XPost: alt.fan.rush-limbaugh, alt.politics.republicans, alt.politics.democrats.d
XPost: alt.politics.economics
On 2023-10-03 04:52:47 +0000, PaxPerPoten said:
On 10/2/2023 9:28 PM, super70s wrote:
I guess Big Daddy's never heard of how financial institutions base their
loan decisions -- and how high an interest rate they charge for their
loans -- based on how reliable they think the borrower is and how much
much collateral he presents to them.
I guess you are not bright enough to understand how Banks operate.
Ooh, and you're gonna enlighten us. This should be good. <laugh>
They do not make money unless they are loaned up. Right now you can still attain a 100% loan on a home without a dime to your name....other then a sustainable income. A couple of years ago they loaned 100% in some cases
at 2.4%. Business loans are mostly a repeat business and the loans just
keep coming. Bankers get bonuses based on how many money producing loans
are made. Damned the consequences. When you own more then 50% equity the
Bank owns you. When you owe a lot less the 50%,,,On Big loans you own
the bank, they will loan you even more to sustain the existing loan.
Aw poor Big Daddy, an innocent victim of the system. As always. <gag>
Most of your Congressman and Senators have utilized these loans,
Well, at least the Republican pols anyway who don't believe in living
within their means -- they keep slashing the government's revenue to no
good effect and let future generations worry about it.
Then they die deep in debt which will surely happen to Trump.
If he wanted to keep doing the white collar criminal routine and fly
under the radar he shouldn't have run for public office especially the presidency -- then it's a totally different game. His decisions affect
everyone in the United States, not just his miserable self-centered and Machiavellian existence.
So it is Hypocritical to charge others with the same damned corrupt system. If the Banking industry were to be scrutinized as heavily as Trump...We
don't have a prison system large enough to lock up all the crooks. Start
at the Federal reserve system and work down to the local "Farmers and Merchants Bank". Now..SHUT THE FUCK UP, until you really have some
knowledge to share.
Hey...EAT ME CLOWN, just because you rambled on like some kind of
pseudo-expert doesn't mean you know shit about it, or how egregiously
Trump and his family abused the system year after year. I'm not
impressed.
If these are such bogus charges in your view let's see Trump weasel out
of them, he has a bunch of high-priced lawyers in his corner (who may
or may not get paid in the end especially since they'll have to get in
line behind a potential $250 million court-ordered fine for bank and
insurance fraud).
How much you WANNA BET he does, huh jerk-off???
--- SoupGate-Win32 v1.05
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