Real Men of Genius in the OC: Lou Pacific RE Consultant

[JWM in SD]

Matt Padilla had the following article at the OC Register from yesterday:”Banks Thinly Capitalized, May Lend Less.”
http://mortgage.freedomblogging.com/2008/04/09/biggest-banks-thinly-capitalized-may-lend-less/

Here is the very first comment in the thread from Lou”

“This exact reason, over regulation, is why sub prime loans came into existence. This is also why we need hedge funds and basically unregulated money from private investors to help the real estate market rebound.”

Lou Pacific
Real Estate and Mortgage Company Consultant
Serving OC for 30 Years

Serving?? More like indebting OC for 30 years.

So does anyone here still wonder why I have such disdain and complete distrust for most of those in the REIC?????

These people have ruined our financial system…do not take that lightly.

[Author]

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