Actually, voting for Romney might be better. Less “consumer financial protection” nonsense, and he supports quick foreclosures and kicking the bums out.
i.e. a bank would be happy to lend at say prime +2% to less qualified people if they know they can foreclose within 6 months if payments aren’t made.[/quote]
That’s a crappy thing to do to people, although it’s not like people are held at gunpoint to take out ridiculous loans.
You know it’s just funny that sub-prime loans are back… GM/Ford/Chrysler sales numbers all look great…Because a good portion of new car sales are all subprime again…And those people are going to get screwed again in a few years ago…..We (americans) never learn..
