:p:twisted:
Keep voting for the Barney Franks, Ted Kennedys, Nancy Pelosis, Harry Reids, Chuck Shumers, Joe Bidens and Barrack Obamas of the world and that’s what you will get.
Exactly what you deserve.
Now Joe, apparently you haven’t been paying attention. GW did it. Right?:shock:
LOLOL you guys kill me
They all did it , Politicians ,bankers, Wall street guru’s (Just greed)
We pay ,they play same story no matter who is in and when they get in trouble well of course then they play the legal system
What else could it be? Barrack Obama has been in office less than one month, just how long did you expect it to take to clean up George Bush’s mess?
I wish you two could keep your political b u l l s h i t where it belongs, this started out as a financial thread.
If I thought this is the direction it was headed off in I wouldn’t have posted it here to begin with.
Joe B.
Obama is spending money faster than any president ever. Period.
This will not end well and you know it.
How about the greed of the unqualified homebuyers?
Hey, I thought it was against the rules to talk about political **** anywhere but the not for everyone section. Hope I don’t get my *** chewed out again for responding to someone else thread.
Track the stimulus spending here www.recovery.gov
Looks like joey has taken his toys and gone home. 
Thats what said Micheal greed
Buying more than can afford is a type of greed too.
But someone had to approve it Loan company or bank buyers just cant make their own loans can they?
Joey chided us for bringing politics into this thread and then removed his posts.
But facts are that politics is how we got in this mess in the first place.
Some wisdom and facts from Thomas Sowell:
…An economist specializing in financial markets gave a glimpse of the history of housing markets when he said: “Lending money to American homebuyers had been one of the least risky and most profitable businesses a bank could engage in for nearly a century.” .
That was what the market was like before the government intervened. Like many government interventions, it began small and later grew.
The Community Reinvestment Act of 1977 directed federal regulatory agencies to “encourage” banks and other lending institutions “to help meet the credit needs of the local communities in which they are chartered consistent with the safe and sound operation of such institutions.”
That sounds pretty innocent and, in fact, it had little effect for more than a decade. However, its premise was that bureaucrats and politicians know where loans should go, better than people who are in the business of making loans.
The real potential of that premise became apparent in the 1990s, when the Department of Housing and Urban Development (HUD) imposed a requirement that mortgage lenders demonstrate with hard data that they were meeting their responsibilities under the Community Reinvestment Act.
What HUD wanted were numbers showing that mortgage loans were being made to low-income and moderate-income people on a scale that HUD expected, even if this required “innovative or flexible” mortgage eligibility standards.
In other words, quotas were imposed-- and if some people didn't meet the standards, then the standards need to be changed..............No they can’t read the post above this one.
I guess it is a wait and see if this works or not, It is a double edge sword , damn if you do damn if you don’t
No matter what we argue about here will not change the out come .
Heh!