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Subprime lending to trigger world’s worst financial crisis since 1929
Asia News ^ | September 19, 2007 | Maurizio d'Orlando

Posted on 09/20/2007 4:55:46 PM PDT by NYer

click here to read article


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To: jedward

crawled back under a rock?

: )


501 posted on 09/21/2007 6:36:52 PM PDT by nicmarlo
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To: nicmarlo

“I also hear from some people their utter belief in everything and anything that comes out of the White House Propaganda Printing Press.”

Parrots...delusional parrots.


502 posted on 09/21/2007 6:38:49 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: nicmarlo

What’s you feeling on the DREAM ACT? GWB and his followers want that done before he leaves office...


503 posted on 09/21/2007 6:42:05 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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That’s OT...sorry ‘bout that.


504 posted on 09/21/2007 6:44:15 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

The Dream Act?

That’s just another amnesty being shoved down American throats as we are spit on, again, by the so-called conservative Republicans who were elected to represent America and her legal citizens and their own constituents, but who represent globalists, elitists, corporate greedholders, Mexico, and Mexican illegals, instead.


505 posted on 09/21/2007 6:44:42 PM PDT by nicmarlo
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To: nicmarlo; jedward
get a room

:)

506 posted on 09/21/2007 6:47:35 PM PDT by Borax Queen
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To: Borax Queen; jedward
foflol!!!

Aw......BQ, you jealous?

I haven't figured out "the rule" yet....am I only allowed to post to a particular FReeper a particular number of times per thread, or per day before I'm told I'm in a "tag team" or need to "get a room"?

507 posted on 09/21/2007 6:50:18 PM PDT by nicmarlo
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To: samiam1972

“Are you on the right thread? ;o)”

I’ll drink to that!


508 posted on 09/21/2007 6:51:12 PM PDT by e_castillo (We should fear the Environmentalist Inquisition...)
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To: nicmarlo

“That’s just another amnesty being shoved down American throats as we are spit on, again, by the so-called conservative Republicans who were elected to represent America and her legal citizens and their own constituents”

Good synopsis there! I’ve seen some of them as of late, not them per se’, but their words. I’m wondering what exactly their going to do once their ‘dear leader’ is no longer in office? Side-note...’dear leader’ is a phrase typically reserved for Communist and Dictator regimes, yet I’ve seen it used here many times. Not THAT is interesting (lol) One wonders...


509 posted on 09/21/2007 6:51:30 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: nicmarlo; jedward

You got it, kiddo! Only once or twice per poster or we might get FR-envy. As per Bot-ulism rooles.


510 posted on 09/21/2007 6:51:33 PM PDT by Borax Queen
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To: Borax Queen

LOL...too early yet


511 posted on 09/21/2007 6:52:49 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

lol!


512 posted on 09/21/2007 6:53:09 PM PDT by Borax Queen
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To: Borax Queen

“As per Bot-ulism rooles.”

lololol


513 posted on 09/21/2007 6:54:14 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: Borax Queen; jedward; processing please hold
You got it, kiddo! Only once or twice per poster or we might get FR-envy.
As per Bot-ulism rooles.

514 posted on 09/21/2007 6:57:38 PM PDT by nicmarlo
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To: jedward
Side-note...’dear leader’ is a phrase typically reserved for Communist and Dictator regimes, yet I’ve seen it used here many times

That is interesting.

515 posted on 09/21/2007 6:58:35 PM PDT by nicmarlo
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To: nicmarlo

Do you happen to know if Saudi Arabia dropped their interest rests in step with us yet? I know as of yesterday that hadn’t. First time in history they’ve not followed us. Wondering what that means?


516 posted on 09/21/2007 7:00:19 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: Toddsterpatriot
You have a talent for displaying unadulterated ignorance. You are pointing nobody in the right direction. You think private equity is not a part of banks? Did you bother to read the thread article? Apparently not since the subject is the banks and their unregulated investing ventures. If you were fully knowledgeable rather than at most partially knowledgeable you would know that private equity hedge funds are affiliated with banks as their surrogates for hedging activities. Part of that activity was involving mortgage backed securities.

These hedge funds are permitted transactions with the Fed via authorizations with affiliate banks. So your claim about private equity not having access to the discount system is BS. They access the Fed the same as outsiders are authorized to access our bank accounts.

Yes banks allowed their hedge funds both to borrow funds and to buy the MBS that they underwrote and issued. The banks unloaded the subprime to preserve their own credit ratings and gambled that their hedge funds would yield a higher return.

We’re done here. You exhibit a sophomoric understanding of how the markets work. Further response is not needed.

517 posted on 09/21/2007 7:00:27 PM PDT by Hostage (Fred Thompson will be President.)
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To: Hostage; Toddsterpatriot

We’re done here. You exhibit a sophomoric understanding of how the markets work. Further response is not needed.


Hey, Toddsterpatriot is an FR tradition!


518 posted on 09/21/2007 7:03:13 PM PDT by durasell (!)
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To: durasell

LMAO!!! Bump!


519 posted on 09/21/2007 7:04:49 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: Hostage

Mega Bump!!! Priceless...


520 posted on 09/21/2007 7:05:58 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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