 Bush's bailing out of the irresponsible |
| Bush's bailing out of the irresponsible |
 Dec 6 2007, 10:12 PM
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#1
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 Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35  |
http://seattletimes.nwsource.com/html/busi...mortgage06.html
Of course this still has to go through Congress where it will get a bunch of crap amended to it and blah, blah, blah. It is not the government's job to intervene on the free market. If people are irresponsible then there is no reason to change the market to cater to them, hurting others who were prepared. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Dec 7 2007, 01:24 PM
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#2
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 Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 |
I blame the home owners and the lenders cause they knew damn well what they were doing.
they were even given people who could afford a home and had good credit these shitty deals. true, the people should read the contract. but the lenders should know the outcome of it as well. -------------------- |
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Dec 7 2007, 01:31 PM
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#3
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 From Atlantis to Interzone Group: Global Moderators Posts: 2,512 Joined: 23-February 06 From: Somewhere in space and time Member No.: 65 |
QUOTE (woody @ Dec 7 2007, 01:24 PM)  they were even given people who could afford a home and had good credit these shitty deals. Which is sad because that's illegal. I hate banks with a passion. -------------------- QUOTE (Spectatrix @ Oct 13 2006, 09:51 PM) Holy shit, pebkac, you're awesome! "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." - Theodor Seuss Geisel (AKA Dr. Seuss) "An idea that is not dangerous is unworthy of being called an idea at all." - Oscar Wilde |
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Hartmann Bush's bailing out of the irresponsible Dec 6 2007, 10:12 PM
GOB yeah, this really pisses me off. people who shoul... Dec 6 2007, 10:25 PM Jessica who changed their name to GOB? I cant figure it ou... Dec 6 2007, 10:29 PM
jonathan83 QUOTE (Jessica @ Dec 6 2007, 10:29 PM) wh... Dec 7 2007, 12:09 AM GOB i'm posting from within your womb
now, pleas... Dec 6 2007, 10:30 PM impala454 QUOTE (Hartmann @ Dec 6 2007, 10:12 PM) h... Dec 6 2007, 11:25 PM GOB QUOTE (impala454 @ Dec 6 2007, 11:25 PM) ... Dec 7 2007, 07:17 AM Spectatrix The lenders are assholes, but the homeowners are f... Dec 7 2007, 08:43 AM Hartmann I think the economy has to suffer sometimes. It is... Dec 7 2007, 08:56 AM pebkac I agree with impala (did I just type that?) on the... Dec 7 2007, 09:42 AM Hartmann QUOTE (pebkac @ Dec 7 2007, 09:42 AM) I a... Dec 7 2007, 09:54 AM impala454 QUOTE (Hartmann @ Dec 7 2007, 09:54 AM) I... Dec 7 2007, 10:15 AM Hartmann QUOTE (impala454 @ Dec 7 2007, 10:15 AM) ... Dec 7 2007, 10:52 AM Spectatrix Correct me if I'm wrong, but isn't the var... Dec 7 2007, 11:02 AM impala454 No, ARM loan interest rates set by an index the le... Dec 7 2007, 11:10 AM Hartmann QUOTE (impala454 @ Dec 7 2007, 11:10 AM) ... Dec 7 2007, 11:38 AM impala454 QUOTE (Hartmann @ Dec 7 2007, 11:38 AM) R... Dec 7 2007, 01:36 PM Hartmann QUOTE (impala454 @ Dec 7 2007, 01:36 PM) ... Dec 7 2007, 01:43 PM Hartmann QUOTE Loan Descriptions
Lenders must give you writ... Dec 7 2007, 11:39 AM Spectatrix Thanks, Hartmann. While ARM mortgages might be co... Dec 7 2007, 11:48 AM pebkac QUOTE (Spectatrix @ Dec 7 2007, 11:48 AM)... Dec 7 2007, 01:10 PM blaarg I feel all the responsibility is on the homeowner.... Dec 7 2007, 12:00 PM Spectatrix I'm not criticizing the lenders for trying to ... Dec 7 2007, 12:05 PM Hartmann QUOTE (Spectatrix @ Dec 7 2007, 12:05 PM)... Dec 7 2007, 12:07 PM Psykopath Bring on the recession.
