I have a feeling that in a few years people are going to be doing what they always do when the economy tanks...

>I have a feeling that in a few years people are going to be doing what they always do when the economy tanks. Blaming immigrants and poor people.

What did he mean by this?

Other urls found in this thread:

uk.reuters.com/article/uk-usa-trump-banks-idUKKBN17X223
twitter.com/SFWRedditGifs

He meant that in times of economic hardship, people try to find a scapegoat. Immigrants are an easy target. But in this case the line makes no sense, because when the economy tanked everyone (correctly) blamed Wall Street.

I forgot: Who couldn't pay their mortgage?

That was the worst fucking line in a film full of them

I visibly and un-ironically cringed

Turned the film off not long after

>Blaming immigrants and poor people.
What? In what fantasy world to liberals live in where Miguel and his taco stand are blamed for the financial crisis?

Being responsible for their own well-being, sure, but I've never heard someone claim that poor people caused banks to cheat.

/thread

Who couldn't pay their mortgage because predatory lenders who knew better took advantage of their ignorance and convinced them that they could afford their mortgage.

EY YO WE DINDU NUFFIN, MATH BE RAYCIS NIGGA WE CAN'T DO NO MATHS DAT SHIT BE RAYCIS

>took advantage of their ignorance and convinced them that they could afford their mortgage.
Whose fault is this? Scorpion and the frog motherfucker. They shouldn't have taken loans they knew they couldn't pay back.

>Jews

Have you never heard people complaining about cheap immigrant labor taking away jobs you mongoloid?

They don't tend to have long term memories lasting more than a year

>Have you never heard people complaining about cheap immigrant labor taking away jobs you mongoloid?
They did in many cases.

>taking away jobs
>the same as causing the 2008 financial crisis
Liberal reading comprehension

You just said "a financial crises", of which there have been many, not specifically the 2008 financial crises.

>conservitards in charge of writing a coherant sentence


And I guerentee that there are people who assert that the loss of jobs due to immigrants had an effect.

>>conservitards in charge of writing a coherant sentence
>coherant
>guerentee

>>>guerentee
lol you didn't even try with that one dude

Well, yeah, because they're the ones who took out the damn loans. I also blame the government for making it possible.

Yeah, but this movie wants to gaslight you.

>thread about a movie about the 2008 financial crisis aka the biggest and most important financial crisis since the Great Depression
>hurr you didn't specify

>In what fantasy world to liberals live in where Miguel and his taco stand are blamed for the financial crisis
There are people doing it in this threat you retard

I've seen plenty of people blaming the government for forcing the banks to offer loans to poor people and immigrants. Both on Sup Forums and irl.

didn't Trump get sued for not renting apartments to people with bad credit in the 70s?

Yeah, this.

People blamed the right person: obummer

>I have a feeling that in a few years people are going to be doing what they always do when the economy tanks. Blaming immigrants and poor people instead of kikes.

whoa there adam mckay

Whats that got to do with the banks selling sub prime mortgages as AAA and coercing the ratings agency to go along with it.

>Alright Tyrone, here's this giant fucking house, you just have to pay small amounts later
>SHEEEEEIT MAN DAS A BIG HOUSE MANE *smacks lips* MY GIRL FINNA GET A LICK ON A HOUSE LIKE THIS MANE
>Alright so just sign here

Uh, obviously it had nothing to do with their bad credit, it was because they were POC. Uh, Racist and Sexist much!?!?!

Read the fine print of your mortgage application.

>this movie wants to gaslight you.
You have no idea what that means do you? You read it in some blog somewhere and inferred incorrectly what it means. Now you're here, on Sup Forums showing your ass.

>triggered

It means that it shines a light on something previously not known, thereby exposing you to something you didn't know existed. Therefore this movie gaslights you.

Man that was a terrible nickname.

A lot of nucomers have adopted words from the SJW vocabulary thinking they had some merit. What's worse, they've been using them incorrectly.

