cravnravn Posted August 5, 2014 Share Posted August 5, 2014 Crave- did you know that people are now worth approximately 70% of what they had when Obama was first elected? I honestly dont worry about other folks finances, I worry about OURS, and my bottom dollar was very fat in 2006, and by 2008 Puuuuuufffff down to 1995 figures..Barry wasnt President in 2006 Quote Link to comment Share on other sites More sharing options...
Tornado700 Posted August 5, 2014 Share Posted August 5, 2014 I honestly dont worry about other folks finances, I worry about OURS, and my bottom dollar was very fat in 2006, and by 2008 Puuuuuufffff down to 1995 figures..Barry wasnt President in 2006I was watching a show called greed and scams the other day. Some guy in Ocala, Fla. started up a mortgage finance business up in 2004. It was the biggest mortgage scam in the history of this country. This guy bought million dollar homes all over the world, yachts, vintage cars, jets, airplanes, you name it -he had it. He employed 2500 people. When the sh*t hit the fan, all 2500 were fired, Colonial Bank went down, Fannie Mae and the many others. The show's narrator said that it started the collapse of the market in the Fall of 2008. My point is this Crave. George Bush did not start this stock market and 401 crash. Neither did Obama. GREED did! My point about Obama was this: He tried to bail it these same banks at the tune of 780 billion dollars of tax payer's money. It's failed miserably. Stop blaming Bush. It's an excuse. And someone should tell Mr. Obama that real men don't blame others for their problems. I'm just asking you to get real. 1 Quote Link to comment Share on other sites More sharing options...
oldcrow Posted August 5, 2014 Share Posted August 5, 2014 tornado BUSH ASKED FOR MORE THAN THAT!!! and they wanted it with ZERO YESZERO OVERSIGHT on how they spent the money. I'm sorry a lot of people lost some big money but I didn't take a hit AT ALL mine were all in bonds 90% of it knew at the beginning of lil bush 2nd term shit would hit the fan I have zero problem with Dems forcing the nfl's handatleast theyDO SOMETHING. Quote Link to comment Share on other sites More sharing options...
cravnravn Posted August 5, 2014 Share Posted August 5, 2014 I was watching a show called greed and scams the other day. Some guy in Ocala, Fla. started up a mortgage finance business up in 2004. It was the biggest mortgage scam in the history of this country. This guy bought million dollar homes all over the world, yachts, vintage cars, jets, airplanes, you name it -he had it. He employed 2500 people. When the sh*t hit the fan, all 2500 were fired, Colonial Bank went down, Fannie Mae and the many others. The show's narrator said that it started the collapse of the market in the Fall of 2008. My point is this Crave. George Bush did not start this stock market and 401 crash. Neither did Obama. GREED did! My point about Obama was this: He tried to bail it these same banks at the tune of 780 billion dollars of tax payer's money. It's failed miserably. Stop blaming Bush. It's an excuse. And someone should tell Mr. Obama that real men don't blame others for their problems. I'm just asking you to get real. Stop blaming Bush?? bet his pension didnt take a hit, Bet his money was in the Caymans with Chaneys money...I will never stop blaming Bush, even after he's dead.. Quote Link to comment Share on other sites More sharing options...
Tornado700 Posted August 6, 2014 Share Posted August 6, 2014 Stop blaming Bush?? bet his pension didnt take a hit, Bet his money was in the Caymans with Chaneys money...I will never stop blaming Bush, even after he's dead..What about Obama. Does he get any blame from you ? Quote Link to comment Share on other sites More sharing options...
cravnravn Posted August 6, 2014 Share Posted August 6, 2014 (edited) What about Obama. Does he get any blame from you ? Im not liking my new healthcare, but then again I havent gotten sick yet to where Ive had to use it...And secondly, i would of let GM & Chrysler fail and file bankruptcy What was it 780 billion dollar bail out at a time when our economy stunk?? He could of gave each household 25,000, we could of put the money back into the economy. Yes he bailed out GM with a stipulation that the new vehicles from 08 on had to get 25 mpg, but did you see the price tags of those vehicles? so who won in that bailout? Edited August 6, 2014 by cravnravn Quote Link to comment Share on other sites More sharing options...
