Greenspan says ARMs might be better deal Posted 2/23/2004 WASHINGTON — Federal Reserve Chairman Alan Greenspan said Monday that Americans' preference for long-term, fixed-rate mortgages means many are paying more than necessary for their homes and suggested consumers would benefit if lenders offered more alternatives. . . . Greenspan also said U.S. household finances appeared generally sound, despite rising debt levels and bankruptcy filings.
Greenspun specifically stated that ARMs were a better form of mortgage you can find the quote. Google it.
If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nations credit
Its not going 2 work nothing is going 2 work. The game is fixed. Please google video search the creature from jekyll island. Email if u want more enough. Preapare people food, water,soap, med supplies etc. its going 2 get very bad. Its not about money @ all its about power period. The elite r getting ready 2 try an eliminate 4.5 billion people off the earth. Google search Ga Guide Stones "MAINTAIN HUMANITY UNDER 500,000,000 IN PERPETUAL BALANCE WITH NATURE!" Its that sick & its still standing.
What on earth are you on about? This whole problem has been caused by "bad debt" ie, people defaulting on loans who should have NEVER been given on in the first place.
1. (sometimes initial capital letter) a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc.
Google :"New Agency Proposed to Oversee Freddie Mac and Fannie Mae".
New York Times
STEPHEN LABATON
Published: September 11, 2003
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
Nice talking point: Bush went to Court to prevent the individual state governments from stopping the mortgage crisis--as it began--which is to say the states couldn't enforce their own laws, simply because some institutions have federal charters?
"Thou shalt not steal" was set down long before Western Civilization.
They have us n a trap as we speak, the army is being deployed on American streets Oct 1 watch?v=ufxsUCKJ51M . Either way they r going 2 implement Martial Law. Please do not do anyting stupid & this point & time. Protect your family but do not, I repeat do not go out n the street & try & start a civil war. Jets have been flying over my house everyday on the reg. They r gearing up 4 something big. Warn others. America is being Highjacked trust me. watch?v=_j3TS7v-bx0 habiuscorpus is dead.
They have us n a trap as we speak, the army is being deployed on American streets Oct 1watch?v=ufxsUCKJ51M . Either way they r going 2 implement Martial Law. Please do not do anyting stupid & this point & time. Protect your family but do not, I repeat do not go out n the street & try & start a civil war. Jets have been flying over my house everyday on the reg. They r gearing up 4 something big. Warn others. America is being Highjacked trust me. watch?v=_j3TS7v-bx0habiuscorpus is dead.
(On the young turks vid he was saying since this is a world problem why is it only United States that has to pay.) Nobody pays for our mistakes you don't see any white knight riding in to save the day. We sure do have alot of allies when it comes to blood though. What does that say about leaders across this world.
i have called, faxed, emailed several times over the last 2 days. Here's the latest:
Dear Senator Webb,
You MUST reject the Paulson/Bernanke plan for bailing out and propping up reckless banks at taxpayer expense. This is madness to ask us, the taxpayers, to cover the liabilities of Wall Street.
We are tired of being fleeced. If you vote to support this plan, I will do everything in my power to remove you from office before you can give away any more of our money to failed businessmen.
First, its $85 million, now an additional $700 billion (which we don't have), how much more will it be a month from now???
If I don't pay my bills, I am not certainly not given a blank check. Same goes for Wall Street criminals and Congress that allowed this to happen. NO MORE.
The companies will take the 700billion..prop their companies so that they LOOK clean and profitable..then they'll start to Rape them..Take out their big bonuses(much later of course, after they appease the govmt with some small profit if any) and then really tank them..and start all over again in another corporation!
because they have the American Taxpayer to bail them out..!! When are we going to learn?????
the democrats and republicans reached an agreement but are not disclosing what they agreed on. We the people will not stand for a white wash on this subject. I just thought i'd let you know whats happening. Hotep!
Well Karl your suggestion that people call Congress seems to have worked. I've seen various tv reports with 100 to 1 in favor of no. I think congress has the message, but I think the weasly bastards will go ahead and vote for this swindle anyway.
Bush caused this in the first place by de-regulating the banks. Was there anything in the speech about helping people keep their homes? This is completely outrageous!!
