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Bankers Say Government Backing of Mortgages Essential
A Semi-News/Semi-Satire from AzConservative ^ | 21 August 2010 | John Semmens

Posted on 08/23/2010 4:32:38 PM PDT by John Semmens

High ranking members of the banking industry met with the Obama Administration to urge it to “keep the spigots flowing” by continuing to pour federal money into financial markets.

“Access to the federal treasury is crucial,” said a spokesman for the industry insisting on anonymity. “We’ve got a sh*tload of bad debt on our hands. Without government money our stock value goes in the toilet and we can kiss our million dollar bonuses goodbye. So, I think you can see why we’re highly incentivized to press for continued aid on this issue.”

(Excerpt) Read more at azconserv1.wordpress.com ...


TOPICS: Business/Economy; Government; Humor; Politics
KEYWORDS: banks; bonuses; satire; subsidies

1 posted on 08/23/2010 4:32:40 PM PDT by John Semmens
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To: John Semmens

LOL. “Without government money our stock value goes in the toilet and we can kiss our million dollar bonuses goodbye”

May not be what they said, but it is what they meant!


2 posted on 08/23/2010 4:33:47 PM PDT by dynachrome (Barack Hussein Obama yunikku khinaaziir!)
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To: John Semmens
We’ve got a sh*tload of bad debt on our hands

So the taxpayers should help their ass out? Suffer, you load of idiots. No more bailout. Too bad we have our communists Muslim King Obama because he will continue pour our money after these crooks.

3 posted on 08/23/2010 4:36:32 PM PDT by Logical me
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To: John Semmens

NO!!!


4 posted on 08/23/2010 4:41:10 PM PDT by winkadink (During times of universal deceit, telling the truth becomes a revolutionary act. George Orwell)
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To: John Semmens

No way!The dirty bankers get money for nothing and now they want to be bailed out when they had NOTHING to begin with!NO WAY!


5 posted on 08/23/2010 4:42:55 PM PDT by taxtruth (Something really stinks In The Federal Government/Mafia and I think it's BO!)
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To: Logical me

KEYWORDS: banks; bonuses; satire; subsidies


6 posted on 08/23/2010 4:44:58 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire..)
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To: John Semmens

High ranking dirtbags that should be hung for all to see!


7 posted on 08/23/2010 4:46:22 PM PDT by taxtruth (Something really stinks In The Federal Government/Mafia and I think it's BO!)
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To: John Semmens
The founders warned about these evil dirtbags and what they want is access to public money to bail themselves out when they made bad loans to people when in fact they never had a dime to lend.This subject should burn up every American.
8 posted on 08/23/2010 4:55:09 PM PDT by taxtruth (Something really stinks In The Federal Government/Mafia and I think it's BO!)
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