Politics
Politics
Out of context: Reply #6021
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- BattleAxe0
why did we let the bankers do whatever they wanted too
- We didn't. congress told them they needed to start making loans to no traditional families.********
- Those families didnt have stable jobs, incomes or enough income for the property they bought.********
- On top of that, the bank knowing these people were not educated set them up with sub prime loans which allowed********
- $800 mortgages when rates were low, but rates sky rocketed along with the payments.********
- They only paid interest on the loans therefore never decreasing the debt********
- It's easy to blame the poor because they don't have any representation.IRNlun6
- It's easy to blame the poor because they don't have any responsibility.tommyo
- The poor don't have any 'representation?' I don't get that. The poor need some PR for the idiotic mortgages they took out?tommyo
- Where is my 'representation' as a responsible home owner who has paid all of his bills, and is now expected to pay theirs too?tommyo
- We didn't. congress told them they needed to start making loans to no traditional families.