Tarp and every other bail out since has been nothing more than politicians taking care of their masters. Their special interest buddies. Not us.
numba1stunna4269 1 year ago
I don`t think its fair to compare Freddy Krueger and Edward Scissorhands.
cheaplightning 2 years ago
Greenspan says ARMs might be better deal Posted 2/23/2004 WASHINGTON — Federal Reserve Chairman Alan Greenspan said Monday that Americans' preference for long-term, fixed-rate mortgages means many are paying more than necessary for their homes and suggested consumers would benefit if lenders offered more alternatives. . . . Greenspan also said U.S. household finances appeared generally sound, despite rising debt levels and bankruptcy filings.
WisdomisCalling 3 years ago
Greenspun specifically stated that ARMs were a better form of mortgage you can find the quote. Google it.
If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nations credit
Sir Josiah Stamp 1880-1941
WisdomisCalling 3 years ago
UPDATE ON THE ECONOMY, DOMESTIC ISSUES AND THE ARMY PATROLLING THE USA NEXT WEEK
watch?v=P1qOMCBLIB0
(paste at the end of the browser)
ethogenic 3 years ago
This seems like a good time to buy more ammo.
AmericanFabricator 3 years ago 5
Its not going 2 work nothing is going 2 work. The game is fixed. Please google video search the creature from jekyll island. Email if u want more enough. Preapare people food, water,soap, med supplies etc. its going 2 get very bad. Its not about money @ all its about power period. The elite r getting ready 2 try an eliminate 4.5 billion people off the earth. Google search Ga Guide Stones "MAINTAIN HUMANITY UNDER 500,000,000 IN PERPETUAL BALANCE WITH NATURE!" Its that sick & its still standing.
offthahook08 3 years ago
I wrote, I faxed.
mn8aol 3 years ago 3
Long may you run!
Phillipdmind 3 years ago
well, yeah but i'm sure he's promised the asia and some of the other central banks a big piece of the pie to encourage them to buy up all our crap.
TyredUvBS 3 years ago
What on earth are you on about? This whole problem has been caused by "bad debt" ie, people defaulting on loans who should have NEVER been given on in the first place.
mattd49 3 years ago
If Paulson accepts US Taxpayer bailout his decisions must be:
DIRECT QUOTE
"Non-reviewable and committed to agency discretion
and may not be reviewed by any court of law
or any administrative agency"
Still think this isnt bullshit?
GOOD VIDEO-
giantshadows 3 years ago
fas·cism /ˈfæʃɪzəm/ fash-iz-uhm]
noun
1. (sometimes initial capital letter) a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc.
wow, an exact match
TyredUvBS 3 years ago
I've said it before & I'll say it again. Main reason NOT to believe this $700 BILLION bailout is necessary-----because BUSH said so.
He has lied to us before, and he's lying to us again.
cv1122 3 years ago
Google :"New Agency Proposed to Oversee Freddie Mac and Fannie Mae".
New York Times
STEPHEN LABATON
Published: September 11, 2003
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
zupf 3 years ago
If this bill passes I hope your willing to pay 10.00 for bottle water. Prices will go through the roof. The dollar will drop like a hott potatoe.
offthahook08 3 years ago
Nice talking point: Bush went to Court to prevent the individual state governments from stopping the mortgage crisis--as it began--which is to say the states couldn't enforce their own laws, simply because some institutions have federal charters?
"Thou shalt not steal" was set down long before Western Civilization.
daozenrod 3 years ago
Wasn't Eliot Spitzer probing something, and they got him on a wiretap
UcantBeSerious03 3 years ago
Project Paperclip watch?v=EoL1HqIAA2E thebushconnectiondotcom the nazis are here trust me. They are here and they are in charge of your goevrnment.
offthahook08 3 years ago
They have us n a trap as we speak, the army is being deployed on American streets Oct 1 watch?v=ufxsUCKJ51M . Either way they r going 2 implement Martial Law. Please do not do anyting stupid & this point & time. Protect your family but do not, I repeat do not go out n the street & try & start a civil war. Jets have been flying over my house everyday on the reg. They r gearing up 4 something big. Warn others. America is being Highjacked trust me. watch?v=_j3TS7v-bx0 habiuscorpus is dead.
offthahook08 3 years ago
They have us n a trap as we speak, the army is being deployed on American streets Oct 1watch?v=ufxsUCKJ51M . Either way they r going 2 implement Martial Law. Please do not do anyting stupid & this point & time. Protect your family but do not, I repeat do not go out n the street & try & start a civil war. Jets have been flying over my house everyday on the reg. They r gearing up 4 something big. Warn others. America is being Highjacked trust me. watch?v=_j3TS7v-bx0habiuscorpus is dead.
