“It’s proven by the fact that you have millions of people who are in foreclosure who never should have been in foreclosure. This just didn’t happen because there were a lot of irresponsible people. Think about it. This is unprecedented, that this many people, all of a sudden, would be in foreclosure. What went wrong?” she asked Mark Haines. “I’ll tell you what went wrong. These exotic products that were put on the market tricked people into mortgages they could not afford. They had mortgages that reset that they never anticipated would reset, where the interest rates were double, where their mortgage payments were double. They never anticipated that. They didn’t know what they were getting into. This is not just some irresponsible homeowner. This is massive fraud…On a macro level, policy for the whole country, I still don’t understand how you get around the moral hazard without just simply saying all of the contracts that are out there are not worth the paper they’re printed on.”
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
What we need is a national moratorium on women having crack babies.
Is a lap dance considered an exotic product because it tricked me too.
What we need is a national moratorium on women on crack in Congress.
“These exotic products that tricked people” – I agree! For example, Rocky Mountain Oysters. Who knew?
Maxine Waters is short mortgages and long on wigs
Erin: “Ok, i thought I put it in the front door.”
MW: “That was the back door.”
i watched this and while slightly amusing, i felt dumber for the experience
Obama didn’t pay for yo’ mortgage, but Maxine will
For me, it was the dancer who said she was from the Ukraine, but then admitted she lived in Queens and was Puerto Rican. Unbelievable.
Yeah. Maxine back and talking shite. I love her. I think she s/be Quant Man’s side kick. Working name “MaxyMoron”….she has a DE Shaw level IQ but cleverly disguises herself as a bumbling politician which gives her access to the halls of power and state secrets which she and Quant Man use to do good…or do they?
Who is playing Maxine in “2B2F?”
Mo’Nique?
irresponsible homeowner = one who signs a mortgage that he/she doesn’t understand.
adjustable rate? does that mean rates can adjust lower and HIGHER? who woulda thunk?
pay option? you mean I can buy a $2mm house and choose to only pay a portion of my p and i? schwing-schwing like stealing candy from a bebe.
pay your bills dead-beats.
Maxine, Foreclosures are the government’s way of getting the unemployment rate down. Don’t fight it.
http://www.slate.com/id/1002941/
“How Homeownership Increases Unemployment”
Martin Lawrence.
Motives, dude. Motives.
how does that take care of Mrs. Waters?
I want to live in Maxine’s world — its excellent. We can force write-downs, and no one loses, because “the houses are already worth less than the original mortgage amount.”
And you wonder why there is a Tea Party.
It will almost be sad to see her lose that Chairmanship in November. Long live the welfare program we call Congress..
Why are single mothers always so loud and ill informed?
Tyler Perry
I provide crisis management and speech writing services. maxine, call me.
-j jackson
2 black 2 fail?
Who knew …
i’m so proud to be an American watching democracy in action
Maxine Waters is proof that a democracy is not necessarily the best form of government. Too stupid to understand your mortgage, lose your right to vote. Don’t pay taxes, lose your right to vote. Help elect someone like Waters, lose your right to vote.
I had no idea that Wanda from In Living Color knew so much about mortgages, foreclosures and ARMS. Very impressive.
rabble rabble rabble!
Anyone want to go halfsies on a place in Canada?
queen latifah is currently covering her on 30 Rock
2S2U
I hope you are at least sending out a few resumes in between Dealbreaker comment reading.
-Bernard Guerrero’s Unemployment Counselor
Dey took er jerbs
What you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
I knew. That’s why I ordered them.
I thought the football stadium in Seattle was called the “Moratorium”.
-Tony R
Dallas, TX
Ugh, the Tea Party is fighting ignorance with even more ignorance. I’m moving to Canada. Fuck this.
Sure… just not in Quebec… dirty frog descendent’s…
I think when Maxine Speaks it’s, “Democrazy”
2big2fail: tokyo grift?