BIG TIIIIIIIIME

I'M ON MY WAY I'M MAKING IT

He meant that the movie would make people hate the Jews, and so they had to say this boilerplate libshit crap in order for Shekelstein to approve the script.

AND MAH HEAVEN WILL BE A BIG HEAVEN! AND I WILL WALK THROUGH THE FRONT DOOR!

Yeah apparently a poor person with shit planning and foresight is more blameworthy than banks with 100% visibility of what they were doing and on what scale.

It's funny because the movie made it very clear that it's immigrants and poor people who defaulted on their mortgages, triggering the collapse.

Cept the republicans in congress all blamed muh fannie and freddie, and didn't do shit to stop wall street.

Then Obama came in an appointed Eric Holder like a bitch.

So you can't answer the question why banks, instead of making slightly less money decided to perpetrate a practice that almost collapsed the world economy.
Either through negligence or malice, jewery, plain and simple, was the root cause.

For christ's sake I learned about interest and loans in like the 4th grade. That and asking my parents a few questions about loans for houses and cars and such literally gave me everything I needed to know about that shit, even credit cards.

Regardless of who you believe to be at fault, how fucking idiotic do you have to be to sign on the dotted line for something a 4th grader could tell you you would never be able to manage?

Modern immigrants are an easy target because they are OBJECTIVELY HARMFUL to the natives.

stupid frogposter

I see a lot of lack of personal responsibility coming from your post.

Many of these people just wanted a house. They knew they couldn't pay it.

>moved in a to new apartment
>renting, not even buying
>real estate agency are the kikest kikes that ever kiked
>oven doesn't even work
It's the agencies' fault, ALWAYS. FUCK EM, I'm going to bring them down all by myself

>how fucking idiotic do you have to be to sign on the dotted line for something a 4th grader could tell you you would never be able to manage?

A lot of people were flipping houses and got stuck when the bubble burst.

>It means that it shines a light on something previously not known
Lol no. Not even close.
Gaslighting someone means an intentional plot to convince someone they are crazy or remembering things wrong.
It's a fucking film reference for christ's sake.

>>oven doesn't even work
You didn't check the appliances before you moved in?

I forgot: Who needed a $700 billion dollar government bailout?

Both the lenders and the borrowers were irresponsible, but the lenders were irresponsible on a much larger scale. Blaming financially retarded people for being financially retarded is pointless. The banks needed to be the ones telling people "no."

>banks with 100% visibility
Is that why they forced ratings agencies to give these CDOs much higher ratings than they deserved? Did the poor people do that?

The big short was a really wasted opportunity to explain some of the weapon's grade existential crisis fuel of just-before-housing-crisis USA.

I was living in a just about dirt poor area, were people could barely afford to mow their lawns, but all the houses were mcmansions, and just down the street they were dumping tens of millions into a "newest stop on the PGA tour" style 18 hole golf course and country club community. When the recession hit, they'd had yet to finish any new houses and the golf course was 99% finished, but all the credit was frozen. So they couldn't continue building. They couldn't sell. And they could only afford to pay one groundskeeper to maintain upteen fucking acres of slowly dying golf grass. The area is now on the same level as abandoned malls of ubran exploration. You can still tell there should've been a golf course there, and there's still all the crap a PGA course would have, full bathrooms, concrete golfcart roads, etc, all hidden behind overgrown weeds and slowly rotting among a bunch of half-finished structures and shit.

But all the big short had of this shit was one cholo renting a mcmansion (and they of course fail to establish hes renting) and oh god he had leaves in his pool!

uk.reuters.com/article/uk-usa-trump-banks-idUKKBN17X223

Nah nigga I ain't got time. Plus I was expecting this shit to build my case
>oven was listed as working fine on the contract
Abraham fucked up for the last time

>and they of course fail to establish hes renting
He's told several times "You should talk to your landlord."

>poor people should get a handicap in life because they are stupid and can't learn finances
>meanwhile evil bankers should be taken down a peg for just doing their jobs and getting people to take out loans!

