Steve Kelley by Steve Kelley

Steve Kelley

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  1. Michael wme

    Michael wme said, over 1 year ago

    What we had is called a ‘leveraged bubble’.


    Forget the idiots who speak of a law that banks had to make bad loans. There is no such law. There IS a law that if an African American comes in with a 20% down payment and a salary of $30,000 and a WASP comes in with a 20% down payment and a salary of $30,000, and both want to buy a $60,000 flat, the bank cannot approve the WASP and reject the African American.


    But the banks went to people who owned homes but had incomes of $12,000 and said, ‘If you try to buy a flat-screen TV, your monthly payment would be $1,500 because they charge high interest to people without collateral. If you put your home up as collateral, your monthly payment would only be $300 for that same TV.


    So they signed the note, and paid $300 per month the first year, after which the payment rose to $3,000 and they lost their home.


    The lies were verbal, the contract was written (I believe, in Sumerian). So it’s all the borrowers’ fault for listening to the grafter? And the government must guarantee the grafter’s commissions? And the borrowers must go to jail for fraud because they had their names signed promising to pay $3,000 per month when their income was only $1,000 per month? And the people who are out protesting are trying to steal money from honest people who worked hard to convince suckers to sign over their homes for a flat-screen TV?

  2. Eryx

    Eryx said, over 1 year ago

    As far as I can see, their goal is to not have everyone’s future lie in the hands of business criminals who are aided and abetted by the government. I wish them all good luck with that.

  3. dtroutma

    dtroutma said, over 1 year ago

    There are a lot of individual needs, individually expressed, most make sense, which means; nothing like the TEA party.

  4. disgustedtaxpayer

    disgustedtaxpayer said, over 1 year ago

    http://www.wnd.com/index.php?fa=PAGE.view&pageId=355941
    *——IMO an excellent article detailing the roots and sources and players in the Wall Street demonstrations….by some PAID by the hour….and the GOALS of the “occupiers”…
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    article by author and website “EllisWashingtonReport.com”…
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    10/14/11 “Lenin’s ‘useful idiots’ in Manhattan”…
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    Fox Saturday a.m. financial analysts revealed today that the college students participating have a goal….FOR TAXPAYERS TO PAY 100% OF THEIR PERSONAL COLLEGE LOANS….! True communism/socialism/fascism.

  5. halfabug

    halfabug said, over 1 year ago

    Not Wall Streets but the goverments.

  6. Heavy B

    Heavy B said, over 1 year ago

    @disgustedtaxpayer

    World Net Daily? Lost me already. I prefer not to get info from a site that leans farther right then a man with a missing right leg.

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