09-23-2008, 11:38 AM
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God
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Join Date: Jun 2007
Location: Central NC
Posts: 5,868
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Is anyone else mad?
Correct me if I'm wrong cause I am not the brightest guy.
A bunch of rich guys decide to start loaning money to people who cant pay it back, (making a bunch of money off of the upfront fees) the rich guys, knowing the people cant pay back the money, sell the loans to others defrauding them into thinking that the loans will be paid back, making MORE money. Then these guys sell it again and again, kinda like a hand grenade, don't be holding it when time is up.
People stop paying cause they cant and the government says, "don't worry rich guys, here's $700 Billion (which they have to borrow cause we dont have it), we will buy all the loans that people cant pay back.
WTF!!!!!!!!!
And I don't see anyone from any party sticking up for US!
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Sold - 1984 V-20 Cuddy with a 2003 Johnson 140 hp gas sippin 4-stroke.
1995 Ranger 250C with a 2015 Suzuki 300 hp 4-stroke.
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