Drudge Retort: Red Meat for Yellow Dogs

The big increase in consumer debt is driven by a major shift in the way lenders approach their business. Being repaid by borrowers was once crucial to lenders, but now that consumer debt is packaged into securities and sold to investors, repayment takes less importance than the fees and charges generated when loans are made.

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This thread came up just in time for me. I am SO MAD!!!

Just opened my electric bill and it has almost DOUBLED from the same month last year !!!

I use less water and much less electricity now than last year but the bill is almost twice what is was a year ago with the same hot weather.

No wonder the Burbank Electric cartel of thugs timed it so their bills arrived on a Saturday. I hit the phone the minute I opened the envelope but they aren't in until Monday morning. They will hear from me first thing.

About a month ago they had some clowns from the DWP working on the water pipes by the parkway in front of my house to install their "new" water meter. Funny how when the new meter went in my water almost doubled.

I'm sick of California always jacking up the prices and taxes on everything and sneaking in all their surcharges.

Okay, my Irish temper has cooled down.

St Peter don't you call me 'cause I can't go.
I owe my soul to the company store.

I don't care what they call it; tax, fee, surcharge..., it's all money out of my pocket.

They're shysters, Chris. Looking to wring every last penny out of you whether you no matter how much it hurts. Big shot money men who don't give a damn how much pain they cause you or me or someone who has to hold down three jobs to make ends meet just so they can pay those thieves.

But take heart. The end of capitalism, as it's practiced today in it's most greed-driven, government sanctioned form, is heading over the same cliff the Soviet Union went over in 1989. Old forms, and the people who live by them, will soon be a thing of the past.

I'll wager the stock market will collapse by November elections, as will many banks. The times, they are a changin.

ff for Goat's earlier rendition on here of Tennesse Ernie William's song "16 Tons"

If one does not like the terms of credit offered either turn down the offer or honor the terms. People must go back to how I was taught by my parents and grandparents: Save up to buy (you pay no interest). Unfortunately, so many people nowadays want instead gratification and now they must pay the price.

My Father bitched when he sold his first home with a 2.5% loan and replaced it with a 3.25% loan. Anyone otten one of those lately.

Banks are fucking EVERYONE in the ass these days. As the economy tanks, the Government is concerned about bailing these greedfuckers out of the hole of their own creation.

My Father bitched when he sold his first home with a 2.5% loan and replaced it with a 3.25% loan. Anyone otten one of those lately.

Banks are fucking EVERYONE in the ass these days. As the economy tanks, the Government is concerned about bailing these greedfuckers out of the hole of their own creation.

Um, please tell me--just when did your dad get a mortgage for 2.5%? Or 3.25%?

I'll refinance too if I could get a fixed mortgage at at 2.5%!

"Okay, my Irish temper has cooled down"


Don't let your tempter cool down Chris you need to get and stay angry or they're just sweet-talk you as they continue to walk over you.

But keep the profanity to a bare minimum unless you're dealing with a customer service rep in Punjab.

Why is it that the liberal states all have the highest taxes and most ridiculous regulations that want to control every aspect of our lives?

Of thats right because they are controlled by liberals!


Obamanigger

I'm sure it has something to do with niggers, Obamanigger.

Are you being racist BETELG?

OBAMANIGGER

Being black I can use the word nigger but you white crackers better keep your mouth shut or else.

OBAMANIGGER

You're black, Obamanigger?

Obama is my nigger. He's no liberal and that will make him a good president as we can already see he doesn't listen to you leftwing fucks.

Its about time we had some rap music and black power posters in the white house.

If any of you honky's don't like it too fucking bad.

OBAMANIGGER

Damn right Betelg,

Tired of you racist crackers getting control of things and keeping the brothers and sisters down.

Its time we had control of things and showed you white boys how it feels to be oppressed.

OBAMANIGGER

Obama ain't gonna take no shit from the liberal elite white power brokers once he gets elected. Ted Kennedy and all those that think they can control Obama are in for a rude awakening. This nigger ain't working for the white plantation owners.

He'll dump their sorry asses faster than a white wide receiver drops a pass.


OBAMANIGGER

Obamanigger-
What you seem to be saying is that Obama is a "nigger", and when he gets elected the "niggers" will take over.

Gotta love the subtle nature of the right wing loon.

It's a slow news day, as they say.

Its time Obama put some dark skinned brothers in charge and broke up the white power establishment.

Its also about time we had a neubian princess in the white house who wasn't their to cook and clean after white folks.

OBAMANIGGER

Betelg, I don't know about taking over but its time the brothers get paid. For too long those with black and brown skin have been left out in the cold doing the dirty work.

For once the rich white people can pick their own cotton.

OBAMANIGGER

Well, that's actually about the most immediately decipherable tack I've heard from the right against Obama:

Its time Obama put some dark skinned brothers in charge and broke up the white power establishment.

Racist fear mongering to its rancid maggot infested core, but a clear approach.

Its time we open up the doors to more poor africans and had racial balance here in the United States. We opened the doors for the white europeans in the early 1900's now its time to equalize that.

OBAMANIGGER

Its nothing to fear BETELG but its about time we got a chance to steer the car. Its high time we had real racial equality and that's not gonna happen with a white man in the oval office.

I'm not talking reparations just a chance to get our beaks wet. You whites have had control so long you don't want to share. Same shit that finally ended in South Africa just more subtle here.

OBAMANIGGER

The shorter "Obamanigger":

"Help me! Help me! the nigras are a comin' to get us, an' they ain't happy!!"

LOL.

