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Posted by: Hhussk 10 months, 2 weeks ago
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Hhussk10 months, 2 weeks ago
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FTA:
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But the problems will worsen exponentially as the economy plunges, and as the Obama administration and Congress spend more than $1 trillion in various bailout and stimulus packages in an effort to forestall foreclosures, corporate bankruptcies and a prolonged economic depression, they said.
It's like you didn't even read the article. Government has been the hallmark of innefficiency and corruption since the beginning of time.'
Just to clarify, You want the same people who created the housing crisis to arrest the companies they forced and promoted into bad practices? ....The blind truly are leading the blind.-
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Hhussk10 months, 2 weeks ago
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I see you were unable to bring a defense. Read about Ad Hominem.
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Here's the proof:
http://www.youtube.com/watch?v=hN31-nKndg8
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JebobaComment removed: Spam
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rimbaud10 months, 2 weeks ago
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When everyone's making money, from mortgage brokers to banks which would be selling the mortgages, relationships become cozy. The brokers are egged on, by borrowers, and by attractive commissions, to exploit any flexibilities in the lenders' requirements for qualification and documentation. How important is it when the value of the property is well above (or expected to get well above) the value of the loan? No one MADE anyone make these bad loans, but with Wall Street buying them and packaging them as investments, it was never clear who would end-up holding the bag: you took your share and passed it on.
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dunkirk10 months, 2 weeks ago
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Maybe you need to read some as to what caused the housing crisis, Seems the REPUBLICANS went out of their way to make sure nothing interfered with the only thing that pumped up the economy while they were in control so much so they went after states to stop them from putting the brakes on predatory lending. Yeah the politicos caused the housing crisis but the party that backed it and pushed it is out of power now. It is amazing how you reach conclusions from information that does NOT lead you to that conclusion. But that seems to be the pattern of the right lately, state some information and then generate a conclusion way out of left field. ROFLMAO, you guys LOST the last two elections get use to it its a pattern thats going to repeat since most people understand the mess we are going thru was caused by you guys.
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