[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
[quote=aldante]What the hell am I supposed to do now? Over pay some ahole for his overpriced home…not pay the mortgage and get it paid for freee?
Obama can S**k my D***[/quote]
This is exactly the message they are sending to those of us who’ve been renting and waiting for prices to get back to normal (pre credit bubble) levels.
This is the moral hazard issue we’ve been talking about all these years. If you bail out yesterday’s FBs, how can they not bail out tomorrow’s FBs (and there will be more and more FBs in the future because the precedent has been set).
