also, i know a bloke that brought a house once and hes not gonna fully pay that bill for like 30 years or something.
talk about stretching the friendship, wont somebody think of the big banks...........
also, i know a bloke that brought a house once and hes not gonna fully pay that bill for like 30 years or something.
talk about stretching the friendship, wont somebody think of the big banks...........
Mortgages operate through securitisation - it's not a case of the banks simply loaning from their deposit base.
In fact it's the complete opposite - loans create deposits. Banks simply make loans based on a persons ability to pay / service them - then they find the money through securitisation methods.
The securitisation is when an asset is converted into a marketable security.
THese marketable securities have a life span often of 30 years.
Other methods like transfer pricing [a legal form of tax avoidance] and forward exchange contracts to reduce risk where goods are purchased and sold in foreign currencies are also a reason why larger firms / corporations tend to operate lengthy payment terms.
Last edited by The Dunster; 19-12-2019 at 09:50 AM.
Impeachment vote today. McConnell has already said that he refuses to be impartial, which is technically a criminal offence since he takes an oath to do that very thing, but there's really little chance of any Republicans being brave enough to break ranks anyway.
Good ol democracy, where the jury gets to ask the defendant how they should vote. Lol.
it will be interesting to see how the Dems vote as well.
wonder if any are willing to break ranks in order to cover their asses in the election. polls* havent been favourable to a few. principle v self preservation. human nature generally has a big problem with that one.
*obvs not that they are any indicator these days.
Impeachment is still at well over 50% public approval, no impeachment is around *45%.
But i've only read of 1 Dem saying he won't impeach, he then said he would defect to the Republicans... and then his staff quit, lol. (https://news.yahoo.com/trump-praises...134305542.html). Best part is now he got new numbers saying he will probably lose the next election if he changes teams so wants to stay Democrat, and they don't want him. Well played sir.
The democrats have demonstrated that they are not afraid to use up scarce real resources in pursuit of their own personal agendas.
If only they made this much effort trying to solve issues like unemployment, education, and health care.
When America goes to the polls people will once again see the democrats for what they are rich khunts pretending they have a social conscience - when nothing could be further from the truth.
All this time and effort pursuing Trump when they have no chance of getting enough votes to remove him from office shows just how out of touch the democrats are with what the people want or need from those supposedly representing them.
What's the point ?
Oh the hypocrisy of the Democrats. You have an election around the corner why not let the people decide Trumps fate like they did Hillary's.
hey man history will show he was only the 3rd Pres to cop the charge. he can never escape that 'honour'.
i think the Republicans have played the victimhood pretty well though.
can only think that if the Dems are successful in the 2020 election, this tactic will be fair game for everyone in the future.(which aint a good thing).
one thing is sure, they are gonna need one hell of a salesperson to push this case in the general election because Trump gonna be coming in hot.
also, Republicans already seeking revenge by dragging everyone in whos name popped up in the hearings. just ugly all round.
Gotta admire the balls on the Iranians
That takes some balls
But not are they gonna cop a flogging for it
Iran aren't scared of the USA on home soil.
Until Saddam Hussein helped them the US haven't really managed to put up much resistance against the Iranians.
The 1979 Iran Hostage crisis saw the US cop a flogging.
Then in 1988 the US shot down a passenger jet killing 292 civilians - 66 of whom were children. Their excuse was they mistakenly identified an A300 Airbus for a fighter plane.
This situation will be no different. The US will either cop a flogging or they will be held responsible / questioned about taking measures equally as disturbing as the enemy they are trying to defeat.
This type of conflict is pretty much unwinnable for the USA - and Iran knows this.