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Explain Santelli's Logic (Today's New Comment) To Me
- Thread starter nravo
- Start date
For a website supposedly populated by traders, it's amazing how many people don't get the concept of personal responsibility. Guess what wannabee...it's IMPOSSIBLE to succeed at trading without a total sense of personal responsibility.
If you're irresponsible and looking for easy money vote democrap and bleed the government.
If you're irresponsible and looking for easy money vote democrap and bleed the government.
Quote from dsq:
youre an idiot or completely naive beyond stupidity...using your logic banks shouldnt have locks on their front doors...why does the bank even bother using armored truck services...Duh.
What poor fool wouldnt accept a half million bucks if somebody offered it to them without collateral or personal risk?
You,i guess.
Again, not my logic... that was your dimwitted impression of it because personal responsibility is an alien concept to you.
If banks don't lock their doors they're stupid (like you) and negligent.
But if someone comes in and takes the money they're stealing.
If banks don't lock their doors they're stupid (like you) and negligent.
But if someone comes in and takes the money they're stealing.
Quote from dsq:
using your logic banks shouldnt have locks on their front doors...why does the bank even bother using armored truck services...Duh.
What poor fool wouldnt accept a half million bucks if somebody offered it to them without collateral or personal risk?
You,i guess.
Quote from Trader666:
That wasn't my logic, that was your moronic impression of it because personal responsibility is an alien concept to you.
personal responsibility can be verified by a persons credit worthiness and/or income.Apparently banks were intentionally seeking out people with bad credit to make outlandish loans to.That is what SUBPRIME means.Get it?Ever heard of that saying "trust but verify".You in particular ,should.
Quote from Trader666:
That wasn't my logic, that was your moronic impression of it because personal responsibility is an alien concept to you.
Haha - I love you guys who spout your trash talk, having not the first clue about whom you address. Personal responsibility an alien concept? - don't make me laugh.
You can't dispute my point so you spew BS.
Quote from dsq:
personal responsibility can be verified by a persons credit worthiness and/or income.Apparently banks were intentionally seeking out people with bad credit to make outlandish loans to.That is what SUBPRIME means.Get it?Ever heard of that saying "trust but verify".You in particular ,should.
Quote from dsq:
personal responsibility can be verified by a persons credit worthiness and/or income.Apparently banks were intentionally seeking out people with bad credit to make outlandish loans to.That is what SUBPRIME means.Get it?Ever heard of that saying "trust but verify".You in particular ,should.
Excellent post!
Unfortunately, the lack of BRAIN power here on ET these days has resulted in a preponderance of idiotic posts made by people who believed that markets were "Free and Fair" on the way up, and just like Alan Greenspan embraced the idea that the marketplace would be "self-regulating".
Now that we are on the "downside" of the curve of all of this alleged "free-market" activity, they ( and the Rick Santelli's of the World ) still REFUSE to see how stupid they look embracing laissez-faire capitalism that assumed that the marketplace wasn't "rigged" on the way up to begin with.
Quote from Trader666:
If banks don't lock their doors they're stupid (like you) and negligent.
But if someone comes in and takes the money they're stealing.
Borrowers didnt walk in the banks and steal their money.It was banks who threw the money at these losers.
Apologists for irresponsible banks are pathetic.Banks are supposed to be run by intelligent,responsible people.That they would give a half million bucks to undocumented poor people is moronic.Apparently a 5yr old understands this concept but you dont.