Excuse me while I whip this out.
www.youtube.com

Obamaniger is exactly the type of white racist that the New Yorker magazine cover and article made stairized. If he was the only dumbshit out there like that his schtick would be mildly amusing but, when you stop and think about the depth of his stupidity and ignorance it is sad and pathetic.

God bless your soul and I hope one day you are able to grow beyond the miserable state of existence that currently exists for you.

I'll wager the stock market will collapse by November elections, as will many banks. The times, they are a changin.

Posted by sagmain

My advice to anybody is to leave no more in a bank than they need for everyday expenses. Do it before the summer is over. My experience trying to warn people, even family, has been fruitless.

It's a slow news day, as they say.

Posted by BetelG

Because the media is not covering the important news to any degree to create alarm. So the public sees events like the run on IndyMac as an isolated event. Celebrity news takes priority.

I think we are off topic....

"Ms. McLeod, who is 47, readily admits her money problems are largely of her own making."

People need to live within their means, not their wants.

"Its time we had control of things and showed you white boys how it feels to be oppressed."

Obviously a white, right wing prick pretending to be a black man and pretending that electing Obama will bring "black revenge" on whites.
If you use a screen name here you ought to be brave enough to use it in real life too, if you can't because you will get your ass kicked then it just indicates that you are really a coward. It is easy to be brave and tough hiding behind a computer screen but guys like OBAMANIGGER hide beneath momma's skirts when the tough kids come out to play.

You read your phone bill lately?

Connection fee: $4.95
Wiring fee: $3.17
911 fee: $4.23
Mysterious FCC fee we can't explain: $9.45
Hidden surcharge: $2.57
Dethspud's beer: $12.71
Lobby fee: $4.90
A UFO circled the building once: $2.64
A fee we just like fee: $4.00
Our kids need shoes fee: $121.50
Printing your bill fee: $1.30
We're going to the movies fee: $7.94
Yawn fee: $1.00
There are no regs against these fees fee: $1,241.78

Maybe I'm being silly, but try reading your various statements, then find a human on the phone to speak to that can explain these "fees".

I call Shenanigans!

The experience of what it is to live in Zimbabwe gives a flavor of what the future holds here.

Lack of bank note paper threatens Zimbabwe economy

If you are like me, everything has gotten so expensive that I don't use cash much anymore. It's a good idea to set some cash aside for the day when your bank cuts off your debit and credit cards.

**** Tired of you racist crackers getting control of things and keeping the brothers and sisters down.

Its time we had control of things and showed you white boys how it feels to be oppressed.

OBAMANIGGER ******

......I do not believe that Obamanigger is black at all......

.......he sounds like a KKK paranoid who flunked out of school in grade 9......


**** The experience of what it is to live in Zimbabwe gives a flavor of what the future holds here.

Posted by Ray ******


.....a crumbling economy is just one of the gifts that Bush left us.....

.....along with a national debt that will cripple this country for generations......


**** Tired of you racist crackers getting control of things and keeping the brothers and sisters down.
Its time we had control of things and showed you white boys how it feels to be oppressed.
OBAMANIGGER ******
......I do not believe that Obamanigger is black at all......


Really...

**** Really...

Posted by Zap *****

.......yup.......he's using out dated ebonics that black people haven't used since the 1970's......

......and using low level white grammar "Its time we had control of things and showed you..."....

.....he's probably a campaign worker for Mr Poopypants...


.......yup......

~SKIZZIKS

Indeed just another racist or low life koolaide drinker trying to create an advantage.

Once debt was allowed to be securitized and sold, the emphasis on making loans to people who were going to repay the bank became unimportant.

Of course now the taxpayers are going to foot the bill for this failure as well.

OBAMANIGGER

I see the right wing moonbats are elevating the debate to a new level.

It's what they call "subtle," 726.

Mid fifties and sixties. He wasn't even a WWII American Soldier. Standard FHA rates. 2.5-3.25%.

Banks have been using their political clout to increase profits for decades. Part of the over financialization of the economy. The goal is to make everyone owe and work for the Banks from birth to death. Make every loan a jumbo loan.

How long can this conspiracy keep housing inflated? As long as we keep immigrants flooding across the border.

Betelg, its not about getting revenge on white people its about getting a seat at the table. As for the fear of black oppression thats something you white racist have had all along.

As for me being black bring your wife over and she can be the judge.

OBAMANIGGER

Actually should have been Obamas nigger

Weren't you just the "MagicNegro" last week?

Let's review a list of excellent black political leaders......
.............
.............
.............

Yea, I couldn't think of any either. Had a look at South Africa lately?

"Zimbabwe, grappling with a record 2.2 million percent inflation, has introduced a new 100-billion-dollar bank note in a bid to tackle rampant cash shortages, the central bank said Saturday.'

Bush's vacation white house must be in Harare. This is what happens with Bushy type economics, like wars of conquest without sufficient funds. herm

Bash whitey -- again -- yawn.

Boys, boys, boys! Gracious!

If you use your credit card like a debit card or an atm machine then you will get what you deserve.
Credit cards can be a great convenience with kick back possibilities if they are managed correctly.

You read your phone bill lately?

Connection fee: $4.95
Wiring fee: $3.17
911 fee: $4.23...

At least they did away with the "temporary" excise tax on phone bills that were originally intended to go towards the Spanish-American war.


*** If you use your credit card like a debit card or an atm machine then you will get what you deserve.
Posted by fwthom ****

fwthom......that's the first......and only.......correct thing that you have ever said.......

do the nation a service and......please frame a copy and send it Bush.....

......you may need to include some crayon illustrations so that he will understand the message......

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