why do we have a economic problem?

bootiack www.nomarriage.com
10:20 joshuagriswold (Autoreply) Fell asleep at my desk?
10:20 bootiack www.giv72.com
11:01 joshuagriswold hey dude
11:07 bootiack One prominent example is the CEO of Lehman Brothers, Richard Fuld. In 2007 alone, according to the executive compensation firm Equilar, he earned total take-home compensation of more than $45 million in salary and bonuses. Congressional researchers said he earned nearly $500 million from 2000 through 2007.
11:07 bootiack vote obama!!
11:07 bootiack tax the fat cats!!
11:07 joshuagriswold i think therer should be a pay ceiling
11:07 joshuagriswold or better yet
11:07 joshuagriswold ceo's can make no more than 10 times what the employees of the company make
11:07 bootiack tax anyone over 2 millino a year 100%
11:08 bootiack end wge slavery!
11:08 joshuagriswold dude, i'm happily married, and your banging chicks my mom's age, i'd appreciate you stop bringing up no marriage
11:08 bootiack im banging chix 30?
11:08 bootiack your mom 30?
11:08 bootiack damn
11:08 bootiack time travel?
11:08 bootiack lol
11:08 bootiack and im having big house party 2night
11:09 joshuagriswold the chick in vegas
11:09 joshuagriswold lol
11:09 bootiack www.nomarriage.com
11:09 bootiack read up
11:09 bootiack I meanis your marraige jsut to get her in the country?
11:09 bootiack or are you married permanently?
11:09 bootiack why wana goto thailand?
11:10 joshuagriswold because i love thai chicks
11:11 bootiack but your married
11:11 joshuagriswold what's your point?
11:11 bootiack lol
11:11 joshuagriswold when you send me someone hotter than brooke you're banging then you can talk
11:11 bootiack but im not married!!
11:12 joshuagriswold yes you're alone not dating anyone hot, what are you bragging about?
11:12 bootiack woa well your assuming shes hot lo
11:12 bootiack lol
11:13 joshuagriswold i know she's not
11:13 joshuagriswold lol
11:13 bootiack for you
11:13 bootiack sure
11:13 bootiack but hey
11:13 bootiack you would have done better to bang her without getting MARRIED
11:13 bootiack unless its a maraige of conveniece
11:13 bootiack to get her in the country
11:13 bootiack I dont know
11:13 bootiack u havent levelled w me
11:13 bootiack so it is love ANd you want thatiland?
11:14 joshuagriswold it's not a marriage of convenience and i like being married
11:15 bootiack but what about thailand?
11:15 joshuagriswold what about it?
11:15 bootiack lol
11:15 joshuagriswold i'm not dead
11:15 joshuagriswold lmao
11:16 bootiack hmm
11:16 bootiack hmmmmmmmmmmmmmm
11:17 bootiack im goign to thailand again
11:17 bootiack I hope you come along
11:18 joshuagriswold i'm in when you stop flaking and actually go
11:18 joshuagriswold lol
11:19 bootiack sowate kap
11:20 joshuagriswold lol
11:21 bootiack house party tonight at my pad
11:22 bootiack Im inviting all women i know
11:22 joshuagriswold lmao
11:22 bootiack room mate bringing waitreses
11:22 bootiack and im inviting stripper i know
11:22 bootiack should be itneresting
11:30 joshuagriswold lol
11:30 bootiack any parties in new york?
11:31 bootiack oh wait your marride
11:31 bootiack doh!!
11:31 bootiack LOl
11:31 joshuagriswold dude i'm serious knock it off
11:31 bootiack cmon just kidding
11:31 joshuagriswold i go to parties here with my wife
11:31 bootiack gav chix!!
11:33 bootiack josh man
11:33 bootiack wow
11:33 bootiack the josh man
11:33 bootiack any wall st people jumping yet?
11:33 joshuagriswold nope not yet
11:33 joshuagriswold lol
11:34 bootiack they throwing taxpayer out window not themselves
11:34 bootiack bastard
11:34 bootiack s
11:34 joshuagriswold well 8 years of crap has to be paid for
11:34 joshuagriswold you think bailing out the banks they let loose is free?
11:34 joshuagriswold lol
11:34 bootiack 10
11:34 bootiack clinton started the mortgages for minorities remember?
11:34 bootiack ;)
11:35 bootiack and 1994=banks can be investmetn and mortgage
11:35 joshuagriswold you're still not talking about what caused this
11:35 joshuagriswold people taking out money on their houses not minorities
11:35 joshuagriswold people in la pushing up housing prices as investors and upgrading their houses
11:35 joshuagriswold i have 2 friends that did that
11:36 joshuagriswold they aren't minorities
11:36 joshuagriswold lol
11:36 joshuagriswold lehman died that's what froze the credit
11:36 bootiack well any schlep withotu money or cedit
11:36 joshuagriswold dude, this isn't dubprime
11:36 bootiack governmetn freddy mac fannie may = mortgages = problem
11:36 joshuagriswold subprime*
11:36 bootiack bank stuff then mortgage back securities, 30:1 ratio all bakced by governemtn bailout
11:36 joshuagriswold freddie mae and mac accounting stuff
11:37 bootiack and governemtn said a bank can lend out 30:!
