It’s Not Illegal, Just Unethical… Pressure To Take Money You Can’t Afford!

4 Responses to “It’s Not Illegal, Just Unethical… Pressure To Take Money You Can’t Afford!”

1. KyleAndrews Says:
   September 25th, 2008 at 2:59 pm

   What is more shocking is the tally of consumer debt mentioned in the video standing at nearly a trillion dollars. That being said although I DON’T believe in socialism I must admit that I would have rather seen the bailout be for the people. This would free us up to continue to spend and grow. I know this seems shallow but reality is that 70% of GDP is consumer spending.

   Now as for the video why should we be surprised about this. Look at the entire housing debacle its all about debt creation. Illegal or not we can only create debt to continue to expand. This is why we are finished.

   Kyle

   IndependentConservative reply on September 25th, 2008 at 4:32 pm :

   Now as for the video why should we be surprised about this.

   Do you really think ANYBODY is “surprised” ? I highly doubt anybody is surprised other than the bankers themselves, that they’ve been exposed, again.

2. stan Says:
   September 26th, 2008 at 12:52 am

   Perhaps this is what C. Peter Wagner, Dutch Sheets and the rest of the NAR, et.al. mean when they prophesy the Great Transfer of Wealth - bank loans you don’t have to pay back, backed by the working taxpayers. Here, I thought they were just a bunch of cheap, deluded prognosticators.

   IndependentConservative reply on September 26th, 2008 at 2:18 am :

   

   I mean that made me laugh so hard I wanted to pound the table!

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