Home › Forums › Financial Markets/Economics › Free bank living – the HELOC replacement
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Huckleberry.
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June 3, 2010 at 9:28 AM #560021June 3, 2010 at 9:36 AM #559046
briansd1
Guest[quote=davelj] Now, I’d rather not be bailing them out – let’s be clear – but in the whole scheme of things… life goes on. Living well is the best revenge if you’re feeling like a chump. I guess EVERYONE’s been victimized in this crisis: borrowers (by irresponsible lenders), lenders (by irresponsible borrowers), renters (by irresponsible lenders and borrowers), etc. etc. How convenient for everyone… everyone gets to claim victim status (well, except for Goldman Sachs… and they’re trying!).[/quote]
I wholeheartedly agree with you. Life goes on.
In my view, the bailouts are so that life can go on for the majority of us, in the way of life we were accustomed to.
A collapse of the financial system would have opened a Pandora’s box with no predictable desirable results.
June 3, 2010 at 9:36 AM #559148briansd1
Guest[quote=davelj] Now, I’d rather not be bailing them out – let’s be clear – but in the whole scheme of things… life goes on. Living well is the best revenge if you’re feeling like a chump. I guess EVERYONE’s been victimized in this crisis: borrowers (by irresponsible lenders), lenders (by irresponsible borrowers), renters (by irresponsible lenders and borrowers), etc. etc. How convenient for everyone… everyone gets to claim victim status (well, except for Goldman Sachs… and they’re trying!).[/quote]
I wholeheartedly agree with you. Life goes on.
In my view, the bailouts are so that life can go on for the majority of us, in the way of life we were accustomed to.
A collapse of the financial system would have opened a Pandora’s box with no predictable desirable results.
June 3, 2010 at 9:36 AM #559647briansd1
Guest[quote=davelj] Now, I’d rather not be bailing them out – let’s be clear – but in the whole scheme of things… life goes on. Living well is the best revenge if you’re feeling like a chump. I guess EVERYONE’s been victimized in this crisis: borrowers (by irresponsible lenders), lenders (by irresponsible borrowers), renters (by irresponsible lenders and borrowers), etc. etc. How convenient for everyone… everyone gets to claim victim status (well, except for Goldman Sachs… and they’re trying!).[/quote]
I wholeheartedly agree with you. Life goes on.
In my view, the bailouts are so that life can go on for the majority of us, in the way of life we were accustomed to.
A collapse of the financial system would have opened a Pandora’s box with no predictable desirable results.
June 3, 2010 at 9:36 AM #559749briansd1
Guest[quote=davelj] Now, I’d rather not be bailing them out – let’s be clear – but in the whole scheme of things… life goes on. Living well is the best revenge if you’re feeling like a chump. I guess EVERYONE’s been victimized in this crisis: borrowers (by irresponsible lenders), lenders (by irresponsible borrowers), renters (by irresponsible lenders and borrowers), etc. etc. How convenient for everyone… everyone gets to claim victim status (well, except for Goldman Sachs… and they’re trying!).[/quote]
I wholeheartedly agree with you. Life goes on.
In my view, the bailouts are so that life can go on for the majority of us, in the way of life we were accustomed to.
A collapse of the financial system would have opened a Pandora’s box with no predictable desirable results.
June 3, 2010 at 9:36 AM #560031briansd1
Guest[quote=davelj] Now, I’d rather not be bailing them out – let’s be clear – but in the whole scheme of things… life goes on. Living well is the best revenge if you’re feeling like a chump. I guess EVERYONE’s been victimized in this crisis: borrowers (by irresponsible lenders), lenders (by irresponsible borrowers), renters (by irresponsible lenders and borrowers), etc. etc. How convenient for everyone… everyone gets to claim victim status (well, except for Goldman Sachs… and they’re trying!).[/quote]
I wholeheartedly agree with you. Life goes on.
In my view, the bailouts are so that life can go on for the majority of us, in the way of life we were accustomed to.
A collapse of the financial system would have opened a Pandora’s box with no predictable desirable results.
June 3, 2010 at 11:35 AM #559091Arraya
Participant[quote=Russell]What’s doing the holding back the morality or the moralizing and obsession with deadbeats and deadbeatism? This chump stuff sets off the bs detector big time, partly because I sometimes wallow in it. Amongst the ordinary people like us and the fb’s, the ones that are living well, with the most choices and fewest worries, are responsible.
There are a few fb’s that got bailed out by parents who get to go on living large, support their kids to college, retire well.Maybe some moved up with MEW on multiple properties that they won’t pay back, but most FB’s don’t have all those things most of us want in life, relative to people who lived within their means, worked for it and paid their own way.For the most part, at best, starting in this moment, they are getting a house at todays prices with no equity. I don’t see how the responsible people I know are chumps compared to that?[/quote]
Deadbeats are the new Jew of the financial holocaust. As things deteriorate they will be blasted from their “free rent” bunkers by roving hoards of angry piggingtonians — when we have a 35% unemployment rate, 10 of millions living for free and no homes being foreclosed upon with prices still not coming down.
The excuse will be to purge the country of inferior financial genetics as to restore economic purity to the once great nation.
Increasingly cruel punishments will be distributed if it is found that illegal immigrant are found living in abandon homes.
June 3, 2010 at 11:35 AM #559193Arraya
Participant[quote=Russell]What’s doing the holding back the morality or the moralizing and obsession with deadbeats and deadbeatism? This chump stuff sets off the bs detector big time, partly because I sometimes wallow in it. Amongst the ordinary people like us and the fb’s, the ones that are living well, with the most choices and fewest worries, are responsible.
