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Re: "Fasten Your Seatbelts": Kyle Bass Previews The Collapse Of China's $34 Trillion Banking Sector 

By: capt_nemo in POPE IV | Recommend this post (1)
Thu, 11 Feb 16 10:49 PM | 89 view(s)
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Msg. 03635 of 47202
(This msg. is a reply to 03625 by micro)

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roger that micro. I had a mortgage broker who said just that. 100% approved loans. He changed income and all kinds of things just to get the loans approved. What a a scam all of this is.......




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Re: "Fasten Your Seatbelts": Kyle Bass Previews The Collapse Of China's $34 Trillion Banking Sector
By: micro
in POPE IV
Thu, 11 Feb 16 5:52 PM
Msg. 03625 of 47202

I have a general question.
Has ANYONE, ever, been charged, with what happened during all the years of FREE HOUSING LOANS to people with NO BACKGROUND CHECKS, no identification, not allowing to ask whether someone actually had the ability to pay the mortgage, 100 percent loans, all of which of course contributed to the DERIVATIVE sales of packaging and selling BAD DEBT LOANS to all the rest of the banks in the world?

HOW is it that those in office who perpetrated this CRAP and gave the orders to NOT ASK ANY QUESTIONS at Fannie MAE or Freddie her brother, have NOT BEEN held accountable but rather have received huge bonuses for messing up the economy in a huge way?

Here we are in 2016 with those poisoned derivative loans holding the entire banking system in the world hostage and at the brink of collapse.

China has another problem other than this, but nowhere in this country are political HACKS ever HELD ACCOUNTABLE for their DESTRUCTIVE actions.....

IF TRUMP would PROMISE to go after all these people and prosecute them to the fullest,, imprison every single one of them, I would vote for him in a heartbeat!

You know nobody else will....


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