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moneymaker.
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July 9, 2008 at 9:49 AM #13232July 9, 2008 at 11:03 AM #235990
EconProf
ParticipantGood gosh, how can people be so stupid? The people now underwater on their foolish loans seem to have two things in common: inability to control their spending appetites as fueled by advertising, and a mind-boggling economic illiteracy. Add in short-term instant gratification mentality and a failure to plan for the long term.
Where are the public schools in teaching these people the financial facts of life.
About the only positive element of the proposed housing bailout bill is a small part that would teach the bailee how to not get into trouble again. Better late than never.July 9, 2008 at 11:03 AM #236184EconProf
ParticipantGood gosh, how can people be so stupid? The people now underwater on their foolish loans seem to have two things in common: inability to control their spending appetites as fueled by advertising, and a mind-boggling economic illiteracy. Add in short-term instant gratification mentality and a failure to plan for the long term.
Where are the public schools in teaching these people the financial facts of life.
About the only positive element of the proposed housing bailout bill is a small part that would teach the bailee how to not get into trouble again. Better late than never.July 9, 2008 at 11:03 AM #236173EconProf
ParticipantGood gosh, how can people be so stupid? The people now underwater on their foolish loans seem to have two things in common: inability to control their spending appetites as fueled by advertising, and a mind-boggling economic illiteracy. Add in short-term instant gratification mentality and a failure to plan for the long term.
Where are the public schools in teaching these people the financial facts of life.
About the only positive element of the proposed housing bailout bill is a small part that would teach the bailee how to not get into trouble again. Better late than never.July 9, 2008 at 11:03 AM #236116EconProf
ParticipantGood gosh, how can people be so stupid? The people now underwater on their foolish loans seem to have two things in common: inability to control their spending appetites as fueled by advertising, and a mind-boggling economic illiteracy. Add in short-term instant gratification mentality and a failure to plan for the long term.
Where are the public schools in teaching these people the financial facts of life.
About the only positive element of the proposed housing bailout bill is a small part that would teach the bailee how to not get into trouble again. Better late than never.July 9, 2008 at 11:03 AM #236127EconProf
ParticipantGood gosh, how can people be so stupid? The people now underwater on their foolish loans seem to have two things in common: inability to control their spending appetites as fueled by advertising, and a mind-boggling economic illiteracy. Add in short-term instant gratification mentality and a failure to plan for the long term.
Where are the public schools in teaching these people the financial facts of life.
About the only positive element of the proposed housing bailout bill is a small part that would teach the bailee how to not get into trouble again. Better late than never.July 9, 2008 at 11:25 AM #236209jpinpb
ParticipantI’m just more impressed w/the high percentage that did subprime, and it wasn’t just purchasing new houses. They were people who had houses paid off or people who had owned their homes for a long time.
July 9, 2008 at 11:25 AM #236198jpinpb
ParticipantI’m just more impressed w/the high percentage that did subprime, and it wasn’t just purchasing new houses. They were people who had houses paid off or people who had owned their homes for a long time.
July 9, 2008 at 11:25 AM #236152jpinpb
ParticipantI’m just more impressed w/the high percentage that did subprime, and it wasn’t just purchasing new houses. They were people who had houses paid off or people who had owned their homes for a long time.
July 9, 2008 at 11:25 AM #236015jpinpb
ParticipantI’m just more impressed w/the high percentage that did subprime, and it wasn’t just purchasing new houses. They were people who had houses paid off or people who had owned their homes for a long time.
July 9, 2008 at 11:25 AM #236141jpinpb
ParticipantI’m just more impressed w/the high percentage that did subprime, and it wasn’t just purchasing new houses. They were people who had houses paid off or people who had owned their homes for a long time.
July 9, 2008 at 11:43 AM #236166gdcox
ParticipantEconProf. You undermine your name. Economics 101 tells you that the market only works well if all have full information. Pres Bush’ veto of Federal legislation controlling mortgage brokers about 6 years ago guaranteed that people like this would get misleading hard to understand papers.
July 9, 2008 at 11:43 AM #236177gdcox
ParticipantEconProf. You undermine your name. Economics 101 tells you that the market only works well if all have full information. Pres Bush’ veto of Federal legislation controlling mortgage brokers about 6 years ago guaranteed that people like this would get misleading hard to understand papers.
July 9, 2008 at 11:43 AM #236235gdcox
ParticipantEconProf. You undermine your name. Economics 101 tells you that the market only works well if all have full information. Pres Bush’ veto of Federal legislation controlling mortgage brokers about 6 years ago guaranteed that people like this would get misleading hard to understand papers.
July 9, 2008 at 11:43 AM #236223gdcox
ParticipantEconProf. You undermine your name. Economics 101 tells you that the market only works well if all have full information. Pres Bush’ veto of Federal legislation controlling mortgage brokers about 6 years ago guaranteed that people like this would get misleading hard to understand papers.
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