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Thursday, October 2, 2008

Who Is At Fault For 2008 Sub-Prime Credit Crisis














As Leaders of the Consumers Revolution, DEBT WARRIORS encounter massive opposition and drama from those whom don't know any better.


Shortly before listening to President Bill Clinton speak for Barack Obama Yesterday, I engaged a group of about 20 bold Students at the University of Central Florida. They were in support for John McCain and Sarah Palin.

They responded to me by showing off their T-Shirts!
Honestly, I thought the shirt was very creative. Watch the video to see what I mean :)


Sarah Palin's Kids Just don't understand

As at least 10,000 heated co-eds stood arguing under the the HOT Sun waiting for President Bill Clinton to speak on behalf of Barack Obama. But the topic of the American Economy was the hottest thing under the Orlando, FL Sun.

I told the Students for McCain-Palin, that Creditors are AT FAULT for the following:

  • De-regulation of Credit Markets
  • Predatory Lending
  • Abusive and unethical lending practices
  • Lack of Legal Oversight
  • Deceptive Advertising
  • Banks 'Selling Money' as Credit to college kids
Glen asked me, "Who is at fault for the Sub-Prime Credit Crisis of 2008?"

We get that question alot from American Citizens that understandably are confused about who is "at fault" for the Sub-Prime Credit Crisis of 2008. I met a bunch of confused students yesterday at UCF.

Jenny she liked my DEBT WARRIORS T-Shirt then asked me, "but what about dead-beats who borrow money but don't pay it back?"

I responded, you mean AIG and big Banks? Yeah those dead-beats get the Taxpayer to bail them out. I asked her did she know that she'd be paying about $4,000 to $10,000 in extra taxes for the Stock Market Bailout? Of course she looked at me like a baby Moose caught in the headlights...LMAO!

Honestly, The people At Fault For The 2008 Sub-Prime Crisis Are:
  1. Those who still believe that Big Business is on the side of the Consumer
  2. Big Businesses that take advantage of the Consumer every day
  3. Spineless Politicians who take the money and run
  4. Many Mainstream Media [ MSM ] Sources that fail to reveal the truth
  5. The Federal Reserve Board
  6. Bogus Mortgage Brokers
  7. Dirty Debt Collectors
  8. Crooked Insurance Companies
[All last names in this report are withheld to protect the ignorant]

I told Jenny thanks for the compliment and told her that at least Big Businesses are ALLOWED to file Bankruptcy. But for the average American, Bankruptcy is almost impossible. To Jenny's credit, she tried to understand what I was saying.
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