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To: snugs
bottom line of course is that you should not lend money to people that stand a good chance of not repaying it

words of wisdom had to be repeated.

227 posted on 09/21/2008 7:57:25 AM PDT by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE--GO SARAHCUDA !!)
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To: rodguy911; snugs
bottom line of course is that you should not lend money to people that stand a good chance of not repaying it.........................

words of wisdom had to be repeated......

I often speak with Canadian Bankers, and had the occasion to do so last week. We were discussing the mortgage write off situation with US banks.

Quote:

" Come on up to Canada to borrow some money, we will ask you to verify how much you earn per year before we lend money to you." ( pause, dramatic guffawing.)

How is it that Utopianism has infected our finance sysytem? Imagine what it will be like if America's favorite community organizer gets elected? If you earn decent money, it will be seen as a detriment to borrowing it.

[BTW Snugs, here in the USA we usually roast our chickens breast up, and your roast chicken photo has me hankering to try it your way, breast down, just to see the difference.]

525 posted on 09/21/2008 4:55:30 PM PDT by Candor7 (Fascism? All it takes is for good men to say nothing, (http://www.theobamafile.com/))
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