Good for you! Yes! YES!!!!!! Tea Party!!!! It’s time for a “spell” against that woman!!! get your battery powered wand and follow these instructions:
Since the earliest spell bottles were created for protection, it seems fitting to begin with one made for this purpose. Ideally, such a bottle will be walled up in a new home under construction, or placed under the floorboards. If this is impossible, simply place it in a position of importance somewhere in the home.
Items needed:
1 glass jar with cork stopper or lid (a small canning jar is fine)
1/2 to 1 cup salt (depending on size of the jar)
3 cloves garlic
9 bay leaves
7 TBS dried basil
4 TBS dill seeds
1 TBS sage
1 TBS anise
1 TBS black pepper
1 TBS fennel
1 bowl
In the morning, ideally on a bright and sunny day, assemble all items.
Place the salt into the bowl and say:
Salt that protects, protect my home and all within it.
Add the cloves of garlic to the bowl and say:
Garlic that protects, protect my home and all within it.
Crumble the bay leaves, place in the bowl and say:
Bay that protects, protect my home and all within it.
Add the basil and say:
Basil that protects, protect my home and all within it.
Add dill and say:
Dill that protects, protect my home and all within it.
Add the sage and say:
Sage that protects, protect my home and all within it.
Add the anise and say:
Anise that protects, protect my home and all within it.
Add the pepper and say:
Pepper that protects, protect my home and all within it.
Add the fennel and say:
Fennel that protects, protect my home and all within it.
Mix together the herbs and the salt with your hands. Through the movement of your hands and fingers, lend energy to the potent protective items. Visualize your home as a shining, safe, guarded, secure place of sanctuary. Pour the mixture into the jar. Seal tightly and place in your home with the following words:
Salt and herbs, nine times nine
Guard now this home of mine.
It is done.
-Christine O’Donnell
Technically, we live in a “representative democracy”, otherwise known as a “Republic.”
We need some TERM LIMITS (ala Vince Flynn) for crack whore congresswomen like this clown. Who’s with me?
Too soon.
Well there’s been a ton of impairment on the late-vintage subprime paper, so the losses were taken upfront. Depending on what you’re carrying them at in your book, principal forgiveness/shared equity scheme wouldn’t hit your income (since that has happened already)
Golf clap.
I have no idea what you’re talking about.
-Ken Lewis
Public executions. Bring them back.
I hope she comes out with a sex tape soon.
… that can spell descendant.
The comment is funny, but the mental image it created scarred by brain and is preventing me from clicking “like”.
Every time Maxi opens her mouth, it is a disaster.
touche sir.
M.W. don’t care about white people.
What we need is a moratorium on electing dunbass, crooked Aframs like Waters, Brown, Burris, Cummings, Rangel, et al to congress.
maxine, what did the five fingers say to the face?
http://www.youtube.com/watch?v=kdyqgy3II2Y&feature=related
Yeah, “dunabass, crooked ..et al to Congress”, I’d say whitey and becky have that on lock. Quick time real genius, in the history of the republic how many “aframs” have been sitting senators????
Yeah, thought so. Please SHUT THE FUCK UP.
footinGUESTass
also debtor’s prison and gladiatorial combat… you think prisons would remain overcrowded if we turned that shit into a PPV last man standing wins emancipation blood bath?
I ream that whole thing looking for the laugh. But it never came. The joke never came.
Maxine is on the money! We were tricked too! How could we have known that we should have stressed the default rates by another percentage point or two???! The banks tricked us with their exotic products.
- Managing Director, Structured Finance, Standard and Moody’s Rating Service
She didn’t even tell me her real name….
Term limits my ass.
-The “My Ass” Guy
when the title of your fucking loan is ‘Adjustable Rate Mortgage’ -i can see how that could be tricky.
-Libor
Her beauty is on the inside.
Well somebody better flip her ugly ass inside out.
I see what you did there…
This has been brought up many times and while I applaud prison and pundit death matches in a gladiatorial-like arena setting (which could bring valuable revenue to state and county treasuries and possibly robust the educational reform) there is a small issue. It seems buried within the amendments is a small clause which states, “no cruel or unusual punishment shall be allowed”.
