Posted on 07/08/2010 10:25:14 PM PDT by Tempest
Uhmm..that's what we are. There is no way volunteers can run such a large community. That's what we hire a property manager for. The property manager reports to the UNPAID, elected board. Nothing happens without us knowing it and anyone else can look at the books. I'm done here. My original point was that rich people are walking away from their mortgages and other financial obligations. And I stand by that.
Well you should have spoken up beforehand to say that you are a volunteer.
>>I didn’t say it was moral...
I know you didn’t - and there’s nothing wrong with Parents wanting to help out their children. Not knocking that.
It’s just very troubling to observe the degree to which our culture has been demoralized such that “Liar Loans” were deemed an acceptable means of doing business by a significant portion of the population (and economic infrastructure).
If the Republic is to survive, accountability and honor must be restored, or at least demanded, within the system.
I don’t know of any HOA boards that get paid.
"LOL!!! for so long I've read how it's the poor and "undeserving" that are responsible for the economic collapse and that giving loans to low income "parasites" was the fault of forced government.
For so long I've read how the rich create jobs. Instead of destroying jobs or shipping them over seas. How the rich are more deserving because htey work harder and are more responsible.
And worse off, there are still plenty of sheep that buy into that big steaming pile of crap.
I'd say YOU are.
You know...there are millions of people, from all over the spectrum, who have lost their jobs. I don't find that to be a laughing matter at all
“You should really stop posting because you embarrass yourself with your sycophant ass kissing of people that don’t care for you.”
Welp...is that a personal attack? I think that’s frowned upon here. How do you know that people don’t care for CodeToad?
In any case, those who are walking away from their million dollar mortgages probably were qualified for 30 year million dollar loans, unlike those who were not vetted...not even their income...before they got their ARMS.
Of course, some of the defaulters might have been rich at the time they got the loan, then suffered a reversal of fortune. S--- happens. But of course, after the reversal of fortune, they'd no longer be rich, by definition, right?
Anybody who is less worried about the magnitude of his own net worth than about the ratio of Bill Gates's to his is simply scum.
What’s the definition of “rich”?
Anybody want to talk ‘bout the fact that the anti-redlinin’ aspects of the financial regulatory reform remain in place?
“You should really stop posting because you embarrass yourself with your sycophant ass kissing of people that don’t care for you.”
But I am the rich. Don’t you see? They sent me here to torture you.
And why were these people lending money regardless of the risk? Because the Democrat Party promised that the tax payer would pick up all that risk. So this is just another example of the NYT trying to shift the blame away from the real culprits: their buddies in congress.
"The right to search for truth implies also a duty; one must not conceal any part of what one has recognized to be true."
--Albert Einstein
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.