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Rt.66.
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December 31, 2009 at 6:37 PM #498874December 31, 2009 at 7:49 PM #498786
creechrr
Participant[quote=sdrealtor]davelj hit the nail on the head. Like it or not it benefits existing homewoners more than anyone and they are the majority. I’m not saying its right either but I think ca r has the right idea to try to learn from this. Doing otherwise is pissing into the wind.[/quote]
I get that but, it’s contrary to the “values” I was taught growing up. Some of which we here on a regular basis as American values.
– Hard work
– Self Reliance
– A penny saved is a penny earnedon and on.
Seems more like in it’s, screw others before they screw unto you.
Message received loud and clear. I’m a quick study.
December 31, 2009 at 7:49 PM #499125creechrr
Participant[quote=sdrealtor]davelj hit the nail on the head. Like it or not it benefits existing homewoners more than anyone and they are the majority. I’m not saying its right either but I think ca r has the right idea to try to learn from this. Doing otherwise is pissing into the wind.[/quote]
I get that but, it’s contrary to the “values” I was taught growing up. Some of which we here on a regular basis as American values.
– Hard work
– Self Reliance
– A penny saved is a penny earnedon and on.
Seems more like in it’s, screw others before they screw unto you.
Message received loud and clear. I’m a quick study.
December 31, 2009 at 7:49 PM #498242creechrr
Participant[quote=sdrealtor]davelj hit the nail on the head. Like it or not it benefits existing homewoners more than anyone and they are the majority. I’m not saying its right either but I think ca r has the right idea to try to learn from this. Doing otherwise is pissing into the wind.[/quote]
I get that but, it’s contrary to the “values” I was taught growing up. Some of which we here on a regular basis as American values.
– Hard work
– Self Reliance
– A penny saved is a penny earnedon and on.
Seems more like in it’s, screw others before they screw unto you.
Message received loud and clear. I’m a quick study.
December 31, 2009 at 7:49 PM #498394creechrr
Participant[quote=sdrealtor]davelj hit the nail on the head. Like it or not it benefits existing homewoners more than anyone and they are the majority. I’m not saying its right either but I think ca r has the right idea to try to learn from this. Doing otherwise is pissing into the wind.[/quote]
I get that but, it’s contrary to the “values” I was taught growing up. Some of which we here on a regular basis as American values.
– Hard work
– Self Reliance
– A penny saved is a penny earnedon and on.
Seems more like in it’s, screw others before they screw unto you.
Message received loud and clear. I’m a quick study.
December 31, 2009 at 7:49 PM #498879creechrr
Participant[quote=sdrealtor]davelj hit the nail on the head. Like it or not it benefits existing homewoners more than anyone and they are the majority. I’m not saying its right either but I think ca r has the right idea to try to learn from this. Doing otherwise is pissing into the wind.[/quote]
I get that but, it’s contrary to the “values” I was taught growing up. Some of which we here on a regular basis as American values.
– Hard work
– Self Reliance
– A penny saved is a penny earnedon and on.
Seems more like in it’s, screw others before they screw unto you.
Message received loud and clear. I’m a quick study.
December 31, 2009 at 8:11 PM #499130Casca
Participant[quote=creechrr]I feel more like a sucker every day. All this time I thought I was being smart by not getting in over my head. Jokes on me.[/quote]
You think you feel like a sucker now? Just wait until inflation ignites, and destroys everything you’ve saved, all the while rescuing every jackass mortgaged to his eyeballs.
December 31, 2009 at 8:11 PM #498247Casca
Participant[quote=creechrr]I feel more like a sucker every day. All this time I thought I was being smart by not getting in over my head. Jokes on me.[/quote]
You think you feel like a sucker now? Just wait until inflation ignites, and destroys everything you’ve saved, all the while rescuing every jackass mortgaged to his eyeballs.