With your logic, can I blame hot waitresses when I have less money at the end of the month because they got me to tip them a lot or buy more drinks because of their good looks and charm? Fuck off, cuck.

>Who needed a $700 billion dollar government bailout?
Yeah and they shouldn't have gotten it but Obama had such a hard-on for getting his ACA pushed forward that he bailed out the banks like a fucking idiot.

I'll blame retarded people for being retarded as much as I want. Personal responsibility is a thing.

>I ain't got time.
You don't have twenty minutes?

No, are you on my team or what?

user you sign a walk through agreement in the first month where you're supposed to list all the shit that was broken so they can A) fix it and B) not hold you responsible.

banks were (literally) selling, to poor people, subprime mortgages as "adjustable rate mortgages" with lines like "the monthly payments adjust to your lifestyle!" They'd fat-finger the idea that if life shit on them, as life had shit on them a thousand times before, and they were suddenly not making any money, they'd be okay and wouldn't lose their house. The reality is the minimum payments on adjustable rate (subprime) mortgages just arbitrarily increased after ten years. They'd sign these poor as fuck people in dead in jobs into loans where the sub-prime rate was literally all they could ever afford, then when the rates spiked, they were fucked. But the banks didn't care, the guys selling the loans didn't care, the FTC didn't care, no one fucking cared.

Then just before the recession hit, there were financial reports dropping that put the average income in the US at 100k a year. Source: value of housing loans. Then after the market collapsed everyone was like "OH GOD NO ONE COULD HAVE EVER KNOWN THIS WOULD HAPPEN"

lol you are gonna get hosed by your landlord

at least get make sure you leave the place spotless when you move out and take pictures of EVERYTHING because they WILL try to bleed money for "damage" out of you

How much of a talking point was Wall Street during the last election? People like Bernie talked about it a lot

What was Trump going on about though? The wall. Immigration. Stopping the refugees.

When the one thing that objectively made things worse in the country was Wall Street dickery.

Who got elected

I know, tomorrow's going down

>I didn't listen to the financial news in 2008-9
People in this thread are literally doing it. kek.

I think you misread my post

Analogies are for retards who can't have a serious debate. Everyone is having a discussion and you can't keep up so you spew that meaningless tripe. Get that neo-con dick out of your ass.

Things like this wouldn't happen as often if high schools actually taught personal finance as opposed to useless bullshit like "the mitochondria is the powerhouse of the cell"

>Analogies are for retards who can't have a serious debate. Everyone is having a discussion and you can't keep up so you spew that meaningless tripe. Get that neo-con dick out of your ass.

So, you're going to go with an ad hom and not answer me properly?

You can't regulate the actions of stupid individuals making poor life decisions.

You can regulate the actions of stupid corrupt banks preying on stupid individuals.

Not that difficult of a concept m8.

But how will the goyi- I mean "citizens" rack up thousands in credit card debt at 27% interest if they're taught about personal finance? Are you literally trying to re-enact the shoah, kill another 6 billion of G-d's chosen?

And how is that not what this movie's doing? We remember that everyone blamed Wall Street, but this movie says you're misremembering and that everyone actually blamed immigrants and poor people.

What's the name of the political position where you hate both the fat cats on Wall Street and the nigger and spic scum?

>implying all of those things didn't make things worse

FURTHERMORE

the fact these poor as fuck people could afford to stay up to date on their subprime mortgage payments sent their credit ratings through the fucking roof, as on paper they had hundreds of thousands of worth to their name and a strong history of making payments. So other financiers were shoveling no-limit credit lines at them.

The entire situation was fucked on every level with all institutions acting in a completely predatory manner.

Trump

This. Are we forgetting that Clinton spoke at financial conferences and literally stated that everybody places too much blame on bankers and wall street?


Bernie was the only one who mentioned it.

He can't actually come up with arguments because he has no idea what he's talking about and is just regurgitating memes.
Do you really expect basement dwelling fa/tv/irgins to know the first thing about economics?

