@bayhoecott Sadly had Europe not bought into socialism, they wouldn’t have been depending on the United States for their financial security. plenty of blame to go around. now had the politicians in the U.S. not bought into socialism, they would’nt have been forcing banks? to make loans to people who had no chance to pay them back. now showing how insane he really is Obama is prodding banks to make more loans to those who can’t afford to pay them back.
The mortgage problems started in 1993 when Bill Clinton expanded the Community Reinvestment Act. This required banks to provide more mortgages to low-income “bad credit” people. Eventually, The US imposed a requirement on Fannie and Freddie to produce X mortgages to low income people. With so few low-income people with good credit, they? had to lower their standards. Thus the bubble burst.
Bad things happen when Republicans are in office, because of the Democrats that came before them!
Sadly America has commited the crime of the century. Dumping worthless assets around the planet to keep their own inflated and greedy lifestyle going. Trouble is no one quite rightly will ever trust America again. Only a fool lets himself be swindled twice by the same bunch of? crooks. That is why we are not going to talk our way out of this crisis any time soon.
Don’t fucking tell me? to keep my fucking opinions to myself i’m fucking allow my opinion as much as you shut up just because you want to live in a fucked up world full of asshole Bankers and Mp’s dosen’t mean anybody else has too Fuck Off.
if you are unable to understand? the video, then keep your moronic opinions to your self, this is taking the piss OUT of these bankers, and explaining how they did and still are getting away with it, what they do on this sketch is nail what these bankers are doing, which is clearly beyond you, so I stick to my previous statement.
Shut up how dare you allow this stupid video to be allowed fuck off how people have? lost their jobs because of stupid asshole wankers of bankers shut up you are an asshole just because you got a job and loads of fucking money does not mean anybody else has fuck off stupid fucking Bankers they all need to Fucking Burn in hell and all fucking MP’s as Fucking Well.
Well done Bird and Fortune for explaining credit crunch started by flawed sub-prime lending in the USA. Thanks for sharing the clips that explain lies behind crunch, and the bailout lotteries to help? rich friends.
ty?
@apathyriot This is too funny especially the end. Kudos for? whoever placed it
Thanks
why were u cutting some lines? ? Silly moron………….
What’s? up with the sound?
“It’s as sophisticated as it ever gets…” Oh this is great. This is a gem…too? good
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@bayhoecott Sadly had Europe not bought into socialism, they wouldn’t have been depending on the United States for their financial security. plenty of blame to go around. now had the politicians in the U.S. not bought into socialism, they would’nt have been forcing banks? to make loans to people who had no chance to pay them back. now showing how insane he really is Obama is prodding banks to make more loans to those who can’t afford to pay them back.
The mortgage problems started in 1993 when Bill Clinton expanded the Community Reinvestment Act. This required banks to provide more mortgages to low-income “bad credit” people. Eventually, The US imposed a requirement on Fannie and Freddie to produce X mortgages to low income people. With so few low-income people with good credit, they? had to lower their standards. Thus the bubble burst.
Bad things happen when Republicans are in office, because of the Democrats that came before them!
i blame? bush….
I doubt that this is improv…?
knowing this is? improv makes it even funnier
Sadly America has commited the crime of the century. Dumping worthless assets around the planet to keep their own inflated and greedy lifestyle going. Trouble is no one quite rightly will ever trust America again. Only a fool lets himself be swindled twice by the same bunch of? crooks. That is why we are not going to talk our way out of this crisis any time soon.
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Don’t fucking tell me? to keep my fucking opinions to myself i’m fucking allow my opinion as much as you shut up just because you want to live in a fucked up world full of asshole Bankers and Mp’s dosen’t mean anybody else has too Fuck Off.
if you are unable to understand? the video, then keep your moronic opinions to your self, this is taking the piss OUT of these bankers, and explaining how they did and still are getting away with it, what they do on this sketch is nail what these bankers are doing, which is clearly beyond you, so I stick to my previous statement.
Shut up how dare you allow this stupid video to be allowed fuck off how people have? lost their jobs because of stupid asshole wankers of bankers shut up you are an asshole just because you got a job and loads of fucking money does not mean anybody else has fuck off stupid fucking Bankers they all need to Fucking Burn in hell and all fucking MP’s as Fucking Well.
and you should crawl back under whatever rock you? came out from under
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Well done Bird and Fortune for explaining credit crunch started by flawed sub-prime lending in the USA. Thanks for sharing the clips that explain lies behind crunch, and the bailout lotteries to help? rich friends.
This is not funny i’m not Laughing
Look how many fucking people have lost there jobs look how many people and taken their own lifes because of this Banking Crisis.
This is video is Morally Incorrect and also a disgrace to this country.
This video? should be removed of you-tube all videos like this should be banned.
john bird is always the best playing the interviewee, just brilliant – the admirals interview was? the best one
does it actually affect your? credit though? i mean is there a default listed or does it just lower your score?