December 31, 2009 at 8:11 PM #498884Casca
Participant[quote=creechrr]I feel more like a sucker every day. All this time I thought I was being smart by not getting in over my head. Jokes on me.[/quote]
You think you feel like a sucker now? Just wait until inflation ignites, and destroys everything you’ve saved, all the while rescuing every jackass mortgaged to his eyeballs.
December 31, 2009 at 8:11 PM #498791Casca
Participant[quote=creechrr]I feel more like a sucker every day. All this time I thought I was being smart by not getting in over my head. Jokes on me.[/quote]
You think you feel like a sucker now? Just wait until inflation ignites, and destroys everything you’ve saved, all the while rescuing every jackass mortgaged to his eyeballs.
December 31, 2009 at 8:11 PM #498399Casca
Participant[quote=creechrr]I feel more like a sucker every day. All this time I thought I was being smart by not getting in over my head. Jokes on me.[/quote]
You think you feel like a sucker now? Just wait until inflation ignites, and destroys everything you’ve saved, all the while rescuing every jackass mortgaged to his eyeballs.
December 31, 2009 at 9:27 PM #498894EconProf
ParticipantIf we can step down from the anger we all feel from the bubble and its inevitable popping, there may be a degree of resolution and, almost, justice in this outcome.
It’s been said that the whole mania involved stupid lenders making stupid loans to stupid people. Here the borrower is going to suffer since he is coughing up a lot of money from foolishly buying into the bubble mentality and is presumably a net loser even after paying only 25% of his 2d. The foolish lender will really take a haircut, and we piggs are happy to see he presumably did not sell the loan. And if he bought it from the originator he still deserves his fate for lack of due diligence.
Correct me if I am wrong, but don’t see any taxpayer money involved here. It is just possible that the guilty/foolish parties are the losers.December 31, 2009 at 9:27 PM #498801EconProf
ParticipantIf we can step down from the anger we all feel from the bubble and its inevitable popping, there may be a degree of resolution and, almost, justice in this outcome.
It’s been said that the whole mania involved stupid lenders making stupid loans to stupid people. Here the borrower is going to suffer since he is coughing up a lot of money from foolishly buying into the bubble mentality and is presumably a net loser even after paying only 25% of his 2d. The foolish lender will really take a haircut, and we piggs are happy to see he presumably did not sell the loan. And if he bought it from the originator he still deserves his fate for lack of due diligence.
Correct me if I am wrong, but don’t see any taxpayer money involved here. It is just possible that the guilty/foolish parties are the losers.December 31, 2009 at 9:27 PM #498409EconProf
ParticipantIf we can step down from the anger we all feel from the bubble and its inevitable popping, there may be a degree of resolution and, almost, justice in this outcome.
It’s been said that the whole mania involved stupid lenders making stupid loans to stupid people. Here the borrower is going to suffer since he is coughing up a lot of money from foolishly buying into the bubble mentality and is presumably a net loser even after paying only 25% of his 2d. The foolish lender will really take a haircut, and we piggs are happy to see he presumably did not sell the loan. And if he bought it from the originator he still deserves his fate for lack of due diligence.
Correct me if I am wrong, but don’t see any taxpayer money involved here. It is just possible that the guilty/foolish parties are the losers.December 31, 2009 at 9:27 PM #499140EconProf
ParticipantIf we can step down from the anger we all feel from the bubble and its inevitable popping, there may be a degree of resolution and, almost, justice in this outcome.
It’s been said that the whole mania involved stupid lenders making stupid loans to stupid people. Here the borrower is going to suffer since he is coughing up a lot of money from foolishly buying into the bubble mentality and is presumably a net loser even after paying only 25% of his 2d. The foolish lender will really take a haircut, and we piggs are happy to see he presumably did not sell the loan. And if he bought it from the originator he still deserves his fate for lack of due diligence.
Correct me if I am wrong, but don’t see any taxpayer money involved here. It is just possible that the guilty/foolish parties are the losers. -
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