11:37 bootiack an individual cant
11:37 bootiack individual lucky to get 1.5:1
11:37 joshuagriswold i get 500:1 with currency
11:37 bootiack so governemtn regualtion caused it right
11:37 bootiack cuz no one risj thier own cash if not governemtn
11:37 bootiack heh heh heh
11:37 joshuagriswold people betting on a housing bubble caused it
11:38 bootiack if you give a poor schlep a big loan and hes got no money
11:38 bootiack hes guna default
11:38 bootiack gvernemtn allowed it
11:38 bootiack governemtn helped countrywide
11:38 bootiack subsidies
11:38 bootiack none of thsi was free market
11:38 bootiack heh
11:38 bootiack simpel as pie
11:38 bootiack pump n dump
11:38 joshuagriswold contrary this was free market
11:38 joshuagriswold because if they were regulated, no issue here
11:39 joshuagriswold they were allowed to do whatever they wanted
11:39 bootiack no contrary this was regualtion not free market
11:39 joshuagriswold and look? bam crash
11:39 bootiack and they arent doing anythign to stop it
11:39 bootiack is amazing aprt
11:39 bootiack regulation said give poor minority big loan
11:39 bootiack and fed is government
11:39 bootiack fed is just a tax
11:39 joshuagriswold dude, believe what you want, you're clearly wrong
11:39 joshuagriswold you think minorities are the problem
11:40 joshuagriswold housing prices falling from speculationg was the problem
11:40 bootiack minorities and por getting loans
11:40 bootiack forced by givernemtn si the oprblem
11:40 bootiack how yiou think we get the laons that defautl?
11:40 joshuagriswold right and that caused the la housing market to over-inflate? minorities?
11:40 bootiack rich lawyer default?
11:40 bootiack nooooo
11:40 bootiack its governmetn giving loans out
11:40 bootiack below market price
11:40 joshuagriswold have you been reading?
11:40 bootiack government
11:40 joshuagriswold rish people are defaulting you moron
11:40 joshuagriswold lol
11:41 joshuagriswold you are an idiot if you think that rich people aren't defaulting right now
11:41 bootiack do you even realise that the mortgages behind mortgage abcked secutrities are from governemtn forced soures such as country wide and fredie mac and fannie may? its all there
11:41 bootiack in black n white
11:41 bootiack the fed also helped by making rates low
11:41 bootiack encouragingin in obamas words cavalier behavior!
11:42 joshuagriswold dude you really don't know what you are talking about
11:42 bootiack do you even read?
11:42 bootiack do you know what freddie mac is?
11:42 bootiack want me to get you the definition
11:42 joshuagriswold i shorted freddie mac and made money off of it expecting this to happen
11:42 joshuagriswold so what do you think?
11:43 joshuagriswold housing started collapsing when i left la bcause it was overprices
11:43 joshuagriswold overpriced
11:43 joshuagriswold very simple
11:43 joshuagriswold people investing in this house lost monet
11:43 bootiack Federal Home Loan Mortgage Corporation (FHLMC)
11:43 joshuagriswold if you read so much why was this a surprise?
11:43 joshuagriswold lmao
11:43 bootiack The Federal National Mortgage Association (FNMA)
11:43 bootiack you are the one uninformed
11:44 bootiack therse are governmetn propped bodies
11:44 joshuagriswold why did you lose money in cgmfx?
11:44 joshuagriswold and appl?
11:44 bootiack because of government
11:44 bootiack failure
11:44 joshuagriswold right
11:44 bootiack FAILURE
11:44 joshuagriswold i thought oyu said free market was the way?
11:44 bootiack pumping funny money mortgage loans into economy
11:44 bootiack it is
11:44 bootiack none of this would have happened in a freer market
11:44 bootiack simple
11:44 joshuagriswold people going crazy buying houses to make money was the problem
11:44 bootiack the cause is goernmetn forced loans
11:45 joshuagriswold you need to read more
11:45 bootiack the cause is governmetn forced loans gone bad
11:45 joshuagriswold lol
11:45 bootiack you do too
11:45 joshuagriswold no because i didn't lose half my savings in this
11:45 joshuagriswold no clearly i know what i am doing
11:45 joshuagriswold lol
11:45 bootiack the cause is government forced loans and banks who made up securities on them
11:45 bootiack well
11:45 bootiack apparently not
11:46 bootiack I am holding nothing has bene lsot
11:46 bootiack you lose money all the time
11:46 bootiack :)
11:46 joshuagriswold yes every trader loses money
11:46 joshuagriswold you lost 1/2
11:46 joshuagriswold lmao
11:46 bootiack ok then
11:46 bootiack no
11:46 bootiack holding
11:46 bootiack lost if i sold
11:46 bootiack :)
11:46 joshuagriswold holding = doesn't know what to do because he's hoping it will go up
11:46 bootiack but no need to go ad hom
11:46 bootiack so do you think the governmetn is shutting down 30:1 banking?
11:47 bootiack shutting downt he fed?
11:47 bootiack shutting down fredie mac?
11:47 bootiack the things that caused this problem?
11:47 bootiack if that si what you mean by regulation then sure
11:47 bootiack check out some youtubes by jim rogers
11:48 bootiack whos a billionaire trader and market wizard
11:48 bootiack he agrees with me
11:48 bootiack :)