kenwas

kenwas

Joined Member # 645129
0 Posts 105 Replies 1,617 Reputation
Reply to the bailout in WinCustomize Talk WinCustomize Forums

[quote]Take this with a grain of salt because i am completely shooting from the hip....I have been trying to learn as much as I can about all of this and so far I don't understand why they can't just rewrite some of the mortgages to make the homes affordable for people to keep them. Just make the 30 year mortgages, 40 year mortgages, then go back to buying and selling your packages. It is the balloon payments that are the problem. Make those go away and.......[/quote] THere is a real

38 Replies 14,116 Views
Reply to the bailout in WinCustomize Talk WinCustomize Forums

[quote]Everyone had to learn the hard way, apparently it's not a no brainer that when you loan someone money for lets say a mortgage and they cant pay it back you end up LOSING money.[/quote] That is not the issue. The lenders would package up bundles of the mortgages and sell them to other parties. Each bundle might have some futuregood mortgages, some bad in the future, some on the borderline. The bundle was then repackaged with other bundles and sold again.

38 Replies 14,116 Views
Reply to the bailout in WinCustomize Talk WinCustomize Forums

[quote]This is not an issue of let the aholes suffer the consequences of their own actions. The US would drag much of the world into a Depression as occurred in the 1930's if nothing is done. Yet a bailout without a significant regulation overall will simply lay the groundwork for another ecomic meltdown in the future. [/quote] Correct and nice job stating the issues. I would add to that the need for congress to actually perform their oversight functions as the new regs will b

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Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]Their rapacious profits need to be "redistributed".[/quote] Oh yes! Most important to feed the greed of the underclass, how else we will get them in the game! Heheheheheheh!

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]it all boils down to consumer/stockholder driven economics which if unregulated (by laws and conscience) yield the current incredible mess.[/quote I just think one has to be consistant in approach. If one is a believer in the less regulation the better, than one should also be against any bail out and let the chips fall where they may however ugly that may be. Likewise if one favors regulation, it must require the effort of proper oversight and account

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]That is the reason punitive action is needed now for the insatiably greedy people NT mentioned in his post.[/quote] I think you fall victim to a matter of classic diversion. CEO contracts, like any other contracts are based on a competitive employment market place. The shareholders are presented with options for leadership. They are more than willing to pay enormous bonuses to earn enormous reward. " I have a proven track record of success. I will

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]The truth hurts: We have been profligate in our spending, inadequate in our saving and greedy in our investing. A RADICAL overhaul is needed:[/quote] Agreed. I assume that that is Bush's fault as well? I am not as willing to assume that 50% of the country are just morons who all got fooled by Bush into acting as you describe. If that is the case that he has got to be incredibly brilliant and powerful. The radical overhaul needs to be with each of us individua

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]The truth hurts: We have been profligate in our spending, inadequate in our saving and greedy in our investing. A RADICAL overhaul is needed:[/quote] Agreed. I assume that that is Bush's fault as well? I am not as willing to assume that 50% of the country are just morons who all got fooled by Bush into acting as you describe. If that is the case that he has got to be incredibly brilliant and powerful.

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]Nothing for our kids, but everything for Bush's buddies! Why isn't he in jail for malfeasance? [/quote] You seem to live in a world where Bush is responsible for everything and congress responsible for nothing even when the Dems are in control of same. Please note that Bush put forth a bill in 2003 to redo Fan and Freddy as they seemed to be heading out of control and congress said no because they wanted to be sure that lower income groups could get mortgages.

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

I can tell yoyu one thing. Based on the deal going down today for the gov to assume alll the bad mortgages out there and take them off the banks/instiutions books, it will be the high of irresponsibility and realy difficukt for either candiadte to give a tax break to ANYONE. We are talking about close to a trillion dollars added to the public debt. Taxing the 5% classified as rich won't even begin to cut it. It will be on to plan B for both cadnidates!

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]People should just state who they like, why they like them and live and let live.[/quote] Surely you jest! What if someone's liking for a candidate is based on misinformation? There must surely be a place for FACTS in all this on both sides!

599 Replies 1,177,953 Views
Reply to Palin Hacker/Lamer Revealed! in Internet WinCustomize Forums

[quote]McCain is trying to say he is a candidate of change but he has voted in line with Bush over 90% of the time and he has admitted to it.[/quote] This seems to be always mentioned, but rarely mentioned is the fact that Obama voted with Reid 98% of the time. This is change or pure partisanship?

599 Replies 1,177,953 Views
Reply to Google Chrome in Personal Computing WinCustomize Forums

I got quite a kick out of this comment from Peter Cullen, head of privacy for Microsoft, in his reaction Chrome. "Cullen expects Google to sharpen its approach to privacy in the future as Google's dominance of search advertising--exactly where Microsoft would like to make its mark--continues. "The thing is, any time you get a provider in the market that has a predominantly large share of that market, questions start to get asked about their practices, about what their mot

75 Replies 192,760 Views