Watched "The Big Short" housing bubble movie

Timmy

Gold Member
Oct 2, 2015
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its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .
 
Yes agreed! How people hope others lose their house is despicable. Talk about being preyed upon.
 
The banks could be considered the victims in the government's scheme to make the "American dream" of owning a home available to everyone regardless of their ability to pay. Early in the Clinton administration the democrats decided that they would force banks to make bad loans under threat of civil rights litigation and the bad loans would be laundered through Fannie Mae and sold back to lending institutions as good loans. The scheme was complete with organized crime style political payoffs and no show jobs. When democrats won the majority in both houses midway in Bush's 2nd term, Barney Frank became chairperson of the House Banking Committee which had oversight responsibility for Fannie Mae. Frank told Americans that Fannie was solvent and doing fine when it was on the verge of collapse. The big question is whether Frank was so incompetent that he didn't see the housing bubble about to collapse or whether democrats planned it in order to cause the biggest October surprise in history. True to form the government covered it's ass and the media cooperated by blaming republicans and failing to ask chairperson Frank what the hell he was doing.
 
its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .

Make you want to try Barney Frank for treason, right?
 
its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank
 
its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank

Any thoughts on the majority of subprime loans...which were not Fannie or Freddie?
 
good grief, what channel was this fairy tale on? CNN ? and they blamed the Banks?

blame the Progressive/dem party






instead you all will go vote for them again and cut all our throats and not just yours
 
good grief, what channel was this fairy tale on? CNN ? and they blamed the Banks?

blame the Progressive/dem party






instead you all will go vote for them again and cut all our throats and not just yours

how did that effect trailers?
 
its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank


Absolutely. I wonder if this BS was broadcasted on CNN? They blame the banks. that's a free press release for the Ole commie Bernie Sanders evidently. he's promising to TAKE over the banks. just what the hell we need that government controlling more of OUR LIVES
 
its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank


Absolutely. I wonder if this BS was broadcasted on CNN? They blame the banks. that's a free press release for the Ole commie Bernie Sanders evidently. he's promising to TAKE over the banks. just what the hell we need that government controlling more of OUR LIVES
I wonder if this BS was broadcasted on CNN?

oh miss dippy, it is a movie based on real life occurrences
 
its the kind of movie that angriest up the blood .
It's about some guys who saw the housing bubble burst coming in 2007 , and how they cashed it .

They ain't the bad guys either . The behavior of the banks and sec was rediculous . And of course they all got bailed out , no one went to jail.

Makes you a Bernie Sanders fan .

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank

Any thoughts on the majority of subprime loans...which were not Fannie or Freddie?

Why were F/F stamping AAA on subprime paper?
 

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