Report shows strategic defaults increasing

[Anonymous]

[quote=jpinpb][quote=BillS78]
I missed out on earning multiples of the $25k that I “saved on my free rent” because of the bank bailouts. My shorts would have paid off so much more, I haven’t been bailed out I’ve lost money on the bank bailout.[/quote]

Again, you don’t want to think of it as a bailout, but trust me, for anyone spending money every month on rent AND having to pay the taxes for this bailout, at least you’ve got a little something every month to do w/what you want to ease the pain. Still better than a renter. Who wouldn’t want to live in their place for free?[/quote]Sorry you are upset, but you flat out don’t know what you are talking about. I was not bailed out. I lost over $100K easy in profits on my July-Sept. 2008 oil shorts because of the bank bailouts and that money funneled back into the commodity futures market. You are crazy if you think the ~$25K I saved in rent makes up for the $100K to $150K I would have made if oil stayed in the 30’s/40’s or dropped even lower.

I can tell you are angry and looking for someone to blame but being irrational isn’t going to help you. The income taxes that I would have paid on my profits would have been more than the ~$25K I’ve saved in rent. Did you lose over $100K on investments because of the bank bailouts? I doubt it unless you were shorting the market. Your 401K was saved.

Get real, you were bailed out more than I was.

[quote=jpinpb][quote=BillS78]Hey I’m being priced out of the market just like any other potential able buyer because I don’t want to overpay. [/quote]

Again, every month you live for free deprives you of the right to complain.[/quote]Bullshit. I lost more than you did on investments(unless you were heavily shorting) because of the bank bailouts and I bet that I also pay more federal income tax than you.

The people that got screwed the worst in all this mess were the people shorting the markets. We made money but only a small fraction of what we would have made if there were no bailouts.

Guess it’s tough all over, quit your bitching.

[Arraya]

I still don’t think it is a moral equivalent because the casino would be losing money from continuous play. It does not change the banks bottom line if they move out before they miss a payment or stay for 5 years if the banks choses not to take it back.

[Arraya]

I still don’t think it is a moral equivalent because the casino would be losing money from continuous play. It does not change the banks bottom line if they move out before they miss a payment or stay for 5 years if the banks choses not to take it back.

[Arraya]

I still don’t think it is a moral equivalent because the casino would be losing money from continuous play. It does not change the banks bottom line if they move out before they miss a payment or stay for 5 years if the banks choses not to take it back.

[Arraya]

I still don’t think it is a moral equivalent because the casino would be losing money from continuous play. It does not change the banks bottom line if they move out before they miss a payment or stay for 5 years if the banks choses not to take it back.

[Arraya]

I still don’t think it is a moral equivalent because the casino would be losing money from continuous play. It does not change the banks bottom line if they move out before they miss a payment or stay for 5 years if the banks choses not to take it back.

[Anonymous]

[quote=SD Realtor]Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions?[/quote]WOW just unbelievable.

Only a lying thieving realtor would equate their stealing with my 100% legal actions.

Good job hypocrite. You know no bounds.

[Anonymous]

[quote=SD Realtor]Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions?[/quote]WOW just unbelievable.

Only a lying thieving realtor would equate their stealing with my 100% legal actions.

Good job hypocrite. You know no bounds.

[Anonymous]

[quote=SD Realtor]Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions?[/quote]WOW just unbelievable.

Only a lying thieving realtor would equate their stealing with my 100% legal actions.

Good job hypocrite. You know no bounds.

[Anonymous]

[quote=SD Realtor]Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions?[/quote]WOW just unbelievable.

Only a lying thieving realtor would equate their stealing with my 100% legal actions.

Good job hypocrite. You know no bounds.

[Anonymous]

[quote=SD Realtor]Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions?[/quote]WOW just unbelievable.

Only a lying thieving realtor would equate their stealing with my 100% legal actions.

Good job hypocrite. You know no bounds.

[briansd1]

The whole financial market is really a casino.

As a society, we have consciously allowed it because we realized that financial innovation accelerates economic activity and wealth creation.

There is really no difference between gambling that a mortgage-backed asset will go bad and gambling that the Chargers will lose the next football game.

The people who run the financial markets are allowed to spread their risks to society at large because the benefits of money as the grease in the wheels of commerce are thought to outweigh the downsides.

That’s capitalism. It’s not a moral system per se, but it’s the best at generating stuff that we want to consume.

Do you want morality; or you do you want to buy all your stuff for cheap, and more and more of it for the income you’re making?

[briansd1]

The whole financial market is really a casino.

As a society, we have consciously allowed it because we realized that financial innovation accelerates economic activity and wealth creation.

There is really no difference between gambling that a mortgage-backed asset will go bad and gambling that the Chargers will lose the next football game.

The people who run the financial markets are allowed to spread their risks to society at large because the benefits of money as the grease in the wheels of commerce are thought to outweigh the downsides.

That’s capitalism. It’s not a moral system per se, but it’s the best at generating stuff that we want to consume.

Do you want morality; or you do you want to buy all your stuff for cheap, and more and more of it for the income you’re making?

[briansd1]

The whole financial market is really a casino.

As a society, we have consciously allowed it because we realized that financial innovation accelerates economic activity and wealth creation.

There is really no difference between gambling that a mortgage-backed asset will go bad and gambling that the Chargers will lose the next football game.

The people who run the financial markets are allowed to spread their risks to society at large because the benefits of money as the grease in the wheels of commerce are thought to outweigh the downsides.

That’s capitalism. It’s not a moral system per se, but it’s the best at generating stuff that we want to consume.

Do you want morality; or you do you want to buy all your stuff for cheap, and more and more of it for the income you’re making?

[briansd1]

The whole financial market is really a casino.

As a society, we have consciously allowed it because we realized that financial innovation accelerates economic activity and wealth creation.

There is really no difference between gambling that a mortgage-backed asset will go bad and gambling that the Chargers will lose the next football game.

The people who run the financial markets are allowed to spread their risks to society at large because the benefits of money as the grease in the wheels of commerce are thought to outweigh the downsides.

That’s capitalism. It’s not a moral system per se, but it’s the best at generating stuff that we want to consume.

Do you want morality; or you do you want to buy all your stuff for cheap, and more and more of it for the income you’re making?

[Author]

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