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Re: A Bank With 49 Trillion Dollars In Exposure To Derivatives Is Melting Down Right In Front Of Our Eyes 

By: Zimbler0 in POPE 5 | Recommend this post (1)
Sat, 20 Jul 19 8:40 PM | 46 view(s)
Boardmark this board | Pope 5 		Msg. 36360 of 62138
(This msg. is a reply to 36345 by micro)
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Micro > This is the direct result of a racist US President pushing the race card to let this stuff happen.


Micro,
The article is about Deutsche Bank.
Which is German.

And the 'subprime meltdown' - which was in large part caused by 'mortgage makers'
creating mortgages for anything that could fog a mirror was largely the result
of congress and President Bush policies. (Bush was President when it happened.)

The article does go on to say that the 'systemic problems' that led to the 2008
subprime meltdown have NOT been addressed. And I'll agree with that. The obozo
administration was much more interested in increasing governmental control over
things it has no idea how work than in actually doing anything to keep another
'crisis' from occurring. (Why? Because each crisis creates more opportunity for
the thieves to extend their control and power and ability to steal folks blind.)

Zim.




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Mad Poet Strikes Again.

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The above is a reply to the following message:
Re: A Bank With 49 Trillion Dollars In Exposure To Derivatives Is Melting Down Right In Front Of Our Eyes
By: micro in POPE 5
Sat, 20 Jul 19 2:39 PM 		Msg. 36345 of 62138

This is what happens when a sitting President allows and promotes selling houses to ANYONE without ANY credit checks, no money DOWN, SUB-PRIME, and no proof f being ale to pay for the mortgage and insurance and property taxes.

What could possibly go wrong????

Then, we have the corruption at FANNIE MAE and Freddie Mac,
plus the Large US banks thatwere all too happy to help perpetuate the unscurd mortgages, bought them up and sold them to others so the entire banking system has poisoned its own self...
Gee.

I should really feel sorry for all these criminals...

Maybe the President underneath whom all this was allowed to happen and encouraged should be held accountable.

Say goodbye to Deautche BAnk. I could care less about them. ALL the crooks at the other enormous Banks thatw ere let go scott free should also have to give account. Like Jamie Dimon for example. One among MANY.

THis is the direct result of a racist US President pushing the race card to let this stuff happen.

Let's call it like it is.


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