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February 14, 2008 at 2:41 PM #11822February 14, 2008 at 2:55 PM #153243DoJCParticipant
What’s next – gamblers in Las Vegas who lose money are going to get government funds to pay off their debts? Sheesh, who would have ever thought that we’d come to a place where anyone would expect the government to step in and not only fix everything, but also foot the bill!
Seems to me that the people who were involved in making this crisis occur should be able to figure out a way out of it. The banks, lenders, realtors, and bond folks all got really creative in finding a way to make money before, why not force them to fix what they created without passing the losses onto the rest of us who were responsible and didn’t cause this mess!!!!!!!!!!!!!!!! AAAAAAAAAAARRRRRRRRRRRRRRGGGGGGGGGGHHHHHHHHHHHHHHHH
– Doug
February 14, 2008 at 2:55 PM #153540DoJCParticipantWhat’s next – gamblers in Las Vegas who lose money are going to get government funds to pay off their debts? Sheesh, who would have ever thought that we’d come to a place where anyone would expect the government to step in and not only fix everything, but also foot the bill!
Seems to me that the people who were involved in making this crisis occur should be able to figure out a way out of it. The banks, lenders, realtors, and bond folks all got really creative in finding a way to make money before, why not force them to fix what they created without passing the losses onto the rest of us who were responsible and didn’t cause this mess!!!!!!!!!!!!!!!! AAAAAAAAAAARRRRRRRRRRRRRRGGGGGGGGGGHHHHHHHHHHHHHHHH
– Doug
February 14, 2008 at 2:55 PM #153532DoJCParticipantWhat’s next – gamblers in Las Vegas who lose money are going to get government funds to pay off their debts? Sheesh, who would have ever thought that we’d come to a place where anyone would expect the government to step in and not only fix everything, but also foot the bill!
Seems to me that the people who were involved in making this crisis occur should be able to figure out a way out of it. The banks, lenders, realtors, and bond folks all got really creative in finding a way to make money before, why not force them to fix what they created without passing the losses onto the rest of us who were responsible and didn’t cause this mess!!!!!!!!!!!!!!!! AAAAAAAAAAARRRRRRRRRRRRRRGGGGGGGGGGHHHHHHHHHHHHHHHH
– Doug
February 14, 2008 at 2:55 PM #153515DoJCParticipantWhat’s next – gamblers in Las Vegas who lose money are going to get government funds to pay off their debts? Sheesh, who would have ever thought that we’d come to a place where anyone would expect the government to step in and not only fix everything, but also foot the bill!
Seems to me that the people who were involved in making this crisis occur should be able to figure out a way out of it. The banks, lenders, realtors, and bond folks all got really creative in finding a way to make money before, why not force them to fix what they created without passing the losses onto the rest of us who were responsible and didn’t cause this mess!!!!!!!!!!!!!!!! AAAAAAAAAAARRRRRRRRRRRRRRGGGGGGGGGGHHHHHHHHHHHHHHHH
– Doug
February 14, 2008 at 2:55 PM #153614DoJCParticipantWhat’s next – gamblers in Las Vegas who lose money are going to get government funds to pay off their debts? Sheesh, who would have ever thought that we’d come to a place where anyone would expect the government to step in and not only fix everything, but also foot the bill!
Seems to me that the people who were involved in making this crisis occur should be able to figure out a way out of it. The banks, lenders, realtors, and bond folks all got really creative in finding a way to make money before, why not force them to fix what they created without passing the losses onto the rest of us who were responsible and didn’t cause this mess!!!!!!!!!!!!!!!! AAAAAAAAAAARRRRRRRRRRRRRRGGGGGGGGGGHHHHHHHHHHHHHHHH
– Doug
February 14, 2008 at 3:23 PM #153520Ex-SDParticipantIf Bernanke, Bush and Congress don’t stop tinkering with the economy, the problem is going to get worse than it otherwise would have. Now, Bernanke has indicated that he’ll keep chopping interest rates………………..WELL, Whoop de doo! When they get them down to zero and the economy is worse than ever, what will they do then? I sit in my home, scratching my head in disbelief that these fools are actually in charge of the USA. It’s truly discouraging for anyone who has acted responsibly, saved their money and now has to watch these fools destroying the value of the U.S. dollar. Did they really believe that homes could just keep appreciating into infinity and that people could miraculously make the payments on these homes? It was as obvious as the nose on your face that people with household incomes of $60k-$70k could not pay for a $600k-$700k home……………….but they gave them loans anyway. So, now they’re defaulting and a whole lot more of them are going to default and they want to throw more crazy solutions that will only make the matter worse. And, how did some of your Congressmen spend their day, today? They grilled Roger Clemens about using steroids years ago.
Congress=Home of the truly stupid.
