The Goat Pen

"in 2008 there was

$11 trillion in residential mortgages
$3 trillion in commercial mortgages
that is $14 trillion in mortgages
we had a 4.5% default rate (numbers vary depending on the source you link)
that is $630 billion dollars that was "welshed" (collectively)"

And what did I write? "Of course, the number was actually in the billions (if not trillions), but that only further illustrates the truth of the quote."

In short, when you owe the bank $630 billion, it's THEIR problem...

"Of that $125 billion, we got about $140 billion back from the banks."

Great, but once again, when you owe the bank $140,000, that's your problem, when you owe the bank (or the government) $125 billion, it's their problem. Glad it worked out, but at the time that was a pretty big amount of money to be loaning out, totally unsecured, on the hope that it would get paid back...

IB is the classic guy who praises the hell out of going for 2 as the right call at the end of a game if it works out but complaining his ass off as being stupid as shit (like himself) if it doesn't. Anybody can wait to see what happens before forming a co-called opinion, and that's IB to a fair-thee-well...

Fuck that guy. He's retarded.

I hope they don't nix the deal, it's a financial disaster...

I know he's a shitbag Ruskie but I hope it goes through too. I wanna watch it burn. Like you.

IBs place

There are no longer any conservatives. The GOP is a radical crazy train gone off the rails. I don't like the DNC much but the Republicans in DC are mostly traitors.

Tree wrote: ↑Fri Oct 21, 2022 1:35 pm There are no longer any conservatives. The GOP is a radical crazy train gone off the rails. I don't like the DNC much but the Republicans in DC are mostly traitors.

GOP is radical crazy train off the rails? Really? How many GOP members of the Senate voted to appoint THIS GUY?



Mr Levine is the Assistant Human Health Sec. But the GOP is insane. Sure tree.

IB is scared of a He/She.

"How many GOP members of the Senate voted to appoint THIS GUY?"

How many GOP members voted to appoint Rand Paul to committees? Plenty. Yeah, I know, it's fucked up...

Jungle Rat wrote: ↑Fri Oct 21, 2022 7:39 pm IB is scared of a He/She.

I care about children being harmed. You don't.

I don't care about you being harmed. Or your children. Nip it in the bud...

hedge wrote: ↑Sat Oct 22, 2022 1:19 am I don't care about you being harmed. Or your children. Nip it in the bud...

Look I was just responding to tree's comment about the GOP being insane. I explained how wrong he was and I gave an example of why tree it wrong. You didn't attack the point I made. You just started creating strawmen as you always do.

Ask yourself this: if you were a Senator would you have voted to confirm that insane man to be in any position of power or authority over anything? And if the answer is yes I certainly hope it is because you are willing to admit that democrats are not permitted to have a mind of their own, that they simply MUST follow the narrative no matter how insane it is.

Saying that I don't care about you (or your children or anyone that shares, oh, say 5% of their DNA with you) being harmed (hopefully exterminated in the most painful manner possible) isn't a straw man. It's not even simply the truth. It's my fervent hope. Well, maybe not the painful part, but certainly the rest of it. I'm not averse to eliminating your kind from the face of the earth in as painless a way as possible. But if pain is involved, so be it...