Goodbye to the Bulls?

Member Comments

• • Reply
  • Report Abuse

  Posted By: kchari@bestweb.net @ 10/23/2008 3:08:45 AM

  I do not see housing finance as the prime problem. The fact is that the mortgagese were given to those who are and were financially unable to pay the instalments throwing away sound banking principles. The same is true with regard to Credit Card financing. You can indefinitely extend the Credit card debt charging interest and ask for minimum payment and book the profit while the capital extended would eventually would become bad debts. The whole mess is created selling to the consumer to live for today and accumulate debts payble by your kids and grand kids and many more generations. Well the the days has come for accountability and it has not waited for your kids and grand kids.
  Kris Chari

• • Reply
  • Report Abuse

  Posted By: OnlyCureJGK @ 08/05/2008 3:55:40 PM

  The problem is simple corruption needs to be stopped beginning with those who have profited for years from corruption. Please look up this individual ---- Nelson Wilmarth Aldrich ---- he was the father in law of Mr. Rockefeller who's family went on to controll the private banks which became the central bank the FED which is a private institution. This individual Nelson came up with the Income Tax and The Central Bank. Follow the money and you will find the corruption behind the problems in society. For 240.00 the Central Bank the Fed can create 1 million dollars then using the IRS they can bilk the public for 1 Million plus interest. Its easy math to see they have the complete control of the US government and even the world. Money is the root of all evil. Look up the owners of Standard oil it is a circle leading right back to the FED.
  
  

• • Reply
  • Report Abuse

  Posted By: blessedone @ 01/31/2008 7:30:06 AM

  These bankers know their customers better then they customers know themselves, this is all creative net working a money game that they're playing. how can you blame a straving man for eating the bread that someone is handing him who has arterial motives behind their deceptive gesture of generosity. and believe me these bankers had did their homework up there on capital hill, by lobbying and spreading money for the protection they needed so the law want come after them, for the shrewd shell game they play on the american people. Wake UP! dress a pig up any way you like, it's still greed and simple con.