[quote=Allan from Fallbrook]Russ: Now, that’s some diabolical shit there! Yeah, who needs more oversight and regulation, right? We did away with all those nefarious schemes in the ’08 crash.
Damn. This shit just never stops, does it?[/quote]
We all know the banks and the Gov. are corrupt together. Maybe,it is a primitive sense of competition maybe it is idealism but I prefer my relative equal, the FB, does not get head of the line priveleges for the nations resources in a corrupt deal that hurts tax payers and inflates real estate.
The competition part may be simple jealousy. I busted my butt and sacrificed on fun and games to have a relatively tiny mortgage and a rental that will cash flow. I hate to see some FB-hyper- consumers get a huge get out of jail free card passed to them.(even though I might like these neighbors otherwise).I do know some people are just so nice you want them to get all the breaks, but many were just blowhard hyper-consumers.
On the idealism front, I like the people against the gov. and the banks ,rather than the people against the gov. , banks and some of people. We will have been even further divided and conquered, by various consequences of debt when a large percentage of the population is rewarded in a big way for screwing it up. This is especially bothersome when contrasted with the actual suffering of sick lame and crazies, or much more responsible people who have problems but won’t fall under any “rescue” package and may have to liquidate real assets at substantial losses to get through this “crisis”, while the FB’s and crooks get breaks and eat up the nations capacity for charity or other safety nets, like employment and a relatively stable economy.
Anyway as far as financial advise to FB’S go, just hang in there for another few months. Keep kicking and screaming at anyone you can and you will probably get a load taken off.Congratulations in advance.