FDIC's Sheila Bair is on CNBC Right Now

DriftingByTheStormDriftingByTheStorm Posts: 8,684
edited March 2009 in A Moving Train
This is epis shit.
Epic bullshit.

People should listen to this lying stooge and take note.
If I was to smile and I held out my hand
If I opened it now would you not understand?
Post edited by Unknown User on

Comments

  • Kramer to Sheila: "People aren't smart enough, you're smarter than the people."

    Ahem.
    Elite much?

    He says,
    as she fails to even answer the question she was asked.

    Why can't the government just focus on getting interest rates down?

    I mean, hell, everything else is rigged and manipulated to their best efforts (not always sufficient).
    Why not move rates down on the "open market" so that the common man can refinance at an "affordable" rate?

    Why?
    Well ... if you could answer that question,
    then you would understand why she is sitting cush in her "little" house with her "conservative morgage",
    and the common man is taking it in the pooper.

    It's not ment for you.
    YOU aren't smart enough.
    SHE is smarter than you.
    The system is meant for HER,
    because it was made by THEM.

    Because you aren't smart enough.
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • Good to know:

    The terms of eligibility for getting this mortgage reduction
    ARE MORE COMPLICATED THAN THE MORTGAGE TERMS!

    I can't even keep all this shit straight.
    If your mortgage costs more than your principle, interest, taxes and insurance
    and is more than 30% of your current income,
    you MAY qualify
    and, oh yeah, your house has to also be something or other,
    blabbity blah blah...

    Yeah.
    Thanks Sheila.

    Go fuck yourself and get bent in the hot tub with Ben Bernanke, Hank Paulson, and Tim Geithner.
    You stupid, arrogant, criminal fraud fucks.
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • This has to be the happiest fucking depression EVER!

    WTF?

    Every question, every answer, every canned witty remark, every vaccuous and glib comment
    seems to garner frivolous applause and laughter.

    It's like fucking Gay Pari'.

    Oh its so happy we're fucked.
    So fucking happy.
    Woo hoo!
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • THE BANKS DO NOT HAVE YOUR MONEY!
    My roommate for some reason just inquired about reserve requirements at the bank.
    i looked it up over at FederalReserve.Gov

    and nearly shit my pants.

    FOR ANY ACCOUNT UNDER 10.3 MILLION DOLLARS, THERE IS NOT ONE PENNY IN HOUSE TO RETURN TO YOU. Of course, if you all try to GET your money, the FDIC will end up going broke, and borrowing YOUR TAX MONEY to pay you, but the banks are 100% insolvent right now. Its SCARY.


    Net transaction accounts | PERCENTAGE RESERVE REQUIREMENT | EFFECTIVE DATE
    $0 to $10.3 million | 0% | 1-01-09
    More than $10.3 million to $44.4 million | 3 % | 1-01-09
    More than $44.4 million | 10 % | 1-01-09

    Nonpersonal time deposits | 0 % |12-27-90

    Eurocurrency liabilities | 0% | 12-27-90
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
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