Politics
Out of context: Reply #2791
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- tommyo0
haha no offense taken, I know these are heated topics. Just please note that I'm more interested in truth than vilifying any person or organization. The bottom line is that people were given loans they shouldn't have gotten. I'm not saying this is completely organizations like ACORNs fault, because the loan companies and banks made (and lost) a ton of money while all this was going on. There was a TON of greed to go around. I didn't mean to downplay Bush's role in that earlier post because truth be told, I find most of the blame in this situation to belong to the last 16 years of social agenda (gov). But the people who got really hurt here are the people who got those loans and us regular folk. So I'm just trying to figure out why organizations put these unqualified people in the position they're in and it's hard for me not to find blame with the aims of organizations like ACORN. That's all. I just find it really hard to understand why people who are genuine democrat supporters can't seem to say that no matter what the degree of involvement ACORN had in this, that they were wrong and their actions fucked over good people. I'm a big supporter of capitalism and I think the businesses involved in this are wrong. I think government while having ideal, yet misguided goals, were wrong to try and intervene. It just seems like too many people subjugated the fiduciary responsibility of the lending institutions ad I don't think it's that much of stretch to say that ACORN was wrong in what they did. Bottom line, people got placed in shitty loans that there was little to no chance of them being able to keep up on...and then the bubble burst, prices drop, loans default and everyone and their mother was left out to dry.
- Tommy, take an hour and listen to this:
http://www.thislife.…TheBlueOne - Is that the one about the paper market you sent me? I listened to it, but I have this thing where I can't do two things at once ..tommyo
- so I retained about 5% of it. I'll listen to it again it was pretty interesting.tommyo
- whatever bad loans were linked to ACORN is small beer compared to the total volume. Bad, sure, but the system was rotten and many many good people benfitted until they d idn't. Now they cry wolf.********
- Actually, this was an earlier show about the subprime mortgages...excellen... listen..TheBlueOne
- rigged to benefit many, many good people sometimes unknowingly because of mutual funds etc. Now evryone cries wolf? But who's to blame? ********
- wolf? now who's to blame?
The most downtrodden of the losers? The wolf blames the sheep for his hunger.******** - I'll listen to it. I like that you can download these audio clips. Alright I'm out. Work work work.tommyo
- Tommy, take an hour and listen to this: