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last time here
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silverado savings and loan $1,400,000,000.00 yup, trillion.
all in the family what a scheme!!!!!!! |
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Sat Dec 29, 2007 12:05 am |
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FlintConservative
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quote:
last time here schreef:
silverado savings and loan $1,400,000,000.00 yup, trillion.
all in the family what a scheme!!!!!!!
Trillion? Yer outta yer friggin mind. Quote a source. |
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Sat Dec 29, 2007 8:40 am |
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last time here
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naw naw....look it up! |
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Sat Dec 29, 2007 12:24 pm |
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twotap
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Jeez thats about half of whats been squanderd on LBJs great society. You sure about them figures LT. |
_________________ "If you like your current healthcare you can keep it, Period"!!
Barack Hussein Obama--- multiple times. |
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Sat Dec 29, 2007 12:30 pm |
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last time here
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honestly, no. i read that on some site.
neil bush was running it. |
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Sat Dec 29, 2007 12:41 pm |
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FlintConservative
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quote:
last time here schreef:
naw naw....look it up!
Unlike you, I did look it up. And you're full of hooey. |
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Sat Dec 29, 2007 12:55 pm |
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FlintConservative
F L I N T O I D
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quote:
last time here schreef:
honestly, no. i read that on some site.
neil bush was running it.
Well, I guess if ya "read it on some site" and it's what you want to believe, then it must be the gospel. |
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Sat Dec 29, 2007 12:58 pm |
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last time here
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well.......I NEVER!!!!
look dude. google "bush savings and loan" now read! |
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Sat Dec 29, 2007 1:50 pm |
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Opinionated
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LT and FC - you're hilarious! You both make very good points. At least you don't have the dreaded "Jankowski" syndrome of bad reasoning! NOw kiss and make-up. Come onnnnn......... |
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Sat Dec 29, 2007 2:02 pm |
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FlintConservative
F L I N T O I D
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quote:
last time here schreef:
well.......I NEVER!!!!
look dude. google "bush savings and loan" now read!
I say again....I did that. Your 1.4 trillion dollar number for silverado savings and loan is totally ridiculous. But then I'm not sure why I'd expect the facts get in the way of your beliefs. |
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Sat Dec 29, 2007 2:07 pm |
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twotap
F L I N T O I D
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quote:
NOw kiss and make-up.
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_________________ "If you like your current healthcare you can keep it, Period"!!
Barack Hussein Obama--- multiple times. |
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Sat Dec 29, 2007 3:43 pm |
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Opinionated
F L I N T O I D
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simmons would hit on anyone...or anything! |
_________________ If you can imagine it, you can create it. If you can dream it, you can become it. |
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Sat Dec 29, 2007 5:46 pm |
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last time here
Guest
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the theft cost american taxpayers 1.4 trillion bucks.
google "bush savings and loans" BAM!!!!!!!!!!
don't whine to me. go pick up ANOTHER dozen krispy kremes FC |
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Sat Dec 29, 2007 8:09 pm |
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Opprimo
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* The Savings and Loan scandal is the largest theft in the history of the world.
* Deregulation eased restrictions so much that S&L owners could lend themselves money.
* The Garn Institute of Finance, named after Senator Jake Garn, co-authored the deregulation of the industry and received $2.2 million from industry executives.
* Neil Bush, George Bush's son, never servered time in jail for his part in running an S&L into the ground.
* Represenative Fernard St. Germain, who was head of the House of Representatives banking, co-authored the deregulation and was voted out of office after other questionable dealings and was sent back to D.C. as an S&L lobbiest.
* Charles Keating, when asked if massive lobbying efforts had influenced the government officials, he replies "I certainly hope so."
* The rip-off began in 1980 when the government raised the federal insurance on S&L's from $40,000 to $100,000 even though the typical savings account was only around $6000.
* Some of the seized assets were a buffalo sperm bank, a racehorse with syphilis, and a kitty litter mine.
* James Fail invested $1000 of his own money to purchase 15 failing S&L's. The government reimbursed him $1.85 billion in federal subsidies.
* It sometimes took over 7 years to close failing S&L's by the government.
* When S&L owners who stole millions went to jail, their sentances were typically one-fifth that of the average bank robber.
* The goverment bail out will cost the taxpayers around $1.4 trillion dollars when it is over.
* If the White House had stepped in and bailed out the S&L's in 1986 instead of delaying until after the 1988 elections, the cost might have been only $20 billion.
* With the money lost from the S&L scandals, the government could have provided prenatal care for every American child for the next 2,300 years.
* With the money lost from the S&L scandals, the government could have purchased 5 million average homes.
* The authors of "Inside Job", a book about the S&L scandal, found criminal activity at every S&L they investigated.
Facts were taken from"Inside Job" and "It's a Conspiracy! by the National Insecurity Council.
That's where the 1.4 number comes from, I knew I had seen it somewhere before. |
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All tyranny needs to gain a foothold is for people of good conscience to remain silent.
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Sat Dec 29, 2007 8:23 pm |
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last time here
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WHAT?!?! $1,500.00 got him $1,850,000,000.00
i'm hangin with the wrong crowd!!!!!
HEY FC (krispies anyone?? FC's buying. |
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Sat Dec 29, 2007 8:30 pm |
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