Who Is to Blame for the Financial Crisis?
A friend wrote:
Three years ago, the US had one of the most horrific financial crises in history caused by a massive fraud. Not a single financial executive is in jail… helllloooooooo!!!
I replied:
Correction… those who committed crimes on the business side, such as, Bernie Maddof, are in jail for a very, very long time (and/or their son committed suicide.) On the other hand, all the homeowners who commtited fraud… I didn’t see any of them go to jail. not paying back one’s debts is what caused the financial crisis.
“forgive us our debts as we forgive our debtors” = debts are not forgiven, they are repaid.
RESPONSE
Adam Harris
Well put. But people were very mislead.
John Bernard
The problem was cause by poor loaning practices in the first place
Daniel Brouse
er, a… poor borrowing practices. it is a conusmers responsibility not to claim ignorance. there was not fraud for that part… consumer greed. as a banker, i blame the individuals who borrowed the money… and the educational system fo…r not teaching even basic finance in public schools.
credit rule number 1 — don’t borrow money you can’t pay back 
Adam Harris
True that. But in times tough to turn an offer like the ones they were given down.
John Bernard
It looks nice on paper when you lay it out like that but it isn’t really so simple. You make the lenders seem like a bunch of little angels that screwed by those devilish poor people. How dare they!
Neal Goldberg
as banker you should probably be publicly flogged you greedy little monkey
Neal Goldberg
Not even tough times if I took on all the credit cards I was offered whether I used them or not I’d be screwed…
Neal Goldberg
Banks are allowed access to 9/10 of what actual money they have… Maybe if you scum sucking assholes didn’t pool bullshit loans together that you knew you wouldn’t get paid for and sell them as securities to China we wouldn’t have to accept their lead poisoned toys and we’d have the balls to say something about it…
Neal Goldberg
A person who lends you something and then cuts your life apart to get it back is known as a LOAN SHARK they work for REAL GANGSTERS
Neal Goldberg
And yeah I guess Bernie committed that crime himself huh? NO there were other bankers, other investors, other political organizations that over looked at the very least what he was doing and all those SCUM BAGS should be in jail too…
Neal Goldberg
http://www.youtube.com/watch?v=41s1oWM9vOQ These are REAL GANGSTA’s
Neal Goldberg
Rule number 1 never ever mistake a banker for an actual human being… Humans are born with sympathy, empathy and they feel pain… Bankers are highly trained autobots who only feel pain in the numerical sense, they have no sympathy for you…r job loss or hunger, and no empathy for your social, economical or racial background… In short they don’t give a fuck about YOU… They are interested in ownership, they are not interested in education, they pay for the commercials you see begging you to buy into what they are selling because you need it and “no” you are not good enough without it… They foreclose house’s on troops in Iraq, they simply don’t give a FUCK…
Daniel Brouse
i guess that makes it easier… to blame the shadows for our own casting
Neal Goldberg
Stop hiding in the Dark BITCH I live on earth why do I have to read the small print cause your crooked mouth can’t say that shit out loud
Neal Goldberg
Tell me the truth you loaned me this money as a predatory lender
Neal Goldberg
I’m sorry why the fuck did we bail out the banks? So they can foreclose on the house they didn’t get paid back for, THATS WHY THE FUCK WE BAILED YOU OUT
Neal Goldberg
Oh wait I can’t pay you back cause you took my job too, and now I’ve got no job no car no house the LEAST of my concerns is paying you back 20% interest on money I shouldn’t owe you in the first place
Daniel Brouse
sorry to say… in this regard, you are correct. a lil’ paper i wrote that predicted the current events…
if ya wanna get into that logic… it is the gov’t that is to blame for borrowing money. the gov’t should not borrow money. citizen…s of the US are to blame for that. of course, in the end… the scales of justice will balance:
The Golden Rule’s Social Justification
Neal Goldberg
Word now we’re getting somewhere but the problem is really that ALL of our money is borrowed because it’s printed by a bank THE FEDERAL RESERVE “BANK” is a privately owned “BANK” every dollar we print comes at “25%” interest too the BANK, …this BANK was never ever in the plans for America. We never wanted a central bank, ever, never, ever. Woodrow Wilson says it was his biggest mistake, and they pushed the legislation through on christmas eve so no one could vote against it… WHO OWNS THE FEDERAL RESERVE “BANK” Rockafeller, Morgan, Rothchild and Warburg
Neal Goldberg http://www.apfn.org/apfn/fed_reserve.htm very interesting shit… We Are the Fools Mr. Brouse but no more….
