NLIC.org

Jonathan Said:

Who agrees that the US and IMF better stay out of the financial/mortgage mess or conditions will get worse?

We Answered:

Interestingly timed question. If the Federal Reserve hadn't stepped in and rescued Bear Stearns the dominoes would have fallen on wall street and not only Bear Stearns but maybe a dozen major Wall Street firms would have gone down the drain. This would have triggered Great Depression II (the big one). This is not an issue of some people with mortgages that they can't afford, it has to do with the complex securities such as bonds based on funds that are based on pools of mortgages.

If the credit system falls apart, the economy falls apart. And that long term recovery will be a long time coming.

Ken Said:

Why do whites say Affirmative action is reverse racism? Read details.?

We Answered:

Because White People for the most part are paranoid. They want everybody to go back to there OWN country not realizing that they stole this country and brought slaves in to help them build this sh!t.