View Single Post
  #1  
Old 08-31-2007, 11:52 AM
gonebroke2 gonebroke2 is offline
Senior Member
 
Join Date: Dec 2006
Posts: 349
Default thoughts on Bush mortgage bailout?

http://www.msnbc.msn.com/id/20524454/

I think this is a bunch of BS. Let the greedy lenders and the Fed who encouraged these type of loans pay for it. Or just let the lying borrowers lose their homes and end up on the streets.

Now they want mortgage reforms after the party is over? I guess thats what happens when you live in a consumption based economy that needed equity withdrawals to keep this economy afloat.
Reply With Quote