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June 14, 2009 at 9:57 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #415703OxfordParticipant
[quote=drboom][quote=Oxford]
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
[/quote]If there hadn’t been so much greed behind those “poor financial decision[s]”, I might agree with you. Greed isn’t especially nice, however, so I don’t feel too bad for most of them.
[/quote]I hear ya but don’t feel it was ALL about greed regardless of the knee-jerk use of that term in these situations. Some folks just lost their jobs. Some felt an ARM was a good idea thinking they could refinance. The prevailing wind was saying house prices would rise.
Many made, what they felt where, good decisions based on advice from bankers and what everyone else was doing. In many cases it was more about lack of knowledge. Sure, there was alot of greed and bad judgment but many people were well meaning and just didn’t know what they didn’t know.
ox
…going softJune 14, 2009 at 9:57 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #415941OxfordParticipant[quote=drboom][quote=Oxford]
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
[/quote]If there hadn’t been so much greed behind those “poor financial decision[s]”, I might agree with you. Greed isn’t especially nice, however, so I don’t feel too bad for most of them.
[/quote]I hear ya but don’t feel it was ALL about greed regardless of the knee-jerk use of that term in these situations. Some folks just lost their jobs. Some felt an ARM was a good idea thinking they could refinance. The prevailing wind was saying house prices would rise.
Many made, what they felt where, good decisions based on advice from bankers and what everyone else was doing. In many cases it was more about lack of knowledge. Sure, there was alot of greed and bad judgment but many people were well meaning and just didn’t know what they didn’t know.
ox
…going softJune 14, 2009 at 9:57 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416198OxfordParticipant[quote=drboom][quote=Oxford]
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
[/quote]If there hadn’t been so much greed behind those “poor financial decision[s]”, I might agree with you. Greed isn’t especially nice, however, so I don’t feel too bad for most of them.
[/quote]I hear ya but don’t feel it was ALL about greed regardless of the knee-jerk use of that term in these situations. Some folks just lost their jobs. Some felt an ARM was a good idea thinking they could refinance. The prevailing wind was saying house prices would rise.
Many made, what they felt where, good decisions based on advice from bankers and what everyone else was doing. In many cases it was more about lack of knowledge. Sure, there was alot of greed and bad judgment but many people were well meaning and just didn’t know what they didn’t know.
ox
…going softJune 14, 2009 at 9:57 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416266OxfordParticipant[quote=drboom][quote=Oxford]
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
[/quote]If there hadn’t been so much greed behind those “poor financial decision[s]”, I might agree with you. Greed isn’t especially nice, however, so I don’t feel too bad for most of them.
[/quote]I hear ya but don’t feel it was ALL about greed regardless of the knee-jerk use of that term in these situations. Some folks just lost their jobs. Some felt an ARM was a good idea thinking they could refinance. The prevailing wind was saying house prices would rise.
Many made, what they felt where, good decisions based on advice from bankers and what everyone else was doing. In many cases it was more about lack of knowledge. Sure, there was alot of greed and bad judgment but many people were well meaning and just didn’t know what they didn’t know.
ox
…going softJune 14, 2009 at 9:57 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416424OxfordParticipant[quote=drboom][quote=Oxford]
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
[/quote]If there hadn’t been so much greed behind those “poor financial decision[s]”, I might agree with you. Greed isn’t especially nice, however, so I don’t feel too bad for most of them.
[/quote]I hear ya but don’t feel it was ALL about greed regardless of the knee-jerk use of that term in these situations. Some folks just lost their jobs. Some felt an ARM was a good idea thinking they could refinance. The prevailing wind was saying house prices would rise.
Many made, what they felt where, good decisions based on advice from bankers and what everyone else was doing. In many cases it was more about lack of knowledge. Sure, there was alot of greed and bad judgment but many people were well meaning and just didn’t know what they didn’t know.
ox
…going softJune 14, 2009 at 8:21 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #415648OxfordParticipantAs a house hunter I am not happy to hear this. But I feel for the many folks with young children who are without a job and about to lose their homes. I hope they can be helped.
Sure, we can go off about the bad loans they should not have taken…yadda yadda. Yes yes.. I get it.
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
Call me soft but this stuff must be terrorizing and traumatic to the children who look to their parents, friends and home for security.
