happened in norway. The govt assumed the under water part of the mortgages and threw the bankers in jail. they never suffered like we did. but somehow you think you know something!

lol...

oh did they just decide one day "hey guys, lets go underwater for no reason!"

**chico2663** · 06-29-16, 05:33 PM

Originally posted by brooks85

lol none of that has ANYTHING to do with WHY the problem happened

Go ask anyone in the financial sector. Not your illegal mexican window guy

**chico2663** · 06-29-16, 05:34 PM

I thought you were into stocks? It is called a market correction.

**brooks85** · 06-29-16, 05:34 PM

Originally posted by chico2663

Go ask anyone in the financial sector. Not your illegal mexican window guy

oh, the 99% who had NO idea GFC was coming?

great defense there chico

**chico2663** · 06-29-16, 05:35 PM

But brooks after I get thru with you than you can impress your friends

**brooks85** · 06-29-16, 05:35 PM

Originally posted by chico2663

I thought you were into stocks? It is called a market correction.

lol what are you on about now?

we are not even talking about stocks

**chico2663** · 06-29-16, 05:37 PM

Originally posted by brooks85

oh, the 99% who had NO idea GFC was coming?

great defense there chico

Brooks if you have to many things happening than if your smart enough than you'll figure it out. The only growth under bush was these houses. He gave a speech on more people owning a home under his admin. than anytime in u.s. history

**brooks85** · 06-29-16, 05:37 PM

well there is no doubt someone out there is happy you're as ass-backwards as you are chico;

**brooks85** · 06-29-16, 05:39 PM

Originally posted by chico2663

Brooks if you have to many things happening than if your smart enough than you'll figure it out. The only growth under bush was these houses. He gave a speech on more people owning a home under his admin. than anytime in u.s. history

... lol and why is that chico?

oh this is going to be funny... if you give a true answer of course

remember to use the calendar and the facts.

here, I'll help and this IS a meme this time...

**chico2663** · 06-29-16, 05:39 PM

Another fact that the right won't tell you . Before bush if a house went 90 days in arrears than forclosure proceedings started but he went before congress and had them extend to a year.

**chico2663** · 06-29-16, 05:40 PM

Dude i already know. But your false beliefs is that the left is any different than the right

**brooks85** · 06-29-16, 05:41 PM

Originally posted by chico2663

Dude i already know. But your false beliefs is that the left is any different than the right

lol my post history is having a good chuckle right now. If you knew you'd realize how ridiculous what you just said is compared to what I've posted hundreds of times.

**chico2663** · 06-29-16, 05:42 PM

Originally posted by brooks85

lol what are you on about now?

we are not even talking about stocks

the terminology is the same. it was a housing market correction.

**brooks85** · 06-29-16, 05:43 PM

Originally posted by chico2663

the terminology is the same. it was a housing market correction.

yeah and QE is just a normal bull run...

lol yep, completely natural

**JIBBBY** · 06-29-16, 05:44 PM

The 3 amigos spoke today in unison.. What a disaster in the making!!.

Just alot of lip service and wreckless thinking between those 3 in Ottawa Canada speaking together this morning.. Obama leading the charge.. Bring down America further while wanting to let in all the poor and uneducated that don't pay taxes is what he was preaching..

I understand their thinking and I know they want to help the human race and all people from all Countries but they should be focusing on protecting their own Country only.. The people elected them for that and not to save the entire human race.. The world is not ready to be saved and or want to be joined in harmony and peace..

It's all such crap coming from those 3.. The Mexican President is just a puppet and along for the ride.. He is scared shitless if Trump is elected.. It's like he wants all Mexicans to migrate to the America to build a better life while not fixing Mexico which is in the shits....

The Canadian leader seems lost or just is a stuttering echo from what Obama is saying.. They all make a point to help Syrian refugees and I really don't know why with the terrorist threat that they potentially pose to each Country.. Canadians should be pissed off...

