tag:blogger.com,1999:blog-2606342.post1301974839306843716..comments2023-11-05T05:04:07.847-05:00Comments on Internet Anthropologist Think Tank: Who ordered the destruction of the GOP?geraldhttp://www.blogger.com/profile/15980104227772258023noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2606342.post-53293281578582619322011-04-19T03:01:55.705-04:002011-04-19T03:01:55.705-04:00"genesis of the payday loan business , sub-pr..."genesis of the payday loan business , sub-prime loans" There is now way to justify 460% interest rates, its criminal. Nor is there justification for what sub-prime became, "D" grade paper sold as "AAA" and what is your alleged expertise? Anonymous.<br /><br />Your implications point to a shallow or twisted understanding of these economics.<br /><br />Mine is a series 3 and 7 Brokers Lise.<br /><br />Ggeraldhttps://www.blogger.com/profile/15980104227772258023noreply@blogger.comtag:blogger.com,1999:blog-2606342.post-75857858670632328482011-04-19T02:56:02.137-04:002011-04-19T02:56:02.137-04:00Your assertions are simply not true, they could ha...Your assertions are simply not true, they could have been broke up, or taken over and run during the emergency, then<br />broke up.<br />We are not stealing from Billionaires simply taxing them, this is not India and they are not holy cows.<br />Ggeraldhttps://www.blogger.com/profile/15980104227772258023noreply@blogger.comtag:blogger.com,1999:blog-2606342.post-26548186599363732592011-04-19T00:32:14.537-04:002011-04-19T00:32:14.537-04:00And I forgot to add..
You don't appear to und...And I forgot to add..<br /><br />You don't appear to understand the genesis of the payday loan business , sub-prime loans, and the others you mention..when I read your comments on things in which I am expert it mitigates my respect for your views on which I am not..Not about GOP buddy...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2606342.post-19498105017838370832011-04-19T00:26:02.691-04:002011-04-19T00:26:02.691-04:00Gerald,
You have to stop smoking the good stuff.
...Gerald,<br />You have to stop smoking the good stuff. <br /> Had Bush and the GOP allowed the banks to fail, the aftermath would have been worse than any war you have witnessed. <br />I dont' read your twitter posts for your political commentary. Simply not your expertise. I also don't think you have a clear understanding of the courageous decisions that Hank Paulson and Bush made in that period. I'm not pleased that the banks have been given the dough they have, but the alternative was simply unthinkable. For such an incredibly smart guy, you don't seem to get that. I know you and I are both entitled to our own opinions, but yours are misguided.<br />Wealth in this country will cease to exsist and we will all become victims of poverty and lifestyles similar to that of third world countries if you endorse tax policies that steal from people who are successful and redistribute those assets to people who refuse to work and contribute to society.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2606342.post-78862752817305954272011-04-18T15:50:41.060-04:002011-04-18T15:50:41.060-04:00There is plenty of blame for the Republicans but l...There is plenty of blame for the Republicans but let's not forget that Obama was elected in 2008 and his administration controls the DOJ and from 2006-2010 the Democrats controlled congress and still control the Senate.<br /><br />Both parties get money from the financial sector. Which is why TARP passed with broad bi-partisan support. The last couple election cycles, the Democrats received more money from wall street.<br /><br />I don't really agree with what is going on in MI but I also don't know much about Benton Harbor's fiscal situation.<br /><br />From what I understand about the legislation, Benton Harbor would have to be on the brink of bankruptcy and not have a plan to deal with it on their own before the state could step in.<br /><br />Would the state of MI be required to pay for all of Benton Harbor civil services if the city is unable to meet it financial obligation?<br /><br />If you are interested here are some links:<br />http://www.legislature.mi.gov/documents/2011-2012/billanalysis/Senate/pdf/2011-SFA-0153-A.pdf<br />http://www.michigan.gov/documents/treasury/FAQs_Act_4_348233_7.pdf<br />http://www.michigan.gov/treasury/0,1607,7-121-1751_51556-198770--,00.html<br /><br />"A local government, with a two-thirds vote of its governing body, may appeal the Governor's determination to Ingham County circuit court. The determination may be set aside only if found to be either:<br /><br />(a) Not supported by competent, material, and substantial evidence on the whole record.<br /><br />(b) Arbitrary, capricious, or clearly an abuse or unwarranted exercise of discretion."<br /><br />I am assuming the city government went to court but a quick google search didn't reveal anything.Anonymousnoreply@blogger.com