cravnravn Posted August 6, 2014 Share Posted August 6, 2014 And Nado Im acting no different then the way my grandparents acted in the 70's with the S & L scandal and Jeffery Levitt.. Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted August 6, 2014 Share Posted August 6, 2014 I was watching a show called greed and scams the other day. Some guy in Ocala, Fla. started up a mortgage finance business up in 2004. It was the biggest mortgage scam in the history of this country. This guy bought million dollar homes all over the world, yachts, vintage cars, jets, airplanes, you name it -he had it. He employed 2500 people. When the sh*t hit the fan, all 2500 were fired, Colonial Bank went down, Fannie Mae and the many others. The show's narrator said that it started the collapse of the market in the Fall of 2008. My point is this Crave. George Bush did not start this stock market and 401 crash. Neither did Obama. GREED did! My point about Obama was this: He tried to bail it these same banks at the tune of 780 billion dollars of tax payer's money. It's failed miserably. Stop blaming Bush. It's an excuse. And someone should tell Mr. Obama that real men don't blame others for their problems. I'm just asking you to get real.You can also dump a bunch of the blame on Clinton and those congresses who deregulated like made. Bush did too. Obama just hasn't fixed it. Quote Link to comment Share on other sites More sharing options...
cravnravn Posted August 6, 2014 Share Posted August 6, 2014 You can blame administrations dating back to the 1990 George Bush Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted August 6, 2014 Share Posted August 6, 2014 Go back to Reagan too. Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted August 6, 2014 Share Posted August 6, 2014 On a similar note.http://www.rawstory.com/rs/2014/08/06/lawrence-odonnell-wall-street-figured-out-that-income-inequality-is-bad-for-wall-street/ Quote Link to comment Share on other sites More sharing options...
Tornado700 Posted August 6, 2014 Share Posted August 6, 2014 You can also dump a bunch of the blame on Clinton and those congresses who deregulated like made. Bush did too. Obama just hasn't fixed it.In Bush W's second term, the Senate and Congress were both democratly lead. Good o'le Barney Frank from Massachusetts and his cohorts insisted that the government force the banks to deregulate, another words, relax their standards since all people deserved to own a house. (even people who couldn't afford them.) The law was passed by both houses, it took effect, the greedy took advantage, the housing boom was over, the banks were hit hard, the stock market crashed, the economy went ka-putz, the national debt skyrocketed, the value of the dollar went down, and here we are, with our d***s in our hands, Quote Link to comment Share on other sites More sharing options...
papasmurfbell Posted August 6, 2014 Share Posted August 6, 2014 Actually the banks paid bribed them to be deregulated. During Reagans admin they broke up the rules against interstate banking. That allowed for the start of to big to fail. Clinton did some major deregulation I think on the retail and investment banking side. And on and on. It has been about a 40 yr plan to get rid of all the regulation put in after the depression. Party does not matter. The end goal and the methods were the same. Quote Link to comment Share on other sites More sharing options...
oldno82 Posted August 6, 2014 Share Posted August 6, 2014 The sad part is, we went through all of this back in the 1930's and a banking regulation law was eventually established. Then under the Reagan administration the law was thrown away. Quote Link to comment Share on other sites More sharing options...
oldcrow Posted August 7, 2014 Share Posted August 7, 2014 why is it that any purchases or gifts or transaction of 10,000 is still a red flag for the IRS? why that limit still? Quote Link to comment Share on other sites More sharing options...
cravnravn Posted August 7, 2014 Share Posted August 7, 2014 Caus the IRS wants to know how, where, when and why and where is their cut.. 1 Quote Link to comment Share on other sites More sharing options...
RavenMad Posted August 7, 2014 Share Posted August 7, 2014 Money laundering. Watch Breaking Bad and you will see how they try to get around it. But Money Laundering prevention is the reason for the red flags. They want to make sure that you are both reporting all your income for tax purposes and that you aren't engaged in illegal activities. Quote Link to comment Share on other sites More sharing options...
oldcrow Posted August 7, 2014 Share Posted August 7, 2014 I understand thatbut that limit was set in the 30'sit should be higher than that todaygad dam that's nothing to spend at the casino in a weeks time or less we're talking billion dollar transactions and they worry about 10,000 FUCKING DOLLARS can't get shit for 10k anymore Quote Link to comment Share on other sites More sharing options...
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