Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

[fkbsuhites]

NYC rents are collapsing, sign of a weak real estate market trend

http://www.businessinsider.com/henry-blodget-nyc-rents-collapsing-even-faster-than-reported-2009-8

South Hampton seems to be doing well. Median price is higher. All that TARP money paid in bonuses has to end up somewhere

Quote from Anaconda:

No I just think you're a delusional idiot who realized that he made a dumb absolute statement and tried to cover it up by focusing only on highly publicized name projects in NYC region.

If I had some respect for someone of your level of intelligence, I would take the time to look up the name of a couple West Side projects which got halted in 2008 about 75% into and were sitting for months with drapes over them. But then, if you had that minimum level of intelligence combined with your apparent interest in NYC real estate, you would have known about it, as well as the preceding bidding wars of the properties in the area.

 

[limitdown]

Quote from limitdown:

disgusting, and sad,

has anyone tied this activity back to those who allowed it to happen and fester in the last 8 years during the Bush Administration?

has anyone figured out why under his administration, this happened to the extreme?, although these situations happened before, why to this magnitude?

what was changed and done to allow all the prior checks and balances and consumer protections to have been nulled and voided to allow these market extremes to happen?

so like, what broke?, with our overly regulated consumer protection laws?

what broke with our corporate welfare protection laws?

what broke to have allowed all these unverified sub-par loans to be packaged and sold with the supposition of the full faith and backing of either FNM or FRE?

what allowed these wealthy, highly priviliged, higly educated, highly segregated powerful corporate types in Investment Banking and similar firms to have packaged these worthless toxic assets and sell them as top flight, grade A+ structured instruments to America's trading partners, without recourse?

was it more than just greed?, averrace?, arrogance?, superior mental / social outlook / attitude?

it must have been something in the aire during the past 8 yr administration that allowed these forces to go unchecked, where as they never posed such a collectively destructive force in any previous administration

so what was it?

 

[fkbsuhites]

Past 8 years?

Try the past 20 years.

Since 1980 we've had 3 Republican goons and 1 Democratic goon.

The republicans all wanted to be reagan and borrowed ( more like stole from the future generation ) and spent on useless military misadventures. Reagan was the first one to figure out how to transfer wealth from future generations to his wealthy cronies. The monkey expedited the process. A $1 Trillion giveaway 2 months before the monkey leaves office with no trace of where the money went.

The one Democrat not only reworked social welfare, he balanced the budget and reduced the deficit.

And yet, the republican goons have the audacity to tell the rest of us their useless laws are good for the country?

What went wrong the past 8 years?

It's called republican Fascism by those who worship goddess Ayn coupled with the foreign agent neocon communist ideology of world domination infiltrating the nutty right wing base.

Republican Fascism: Govt. by the corporations. Govt. For the Corporations.

http://en.wikipedia.org/wiki/Fascism

Look at who is funding to drive around all these geriatric tea bagging blathering imbeciles? $8 million and counting from Big Pharma and insurance.

The fact that Obama continues every single of monkeys republican fascist policies should tell us we now have a one party fascist govt. in place which just happens to wear a different color suit.

Quote from limitdown:

so like, what broke?, with our overly regulated consumer protection laws?

what broke with our corporate welfare protection laws?

what broke to have allowed all these unverified sub-par loans to be packaged and sold with the supposition of the full faith and backing of either FNM or FRE?

what allowed these wealthy, highly priviliged, higly educated, highly segregated powerful corporate types in Investment Banking and similar firms to have packaged these worthless toxic assets and sell them as top flight, grade A+ structured instruments to America's trading partners, without recourse?

was it more than just greed?, averrace?, arrogance?, superior mental / social outlook / attitude?

it must have been something in the aire during the past 8 yr administration that allowed these forces to go unchecked, where as they never posed such a collectively destructive force in any previous administration

so what was it?

 

[Clubber Lang]

Quote from Anaconda:

No I just think you're a delusional idiot who realized that he made a dumb absolute statement and tried to cover it up by focusing only on highly publicized name projects in NYC region.

Here's my quote you fucking inbred-

Quote from Clubber Lang:

BTW- I haven't seen a single half-finished development anywhere in the New York tri-state area. They are all completed and sold with more building going on (albeit at a much slower pace than the previous decade, thankfully).

I was only focusing on developments in the NYC area.

I continue to prove your complete lack of reading comprehension and Forrest Gump level IQ.

Now run along and go ask your mom how my cum tastes.

Don't bother responding with more drivel. Welcome to ignore.

U R OWNED.