Quote:
Originally Posted by Elphaba
The problem with this is they bought these expensive homes thinking they were an investment, and why should they have thought otherwise?
My husband and I bought our home with one of these loans. When we sold it, we made a $50,000 gross profit, on paper anyway. We benefitted from one of these loans.
Millions of people benefitted from these loans. They were told a $300,000 homes was a better investment than a $90,000 home, and for a long time they were right.
I realize there is blame to share, but this incessant "why should I pay for your stupidity," ignores the real culprits.
I don't blame people for not wanting to pay for other people's mistakes. I get that. It's that their anger, and rage, is directed at the, for the most part, innocent people.
These people didn't want to fleece anyone. They didn't do this on purpose, and it is mean-spirited to keep at them when they are just decent people who were misled, and are in trouble right now.
Elphaba
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It was 8 years of letting big business run this country unbrideled; to me it just seems awfully funny how myself along with millions of others; {
across the world} saw this coming 7 years ago; the little working family in this country could only be robbed so much; then there is no more; this is what happened to our economy; big business, {with bush supporting them} simply do not understand that there big profits come from people working and buying products; not from cheating every last dime out of the downtrodden and little person whom scrapes by in this world; they have the mentality of; "well; if we give more money to big business; then big business hires more workers"." It simply does not work this way! the worker needs the money to be able to support the big business; they take everything from us;... they fail too; I think an awfull lot of them have figured this out as of late; but unfortunately there are still some whom just dont get it and probably never will. Thank God we now have someone in the white house whom has the guts to stop kissing A## and is actually keeping his campaign promises to the average american citizen.