There are a few fb’s that got bailed out by parents who get to go on living large, support their kids to college, retire well.Maybe some moved up with MEW on multiple properties that they won’t pay back, but most FB’s don’t have all those things most of us want in life, relative to people who lived within their means, worked for it and paid their own way.For the most part, at best, starting in this moment, they are getting a house at todays prices with no equity. I don’t see how the responsible people I know are chumps compared to that?[/quote]
Deadbeats are the new Jew of the financial holocaust. As things deteriorate they will be blasted from their “free rent” bunkers by roving hoards of angry piggingtonians — when we have a 35% unemployment rate, 10 of millions living for free and no homes being foreclosed upon with prices still not coming down.
The excuse will be to purge the country of inferior financial genetics as to restore economic purity to the once great nation.
Increasingly cruel punishments will be distributed if it is found that illegal immigrant are found living in abandon homes.
June 3, 2010 at 11:35 AM #559690Arraya
Participant[quote=Russell]What’s doing the holding back the morality or the moralizing and obsession with deadbeats and deadbeatism? This chump stuff sets off the bs detector big time, partly because I sometimes wallow in it. Amongst the ordinary people like us and the fb’s, the ones that are living well, with the most choices and fewest worries, are responsible.
There are a few fb’s that got bailed out by parents who get to go on living large, support their kids to college, retire well.Maybe some moved up with MEW on multiple properties that they won’t pay back, but most FB’s don’t have all those things most of us want in life, relative to people who lived within their means, worked for it and paid their own way.For the most part, at best, starting in this moment, they are getting a house at todays prices with no equity. I don’t see how the responsible people I know are chumps compared to that?[/quote]
Deadbeats are the new Jew of the financial holocaust. As things deteriorate they will be blasted from their “free rent” bunkers by roving hoards of angry piggingtonians — when we have a 35% unemployment rate, 10 of millions living for free and no homes being foreclosed upon with prices still not coming down.
The excuse will be to purge the country of inferior financial genetics as to restore economic purity to the once great nation.
Increasingly cruel punishments will be distributed if it is found that illegal immigrant are found living in abandon homes.
June 3, 2010 at 11:35 AM #559793Arraya
Participant[quote=Russell]What’s doing the holding back the morality or the moralizing and obsession with deadbeats and deadbeatism? This chump stuff sets off the bs detector big time, partly because I sometimes wallow in it. Amongst the ordinary people like us and the fb’s, the ones that are living well, with the most choices and fewest worries, are responsible.
There are a few fb’s that got bailed out by parents who get to go on living large, support their kids to college, retire well.Maybe some moved up with MEW on multiple properties that they won’t pay back, but most FB’s don’t have all those things most of us want in life, relative to people who lived within their means, worked for it and paid their own way.For the most part, at best, starting in this moment, they are getting a house at todays prices with no equity. I don’t see how the responsible people I know are chumps compared to that?[/quote]
Deadbeats are the new Jew of the financial holocaust. As things deteriorate they will be blasted from their “free rent” bunkers by roving hoards of angry piggingtonians — when we have a 35% unemployment rate, 10 of millions living for free and no homes being foreclosed upon with prices still not coming down.
The excuse will be to purge the country of inferior financial genetics as to restore economic purity to the once great nation.
Increasingly cruel punishments will be distributed if it is found that illegal immigrant are found living in abandon homes.
June 3, 2010 at 11:35 AM #560076Arraya
Participant[quote=Russell]What’s doing the holding back the morality or the moralizing and obsession with deadbeats and deadbeatism? This chump stuff sets off the bs detector big time, partly because I sometimes wallow in it. Amongst the ordinary people like us and the fb’s, the ones that are living well, with the most choices and fewest worries, are responsible.
There are a few fb’s that got bailed out by parents who get to go on living large, support their kids to college, retire well.Maybe some moved up with MEW on multiple properties that they won’t pay back, but most FB’s don’t have all those things most of us want in life, relative to people who lived within their means, worked for it and paid their own way.For the most part, at best, starting in this moment, they are getting a house at todays prices with no equity. I don’t see how the responsible people I know are chumps compared to that?[/quote]
Deadbeats are the new Jew of the financial holocaust. As things deteriorate they will be blasted from their “free rent” bunkers by roving hoards of angry piggingtonians — when we have a 35% unemployment rate, 10 of millions living for free and no homes being foreclosed upon with prices still not coming down.
The excuse will be to purge the country of inferior financial genetics as to restore economic purity to the once great nation.
Increasingly cruel punishments will be distributed if it is found that illegal immigrant are found living in abandon homes.
June 3, 2010 at 11:53 AM #559101sd_matt
Participant[quote=jpinpb][quote=Nor-LA-SD-guy]So lets hear it, be honest, who else here feels like a chump for not buying that Ocean view McMansion with an option arm that just reset or will reset in the next few years,
I know I do..[/quote]
X2[/quote]
More and more every day
June 3, 2010 at 11:53 AM #559203sd_matt
Participant[quote=jpinpb][quote=Nor-LA-SD-guy]So lets hear it, be honest, who else here feels like a chump for not buying that Ocean view McMansion with an option arm that just reset or will reset in the next few years,
I know I do..[/quote]
X2[/quote]
More and more every day
June 3, 2010 at 11:53 AM #559700sd_matt
Participant[quote=jpinpb][quote=Nor-LA-SD-guy]So lets hear it, be honest, who else here feels like a chump for not buying that Ocean view McMansion with an option arm that just reset or will reset in the next few years,
I know I do..[/quote]
X2[/quote]
More and more every day
June 3, 2010 at 11:53 AM #559803sd_matt
Participant[quote=jpinpb][quote=Nor-LA-SD-guy]So lets hear it, be honest, who else here feels like a chump for not buying that Ocean view McMansion with an option arm that just reset or will reset in the next few years,
I know I do..[/quote]
X2[/quote]
More and more every day
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