Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Business owners aren't stupid - they know when the government spends trillions it wont be the crack head in the projects covering it.... They will respond by laying off workers to save themselves.
OK... WTF does this have to do with the Mortgage problem?
You think that Billionaires are "Worthy" of the bailout and Homeowners who have seen their once affordable homes become a fucking Albatross around their necks aren't?
As far as the layoffs... If they wouldn't have played Casino with other people's money, this wouldn't have happened. That's why there needs to be regulation so that it never happens again. Maybe the next time... we should hold the fuckers responsible and take their private assets and let THEM live in the projects with the crackheads.
they were sold a bill of goods....
they were told that when the loan kicked in to the adjustable stage, they could refinance with a conventional mortgage and for a while they did get the refinancing....but when the time came on the later groups of subprime adj mortgages, the banks were not lending out for too many conventional mortgages for these people....they could not get the refinancing in to a conventional mortgage as they were told they could....it was all downhill from there....prices stopped going up on home values with the foreclosures, less money avail to loan, more and more foreclosures....bubble bust, Pyramid scheme by the banks came to its end, homeowners screwed, banks bailed out by homeowner's and our taxes.
They were sold a lottery ticket, and they jumped at it eagerly. They thought they were going to be set for life with the increased value of their home over the course of the first few years. They bought into a chance to make lots of money, they ignored the chance of losing lots of money.
Did the banks do things wrong? Absolutely, but so did the buyers. Lets not let any of them off the hook.
We should have let the banks and the homeowners live with the contracts they signed...
Stealing wealth, labor and wages from people is immoral
so is Democrat baby killing, illegally Bombing Libyans, forcing homo sex on children in school and basically everything liberal.
Wow... baby killing? I've never seen infants on pikes or anything like that... Forcing Homo Sex on Children? OHHHH... you're talking about Catholic Priests!!!! Well.. I think that most of our Catholics and their clergy are upstanding people... but there are a few bad apples out there.
If you're talking about Abortion... well, I am don't approve of abortion myself and I would hope my daughter would not choose such an option if she became pregnant. But you know what? It's her soul, isn't it? Who are you to dictate another's morality?
As far as "Forcing Homo sex on Children in School"... If you can make a case for Actually forcing Homo sex in schools(like literally having sex with school kids), I think you should contact the authorities.. because I do believe that in all 50 states, sex with minors(homo OR hetero) is quite illegal.
I'll take the "everything liberal" part as the ridiculous pigshit that it is, thank you very much.
I never said liberals were bright
So stupidity... especially when Salesmen try to spin it so it makes good sense... is worthy of kicking families out of their homes while the people that had already made a fortune on this crazy ponzi scheme get bailed out by US taxpayers.
You guys are all heart.
Make no mistake- I did not support the bailout, TARP, or the economic stimulus, but yes, people who sign contracts without reading the fine print are neglecting their own responsibility as buyers. It doesn't matter how good it looks, what a slick salesman tells you, or how much you think you need it. When you sign a contract for a variable rate mortgage, you're screwing yourself.
Wow... baby killing? I've never seen infants on pikes or anything like that... Forcing Homo Sex on Children? OHHHH... you're talking about Catholic Priests!!!! Well.. I think that most of our Catholics and their clergy are upstanding people... but there are a few bad apples out there.
If you're talking about Abortion... well, I am don't approve of abortion myself and I would hope my daughter would not choose such an option if she became pregnant. But you know what? It's her soul, isn't it? Who are you to dictate another's morality?
As far as "Forcing Homo sex on Children in School"... If you can make a case for Actually forcing Homo sex in schools(like literally having sex with school kids), I think you should contact the authorities.. because I do believe that in all 50 states, sex with minors(homo OR hetero) is quite illegal.
I'll take the "everything liberal" part as the ridiculous pigshit that it is, thank you very much.
I never said liberals were bright
That's your best attempt at a comeback? You don't want the "Gubmint" to legislate your "Freedom" away when it comes to your taxes... but you want to legislate other people's morality? What am I missing?
The fucking government forced the lending in the first place.
Lenders were strict before Bill Clinton and Jesse Jackson claimed lending bias against the poor was pure racism.
