tag:blogger.com,1999:blog-3397167328061019765.post1778735887279553930..comments2024-01-16T03:55:26.266-05:00Comments on Welcome to Pottersville 2 (Blogging Against Fascism!): "What a Bunch of Assholes!" (Criminal Assholes!) Matt Taibbi Coins a ResponseCirzehttp://www.blogger.com/profile/07070125217972397204noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3397167328061019765.post-41858452973806574632009-11-08T07:36:45.420-05:002009-11-08T07:36:45.420-05:00How Goldman secretly bet on the U.S. housing crash...<a href="http://www.mcclatchydc.com/227/story/77791.html" rel="nofollow">How Goldman secretly bet on the U.S. housing crash:</a> - In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting. The last section of the article "I've got a secret" discusses the selling of Goldman's MBS and the disclosure rules.<br /><br /><a href="http://www.mcclatchydc.com/227/story/77841.html?storylink=omni_popular" rel="nofollow">New Role For Goldman: Taking Away People's Homes</a> - Joining other Wall Street firms that bought millions of subprime mortgages, Goldman companies have gone to courts from California to Florida seeking approval to foreclose on the homes of middle- and lower-income Americans who couldn't keep up with their loans' soaring monthly payments. Some borrowers were speculators or homebuyers who exaggerated their incomes on loan applications, thinking they'd always have an escape hatch because housing prices would keep rising. Others, however, were victims of fast-talking mortgage brokers who didn't explain that the loans' interest rates could rise to as high as 15 percent. Many borrowers who defaulted on their mortgages may never qualify for a home loan again.rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-64814152399784260712009-11-07T18:17:01.137-05:002009-11-07T18:17:01.137-05:00I agree.
He did not say "love yourself first...I agree.<br /><br />He did not say "love yourself first best."<br /><br />SCirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-3397167328061019765.post-60442184578743191532009-11-07T14:22:01.227-05:002009-11-07T14:22:01.227-05:00Jesus' statement, translated idiomatically fro...Jesus' statement, translated idiomatically from the <i>koine</i> renders best as: <b>Love your neighbor both in the same way and to the same degree that you love yourself.</b><br /><br />That is not a justification for predatory crony-capitalism. It is actually a very progressive statement.TomCathttps://www.blogger.com/profile/11397335545286040472noreply@blogger.com