Didn't They Learn Already?

PuroFreak

stephen_hannibal

Amos Umwhat

PuroFreak

sightunseen

Joeyjoe21_8

thats cuz obama is a f-ing idiot

Vulchor

sightunseen:

It was the combination of greed and ignorance that brought about this whole credit mess.

+1,000,000

Vulchor

And thank you to Joey as well for the well thought, reasoned, and critically analzyed opinion stated above, lol

Joeyjoe21_8

lol..i do what i can to help out! lol

fla-gypsy

PuroFreak

Vulchor:

sightunseen:

It was the combination of greed and ignorance that brought about this whole credit mess.

+1,000,000

I think that was part of it, but a small part. The government pushing sub-prime mortgages is also a way to keep people dependant on the government. If they tell the poor and minorities that those banks are only turning them down to keep them down, then the people feel like a victim. They think they have to have the government to help them instead of helping themselves.

wwhwang

If anyone has told you that you are too weak to live with liberty and responsibility, they have portrayed you as a child. If you go along with it, then you have made yourself a slave.

phobicsquirrel

I think there should have been a big washing out of all the companies that went over books and caused any damages. However that didn't happen. In fact the govt (fed) bought all the debt (well most of it) from the banks, and now we (the tax payers) get to pay for it. I think white house should have kept out of the mortgage debacle other than to crack down on these institutions and their foreclosures that were not lawful. Other than that I believe that if you can't afford a house than you shouldn't have signed. BOA, Wells Fargo, US Bank, and Citi should have all paid for their mistakes or went under. Nope, they got a pass and it's even worse now. It'll happen again and we will all get screwed worse. Sad thing is, because all these people lost their homes and such, now all the other homes are going to be suffering.

Joeyjoe21_8

so while i hate his movies...anyone see the micheal moore doc about capitalism?? it actually had some decent information in it. check it out.

PuroFreak

Joeyjoe21_8:

so while i hate his movies...anyone see the micheal moore doc about capitalism?? it actually had some decent information in it. check it out.

Much like most of his work, a lot of very false information in that movie. Check out some of the fact checking sites from his movies. Makes him look like the lazy pathetic slob he is.

Joeyjoe21_8

wel yeah i discredited him too on a lot of stuff but he did have a couple facts correct.

cabinetmaker

Joeyjoe21_8:

wel yeah i discredited him too on a lot of stuff but he did have a couple facts correct.

If a fact walked up to that bloated sac of festering puss and introduced itself as such, he'd still get wrong.

Vulchor