Arizona's New Immigration Law

[JoeRedskin]

Originally Posted by joethiesmanfan

Typical know everything conservative. They have all the answers. Talk about opver simplify "cut taxes" is the way to Nirvana.

1. Did I assert that cutting taxes is the way to Nirvana?

2. Did I assert that I know everything?

3. Did I make sweeping general statements about complex financial relationships?

4. Did I make generic assumptions about large groups of people with points of view different then mine?

Did you do any of the above?

I would put you on ignore, but I find your semi-informed, over simplifications morbidly fascinating.

[joethiesmanfan]

Originally Posted by JoeRedskin

1. Did I assert that cutting taxes is the way to Nirvana?

2. Did I assert that I know everything?

3. Did I make sweeping general statements about complex financial relationships?

4. Did I make generic assumptions about large groups of people with points of view different then mine?

Did you do any of the above?

I would put you on ignore, but I find your semi-informed, over simplifications morbidly fascinating.

What came first the chicken or the egg? Did the inventory of (over building) houses exist before the sub-prime loans? Why would banks design such crazy loans? What would be their motivation? Government pressure? When have banks ever operated in this fashion?

[Rainy Parade]

Originally Posted by joethiesmanfan

Why would banks design such crazy loans? What would be their motivation?

duh... money.

they didn't care if there were actual bodies in actual houses. they'd package up all these loans and sell them off to someone else. it was like hot potato they were just passing shit around to each other making money.