**chico2663** · 06-29-16, 05:45 PM

Just because you have time to pull something off the computer doesn't mean you understand it. If anyone with a brain reads this they'll come to the conclusion that you haven't a clue

**chico2663** · 06-29-16, 05:47 PM

Originally posted by JIBBBY

The 3 amigos spoke today in unison.. What a disaster in the making!!.

Just alot of lip and wreckless thinking between those 3 in Ottawa Canada speaking together this morning.. Obama leading the charge.. Bring down America further while wanting to let in all the poor and uneducated that don't pay taxes is what he was preaching..

I understand their thinking and I know they want to help the human race and all people from all Countries but they should be focusing on protecting their own Country only.. The people elected them for that and not to save the entire human race.. The world is not ready to be saved and or want to be joined in harmony and peace..

It's all such crap coming from those 3.. The Mexican President is just a puppet and along for the ride.. He is scared shitless if Trump is elected.. It's like he wants all Mexicans to migrate to the America to build a better life while not fixing Mexico which is in the shits....

The Canadian leader seems lost or just is a stuttering echo from what Obama is saying.. They all make a point to help Syrian refugees and I really don't why with the threat that they potentially pose to each Country.. Canadians should be pissed off...

bibbs this is part of the thing that papa bush started. Yes clinton and the repubs passed Nafta but if you do some research you'll find that papa bush talked about the america's being one nation. Heidi cruz job under w was on this board

**brooks85** · 06-29-16, 05:47 PM

Originally posted by chico2663

Just because you have time to pull something off the computer doesn't mean you understand it. If anyone with a brain reads this they'll come to the conclusion that you haven't a clue

well said chico, you would do well to remember that. I don't know what you were doing in 2010 but it obviously wasn't watching me post and prove ignorant people like yourself wrong on this very topic over and over.

**chico2663** · 06-29-16, 05:49 PM

IT is why the elite are pissed about u.k. pulling out of E.U.

**chico2663** · 06-29-16, 05:50 PM

Originally posted by brooks85

well said chico, you would do well to remember that. I don't know what you were doing in 2010 but it obviously wasn't watching me post and prove ignorant people like yourself wrong on this very topic over and over.

Buddy i pulled facts out you didn't even know so I think that would make you ignorant.NOT I!

**brooks85** · 06-29-16, 05:51 PM

Originally posted by chico2663

Buddy i pulled facts out you didn't even know so I think that would make you ignorant.NOT I!

where?

and you said the community reinvestment act wasn't the issue which is pure nonsense but that is status quo for a VET who supports illegal immigrants changing the country he supposedly fought to defend. Again, you are ass-backwards in every sense.

**JIBBBY** · 06-29-16, 05:54 PM

Originally posted by chico2663

bibbs this is part of the thing that papa bush started. Yes clinton and the repubs passed Nafta but if you do some research you'll find that papa bush talked about the america's being one nation. Heidi cruz job under w was on this board

Times have changes since Papa Bush and Reagan.. Things change over decades of time. Policy and peoples wants and needs change too.

You really need to stop thinking you know more then everyone else posting on this thread and are more informed.. News in you are not..

One minute you sound like a hard core Republican with strong views and the next you sound like a tree hugging Lib that wants to suck off Obama and Hillary.. Make up your mind you kook if you haven't lost it already from the stroke you had..

**chico2663** · 06-29-16, 06:02 PM

Originally posted by brooks85

where?

and you said the community reinvestment act wasn't the issue which is pure nonsense but that is status quo for a VET who supports illegal immigrants changing the country he supposedly fought to defend. Again, you are ass-backwards in every sense.

The issue was the dirivs. not the loans. I can't make it any clearer to you. Go ask someone in the financial market. Not one of your knucklehead friends here

**chico2663** · 06-29-16, 06:04 PM

Originally posted by JIBBBY

Times have changes since Papa Bush and Reagan.. Things change over decades of time. Policy and peoples wants and needs change too.

