The Big Daddy C-Master
Big Daddy
Living life to the fullest, and it feels great.
I'm still here... for now...
Posts: 26,387
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Post by The Big Daddy C-Master on Aug 1, 2015 9:03:52 GMT -5
The prophecy people ignored.
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The Big Daddy C-Master
Big Daddy
Living life to the fullest, and it feels great.
I'm still here... for now...
Posts: 26,387
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Post by The Big Daddy C-Master on Aug 6, 2015 6:24:20 GMT -5
Bump.
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Post by JACK-2 on Aug 11, 2015 15:01:58 GMT -5
The individuals who allowed Ninja loans. That is you could get financing for a loan with no: Credit, no assets, and no jobs. Should be in jail. How something so grossly immoral was allowed to happen beggars belief.
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The Big Daddy C-Master
Big Daddy
Living life to the fullest, and it feels great.
I'm still here... for now...
Posts: 26,387
|
Post by The Big Daddy C-Master on Aug 11, 2015 15:51:43 GMT -5
The individuals who allowed Ninja loans. That is you could get financing for a loan with no: Credit, no assets, and no jobs. Should be in jail. How something so grossly immoral was allowed to happen beggars belief. It was allowed through government mandate since they decided to force others into giving loans to losers because "everyone deserves a house because it's good for the community". This is what I mean about owning a house. People don't "need" it and don't deserve it if they can't afford it. Free markets prevent this by the fear of loss. Why would a person purposefully loan money to a person who can't pay it back and it's a guaranteed loss? Government backstops and printing money allowed this. That's why socialism is bad.
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