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Defaulting banks - where will it stop?
Dawn Meredith Wrote:[quote=Jan Klimkowski]
Quote:Nationwide offers 125% mortgage

The Nationwide Building Society has introduced a mortgage allowing borrowers to take loans worth 125% of the value of the home they are buying.

What's the date on this article?

2006? 2007?

Uh - it's July 9, 2009.



WTF??? This is one of the things that started this mess we are in. I am convinced that our government is not just stupid but insane.

(Or worse: they want the country to go under and all of us starve to death).
Ever since hearing about the California IOU's I have been on pins and needles as when the welfare checks do not arrive there will be blood in the streets. Literally.

Dawn

Next time you send in your taxes to the USG [if you do at all], send an IOU! Next time you take a 125% loan on your depreciating home, have a brainscan for tumors. As for the blood in the streets, it is more-or-less in many client and tampered-with countries and LONG in our innner-cities and in poor and non-white communities...why not spread it around to suburbia and urbia...even to the beltway...and halls of Congress et al....[i.e. spread the 'good fortune' evenly]
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
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Messages In This Thread
Defaulting banks - where will it stop? - by Terry Mauro - 12-10-2008, 11:14 PM
Defaulting banks - where will it stop? - by Terry Mauro - 15-10-2008, 06:20 PM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:01 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:26 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 07:36 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 15-11-2008, 09:02 PM
Defaulting banks - where will it stop? - by Myra Bronstein - 18-11-2008, 01:11 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 18-11-2008, 05:03 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 26-11-2008, 04:33 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 26-11-2008, 04:37 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 07-12-2008, 05:18 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 08-12-2008, 04:20 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 13-12-2008, 06:44 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 18-01-2009, 10:21 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 23-02-2009, 02:34 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 23-02-2009, 04:14 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-02-2009, 04:24 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-02-2009, 09:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 03-03-2009, 11:16 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 04-03-2009, 01:34 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 05-03-2009, 12:35 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-04-2009, 06:01 PM
Defaulting banks - where will it stop? - by Peter Lemkin - 10-07-2009, 01:23 PM
Defaulting banks - where will it stop? - by Mark Stapleton - 24-07-2009, 02:06 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 26-07-2009, 08:54 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 02-09-2009, 03:22 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 10-09-2009, 07:52 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 03-01-2010, 06:42 AM
Defaulting banks - where will it stop? - by Myra Bronstein - 03-01-2010, 07:23 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 19-04-2010, 02:30 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 19-04-2010, 02:54 AM
Defaulting banks - where will it stop? - by Mark Stapleton - 03-05-2010, 03:11 AM

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