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Jesse Jackson Proposes Creation of a New Lender

Discussion in 'Political Issues' started by G17Jake, Jan 31, 2013.

  1. G17Jake

    G17Jake

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    Last edited: Jan 31, 2013
  2. janice6

    janice6 Silver Member

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    Sure. Give the pension money to people that will default and not pay it back. Good for the "community" not so much for the pension fund.

    Guess it depends on which "community" you are in. This is far less risky than mortgages people cannot afford.
     


  3. aircarver

    aircarver Ride Continues Silver Member

    When you screw lenders, they cease lending ... :upeyes:

    .
     
  4. SPIN2010

    SPIN2010 Searching ...

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    On the move ... again!
    I wonder which group he has in mind to lend to? :dunno:

    BTW, reverend means terrible and it is a great application for JJ.
     
  5. kostnerave

    kostnerave

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    JJ is a real piece of work and people still buy his BS. Sure glad he does not speak for me.:rofl:
     
  6. janice6

    janice6 Silver Member

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    Guess who will have to pony up the funds to recover from this if it goes through.
     
  7. Gunnut 45/454

    Gunnut 45/454

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    Yep I agree any black that has a pension fund should donate! That would be all those Government union employee's! They need to give back to there community. There you go Jesse problem solved!:rofl:
     
    Last edited: Feb 1, 2013
  8. G17Jake

    G17Jake

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  9. aircarver

    aircarver Ride Continues Silver Member

    Would that be 'the usual suspects' ? ... :frown:

    .
     
  10. CranialCrusader

    CranialCrusader

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    That is not how modern lending works (at least for housing and education). The lender will make the loan, but it gets sold to Fannie, Freddy, Sallie, or the Federal Reserve. All of the profit for the originating institution, and none of the risk.

    If you look at it that way, it's a great idea.

    CranialCrusader
     
    Last edited: Feb 1, 2013
  11. jeanderson

    jeanderson Toga!... Toga! Platinum Member

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    I wonder whose pension fund he want to borrow from.
     
  12. aircarver

    aircarver Ride Continues Silver Member

    Anyone who still has money left ... :upeyes:

    .
     
  13. HarlDane

    HarlDane

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    Because loaning money to people who had no means to repay it has worked so well for us in the past. :brickwall:
     
  14. Skyhook

    Skyhook

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    Well, he and Obama share certain characteristics which make both experts on economic and other issues.


    It's a fashion thing..
     
  15. pugman

    pugman

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    Didn't Jimmy Hoffa get whacked for something similiar to this?
     
  16. janice6

    janice6 Silver Member

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    Let's call the lending institution "PATSY".

    We can work on what the acronym stands for later. I'm sure it has possibilities.
     
  17. czsmithGT

    czsmithGT

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    The difference between the mafia and Federal government is that one had a code of honor and made sure their operations ran smootly and the other was elected to office or appointed by those electees.
     
  18. aircarver

    aircarver Ride Continues Silver Member

    .... But it worked great for them, and they are a bigger voting group now ... :upeyes:

    .
     
  19. W420Hunter

    W420Hunter

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    If I did not know who was saying it I would swear it was a joke.
     
  20. plainsman

    plainsman

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    No Income No Job! Repayment is available when hell freezes over, or when recipient wins two successive lotteries. The first being spent on crack and ho's.

    I guess this kind of loan makes alot of sense, meanwhile banks try to take credit away from successful firearms businesses!


    You go Jessie!!!!!!