>You can't regulate the actions of stupid individuals making poor life decisions.

That seems like a self-regulating problem to me. Just le take le safety labels off everything. le.

>you can't stop stupid people from being stupid, but you can stop smart people from being smart

Right, and that's called communism... throwing everyone into the mud instead of only letting those who deserve to stay there wallow. Then it's all too easy for the upper elite to rule.

Fuck. Off. Cuck.

user said hating fat cats on wall street not hiring them

How does one ironically cringe?

We are talking about something real and you bring up something that's not real. There is nothing to address. Your waitress analogy has nothing to do with banking regulation, credit reporting, or toxic assets.

In fact it is you who failed to address any of my points.

Poor people = don't even have foresight into their personal welfare
Investment firms and banks = Know exactly what they're doing

You know, my mother went to buy a house during the whole boom thing, so she went shopping for a mortgage, and they approved her for a ridiculous amount of money, over a hundred thousand dollars more than she was expecting. The payments were obviously going to be way more than she could afford before long, so she took a smaller loan and got a smaller house.

She was totally fine after the crash, but all the people who did take those crappy loans then got to whine and whine to the government who'd wring their hands and try and figure out a way to let them not lose their homes, and so on and so forth. There's tons of blame to go around, and most people's hatred was directed at Wall Street and then the government, but the idea that people are these innocent victims is ludicrous. It's like payday loans, or those people who get "tricked" by the fact that student loans will give them a whole bunch of cash, so they party for four years and then wonder why they have $200,000 of debt for a BA and blame the system for tricking them.

Bernie-ism

That--what?

Poor people are why the economy tanks? I've literally never heard anyone say this.

the line made plenty of sense, the next president was elected on an anti immigrant platform

But Bernie loves niggers and spics, and kikes too (considering he is one).

As someone who was treated as a large hunk of meat dangling in the middle of a pack of hungry wolves by clearly predatory financial institutions, that's an utterly ridiculous claim.

Banks were selling subprime loans as "YOUR LUCKY DAY!" Like winning the lottery without buying a ticket.

That's fine. Until they take out a bunch of mortgages they can't afford and sink they economy.

>If you want to regulate Wall Street you're a communist!

Mkkkay corporate bootlicker.

>Investment firms and banks = Know exactly what they're doing

So why the fuck did they screw themselves over? Tons of bankers killed themselves because of the 2008 recession. Was it their plan all along to crash the economy with no survivors? Why? Explain why, cuckboi.

Oh the fucking irony. You kike shills are still spouting that republican dad politics.

WELL I WOULDNA DUN IT SO FUCK EM

>We need to add a line to make this movie about gleeful investors who short the market look heroic
Gotcha covered senpai

Before the 00's, banks were more careful about who they'd drop half a million on.

Oh god, so you're a lolbertarian, huh?

So tell me, what are you going to do about the plight of the everyman when your libertarian anarchy bullshit is the norm? How is a society where individual freedom is the god going to work in the favor of stupid poor people? They're all going to become indentured slaves... kind of like how communism works.

Wow, I guess libertarianism and communism are... pretty much the same thing, huh!

Before 2000, we had glass steagall

Not that user, but each individual part of the problem knew what they were doing, but were relying on everyone else to not be as short sighted and corrupt.

Also most of the people at the top didn't realize the extent of how fucked they were. They knew what they were doing was fucking people over, but almost no one thought property would stall. Hence the movie...

He's not wrong about the poor people bit. People genuinely did try to argue that it was irresponsible poor people that should have known better.

>I buy what hollywood movies sell me
go look up how loans get rated and who controls that

then kill yourself

You're so insightful. We should hang out together in the common room and talk about apartheid.

>liberals don't like wallstreet because wallstreet tanked the economy in 2008
>therefore I must support these wallstreet banks to align myself against liberals

Every fucking time.

>stupid people getting tricked into bad loans
both parties are to blame, but only one had to pay for it.