I want to buy stocks at lo... Dec 7 2007, 01:25 PM impala454 Oh please... I didn't say or even imply that f... Dec 7 2007, 01:57 PM Spectatrix QUOTE (impala454 @ Dec 7 2007, 01:57 PM) ... Dec 7 2007, 02:09 PM Hartmann QUOTE (impala454 @ Dec 7 2007, 01:57 PM) ... Dec 7 2007, 02:12 PM impala454 QUOTE (Hartmann @ Dec 7 2007, 02:12 PM) A... Dec 9 2007, 02:02 AM Hartmann QUOTE (impala454 @ Dec 9 2007, 02:02 AM) ... Dec 9 2007, 04:59 PM GOB i just think it's funny how 60% of the people ... Dec 7 2007, 06:24 PM Testm0nkey you watch too much jim cramer Dec 7 2007, 06:31 PM GOB QUOTE (Testm0nkey @ Dec 7 2007, 06:31 PM)... Dec 7 2007, 06:47 PM DaveFireDancer19 impala, its like you're trying to put all the ... Dec 8 2007, 05:11 PM pebkac QUOTE (DaveFireDancer19 @ Dec 8 2007, 05... Dec 8 2007, 11:56 PM DaveFireDancer19 QUOTE (pebkac @ Dec 8 2007, 11:56 PM) Wha... Dec 9 2007, 09:09 AM GOB uh, when did the lenders get upset? they were the... Dec 9 2007, 02:21 AM impala454 Haha "attack". The reason I pointed it ... Dec 9 2007, 06:59 PM Hartmann QUOTE (impala454 @ Dec 9 2007, 06:59 PM) ... Dec 10 2007, 12:44 PM impala454 QUOTE (Hartmann @ Dec 10 2007, 12:44 PM) ... Dec 10 2007, 01:06 PM Hartmann QUOTE (impala454 @ Dec 10 2007, 01:06 PM)... Dec 10 2007, 03:06 PM impala454 QUOTE (Hartmann @ Dec 10 2007, 03:06 PM) ... Dec 10 2007, 03:09 PM Hartmann QUOTE (impala454 @ Dec 10 2007, 03:09 PM)... Dec 10 2007, 03:15 PM Forum Warrior I'm actually very surprised Hartmann is disapp... Dec 9 2007, 08:06 PM Hartmann QUOTE (Forum Warrior @ Dec 9 2007, 08:06 ... Dec 10 2007, 12:39 PM Testm0nkey theres a big difference between slum lords and peo... Dec 9 2007, 08:11 PM Forum Warrior There's also a difference between refurbishing... Dec 9 2007, 08:36 PM Spectatrix The banks were stupid.
The buyers were stupid.
End... Dec 10 2007, 08:41 AM Testm0nkey if you have the capital to invest in real estate f... Dec 10 2007, 12:53 PM Hartmann I don't understand your logic. I don't ask... Dec 10 2007, 03:02 PM impala454 QUOTE (Hartmann @ Dec 10 2007, 03:02 PM) ... Dec 10 2007, 03:06 PM Spectatrix QUOTE (impala454 @ Dec 10 2007, 03:09 PM)... Dec 10 2007, 03:42 PM impala454 Uh, and who adjusts those f'n indexes??? Geezu... Dec 10 2007, 03:48 PM Spectatrix They're based on broad surveys of banks in gen... Dec 10 2007, 03:55 PM impala454 Right, they're rates set by BANKS.
How about ... Dec 10 2007, 04:11 PM Spectatrix QUOTE (impala454 @ Dec 10 2007, 04:11 PM)... Dec 10 2007, 05:14 PM johnthedrunk i really wanted to capitalize on the suckers whose... Dec 10 2007, 04:25 PM Jessica Christine: 1
Impala: well, let's face it... -4... Dec 10 2007, 05:21 PM impala454 QUOTE (Jessica @ Dec 10 2007, 05:21 PM) C... Dec 10 2007, 05:26 PM Jessica QUOTE (impala454 @ Dec 10 2007, 05:26 PM)... Dec 10 2007, 05:30 PM impala454 You guys are sad sometimes. You instantly hate ev... Dec 10 2007, 05:24 PM Spectatrix QUOTE (impala454 @ Dec 10 2007, 05:24 PM)... Dec 10 2007, 05:29 PM impala454 QUOTE (Spectatrix @ Dec 10 2007, 05:29 PM... Dec 10 2007, 05:37 PM Spectatrix I'm not saying mortgage lenders are angels... ... Dec 10 2007, 05:44 PM Spectatrix The main point I'm trying to make is that ARMs... Dec 10 2007, 05:48 PM impala454 Forgive me I'm not following where you're ... Dec 10 2007, 05:48 PM Spectatrix QUOTE (impala454 @ Dec 10 2007, 05:48 PM)... Dec 10 2007, 06:05 PM Spectatrix In any case, I'm out. I wash my hands of this... Dec 10 2007, 06:09 PM impala454 Uh, they all want to make money whether its UK or ... Dec 10 2007, 08:27 PM Spectatrix QUOTE (impala454 @ Dec 10 2007, 08:27 PM)... Dec 10 2007, 09:29 PM impala454 QUOTE (Spectatrix @ Dec 10 2007, 09:29 PM... Dec 10 2007, 10:13 PM Spectatrix QUOTE (impala454 @ Dec 10 2007, 10:13 PM)... Dec 11 2007, 08:59 AM Jessica LOLZ Dec 10 2007, 08:33 PM TetraGrammaton Cleric i don't know how to quit you Dec 11 2007, 03:42 AM Hartmann http://www.nytimes.com/2008/05/11/business...amp;o... May 23 2008, 09:53 AM impala454 QUOTE (Hartmann @ May 23 2008, 10:53 AM) ... May 23 2008, 10:33 AM Hartmann QUOTE (impala454 @ May 23 2008, 11:33 AM)... May 23 2008, 11:24 AM impala454 Honestly I have noticed a huge boom in storage uni... May 23 2008, 10:28 AM impala454 I don't even care to have a big expensive hous... May 23 2008, 12:09 PM Hartmann QUOTE (impala454 @ May 23 2008, 01:09 PM)... May 23 2008, 12:27 PM Oasis QUOTE (impala454 @ May 23 2008, 01:09 PM)... May 23 2008, 12:37 PM impala454 yeah tomball is the complete wrong direction for m... May 23 2008, 12:32 PM impala454 sweet May 23 2008, 12:51 PM |
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