offthahook08 3 years ago
(On the young turks vid he was saying since this is a world problem why is it only United States that has to pay.) Nobody pays for our mistakes you don't see any white knight riding in to save the day. We sure do have alot of allies when it comes to blood though. What does that say about leaders across this world.
onlyonedeb2000 3 years ago
i have called, faxed, emailed several times over the last 2 days. Here's the latest:
Dear Senator Webb,
You MUST reject the Paulson/Bernanke plan for bailing out and propping up reckless banks at taxpayer expense. This is madness to ask us, the taxpayers, to cover the liabilities of Wall Street.
We are tired of being fleeced. If you vote to support this plan, I will do everything in my power to remove you from office before you can give away any more of our money to failed businessmen.
cv1122 3 years ago 3
(cont'd)...
First, its $85 million, now an additional $700 billion (which we don't have), how much more will it be a month from now???
If I don't pay my bills, I am not certainly not given a blank check. Same goes for Wall Street criminals and Congress that allowed this to happen. NO MORE.
cv1122 3 years ago
no, bush has a short memory, and no common sense.
iTellYouNoLie 3 years ago
IT IS NOT AGREED. Shelby was just on CNBC!
kdenninger 3 years ago
Right on Karl..
The companies will take the 700billion..prop their companies so that they LOOK clean and profitable..then they'll start to Rape them..Take out their big bonuses(much later of course, after they appease the govmt with some small profit if any) and then really tank them..and start all over again in another corporation!
because they have the American Taxpayer to bail them out..!! When are we going to learn?????
DsmB2007 3 years ago
This is HORRIBLE..
This only proves ONE THING...They're ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL A L L A L L in it together!!!
THEY"RE ALL IN THIS TOGETHER!!!!!
CALL YOU'RE CONGRESSMAN AND SAY NO NO NO..OR VOTE THEM OUT..PERIOD!!!!
DsmB2007 3 years ago 3
So it has been agreed. Even though the majority of taxpayers in the US said NO!! By the people, for the people? Don't make me laugh.
ploppy193 3 years ago
So the bailout has been approved !
Of course - we the public will be the last to know the details. ... am curious as to your next response !
BTW...
Do those people in Washington actually read Emails sent to them from the public etc. ?
Obviously not !
StandUp555 3 years ago
george bush never apologises because george bush never believes that he is wrong. even though he is most of the time.....
hellshade2 3 years ago
the banks and the republicans are responsible for this present mess and bush had his hands in it all for his rich corporate friends.
and i'm willing to bet the dems had something into it too so basically we need to vote all of these people out after this fiasco
hellshade2 3 years ago
the democrats and republicans reached an agreement but are not disclosing what they agreed on. We the people will not stand for a white wash on this subject. I just thought i'd let you know whats happening. Hotep!
offthahook08 3 years ago
apparently there are holdouts on the bailout from both parties. enough to kill the bill though, that i do not know.
waughbodies 3 years ago
Why won't Americans see what is really going on here?
This is not about Republicans vs. Democrats. Stop with the partisan BS already, which is what the Craven Criminals on Capitol Hill count on.
It's US (the American people) vs. THEM (Government).
I beg my fellow Americans to punish whoever votes for this abomination - regardless of party affiliation, vote them out of office.
Vote third party. Vote out the incumbents.
Is it US vs. THEM.
MacGhil 3 years ago
Well Karl your suggestion that people call Congress seems to have worked. I've seen various tv reports with 100 to 1 in favor of no. I think congress has the message, but I think the weasly bastards will go ahead and vote for this swindle anyway.
valhala56 3 years ago 4
Bush caused this in the first place by de-regulating the banks. Was there anything in the speech about helping people keep their homes? This is completely outrageous!!
ploppy193 3 years ago
Hey! Were you in A Machine To Die For A Quest For Energy?!!!
snowaterider 3 years ago
ChickenLittle looked like a weasel, caught in a spotlight, standing inside the hen house.
Weaseldog2001 3 years ago
We will get hyperinflation like we have never known. We think gas is high now, food, electric bills...
If this thing goes through, we will have full blow economic collapse instead of a depression that we face now.
God Bless.
crasster1 3 years ago 4
Please call your congressperson and Nancy Pelosi. The toll free numbers are on my channel page, left hand side.
1776freedomfighter 3 years ago 5