bushmanbilly
Cave Dweller
Member since October 2008
Posts: 4,719
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Post by bushmanbilly on Jul 14, 2013 15:21:35 GMT -5
Because if you need to fill in a hole someone else made, you have to pick up the shovel to do it. You couldn't figure that out?
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 14, 2013 17:39:14 GMT -5
Jim & Helen, it's not yet time to claim victory. One profitable month ain't enough. The CBO says True Cost of Fannie, Freddie Bailouts: $317 Billion. One measly profitable month is not a success. Show us how all the tax dollars spent on Fannie & Freddie were returned to the taxpayers and I'll join the cheers. Until then, it's just re-distribution of stolen money. Sheesh, I am not claiming victory. I just stated that no matter how much good (big or little added new) comes out ya'll will find something to bitch about. The only way to a trillion is through the first dollar no matter how you steer your boat. But if ya'll want to be pessimists I think it is funny. And all the hatred on here is going to make ya'll die young. Hatred kills the soul. Well, if you have one. lol Jim
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 14, 2013 19:45:24 GMT -5
Nice post Jim.
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Post by helens on Jul 14, 2013 19:59:27 GMT -5
Jim, what makes you think any of these people have souls? Look what they argue about:).
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 14, 2013 22:29:28 GMT -5
Nice guys. Courteous posts.
I notice you ignored my point. The fact a short term profit is meaningless.
Thereby removing the relevancy of the original post entirely!
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Post by helens on Jul 14, 2013 22:38:29 GMT -5
Nothing short term about it, they are going to make bank for a very long time. What they are doing should be illegal, it's so profitable. But the bank CEO's are clearly too stupid to figure it out.
This Admin is the most brilliant I can think of back to George Washington for making the USA money. Beating the stock market at its own game is unheard of, but they're doing it.
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 14, 2013 23:41:50 GMT -5
Nothing short term about it, they are going to make bank for a very long time. What they are doing should be illegal, it's so profitable. But the bank CEO's are clearly too stupid to figure it out. This Admin is the most brilliant I can think of back to George Washington for making the USA money. Beating the stock market at its own game is unheard of, but they're doing it. It's easy to beat anyone at any game, if you can print the currency. That requires zero genius. The fact they are trying to beat the private sector at any game is scurrilous. The government is supposed to govern, NOT compete in the world of anything let alone banks. Doesn't matter, you are tall, asian and pretty. If you stick to that, the world will be a better place.
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Post by helens on Jul 14, 2013 23:50:15 GMT -5
You are so weird.
Obama is brilliant because all he did was 'save' the mortgage companies. He just happened to save them by making them give the Treasury all their profit. At the time they had no profits:).
That's what successful business does... buy unprofitable businesses... and turn them around. It's called investing in the future. And yes, the Gov't does that every day... invest in the nation's future. As I said, few Admin have taken that so profitably far.
Are you upset that Obama is saving the country? Have you fallen so far for the foreign propaganda that you think that's a bad thing?
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 14, 2013 23:52:22 GMT -5
reductio ad absurdum
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Post by helens on Jul 14, 2013 23:58:02 GMT -5
Now I know you don't understand the meaning of that term:).
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robsrockshop
has rocks in the head
Member since August 2012
Posts: 715
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Post by robsrockshop on Jul 16, 2013 21:40:16 GMT -5
Looks like someone doesn't know how big the 'real' debt is or wouldn't be praising pennies on the thousand dollar bill.
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