Talk of The Villages Florida - View Single Post - Alinsky
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Old 05-26-2009, 12:05 PM
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Quote:
Originally Posted by Bucco View Post
THEN,,,,


Read about their involvement in the mortgage crisis and the pressure they put on banks, etc to make those wonderful loans !

THEN...


Read about their relationship with congress and Barney Franks latest efforts to open the doors for money !

THEN...

Read about the banks who give them money; banks that we bailed out !
Look...the financial crisis was NOT caused by ACORN pressuring banks to give poor people loans. That is simply untrue. In large part it was due to greed and the deregulation of the banking industry. I just read an article about the 3rd wave of foreclosures, these are not subprime but brought on by layoffs.

Explain to me why it is ok for Wall Street to get their bonuses, by contract, but the UAW has to totally modify their contracts and give back pay and benefits. Why is it my company when my pay is tied to the company performance we didn't get raises this year but the managers got their bonus?

Let have a discussion about real issues.