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Mortgage crisis = payback for OPEC

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  #1  
Old 03-05-2008 | 04:07 PM
r3dn3ck's Avatar
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Wowbagger hates me too!
Joined: Nov 2005
Posts: 9,865
From: Magrathea/California
Default Mortgage crisis = payback for OPEC

http://www.arabianbusiness.com/51268...e-crisis?ln=en

In short, since arab banks are now such heavy stakeholders on the world financial markets they've found themselves taking substantial losses in the wake of every asstard and his brother defaulting on their mortgage.

The net effect of this if you look at it very simply is that all that money we've all been pouring into our gas tanks has been re-invested by the OPEC'ers (pun intended) into our own shitty economy and has purchased countless houses and plasma tv's and SUV's for millions of Americans. We should have signs on the doors of the banks that read (in arabic) "Please wait in line. By Allah everyone will have a chance to be gouged. Yours, USA. PS... We told you not to **** with us."
 
  #2  
Old 03-05-2008 | 04:30 PM
stanger00's Avatar
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Joined: Nov 2004
Posts: 3,842
From: Pinole, Ca
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hmmm i wonder how they are going to get their money back
 
  #3  
Old 03-10-2008 | 09:36 PM
Nofire's Avatar
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Joined: Dec 2004
Posts: 755
From: University of Oklahoma
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Seen the price of oil lately? That's how. And it'll probably get worse.
 
  #4  
Old 03-10-2008 | 09:50 PM
JackThe Ripper's Avatar
Ketchum & Killem
Joined: Sep 2007
Posts: 12,065
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You read ArabianBusiness.com?

lol
 
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