Creditors were forced to lend to anyone - credit was turned into a right via the community reinvestment act..
Thats the fucking problem... Thats the root cause...
Sir, I am not interested if you take it in the ass from other democrats. I just do not want your pervertions forced into the school system
Go figure
Freedom to keep my wages
Freedom to tell you that you are a filthy pervert.
America rules
So stupidity... especially when Salesmen try to spin it so it makes good sense... is worthy of kicking families out of their homes while the people that had already made a fortune on this crazy ponzi scheme get bailed out by US taxpayers.
You guys are all heart.
Make no mistake- I did not support the bailout, TARP, or the economic stimulus, but yes, people who sign contracts without reading the fine print are neglecting their own responsibility as buyers. It doesn't matter how good it looks, what a slick salesman tells you, or how much you think you need it. When you sign a contract for a variable rate mortgage, you're screwing yourself.
The fucking government forced the lending in the first place.
Lenders were strict before Bill Clinton and Jesse Jackson claimed lending bias against the poor was pure racism.
Creditors were forced to lend to anyone - credit was turned into a right via the community reinvestment act..
Thats the fucking problem... Thats the root cause...
they were sold a bill of goods....
they were told that when the loan kicked in to the adjustable stage, they could refinance with a conventional mortgage and for a while they did get the refinancing....but when the time came on the later groups of subprime adj mortgages, the banks were not lending out for too many conventional mortgages for these people....they could not get the refinancing in to a conventional mortgage as they were told they could....it was all downhill from there....prices stopped going up on home values with the foreclosures, less money avail to loan, more and more foreclosures....bubble bust, Pyramid scheme by the banks came to its end, homeowners screwed, banks bailed out by homeowner's and our taxes.
They bought the bill of goods.
The fucking government forced the lending in the first place.
Lenders were strict before Bill Clinton and Jesse Jackson claimed lending bias against the poor was pure racism.
Creditors were forced to lend to anyone - credit was turned into a right via the community reinvestment act..
Thats the fucking problem... Thats the root cause...
"The guy in charge 10 years ago did it" "This is the fault of the (democrats/republicans)!"
So? Blaming it on politicians who are no longer in power really does not do anything.
Did you know that liberals are currently forcing banks to loan out Adjustable rate mortgages to their ghetto voting blocks again?
LOL
Democrats are not bright
LINK please.
Lazy liberal
No handouts here
Make no mistake- I did not support the bailout, TARP, or the economic stimulus, but yes, people who sign contracts without reading the fine print are neglecting their own responsibility as buyers. It doesn't matter how good it looks, what a slick salesman tells you, or how much you think you need it. When you sign a contract for a variable rate mortgage, you're screwing yourself.
The fucking government forced the lending in the first place.
Lenders were strict before Bill Clinton and Jesse Jackson claimed lending bias against the poor was pure racism.
Creditors were forced to lend to anyone - credit was turned into a right via the community reinvestment act..
Thats the fucking problem... Thats the root cause...
Simply not true.
90% of the loans foreclosed are NOT CRA area loans....they were loans to people not protected or covered by the Community Reinvestment Act
the banks CHOSE to lower their own standards to keep their ponzi scheme going.... had NOTHING to do with CRA.
So stupidity... especially when Salesmen try to spin it so it makes good sense... is worthy of kicking families out of their homes while the people that had already made a fortune on this crazy ponzi scheme get bailed out by US taxpayers.
You guys are all heart.
Make no mistake- I did not support the bailout, TARP, or the economic stimulus, but yes, people who sign contracts without reading the fine print are neglecting their own responsibility as buyers. It doesn't matter how good it looks, what a slick salesman tells you, or how much you think you need it. When you sign a contract for a variable rate mortgage, you're screwing yourself.
Back to loaning money to WORTHY poor again. NOT to unemployed and overleveraged Pub yuppies again...
What's your opinion on the morality of taking money from those who earned it and giving it to people who haven't? Not talking about people who cannot earn their own money but rather those who choose not to.
...
That's called theft which is immoral.
So you'd agree that underpaying workers is immoral?
Just saw this. 
