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In reply to the discussion: Geithner Admitted Administration Sacrificed Homeowners to ''Foam the Runway'' for Banks [View all]Like I'm really surprised!
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Geithner Admitted Administration Sacrificed Homeowners to ''Foam the Runway'' for Banks [View all]
Octafish
Aug 2013
OP
"Keep this in mind while Obama prattles on about his undying support for the middle class."
bahrbearian
Aug 2013
#1
Neil Barofsky Gave Us The Best Explanation For Washington's Dysfunction We've Ever Heard
Octafish
Aug 2013
#26
Just read that book. Really appalling. Geithner was strictly on the banks' side.
eppur_se_muova
Aug 2013
#95
Let me guess your point. Because it's hearsay it couldnt possibly have happened. In other words,
rhett o rick
Aug 2013
#6
10 million families yanked out of their homes in foreclosures; $20 billion 2nd qtr 2013 profit
jtuck004
Aug 2013
#23
Yes I'm serious. I know many on this site have no appreciation for banks but it is the lending
dkf
Aug 2013
#10
You make the assumption that our banking system is decent, and THAT'S a stretch...
LaydeeBug
Aug 2013
#11
If you had to choose one you'd choose a few million homeowners and crash the banking system?
dkf
Aug 2013
#14
I would save the millions of homeowners and let the irresponsible private banks fail
fasttense
Aug 2013
#18
To suggest the banking system would fall because of the homeowners is utter BULLSHIT...
LaydeeBug
Aug 2013
#35
I have no idea where you get that 'it's ok to sacrifice millions of homeowners'
LaydeeBug
Aug 2013
#48
That's ridiculous. Whatever happened to those homeowners was not the pivotal point.
dkf
Aug 2013
#57
You are the one turning a blind eye, dear...they ain't lending, and you damn well know it. nt
LaydeeBug
Aug 2013
#49
But lending allows the investment that allows the use of labor to create excess supply.
dkf
Aug 2013
#20
Yeah but when they stop lending and start hoarding the whole thing grinds to a halt
tularetom
Aug 2013
#36
Since you brought it up, the Bible has a fair bit to say about money lenders
Electric Monk
Aug 2013
#37
That is what you think the country was founded on? Made the progress to become
matthews
Aug 2013
#39
FDR answered that in roughly 1933. Homeowners more important than thieving bankers.
jtuck004
Aug 2013
#25
Thieving, lying bankers and the politicians they buy are not necessary, no. n/t
jtuck004
Aug 2013
#29
Conflating good business with thievery. The Master's money can buy many tongues. n/t
jtuck004
Aug 2013
#34
When thieves do their work, many good things leave as well. I wonder why you want to piss
jtuck004
Aug 2013
#67
The change in the banking system occurred with repeal of Glass-Steagall which legalized thievery.
AdHocSolver
Aug 2013
#71
What I described was why our current banking system failed the U.S. economy.
AdHocSolver
Aug 2013
#82
Considering they used the bailouts for bonuses for themselves and lavish parties?
Spitfire of ATJ
Aug 2013
#73
I just listened to that video and he never says "designed to sacrifice homeowners."
pnwmom
Aug 2013
#32
But the program was designed to sacrifice homeowners, because the banks designed it
TiberiusB
Aug 2013
#85
Whatever the banks did, the administration didn't design the program to sacrifice
pnwmom
Aug 2013
#86
Citizens Used As 747 Crash Pads Such That Oligarch Bankers Might Have A Soft Landing - Despicable
cantbeserious
Aug 2013
#44
Admitted! Fuck u Tim G. Fuck u. We don't need no admission. It's as plain as fuckung day.
geckosfeet
Aug 2013
#63
The got $7 trillion in cheap loans and the fuckers still didn't help out the homeowners.
GoneFishin
Aug 2013
#66