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jstoesz
Participant[quote]…mental bantamweight.[/quote]
haha
Let us all work at reviving the art of the insult…
ParticipantMaybe I am missing something obvious, but I don’t really understand what all the big deal is. Is anyone seriously disputing the ownership of these mortgages? Did the banks intentionally defraud investors by claiming ownership of something they never paid for, or is this just a case of cutting the corner when securitizing loans.
If there is intentional fraud and a dispute of ownership, then I think, Walter, you are right on…the end of the world (mortgage world, but pretty much everything will fall into that gaping hole). But if this is just some sort of robo-singing crap paperwork job, I don’t see how congress can’t fix it with the stroke of a pen. Funny how they can all agree on things when it comes to the welfare of the banks.
ParticipantMaybe I am missing something obvious, but I don’t really understand what all the big deal is. Is anyone seriously disputing the ownership of these mortgages? Did the banks intentionally defraud investors by claiming ownership of something they never paid for, or is this just a case of cutting the corner when securitizing loans.
If there is intentional fraud and a dispute of ownership, then I think, Walter, you are right on…the end of the world (mortgage world, but pretty much everything will fall into that gaping hole). But if this is just some sort of robo-singing crap paperwork job, I don’t see how congress can’t fix it with the stroke of a pen. Funny how they can all agree on things when it comes to the welfare of the banks.
ParticipantMaybe I am missing something obvious, but I don’t really understand what all the big deal is. Is anyone seriously disputing the ownership of these mortgages? Did the banks intentionally defraud investors by claiming ownership of something they never paid for, or is this just a case of cutting the corner when securitizing loans.
If there is intentional fraud and a dispute of ownership, then I think, Walter, you are right on…the end of the world (mortgage world, but pretty much everything will fall into that gaping hole). But if this is just some sort of robo-singing crap paperwork job, I don’t see how congress can’t fix it with the stroke of a pen. Funny how they can all agree on things when it comes to the welfare of the banks.
ParticipantMaybe I am missing something obvious, but I don’t really understand what all the big deal is. Is anyone seriously disputing the ownership of these mortgages? Did the banks intentionally defraud investors by claiming ownership of something they never paid for, or is this just a case of cutting the corner when securitizing loans.
If there is intentional fraud and a dispute of ownership, then I think, Walter, you are right on…the end of the world (mortgage world, but pretty much everything will fall into that gaping hole). But if this is just some sort of robo-singing crap paperwork job, I don’t see how congress can’t fix it with the stroke of a pen. Funny how they can all agree on things when it comes to the welfare of the banks.
ParticipantMaybe I am missing something obvious, but I don’t really understand what all the big deal is. Is anyone seriously disputing the ownership of these mortgages? Did the banks intentionally defraud investors by claiming ownership of something they never paid for, or is this just a case of cutting the corner when securitizing loans.
If there is intentional fraud and a dispute of ownership, then I think, Walter, you are right on…the end of the world (mortgage world, but pretty much everything will fall into that gaping hole). But if this is just some sort of robo-singing crap paperwork job, I don’t see how congress can’t fix it with the stroke of a pen. Funny how they can all agree on things when it comes to the welfare of the banks.
Participantfaterikcartman there is a very simple solution to this merit based pay idea you are referring to…
We disallow public employee unions again (brown in the 60’s signed that change right?). If there is no public union, many of of these problems go away. People are paid and fired according to the laws of supply and demand. Is there any state in the country that does not allow public unions? (I am not being rhetorical)
Furthermore, politicians do not get the generous campaign contributions from tax payers via forced contributions of public employee unions.
We have the public unions bribing the politicians with the public’s money…and the politicians couldn’t be happier about it. We can not have meaningful reform until this obvious conflict of interest is removed.
