16.6.09

What Has Been Going On With The Economy?

Those who know what they were doing gave out loan after loan to those who they knew couldn't afford said loan. But property values were rising. So they got to drain a family, get the house back, sell it at a higher value, drain that family, re-sell. During the drain process, tack on late fees and 'other' fees in the fine print. When the family stops paying the mortgage, tag their credit for fees and penalties for months before the home is foreclosed. Take debt, package it up, and sell and trade it. Base your entire profit and loss statement on loans. Nothing tangible. Just numbers. A number that can be molded and shaped to show whatever you want. With no regulation, nobody will find out.

Give yourself a bonus for showing such great numbers. Take that bonus money, give money to both Republicans and Democrats, buy your way into more and more influence over laws and policy. Buy yourself some more of your companies stock, watch it rise (unnaturally) while all the while hiding from the pending anvil hanging over your company's head.

Realizing the cycle is about to go from positive to negative, sell that stock before the value tanks, take that profit and give yourself another bonus. Go to those Democrats and Republicans and ask for bailout money, get billions in bailout money, give yourself a bonus, give MORE money to Democrats and Republicans, keep yourself out of jail, keep your job.

Don't lend out money. Just collect all the interest and late fees and overdraw fees and 'other' fees outlined in the fine print of a 'change to your contract agreement' insert which took peoples APR from 15% to 30%, keep the people paying for life. Make a profit, give yourself a bonus, buy your company's stock really cheap, watch it grow, make more money, create shady loans to give to people, make more money, buy more stock, give yourself a bigger bonus.

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