Requiring large down payments is the key

[briansd1]

patientrenter, our society doesn’t want us to become independent and self-sufficient.

Our society wants us all to be part of the rat-race and spin the wheel. We need to forever work to feed the beast.

As an individual, all you can do is learn to profit from the system yourself, while at the same time work to disconnect yourself from the machine so that you can achieve your own happiness.

There won’t be a change until a large enough number of people start saying NO MORE.

[UCGal]

I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.

[UCGal]

I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.

[UCGal]

I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.

[UCGal]

I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.

[UCGal]

I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.

[patientrenter]

[quote=UCGal]I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.[/quote]

There’s no ‘fixing’ the current mess. We just have to take the losses and get on with it. Unfortunately, a lot of people with political power are trying to use that power to get someone else to take their losses.

[patientrenter]

[quote=UCGal]I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.[/quote]

There’s no ‘fixing’ the current mess. We just have to take the losses and get on with it. Unfortunately, a lot of people with political power are trying to use that power to get someone else to take their losses.

[patientrenter]

[quote=UCGal]I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.[/quote]

There’s no ‘fixing’ the current mess. We just have to take the losses and get on with it. Unfortunately, a lot of people with political power are trying to use that power to get someone else to take their losses.

[patientrenter]

[quote=UCGal]I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.[/quote]

There’s no ‘fixing’ the current mess. We just have to take the losses and get on with it. Unfortunately, a lot of people with political power are trying to use that power to get someone else to take their losses.

[patientrenter]

[quote=UCGal]I agree that things worked much better when larger downpayments were the norm. But just instituting that rule, going forward, won’t fix the current mess. The current mess needs to be unwound before we’ll be out of it. Unfortunately, the loan mods and other “fixes” for current underwater mortgagees is just an attempt to kick the can down the road.[/quote]

There’s no ‘fixing’ the current mess. We just have to take the losses and get on with it. Unfortunately, a lot of people with political power are trying to use that power to get someone else to take their losses.

[Author]

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