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thunderlips11

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Registered Aug 12, 2009

Grand Marshal of the Pat.net Stronk Army

thunderlips11's most recent comments:

  • On Mon, 27 Jul 2015, 6:44pm PDT in The politicians who almost destroyed the American economy, thunderlips11 said:

    tovarichpeter says

    Some people look at subprime lending and see evil. I look at subprime lending and I see the American dream in action. My mother lived it as a result of a finance company making a mortgage loan that a bank would not make.

    All the bribes and speaker fees and lucrative board memberships Gramm has, and he couldn't buy his mom a house?

  • On Mon, 27 Jul 2015, 6:38pm PDT in The great "fall" of China, thunderlips11 said:

    From the Article:

    Late last year China decided to stimulate the stock market by removing regulations that especially hindered foreign investment capital to participate in the China stock markets. This produced a giant speculative rally, which got the naïve investors, including companies speculating with their operating capital and banks loans, into stocks. Even condominiums are used as collateral for stock loans.

    You mean the guys that created the Housing Crisis, the Commodity Boom and Bust, and the Dot Coms dumped money in China, and the stock market skyrocketed in a short time and it wasn't sustainable and came crashing right down?

    Color me shocked.

    Anyway, guys I respect like Jim Chanos and others have been calling for a big bust since 2008. Eventually, there had to be a correction, even if last year's flood of foreign investor cash didn't happen.

  • On Mon, 27 Jul 2015, 2:57pm PDT in Just used UBER ride share for the first time, thunderlips11 said:

    Self-driving cars, soon to join VR Glasses and Geometric Dome Housing. A decade from now people will be like "Self-Driving Cars, hahahaha, that was so teens. C'mon Elroy, let's take the flying car to work".

    1956 view of 1976.

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