I hope it all works out for everyone.
OX
June 14, 2009 at 8:21 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #415886OxfordParticipantAs a house hunter I am not happy to hear this. But I feel for the many folks with young children who are without a job and about to lose their homes. I hope they can be helped.
Sure, we can go off about the bad loans they should not have taken…yadda yadda. Yes yes.. I get it.
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
Call me soft but this stuff must be terrorizing and traumatic to the children who look to their parents, friends and home for security.
I hope it all works out for everyone.
OX
June 14, 2009 at 8:21 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416143OxfordParticipantAs a house hunter I am not happy to hear this. But I feel for the many folks with young children who are without a job and about to lose their homes. I hope they can be helped.
Sure, we can go off about the bad loans they should not have taken…yadda yadda. Yes yes.. I get it.
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
Call me soft but this stuff must be terrorizing and traumatic to the children who look to their parents, friends and home for security.
I hope it all works out for everyone.
OX
June 14, 2009 at 8:21 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416211OxfordParticipantAs a house hunter I am not happy to hear this. But I feel for the many folks with young children who are without a job and about to lose their homes. I hope they can be helped.
Sure, we can go off about the bad loans they should not have taken…yadda yadda. Yes yes.. I get it.
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
Call me soft but this stuff must be terrorizing and traumatic to the children who look to their parents, friends and home for security.
I hope it all works out for everyone.
OX
June 14, 2009 at 8:21 PM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416369OxfordParticipantAs a house hunter I am not happy to hear this. But I feel for the many folks with young children who are without a job and about to lose their homes. I hope they can be helped.
Sure, we can go off about the bad loans they should not have taken…yadda yadda. Yes yes.. I get it.
I just don’t feel good about nice people who made a poor financial decision getting such a life altering beat down.
Call me soft but this stuff must be terrorizing and traumatic to the children who look to their parents, friends and home for security.
I hope it all works out for everyone.
OX
OxfordParticipantOHHH PULLLEASE. :::eye roll::
If American automakers could built great cars with solid warranties like the Asian companies then perhaps they would not be in the mess they are in. Hell, GM has been the most clueless company in the world for 30 years.
Welcome to international economics. 99% of consumer electronics designed in the USA are exported for manufacturing. It’s an old argument of basic economics. You can bitch all ya want but nothing is going to change. Get over it.
I have two Elantras sitting in front of my house right now. Bought them for my sons. Great cars and awesome warranties. And what actors do has NO bearing on how I see the world or run my life.
ox
OxfordParticipantOHHH PULLLEASE. :::eye roll::
If American automakers could built great cars with solid warranties like the Asian companies then perhaps they would not be in the mess they are in. Hell, GM has been the most clueless company in the world for 30 years.
Welcome to international economics. 99% of consumer electronics designed in the USA are exported for manufacturing. It’s an old argument of basic economics. You can bitch all ya want but nothing is going to change. Get over it.
I have two Elantras sitting in front of my house right now. Bought them for my sons. Great cars and awesome warranties. And what actors do has NO bearing on how I see the world or run my life.
ox
OxfordParticipantOHHH PULLLEASE. :::eye roll::
If American automakers could built great cars with solid warranties like the Asian companies then perhaps they would not be in the mess they are in. Hell, GM has been the most clueless company in the world for 30 years.
Welcome to international economics. 99% of consumer electronics designed in the USA are exported for manufacturing. It’s an old argument of basic economics. You can bitch all ya want but nothing is going to change. Get over it.
I have two Elantras sitting in front of my house right now. Bought them for my sons. Great cars and awesome warranties. And what actors do has NO bearing on how I see the world or run my life.
ox
OxfordParticipantOHHH PULLLEASE. :::eye roll::
If American automakers could built great cars with solid warranties like the Asian companies then perhaps they would not be in the mess they are in. Hell, GM has been the most clueless company in the world for 30 years.
Welcome to international economics. 99% of consumer electronics designed in the USA are exported for manufacturing. It’s an old argument of basic economics. You can bitch all ya want but nothing is going to change. Get over it.
I have two Elantras sitting in front of my house right now. Bought them for my sons. Great cars and awesome warranties. And what actors do has NO bearing on how I see the world or run my life.
ox
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