Mon Jan 14, 2013, 09:09 PM
TalkingDog (9,001 posts)
4 replies, 1204 views
Response to TalkingDog (Original post)
Tue Jan 15, 2013, 04:46 PM
JDPriestly (57,936 posts)
3. BIG, SUPER-SIZED DU REC.
And while we are buggering them, let's get them to explain why they kept giving loans when any fool with an internet connection and the ability to count could see that wages were not rising to match the prices of homes.
That was a colossal crime. They were playing with public money, and they had to know it.
They hire economists. How could they have ignored the danger to our nation when we had increasing housing prices and flat-lining wages?
Isn't that criminal neglect? Such an obvious problem.
Response to JDPriestly (Reply #3)
Tue Jan 15, 2013, 06:49 PM
MrMickeysMom (20,453 posts)
4. It IS criminal neglect...
... sanctioned by an administration who, as I recall was going respond to MAIN St., not criminals on WALL Steet.
Speaking from the bottom of where all this lack of response trickles down, which is local govt., we are left to balance impossible budgets and cut services because, in large part to the shrunken credit market. Banks won't ease credit, but they can sure borrow for 0% interest and leverage themselves out the ying-yang, thanks to the public who bailed them out and got NOTHING in return.
Talk about buggered...