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The Chillout Room
The bush administration does it again....
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<blockquote data-quote="Myk" data-source="post: 692113" data-attributes="member: 39"><p>I was sat watching the news last night and on comes Bush saying that there is no cause for alarm for American home owners struggling to pay their increasing mortgages. They have formulated a plan to RE-FINANCE people who can no longer pay for their homes due to inflation.</p><p></p><p>So let me get his straight, they (the government) have caused a massive increase in inflation then rather than trying to correct it through the federal reserve, they actually offer to take on peoples mortgages, increasing the terms of interest (rates), spreading the debt over more years and thus decreasing the monthly out goings. So in other words they have managed to grab hundreds of thousands of mortgages from several hundred semi-independent banks (strengthening their own enterprises while weakening the competition) and take them into their own central banking system. Basically grabbing hundreds of thousand citizens by the balls and making BILLIONS in the process.</p><p></p><p>Absolutely fuckin amazing. How the hell do they still get votes ? What is their secret ? America what are you all doing, allowing this shit to continue ?</p><p></p><p>-Myk-</p><p></p><p><a href="http://www.youtube.com/watch?v=ntQfkc7DRsY">YouTube - 4th Branch - Immortal Technique - Failla</a></p><p><a href="http://www.youtube.com/watch?v=3u3JSEqNtlg">YouTube - Immortal Technique Cause Of Death Lyrics</a></p></blockquote><p></p>
[QUOTE="Myk, post: 692113, member: 39"] I was sat watching the news last night and on comes Bush saying that there is no cause for alarm for American home owners struggling to pay their increasing mortgages. They have formulated a plan to RE-FINANCE people who can no longer pay for their homes due to inflation. So let me get his straight, they (the government) have caused a massive increase in inflation then rather than trying to correct it through the federal reserve, they actually offer to take on peoples mortgages, increasing the terms of interest (rates), spreading the debt over more years and thus decreasing the monthly out goings. So in other words they have managed to grab hundreds of thousands of mortgages from several hundred semi-independent banks (strengthening their own enterprises while weakening the competition) and take them into their own central banking system. Basically grabbing hundreds of thousand citizens by the balls and making BILLIONS in the process. Absolutely fuckin amazing. How the hell do they still get votes ? What is their secret ? America what are you all doing, allowing this shit to continue ? -Myk- [url=http://www.youtube.com/watch?v=ntQfkc7DRsY]YouTube - 4th Branch - Immortal Technique - Failla[/url] [url=http://www.youtube.com/watch?v=3u3JSEqNtlg]YouTube - Immortal Technique Cause Of Death Lyrics[/url] [/QUOTE]
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The Chillout Room
The bush administration does it again....
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