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Thread: US close to NATIONAL bankruptcy

  1. #61
    Elite Member L1049's Avatar
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    Housing prices here are still high. Okay, useless story time

    My mother and I have been looking at places in Chilliwack, BC. Let's just say my father decided to take off, and fucked us financially so we have to move.
    In 2002 my parents bought the place I'm currently in, 1500 sq. ft for $150 000. Earlier this year it was appraised for $350 000.
    My mother and I have been looking at mobile homes, and even they are in the $175 000 range. Although we are considering one that's is 1200 sq.ft for $30 000. If we do go into a cheaper place I'm, hopefully, going to get a good chunk of money for school (which costs $90 000). I'm probably going to be out of the house in 4 or 5 years anyway so it doesn't really bother me.
    At least most parks will allow animals whereas most people that rent places won't.

  2. #62
    Hit By Ban Bus! AliceInWonderland's Avatar
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    lets face it; bush wanted to become president for one reason only; to make even more money for himself and his cronies; its disgusting.
    Quote Originally Posted by kingcap72 View Post
    And this is the legacy of George W. Bush. He really will go down as the worst president in U.S. history, not that it was ever in doubt.
    he really needs to be shot.

  3. #63
    Silver Member crawdad's Avatar
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    The sub-prime debacle was created by Bill Clinton. Economics take some time to surface.

  4. #64
    Elite Member HWBL's Avatar
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    Quote Originally Posted by AliceInWonderland View Post
    lets face it; bush wanted to become president for one reason only; to make even more money for himself and his cronies; its disgusting.

    he really needs to be shot.
    The biggest problem with guys like McShrub and McSame is that they
    treat running the nation like some boardgame: "I wanna win, I'm gonna
    move my little soldiers here...." They win some, they lose some, and
    then they move on. But they're forgetting that their "game tactics"
    have major effects on the lives of REAL people, that their "little
    soldiers" are made of flesh and blood and that while they move on,
    real people are left to deal with (lifelong) consequences of their need
    to buff their ego.
    There really should be presidential exams, in which candidates
    get tested on their knowledge of the economy, foreign affairs,
    social issues, history, geography etc.
    Warren Beatty: actor, director, writer, producer.

    ***** celeb

  5. #65
    Elite Member sluce's Avatar
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    Quote Originally Posted by crawdad View Post
    The sub-prime debacle was created by Bill Clinton. Economics take some time to surface.
    Thank you for the best laugh I have had all day.

  6. #66
    Elite Member louiswinthorpe111's Avatar
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    Quote Originally Posted by crawdad View Post
    The sub-prime debacle was created by Bill Clinton. Economics take some time to surface.
    Well then Jimmy Carter is a hero because he was the cause for the bustling 80's!

  7. #67
    Elite Member ana-mish-ana's Avatar
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    I thought it was the republicans mantra of small government and deregulation that helped caused it. I'm not surprised people are blaming Clinton LOL

    How about blaming Bush for this or the fact that McCain's financial advisor is the leading advocate for these policies.

  8. #68
    Elite Member Grimmlok's Avatar
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    Quote Originally Posted by crawdad View Post
    The sub-prime debacle was created by Bill Clinton. Economics take some time to surface.
    It was not, and that's a load of shit. Welcome to what I do for a living, bub.
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  9. #69
    Gold Member barbiedoll25's Avatar
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    Regardless of politics... I think a great depression is inevitable for the Us.... Do u think either McCain or Obama can make up for the great deficits of Bush? I really think we are in for a rude awakining.

  10. #70
    Elite Member Grimmlok's Avatar
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    Prudent and intelligent policy can, yes.

    That would not be coming from MCCain, who thinks everything is just peachy and agrees with less regulation for industry.
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  11. #71
    Silver Member crawdad's Avatar
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    Quote Originally Posted by Grimmlok View Post
    It was not, and that's a load of shit. Welcome to what I do for a living, bub.

    I own a mental health company but I don't know shit about mental health. Just because you work for a hedge fund doesn't mean you know what caused the sub-prime fiasco. I am sure you were trained in your job, so you were taught what they wanted you to know.

  12. #72
    Elite Member Grimmlok's Avatar
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    I don't work for a hedge fund.

    I WORK FOR THE PREMIER COMPANY ON THIS PLANET THAT ADMINISTERS THEM.

    600+ billion in fucking assets under control, thank you very much.

    Offices in Toronto, Dublin, Singapore, Curacao, London, New York, Rio, Sydney, Cayman, India, on every continent, in almost every major city.

    It's the reason MY company is so well insulated, because it's an independent company.. it's not an investment bank, or a regular bank, it's not a Merrill Lynch or a Goldman Sachs .

    I think I know exactly what the hell I'm talking about.

    Maybe you should learn about mental health.
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  13. #73
    Silver Member crawdad's Avatar
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    [quote=Grimmlok;1377108]I don't work for a hedge fund.

    I WORK FOR THE PREMIER COMPANY ON THIS PLANET THAT ADMINISTERS THEM.


    That changes everything. lol of course

  14. #74
    Elite Member Rondette's Avatar
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    fight! fight! fight!




    ahem.

  15. #75
    Elite Member Grimmlok's Avatar
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    It actually does. How many 500 million dollar transactions do you administer in a day?

    Right, none.

    How many investment strategy meetings do you have to sit through with clients to determine whether they are an appropriate vehicle to administer for 18 months?

    Right, none.

    How many fund of funds strategy sessions do you author with your team, to help chart a course through acceptable risk/non-return set ups?

    Right, none.

    Thanks for playing.

    *flicks you away*
    I am from the American CIA and I have a radio in my head. I am going to kill you.

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