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
Alexis De Tocqueville, 1835
Participantfaterikcartman there is a very simple solution to this merit based pay idea you are referring to…
We disallow public employee unions again (brown in the 60’s signed that change right?). If there is no public union, many of of these problems go away. People are paid and fired according to the laws of supply and demand. Is there any state in the country that does not allow public unions? (I am not being rhetorical)
Furthermore, politicians do not get the generous campaign contributions from tax payers via forced contributions of public employee unions.
We have the public unions bribing the politicians with the public’s money…and the politicians couldn’t be happier about it. We can not have meaningful reform until this obvious conflict of interest is removed.
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
Alexis De Tocqueville, 1835
Participantfaterikcartman there is a very simple solution to this merit based pay idea you are referring to…
We disallow public employee unions again (brown in the 60’s signed that change right?). If there is no public union, many of of these problems go away. People are paid and fired according to the laws of supply and demand. Is there any state in the country that does not allow public unions? (I am not being rhetorical)
Furthermore, politicians do not get the generous campaign contributions from tax payers via forced contributions of public employee unions.
We have the public unions bribing the politicians with the public’s money…and the politicians couldn’t be happier about it. We can not have meaningful reform until this obvious conflict of interest is removed.
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
Alexis De Tocqueville, 1835
Participantfaterikcartman there is a very simple solution to this merit based pay idea you are referring to…
We disallow public employee unions again (brown in the 60’s signed that change right?). If there is no public union, many of of these problems go away. People are paid and fired according to the laws of supply and demand. Is there any state in the country that does not allow public unions? (I am not being rhetorical)
Furthermore, politicians do not get the generous campaign contributions from tax payers via forced contributions of public employee unions.
We have the public unions bribing the politicians with the public’s money…and the politicians couldn’t be happier about it. We can not have meaningful reform until this obvious conflict of interest is removed.
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
Alexis De Tocqueville, 1835
Participantfaterikcartman there is a very simple solution to this merit based pay idea you are referring to…
We disallow public employee unions again (brown in the 60’s signed that change right?). If there is no public union, many of of these problems go away. People are paid and fired according to the laws of supply and demand. Is there any state in the country that does not allow public unions? (I am not being rhetorical)
Furthermore, politicians do not get the generous campaign contributions from tax payers via forced contributions of public employee unions.
We have the public unions bribing the politicians with the public’s money…and the politicians couldn’t be happier about it. We can not have meaningful reform until this obvious conflict of interest is removed.
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
Alexis De Tocqueville, 1835
ParticipantThis topic has lost all substance and has denigrated into a circular shouting match. There is no way you are going to convince CAR or jp or the rest that the public sector is overcompensated. It is just not going to happen. And like wise, not in a million years are you going to convince the rest of us, that these folks are underpaid civil servants acting out of a need to help their fellow man.
I do tend to wonder if that old saw applies to even this topic (on both sides of the argument I might add)…
“It is difficult to get a man to understand something when his salary depends on his not understanding it.”
Maybe I am unfairly impugning others motives…
ParticipantThis topic has lost all substance and has denigrated into a circular shouting match. There is no way you are going to convince CAR or jp or the rest that the public sector is overcompensated. It is just not going to happen. And like wise, not in a million years are you going to convince the rest of us, that these folks are underpaid civil servants acting out of a need to help their fellow man.
I do tend to wonder if that old saw applies to even this topic (on both sides of the argument I might add)…
“It is difficult to get a man to understand something when his salary depends on his not understanding it.”
Maybe I am unfairly impugning others motives…
ParticipantThis topic has lost all substance and has denigrated into a circular shouting match. There is no way you are going to convince CAR or jp or the rest that the public sector is overcompensated. It is just not going to happen. And like wise, not in a million years are you going to convince the rest of us, that these folks are underpaid civil servants acting out of a need to help their fellow man.
I do tend to wonder if that old saw applies to even this topic (on both sides of the argument I might add)…
“It is difficult to get a man to understand something when his salary depends on his not understanding it.”
Maybe I am unfairly impugning others motives…
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