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All Posts Tagged With: "loan"

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Mortgage Conundrum – Who Deserves Help?

Last week 60 Minutes did a segment on an elderly woman who seems to be the victim of predatory lending. The bias of the program was clearly designed to support the case of the woman and to discredit the lending agency. This problem is not so simple.

18Feb2009 | | 1 comment | Continued
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Democrats are Complicit in Economic Collapse

Democrats and Republicans mixed the Perfect Economic Storm.  A big part of the collapse of Wall Street should rightly be put at the feet of the Wall Street Bankers.  These are the ‘experts’ who were charged with managing the bank’s resources.  Our government sanctioned lunacy in the banking industry – but that does not excuse […]

7Oct2008 | | Comments Off on Democrats are Complicit in Economic Collapse | Continued
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Redneck Bait Shop and Bank Loans

Bobby John scratched his beard, pondering. Then he said, “Billy Bob, you sure being quite.” Billy Bob sat behind the counter of the Bait Shop, his usual post when the boys showed up for some palaver.  The stool squeaked as Billy Bob leaned on the counter, “We aint been doing so good here at the […]

29Sep2008 | | Comments Off on Redneck Bait Shop and Bank Loans | Continued
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Redneck Loan Sharks

We was run out of the general store cause we talk too much politics.  So we is now hanging out at the Bait Shop.  It’s good cause they expect us to lie. Bobby Joe:  Where is Hank these days, ain’t seen him around much?” Bobby John:  He decided to start a bank. Bobby Joe: How’d […]

22Sep2008 | | Comments Off on Redneck Loan Sharks | Continued
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The Real McCain – The Keating Five

John McCain has desperately floundered this week to adopt a meaningful policy to deal with the economy.  He changes his position two or three times every day.  As if this were not enough to violate our trust, his entire history is one of catering to exactly the sort of people who have crashed Wall Street.  […]

20Sep2008 | | Comments Off on The Real McCain – The Keating Five | Continued
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Banks do Business with Predatory Lenders

I was in my bank the other day to roll over my wife’s 401k, and I was browsing all of their literature while I waited for the financial advisor. I don’t usually pay any attention to all of the stuff along the wall because I already have all of the banking junk that I need […]

12Aug2008 | | Comments Off on Banks do Business with Predatory Lenders | Continued
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Evangelicals, Republicans, two Tar Babies

Son, In 1979 the Republican Party formed an un-holy alliance with the evangelical right wing.  They hit that tar baby right square in the fat mouth of devil worship.  Or is it the other way around – The Evangelicals signed a deal the the Republican Devil?  Unlike Faust, neither will survive the deal with the […]

7Feb2008 | | 1 comment | Continued
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Countrywide and Bank of America

Son, Good news and bad news.  Countrywide is a mortgage lender that has gotten into trouble with greedy lending practices.  The economy caught up with them.  Now the Bank of America is reportedly buying Countrywide for a ba-zillion dollars.  That sound like good news – like maybe the mortgage lending fiasco may be coming to […]

11Jan2008 | | Comments Off on Countrywide and Bank of America | Continued