Tweet

Originally Posted by trip

80% of banks had zero sub-prime jam down per the law

so tell me how did 100% of all banks end up with sub-prime

u said it dave, there will always be sub-prime, and in da car biz there are only a few sub primers, everyone wanted a piece of sub-prime so they could jump on the securitization band wagon, which had zero to do with clinton, clinton did not mandate securitization nor the accompanying derivative insurance that was no regulated, that all happened under bush

100% had to compete...but not 100% are in the mess that the other 20% are.
also...there's TONS of sub-prime lenders for cars.
ford motor credit does sub-prime
gmac does sub-prime
toyota america has sub-prime
chase has sub-prime
national city banc
citi-banc
wells fargo
nicholas financial
consumer portfolio services
western funding
genisis financial.....
do i have to put them all....there's many, many more than you think bro.
not to mention all the credit unions.

just like with auto's, the banks had to get "creative" to get the piece they wanted, and wanted to increase, their market share...the ones that did that with poor policies, policies derived from trying to chase fanny, freddy, country wide, they tanked (happens in auto's all the time...we'd use them up, knowing they got a piss poor chance of sticking around becouse of their EASY criteria, and they'd always be another dum**** trying to keep up with the jones's for us to bleed...i assume mortgage brokers are the same way). though i'm no-where near as edjucated as you, i do believe i have some knowledge in this field and i do believe i'm way more correct than you think.

TweetDAVE YOUR SMART DONT UNDER ESTIMATE YOUR SELF. TRIP POSTS LIBERAL SPEW MAN

TweetOLBERMANN IS THE MAN!!!!!
AGAIN...LOL

Tweet

Originally Posted by straydoglogic

OLBERMANN IS THE MAN!!!!!
AGAIN...LOL

Are you sure you are not a liberal?

Tweet

Originally Posted by baby1

Are you sure you are not a liberal?

i dont know..maybe i am...i visited amsterdam recently and realized that its the greatest city on earth...mostly labor party but a few liberals...
but i say this and stand by it...
OLBERMANN IS THE MAN!!!!!LOL

Tweet

Originally Posted by straydoglogic

i dont know..maybe i am...i visited amsterdam recently and realized that its the greatest city on earth...mostly labor party but a few liberals...
but i say this and stand by it...
OLBERMANN IS THE MAN!!!!!LOL

SO YOU DONT THINK THAT ANY UNITED STATES CITYS ARE BETTER THEN AMSTERDAMN. AND I KNEW ALL ALONG YOU WERE A LIBERAL ANYONE COULD SEE THAT

Tweet

Originally Posted by FUZO

SO YOU DONT THINK THAT ANY UNITED STATES CITYS ARE BETTER THEN AMSTERDAMN. AND I KNEW ALL ALONG YOU WERE A LIBERAL ANYONE COULD SEE THAT

ok...before this get out of control, me and j will voluteer to take our time and fly to amsterdam for 2 weeks. we'll un-biased and will give you a fair decission based on our experience with major us cities....fair enough?

fuzo, you and baby1 get to watch the kids and pay airfare
stray, you cover the hotel and food


that should work

TweetHere comes McCain!!!------->

Tweet

Originally Posted by daved150

ok...before this get out of control, me and j will voluteer to take our time and fly to amsterdam for 2 weeks. we'll un-biased and will give you a fair decission based on our experience with major us cities....fair enough?

fuzo, you and baby1 get to watch the kids and pay airfare
stray, you cover the hotel and food


that should work

COOL WE WILL SEND YA'S THERE AND WATCH THE KIDS.

Tweet

Originally Posted by gator_mclusky

Here comes McCain!!!------->

no no you mean McCain: