Annual October Market Correction
Comments
-
You said the repeal of Glass-Stegal was one of the causes for the housing meltdown liar.
-
And you agreed when you said that changes to the community reinvestment act was a cause as well. HTHSFGbob said:You said the repeal of Glass-Stegal was one of the causes for the housing meltdown liar.
-
Shortbus SpecialSFGbob said:
Glass-Steagal allowed the banks to get bigger. It didn't create the secondary mortgage market and the relaxing of lending standards or the rating agency fraud. If you really want to look at one item to blame the 2008 financial meltdown on blame Fannie and Freddie. Without their creation you would have never of had climate that existed that led to mortgage meltdown. -
500 - 1000 point down DOW days are the best days to load up. Wish it would happen more often.
-
When every post you write is constantly “mis-interpreted” by every reader it may not be the reader with the issues, know what I mean?2001400ex said:
Did I say rates "were the cause". Fucking seriously. You are the dumbest motherfucker here.SFGbob said:
I thought you told us it was the repeal of Glass-Stegal that caused the housing meltdown.2001400ex said:
Little known fact about the 2008 recession. The quick raising of rates in 2006 was the catalyst to the recession. It was the spark on top of the dry wood stack. That's part of the reason the fed was gun shy about rates the last 10 years and raised them very slowly.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets.
BTW I also never said glass steagal was the cause either. For starters that bill was in the 1930s.....
You seriously need to go to a school "reading comprehension for dumbfucks". -
And you claim I have problems with reading comprehension? I never agreed with that and I never said that.2001400ex said:
And you agreed when you said that changes to the community reinvestment act was a cause as well. HTHSFGbob said:You said the repeal of Glass-Stegal was one of the causes for the housing meltdown liar.
-
Exactly, at some point maybe it's not the reader that has the problem.sarktastic said:
When every post you write is constantly “mis-interpreted” by every reader it may not be the reader with the issues, know what I mean?2001400ex said:
Did I say rates "were the cause". Fucking seriously. You are the dumbest motherfucker here.SFGbob said:
I thought you told us it was the repeal of Glass-Stegal that caused the housing meltdown.2001400ex said:
Little known fact about the 2008 recession. The quick raising of rates in 2006 was the catalyst to the recession. It was the spark on top of the dry wood stack. That's part of the reason the fed was gun shy about rates the last 10 years and raised them very slowly.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets.
BTW I also never said glass steagal was the cause either. For starters that bill was in the 1930s.....
You seriously need to go to a school "reading comprehension for dumbfucks". -
You misinterpret more than just me around here. HTHSFGbob said:
Exactly, at some point maybe it's not the reader that has the problem.sarktastic said:
When every post you write is constantly “mis-interpreted” by every reader it may not be the reader with the issues, know what I mean?2001400ex said:
Did I say rates "were the cause". Fucking seriously. You are the dumbest motherfucker here.SFGbob said:
I thought you told us it was the repeal of Glass-Stegal that caused the housing meltdown.2001400ex said:
Little known fact about the 2008 recession. The quick raising of rates in 2006 was the catalyst to the recession. It was the spark on top of the dry wood stack. That's part of the reason the fed was gun shy about rates the last 10 years and raised them very slowly.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets.
BTW I also never said glass steagal was the cause either. For starters that bill was in the 1930s.....
You seriously need to go to a school "reading comprehension for dumbfucks". -
I enjoy watching n00bs and old fucks cry over unrealized losses. Another recession would be great. Can’t wait for the next big boomer panic sell off.oregonblitzkrieg said:500 - 1000 point down DOW days are the best days to load up. Wish it would happen more often.
-
Honk Honk. Time to go to school.SFGbob said:And banks would have never made those loans if the Government hadn't created the secondary mortgage market with the creation of Fannie and Freddie. Wall Street definitely exacerbated the problem but the problem would have never gotten as large as it did without the creation of Fannie and Freddie.