Now, I’m one to bend rules and sometimes lobby to change said inconvenient rules but to do so would be a grand undertaking. That’s why I propose instead we ship them to a deserted island where we can be sui juris from the clasps of international law and human rights. There we can construct various death-like obstacles such as hidden spike pits, flamethrowers which protrude from water fountains, and hidden bonus chainsaws in baby cribs.
See, once we see Glenn Beck get a hammer to the eye socket -0 spurting blood and brain fragments out of the ear canal from Elliot Spitzer I’m sure we will see the benefits of said new death match legislation. And of course when we see Maxine Waters get get 24 nails to her rib cage from a hidden nail gun Raj Rajaratnam found under a series of wooden steps – we of course will see the benefits of said death match legislation.
Wow, what a terribly unfunny comment, in fact it was painful but allow me to retort with the Democratic “spell”
Items:
Large amounts of confiscated income
Additional printed dollars
Allegations of racism
Liberal doses of reverse racism
Feel-good economic policies
Class warfare
Obfuscation
Green-Jobs
Identity politics
Demagoguery
Mix all the ingredients together for an unknown period of time chanting “something for nothing” over and over again and voila you have “wealth” for everyone. If the “wealth” does not materialize immediately then just add more of all the above ingredients (try varying the ratios from time-to-time). Warning: the mixture can become volatile.
Did You Know: If people on welfare had half as many babies we would spend half as much on aid for children in need?
From Wikipedia (I think I’m in love):
On July 29, 1994 Waters was challenged for making inappropriate remarks during a one-minute speech. She then ignored the Chair’s request to suspend speaking until the point of order was settled. Rep. Robert Walker (R-PA) rose and called out “get the Mace,” to restore order. The Chair kept pounding the gavel and finally stated, “the Chair is about to direct the Sgt-at-Arms to present the Mace!” Waters then suspended, and the Chair was able to rule on the point of order without having to resort to the Mace.
You missed the point where the original poster was heckling said woman because she is completely nuts, not because of her political beliefs.
You, however….
You missed the point by stating that I missed the point. I was drawing the comparison that believing income confiscation etc will somehow lead to everyone being better off is just as nuts and much more dangerous because certain groups believe it will work.
“people were tricked into liar loans!”
uh, come again, Maxine? who is your cfo? are you the cfo of goldman? who exactly was tricked into lying about themselves?
Rep Walker was then asked to present a paper in which he conducted a thorough examination of his motives.
Maxine Waters is someone who tries to sound smarter than she is. I’m not the biggest Ann Coulter fan, but she nailed it in 2006 when she said, “Without affirmative action, Rep. Waters couldn’t get a job “that didn’t involve wearing a paper hat”
So let me get this straight.
In one hand, I have the Democrats.
In the other, I have a pagan witchcraft dabbler who lies on her resume, can’t pay her taxes, and thinks masturbation is an affront to God.
And you ACTUALLY think that the witch is LESS nuts than the Democratic Party?
God help us all.
So let me get this straight.
In one hand, I have the Democrats.
In the other, I have a pagan witchcraft dabbler who lies on her resume, can’t pay her taxes, and thinks masturbation is an affront to God.
And you ACTUALLY think that the witch is LESS nuts than the Democratic Party?
God help us all.
No longer funny. You fail.
No longer funny. You fail.
http://backinanncoultersasssaddleagain.blogspot.com/
We tried this once. It was called Jim Crow.
four words: ultra-late-term abortion
She be so dum’ dat even Berlusconi wudn’t hid id.
5 Stars!!
Where the representatives are called Lobbyists? Representative Democracy my ass.
Precious
Oh definitely. Especially since she was born in 1938, which would mean that right around the time of her 20′s, her options were probably limited by a certain amount of racism and Jim Crow. I hear that four years before she turned 20, they just started letting darkies and blondies go to school together. Fancy that. Ann Coulter must be a genius. Maxine Waters is 72. That’s a fair fight.
‘Which end is that?’
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