[danielwis]

I believe that when you enter into a financial agreement, you have an obligation to pay that debt. That is how I was raised.

However, I would not fault anyone from walking away from a severely depressed property. The banks knew that they were writing loans that were going to head south. Some (Goldman Sachs) even shorted those same loan products at the same time they were writing them. By doing so, they doomed the real estate industry to its eventual fate, not just the sub-prime borrowers that were unlikely to meet these loan obligations.

When enter into an agreement with a dishonest or fraudulent entity, the entire equation changes, IMO.

[danielwis]

I believe that when you enter into a financial agreement, you have an obligation to pay that debt. That is how I was raised.

However, I would not fault anyone from walking away from a severely depressed property. The banks knew that they were writing loans that were going to head south. Some (Goldman Sachs) even shorted those same loan products at the same time they were writing them. By doing so, they doomed the real estate industry to its eventual fate, not just the sub-prime borrowers that were unlikely to meet these loan obligations.

When enter into an agreement with a dishonest or fraudulent entity, the entire equation changes, IMO.

[danielwis]

I believe that when you enter into a financial agreement, you have an obligation to pay that debt. That is how I was raised.

However, I would not fault anyone from walking away from a severely depressed property. The banks knew that they were writing loans that were going to head south. Some (Goldman Sachs) even shorted those same loan products at the same time they were writing them. By doing so, they doomed the real estate industry to its eventual fate, not just the sub-prime borrowers that were unlikely to meet these loan obligations.

When enter into an agreement with a dishonest or fraudulent entity, the entire equation changes, IMO.

[danielwis]

I believe that when you enter into a financial agreement, you have an obligation to pay that debt. That is how I was raised.

However, I would not fault anyone from walking away from a severely depressed property. The banks knew that they were writing loans that were going to head south. Some (Goldman Sachs) even shorted those same loan products at the same time they were writing them. By doing so, they doomed the real estate industry to its eventual fate, not just the sub-prime borrowers that were unlikely to meet these loan obligations.

When enter into an agreement with a dishonest or fraudulent entity, the entire equation changes, IMO.

[danielwis]

I believe that when you enter into a financial agreement, you have an obligation to pay that debt. That is how I was raised.

However, I would not fault anyone from walking away from a severely depressed property. The banks knew that they were writing loans that were going to head south. Some (Goldman Sachs) even shorted those same loan products at the same time they were writing them. By doing so, they doomed the real estate industry to its eventual fate, not just the sub-prime borrowers that were unlikely to meet these loan obligations.

When enter into an agreement with a dishonest or fraudulent entity, the entire equation changes, IMO.

[danielwis]

Bush was not a conservative by any means? Fall guy much?

How about admitting that Republicans are not conservative by any means. Oh, I take that back. They’re conservative when it comes to Terry Shiavo and who sleeps with who, but with the countries check book, its a free for all. Sad but true.

[danielwis]

Bush was not a conservative by any means? Fall guy much?

How about admitting that Republicans are not conservative by any means. Oh, I take that back. They’re conservative when it comes to Terry Shiavo and who sleeps with who, but with the countries check book, its a free for all. Sad but true.

[danielwis]

Bush was not a conservative by any means? Fall guy much?

How about admitting that Republicans are not conservative by any means. Oh, I take that back. They’re conservative when it comes to Terry Shiavo and who sleeps with who, but with the countries check book, its a free for all. Sad but true.

[danielwis]

Bush was not a conservative by any means? Fall guy much?

How about admitting that Republicans are not conservative by any means. Oh, I take that back. They’re conservative when it comes to Terry Shiavo and who sleeps with who, but with the countries check book, its a free for all. Sad but true.

[danielwis]

Bush was not a conservative by any means? Fall guy much?

How about admitting that Republicans are not conservative by any means. Oh, I take that back. They’re conservative when it comes to Terry Shiavo and who sleeps with who, but with the countries check book, its a free for all. Sad but true.

[danielwis]

I blame Bush and the Republicans. When you over spend when times are good, while at the same time cutting taxes, thus growing the deficit, you leave no room for when times are bad. That’s what Bush and the Republicans did. They ran the thing into the shit hole, after inheriting a budget surplus, and then claimed that democrats spent too much fixing the god awful mess they left. They drive the car in the ditch, and then bitch that democrats paid too much and took too long to pull it out. Pick your analogy. Its the same old crap.

[danielwis]

I blame Bush and the Republicans. When you over spend when times are good, while at the same time cutting taxes, thus growing the deficit, you leave no room for when times are bad. That’s what Bush and the Republicans did. They ran the thing into the shit hole, after inheriting a budget surplus, and then claimed that democrats spent too much fixing the god awful mess they left. They drive the car in the ditch, and then bitch that democrats paid too much and took too long to pull it out. Pick your analogy. Its the same old crap.

[danielwis]

I blame Bush and the Republicans. When you over spend when times are good, while at the same time cutting taxes, thus growing the deficit, you leave no room for when times are bad. That’s what Bush and the Republicans did. They ran the thing into the shit hole, after inheriting a budget surplus, and then claimed that democrats spent too much fixing the god awful mess they left. They drive the car in the ditch, and then bitch that democrats paid too much and took too long to pull it out. Pick your analogy. Its the same old crap.

[danielwis]

I blame Bush and the Republicans. When you over spend when times are good, while at the same time cutting taxes, thus growing the deficit, you leave no room for when times are bad. That’s what Bush and the Republicans did. They ran the thing into the shit hole, after inheriting a budget surplus, and then claimed that democrats spent too much fixing the god awful mess they left. They drive the car in the ditch, and then bitch that democrats paid too much and took too long to pull it out. Pick your analogy. Its the same old crap.

[danielwis]

I blame Bush and the Republicans. When you over spend when times are good, while at the same time cutting taxes, thus growing the deficit, you leave no room for when times are bad. That’s what Bush and the Republicans did. They ran the thing into the shit hole, after inheriting a budget surplus, and then claimed that democrats spent too much fixing the god awful mess they left. They drive the car in the ditch, and then bitch that democrats paid too much and took too long to pull it out. Pick your analogy. Its the same old crap.

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