You really need to stop thinking you know more then everyone else posting on this thread and are more informed.. News in you are not..

One minute you sound like a hard core Republican with strong views and the next you sound like a tree hugging Lib that wants to suck off Obama and Hillary.. Make up your mind you kook if you haven't lost it already from the stroke you had..

No I'm not a tree hugger. I'm a reagan or blue dog democrat. What I think is horrible is what the right have given us. Difference is i'm old enough to live and know what happened. Not what my father or teacher told me.

**brooks85** · 06-29-16, 06:06 PM

Originally posted by chico2663

The issue was the dirivs. not the loans. I can't make it any clearer to you. Go ask someone in the financial market. Not one of your knucklehead friends here

you don't even know what the derivatives were chico. You're not fooling anyone, it is honestly coming off pathetic. You can tell everything you're talking about you're just now learning.

again, the MAIN problem that caused the GFC was ultimately the community reinvestment act and you don't even know what the problem was which is why you said it wasn't a problem... not fooling anyone

without forcing ____ to loan to ____ there would not have been a problem. Good luck filling those blanks in.

**chico2663** · 06-29-16, 06:06 PM

Originally posted by chico2663

no i'm not a tree hugger. I'm a reagan or blue dog democrat. What i think is horrible is what the right have given us. Difference is i'm old enough to live and know what happened. Not what my father or teacher told me.

evidently i do because i can bring things up that neither you or alice even knew!

**chico2663** · 06-29-16, 06:07 PM

the dirivs were the block of loans that were bundled to make a investment vestibule

**brooks85** · 06-29-16, 06:09 PM

Originally posted by chico2663

the dirivs were the block of loans that were bundled to make a investment vestibule

I enjoy how you walk right into my traps... wake up. Do you see how I tricked you into proving myself right? I made it seem like you didn't know what they were so you would get defensive and answer which is exactly what you did.

You're outmatched here.

**chico2663** · 06-29-16, 06:09 PM

well i have to order my free pizza from the contest thanks to my cavs. have nice day

**chico2663** · 06-29-16, 06:11 PM

Forget About Housing, The The Real Cause Of The Crisis Was OTC Derivatives

http://www.businessinsider.com/bubble-derivatives-otc-2010-5

The bubble in derivatives raises concerns about market stability and regulatory oversight in the financial sector.

**chico2663** · 06-29-16, 06:12 PM

Brooks you are in ohio. go to someone that works in the hud industry and ask them if they ever heard of gwc construction

**brooks85** · 06-29-16, 06:13 PM

again, without the loans being bad there is no problem.

do you understand the "bets" they were making?

They had NO idea what was actually in the assets they were speculating on. None. We saw what happened when people started finding out.

Again, ninja loans were the problem and we can thank democrats' ideology for it.

**chico2663** · 06-29-16, 06:24 PM

brooks if china didn't threaten to pull their money out of the usa then it would not of been as bad. it is because of diriv. That gamble usually has paper backing it. Usually they are under the insurance comish. Just like stocks have deposit insurance for your money that is not actually owning a stock. Called f.d.i.c insurance and it also regulates your money in the bank. i think you are covered up to 100000. Well when they invested in the diriv. they told investors don't worry we will cover it. If it was a stock which they sold it has then people are out the money when it goes bad. But it wasn't a stock but they sold it as. So that is what caused the problem

**chico2663** · 06-29-16, 06:25 PM

Originally posted by brooks85

again, without the loans being bad there is no problem.

do you understand the "bets" they were making?

They had NO idea what was actually in the assets they were speculating on. None. We saw what happened when people started finding out.

Again, ninja loans were the problem and we can thank democrats' ideology for it.

DO YOU UNDERSTAND IF YOU GAMBLE AND LOSE THEN YOU ARE OUT THE MONEY? You are proving my point

**chico2663** · 06-29-16, 06:27 PM

It was the gbl law that allowed banks to go in with investment banks to go with wall street. Before that there was checks and balances but this law allowed for you to do away. they became one