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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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ggersh
To: THE ANT who wrote (113207)9/6/2015 12:15:39 AM
From: Elroy Jetson1 Recommendation  Read Replies (2) of 217815
 
Let's say you created a post-9/11 real estate bubble by virtually eliminating any underwriting requirements (no income verification, no asset verification, and either no down-payment or option-pay where people can skip any 36 monthly payments they choose). Not surprisingly, your scheme created losses which are larger than most banks have capital - in no small part because you opposed implementing Basell-III capital requirements as "over-regulation. - So the banking system fails.

Rather than have the FDIC take over the banks, wiping-out the shareholders and bond holders, as Ronald Reagan's administration did when his "deregulation of bank crime" at Savings and Loans wiped-out those lending institutions you, with your Bush and Paulson mask, took a Trillion Dollars of taxpayer money and lent it to the insolvent lenders as capital in a desperate attempt to stave off an economic depression

Then a month after you go bankrupt and crawl away like a worm, I take over your office and you blame me for the economic catastrophe you created, and whine and complain about how slow the economy is since you created the 2008 global economic depression.

And let's not forget you also spent $4 trillion invading some hapless nation in the Middle East and withdraw after leaving the country a ticking time-bomb after which Saddam Hussein's former Generals began a group called ISIS leaving death and destruction in their wake - with the incredibly generous German people willing to take in 800,000 of the millions of refugees you created.

And again you blame me for this because I rented your old office after you went broke and hid. Screw you.

If you don't already realize how twisted and bitter you are, there's absolutely nothing I can do for you.

Don't you wish you could go back to the year 2000, have a do-over and make way-different decisions? Unless you're mentally ill of course you do - but you can't. We have to deal with all of the bullshit you created and the course you set in motion.

The question is if you could get your zany hands back on the control levers in what is now "my office" what new crazy bullshit would create to fix the catastrophes you previously created? Do I have even one sensible quote from you as to what your plan would be? Of course not. You simply dish out self-pitying whines and boo-hoos and don't have a clue what to do next. That's how you created this problem.
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