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re: Penny auctions during the great depression to save farms
Posted on 7/27/22 at 1:29 pm to OGtigerfan87
Posted on 7/27/22 at 1:29 pm to OGtigerfan87
quote:
Yeah people knew their neighbors and apparently participated in left wing revolutionary activities to get out of financial responsibilities.
thank you
bunch of so called conservatives celebrating left wing revolutionary tactics to stick it to the bank.
TD has become infested, like the rest of LA, with dumbasses with IQs below 100 claiming to be conservative and having zero understanding what that means.
They need to get off the board and get back to building scaffolding, shite aint gonna put itself up.
0
Posted on 7/27/22 at 2:00 pm to 777Tiger
quote:
if you pay your note on time there's nothing in there that will hurt you, if you don't pay your note on time there's nothing in there that will help you"
Lol. I might steal this line.
Posted on 7/27/22 at 2:22 pm to ned nederlander
Looks like many of you are history challenged. This was 90 years ago and conditions were vastly different. There was no FDIC to insure deposits. Banks would not have wanted to pay that insurance. There were no safety nets like unemployment or workers compensation. If a worker on a railroad , factory or coal mine lost a limb then so sad, too bad they kicked him out without and type of compensation. Banks at the time were indeed the definition of predatory lenders.
Thankfully, everyone got disgusted and voted out the Republicans and FDR came in and started many of the programs and benefits all of us use today.
Now for all those conservative keyboard warriors who will criticize everything done by FDR, Truman and even Eisenhower, take a moment and ask yourself how you have benefited from these programs and benefits in your past. Try to not be too hypocritical.
Thankfully, everyone got disgusted and voted out the Republicans and FDR came in and started many of the programs and benefits all of us use today.
Now for all those conservative keyboard warriors who will criticize everything done by FDR, Truman and even Eisenhower, take a moment and ask yourself how you have benefited from these programs and benefits in your past. Try to not be too hypocritical.
Posted on 7/27/22 at 2:29 pm to lsu777
quote:
this shite kills me, nobody forced your grandpa to take the loan. nobody forced him to agree to the terms.
My grandpa wasn't a farmer
and wasn't a victim of the times (luckily). My grandpa was luckily educated, and the stories he shared dealt with businessmen taking advantage of folks that couldn't read or write. You're looking back on the "victims" of the Great Depression through the lens of being an educated person in 2022.
I don't think modern day student loans or even subprime loans are "predatory." Businessmen or bankers taking advantage of uneducated people in the early 20th century is what I mean by predatory. Maybe you should have some coffee with some old timers to learn about some of the shite that went on back then. Calling back to the shady shite back then doesn't mean I'm a liberal or a socialist, goddamn
Some of y'all are so fricking combative Predatory practice I'm calling back to: Banker/businessman does a handshake deal that agrees to one thing, then has an uneducated person sign a piece of paper that says a completely different thing.
What you're incorrectly assuming I mean by predatory lending: Person agrees to an adjustable rate mortgage. Young adult applies for a student loan.
Posted on 7/27/22 at 2:30 pm to Styxion
quote:what was the overall population?
Back when people actually cared about their neighbors
Posted on 7/27/22 at 2:35 pm to Purplehaze
quote:
Looks like many of you are history challenged. This was 90 years ago and conditions were vastly different. There was no FDIC to insure deposits. Banks would not have wanted to pay that insurance. There were no safety nets like unemployment or workers compensation. If a worker on a railroad , factory or coal mine lost a limb then so sad, too bad they kicked him out without and type of compensation.
so worker cant produce tangible good but its wrong of the company to let them go?
and you could have sued if it was unsafe work practice accident
quote:
Banks at the time were indeed the definition of predatory lenders.
please explain how like im 5, please explain how they forced people to take out loans, how restrictions on capitalism kept competitors out or how the banks formed one big monopoly
quote:
Thankfully, everyone got disgusted and voted out the Republicans and FDR came in and started many of the programs and benefits all of us use today.
Yea FDR was just so fricking great.....we are just reeping those benifits today and he did such an awesome job getting us out the depression.
quote:
Now for all those conservative keyboard warriors who will criticize everything done by FDR, Truman and even Eisenhower, take a moment and ask yourself how you have benefited from these programs and benefits in your past. Try to not be too hypocritical.
i have never benifited one time from those programs.
Posted on 7/27/22 at 2:50 pm to lsu777
quote:This site is loaded with false conservatives.
this is nothing but socialism....so many of you claim to hate socialism and decry it when others do it....but in this case its ok
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