Marco Sforza
Neal Goldberg, your comments are real. And just amazing. I’m glad i read this all. And dude Neal, you just made me wiser i think. thanks dude. youre really smart. and if ur comments were any more correct I’d start reconsidering perfection to be real again haha. good man. good.
Neal Goldberg
Dude listen I’m not smart or I’d have these people’s heads on a stick but I can’t do it alone I’m just musician and there’s nobody who wants to here songs about this shit… They ain’t putting you on a clear channel owned station if you’re …gonna talk shit about their sponsor’s but together, WE OWN THEM… All their money means shit if we don’t buy their goods… My dream is that Walmart folds with there rottin milk wreaking up their whole cheap store full of shit Americans used to make with their own hands… This whole bank talk has major implications to what is going on in the world… People in the middle east are saying enough is enough but unless an educated extremely righteous person who is willing to sacrifice, steps up we’re all gonna get sucked back into the this bullshit money game…
Neal Goldberg
We are out there we are struggling and they are pitting the middle class against itself, divide and conquer… That union shit is not about better teacher performance it’s about indoctorinating your kids with test scores and ZERO critical t…hinking… How many kids you go to highschool with that did better then you but couldn’t logically find there way around a fucking mall map, gimme a break… it staggering. it’s all connected they are robbing all of us in every possible way, worse yet we’re robbing each other in the name of progress, eat or be eatin… There’s enough food for ALL of us, to bad it’s genetically modified so that you have to buy the fucking seeds from them the next year, like they’re selling you a disposable car charger, like they make each one different for more profit, for a bigger fucking yacht… I hope they burn still tied to the dock… Shit rolls down hill folks lucky I grew up in the Valley, I went to school in the Hills, and I was born so far south that my blood boils with the have-nots…
Daniel Brouse
ha! well, justification is here. guess it doesn’t matter if we like it or not… everything balances out in the end. that’s why they talk about it in the Religions Of The Book… jews, christians, muslims… all believe in gods Book… H…er accounting book… and in the end, they say God’s checkBook will balance
however, i must disagree with you about being just a musician and not writing songs about this stuff. i find the message of music to be the mose powerful, if we humans are gonna envoke change and help right the injustice?
like this one:
Tell me this again:
Time is growing thin
Many will lose
And, some may win
The who whose
Baring a grin
Looked within
And, gave throughout
The entire route
From birth to death
Earns worth
One second’s value
Is the same as two
The value holds true
I can’t save time
For a rainy day
I can’t accumulate
At any rate
Time
I’m
To emulate
My potential
The energy in me
Make my genetic
Kinetic
The value in me
Figure how
To find the value
In now
One second’s value
Is the same as two…
Or more
The value holds true
For sure
Put meant
In every
Moment
Make very
Important
The presentSee More
Daniel Brouse
ps this conversation seems to be *worth* something… does anyone mind if i repost it publicly?
Neal Goldberg
Word. but banker, man, you are an artist…. Help us fight from the inside… Read their fucking names out loud, who are these scum suckers where can we find them. If some asshole is gonna protest at a funeral about gays in the military I’m …sure I can find some peeps to picket outside dushberries 5 mil. apartment in the city… Lets get the truth out, get angry, you gotta say “I’m a human being god Damn it” The fucking were tolls on the turnpike were to build a fucking bridge that now you’re not gonna build, so tear down down the fucking tolls… We passed the legal marijuana law now fucking build the infrastructure or we’re gonna kick your ass to the curb, YOU DUMB ASS POLITICIANS WORK FOR US THE PEOPLE… Lobbyists should be ousted on site, it BRIBERY a five year old could see that… TELL ALL THE PEOPLE THAT YOU SEE… FOLLOW ME DOWN
John Bernard http://news.slashdot.org/story/11/03/14/1323257/Anonymous-Leaks-Internal-Bank-of-America-Emails?from=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Slashdot%2Fslashdot+%28Slashdot%29
Daniel Brouse
”I’m a human being god Damn it”
