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The Library => The SGA => Topic started by: Saniflush on March 07, 2008, 02:36:58 PM

Title: Sub Prime debacle that is coming......
Post by: Saniflush on March 07, 2008, 02:36:58 PM
Who will roast in hell over it?

http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true&pl
Title: Re: Sub Prime debacle that is coming......
Post by: Tarheel on March 07, 2008, 02:43:46 PM
Who will roast in hell over it?

http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true&pl

I am guessing that getting a Liar's Loan is next to impossible now eh?


Anyway, don't you know that it is all the Bush Administration's fault!  Damn, man!  Where have you been?  This is all George W. Bush's fault! (yall know this is sarcasm, right?)
Title: Re: Sub Prime debacle that is coming......
Post by: Jumbo on March 07, 2008, 10:59:08 PM
When I was approved for a 250k Mortgage, I knew the mortgage industry was rolling down hill like a snowball headed toward hell.
Title: Re: Sub Prime debacle that is coming......
Post by: CCTAU on March 09, 2008, 11:28:47 PM
When I was approved for a 250k Mortgage, I knew the mortgage industry was rolling down hill like a snowball headed toward hell.

But did you sign anyway?
Title: Re: Sub Prime debacle that is coming......
Post by: Jumbo on March 10, 2008, 03:00:29 AM
But did you sign anyway?
Oh hell yeah! I'm chapter 7 away from Freedom :super:
Title: Re: Sub Prime debacle that is coming......
Post by: Buzz Killington on March 10, 2008, 05:02:30 PM
Oh hell yeah! I'm chapter 7 away from Freedom :super:
Larry Langford thanks you.
Title: Re: Sub Prime debacle that is coming......
Post by: Jumbo on March 11, 2008, 02:40:11 AM
Larry Langford thanks you.
I need to hit up some nice Check Cashing place and pawn my car title :wave:
Title: Re: Sub Prime debacle that is coming......
Post by: GarMan on March 11, 2008, 02:29:32 PM
Who will roast in hell over it?

I think that everyone who foolishly signed an agreement that they couldn't meet should lose their homes.  Just about everyone who participated in the subprime disaster should carry some level of responsibility in this mess.  Let them lose their houses.  Let them lose their jobs.  Let the companies go out of business.  People acted stupid, and stupid actions should be painful.  These are the consequences, and they rightfully earned them. 

Of course, I do believe that the government owes a bailout to some of the banks out there.  Those banks that were forced to provide loans under mandate by federal legislation for low income communities and affirmative action shouldn't be penalized for following the government's rules.  Of course, that's not nice of me to recognize that.  Madam Queen Czar Hillary might retroactively punish me for my opinion. 
Title: Re: Sub Prime debacle that is coming......
Post by: Tarheel on March 11, 2008, 02:39:14 PM
I think that everyone who foolishly signed an agreement that they couldn't meet should lose their homes.  Just about everyone who participated in the subprime disaster should carry some level of responsibility in this mess.  Let them lose their houses.  Let them lose their jobs.  Let the companies go out of business.  People acted stupid, and stupid actions should be painful.  These are the consequences, and they rightfully earned them. 

Of course, I do believe that the government owes a bailout to some of the banks out there.  Those banks that were forced to provide loans under mandate by federal legislation for low income communities and affirmative action shouldn't be penalized for following the government's rules.  Of course, that's not nice of me to recognize that.  Madam Queen Czar Hillary might retroactively punish me for my opinion. 

It'll be off to the Re-education Center for you buddy with remarks like that!  How dare you point out lack of personal responsibility!  Where's your compassion?
Title: Re: Sub Prime debacle that is coming......
Post by: Saniflush on March 11, 2008, 02:42:13 PM
Moreover how can you make an accusation about the Federal government mandating something that makes no sense?  Stay where you are.  There are people coming for you now.
Title: Re: Sub Prime debacle that is coming......
Post by: AUTailgatingRules on March 12, 2008, 11:42:45 AM
How about a more rational look at foreclosures acrross the country.  Maybe the "crisis" could be another overblown media attempt to get the Dems elected.  Seems on the whole that the situation is not quite as bad as let on to be.

http://articles.moneycentral.msn.com/Banking/HomeFinancing/ForeclosureCrisisIsOverblown.aspx
Title: Re: Sub Prime debacle that is coming......
Post by: Thrilla on March 13, 2008, 07:20:37 PM
How about a more rational look at foreclosures acrross the country.  Maybe the "crisis" could be another overblown media attempt to get the Dems elected.  Seems on the whole that the situation is not quite as bad as let on to be.

http://articles.moneycentral.msn.com/Banking/HomeFinancing/ForeclosureCrisisIsOverblown.aspx

Two words:   LIBERAL MEDIA
Title: Re: Sub Prime debacle that is coming......
Post by: Buzz Killington on March 17, 2008, 02:35:01 PM
Two words:   LIBERAL MEDIA
Why use an Oxymoron?