February 14, 2008 at 3:23 PM #153546Ex-SDParticipantIf Bernanke, Bush and Congress don’t stop tinkering with the economy, the problem is going to get worse than it otherwise would have. Now, Bernanke has indicated that he’ll keep chopping interest rates………………..WELL, Whoop de doo! When they get them down to zero and the economy is worse than ever, what will they do then? I sit in my home, scratching my head in disbelief that these fools are actually in charge of the USA. It’s truly discouraging for anyone who has acted responsibly, saved their money and now has to watch these fools destroying the value of the U.S. dollar. Did they really believe that homes could just keep appreciating into infinity and that people could miraculously make the payments on these homes? It was as obvious as the nose on your face that people with household incomes of $60k-$70k could not pay for a $600k-$700k home……………….but they gave them loans anyway. So, now they’re defaulting and a whole lot more of them are going to default and they want to throw more crazy solutions that will only make the matter worse. And, how did some of your Congressmen spend their day, today? They grilled Roger Clemens about using steroids years ago.
Congress=Home of the truly stupid.
February 14, 2008 at 3:23 PM #153537Ex-SDParticipantIf Bernanke, Bush and Congress don’t stop tinkering with the economy, the problem is going to get worse than it otherwise would have. Now, Bernanke has indicated that he’ll keep chopping interest rates………………..WELL, Whoop de doo! When they get them down to zero and the economy is worse than ever, what will they do then? I sit in my home, scratching my head in disbelief that these fools are actually in charge of the USA. It’s truly discouraging for anyone who has acted responsibly, saved their money and now has to watch these fools destroying the value of the U.S. dollar. Did they really believe that homes could just keep appreciating into infinity and that people could miraculously make the payments on these homes? It was as obvious as the nose on your face that people with household incomes of $60k-$70k could not pay for a $600k-$700k home……………….but they gave them loans anyway. So, now they’re defaulting and a whole lot more of them are going to default and they want to throw more crazy solutions that will only make the matter worse. And, how did some of your Congressmen spend their day, today? They grilled Roger Clemens about using steroids years ago.
Congress=Home of the truly stupid.
February 14, 2008 at 3:23 PM #153619Ex-SDParticipantIf Bernanke, Bush and Congress don’t stop tinkering with the economy, the problem is going to get worse than it otherwise would have. Now, Bernanke has indicated that he’ll keep chopping interest rates………………..WELL, Whoop de doo! When they get them down to zero and the economy is worse than ever, what will they do then? I sit in my home, scratching my head in disbelief that these fools are actually in charge of the USA. It’s truly discouraging for anyone who has acted responsibly, saved their money and now has to watch these fools destroying the value of the U.S. dollar. Did they really believe that homes could just keep appreciating into infinity and that people could miraculously make the payments on these homes? It was as obvious as the nose on your face that people with household incomes of $60k-$70k could not pay for a $600k-$700k home……………….but they gave them loans anyway. So, now they’re defaulting and a whole lot more of them are going to default and they want to throw more crazy solutions that will only make the matter worse. And, how did some of your Congressmen spend their day, today? They grilled Roger Clemens about using steroids years ago.
Congress=Home of the truly stupid.
February 14, 2008 at 3:23 PM #153247Ex-SDParticipantIf Bernanke, Bush and Congress don’t stop tinkering with the economy, the problem is going to get worse than it otherwise would have. Now, Bernanke has indicated that he’ll keep chopping interest rates………………..WELL, Whoop de doo! When they get them down to zero and the economy is worse than ever, what will they do then? I sit in my home, scratching my head in disbelief that these fools are actually in charge of the USA. It’s truly discouraging for anyone who has acted responsibly, saved their money and now has to watch these fools destroying the value of the U.S. dollar. Did they really believe that homes could just keep appreciating into infinity and that people could miraculously make the payments on these homes? It was as obvious as the nose on your face that people with household incomes of $60k-$70k could not pay for a $600k-$700k home……………….but they gave them loans anyway. So, now they’re defaulting and a whole lot more of them are going to default and they want to throw more crazy solutions that will only make the matter worse. And, how did some of your Congressmen spend their day, today? They grilled Roger Clemens about using steroids years ago.
Congress=Home of the truly stupid.
February 14, 2008 at 3:35 PM #153625patientlywaitingParticipantTo be fair, Congress is only trying to provide some “comfort” to the people who “suffered.” It’s like taking medicine when you get a cold. It makes you feel better but you’re really wasting your money.
The laissez-faire attitude of Greenspan and his failure to regulate the financial markets caused more much more harm and got us to the point we are today.
February 14, 2008 at 3:35 PM #153524patientlywaitingParticipantTo be fair, Congress is only trying to provide some “comfort” to the people who “suffered.” It’s like taking medicine when you get a cold. It makes you feel better but you’re really wasting your money.
The laissez-faire attitude of Greenspan and his failure to regulate the financial markets caused more much more harm and got us to the point we are today.
February 14, 2008 at 3:35 PM #153253patientlywaitingParticipantTo be fair, Congress is only trying to provide some “comfort” to the people who “suffered.” It’s like taking medicine when you get a cold. It makes you feel better but you’re really wasting your money.
The laissez-faire attitude of Greenspan and his failure to regulate the financial markets caused more much more harm and got us to the point we are today.
February 14, 2008 at 3:35 PM #153542patientlywaitingParticipantTo be fair, Congress is only trying to provide some “comfort” to the people who “suffered.” It’s like taking medicine when you get a cold. It makes you feel better but you’re really wasting your money.
The laissez-faire attitude of Greenspan and his failure to regulate the financial markets caused more much more harm and got us to the point we are today.
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