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To: DeaconBenjamin

Face it it’s the Dead Beats’ FAULT!


4 posted on 02/01/2011 8:01:16 PM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer

LOL!


5 posted on 02/01/2011 8:20:59 PM PST by kiryandil
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To: Kartographer

Speaking of deadbeats wow look at all the business’s not paying up and then the really big deadbeats the big global banks they are sticking it to the taxpayer from every angle.

“Construction loans made up more than half of the total, at $391 million, while commercial mortgages contributed $209 million, or 29% of the total nonperforming pool.

Bad residential loans, by way of comparison, made up $90 million in nonperforming loans.”

http://www.housingwire.com/2011/01/31/cre-extend-and-pretend-reaching-breaking-point

Fannie and Freddie’s biggest deadbeats

http://finance.fortune.cnn.com/2011/01/31/fannie-and-freddies-biggest-deadbeats/

Unlimited credit for GSEs seen as backdoor bailout

http://www.reuters.com/article/2010/01/05/us-usa-housing-bailout-idUSTRE6044YU20100105

“The very best its million-dollar executives can do is claw back a penny on each bubbly subprime dollar?”

http://finance.fortune.cnn.com/2011/01/03/is-fannie-bailing-out-the-banks/

They write them off and leave the taxpayers stuck with the mess.

More banks walking away from homes, adding to housing crisis

http://www.chicagotribune.com/classified/realestate/foreclosure/ct-biz-0113-walkaway—20110113,0,515928,full.story


7 posted on 02/01/2011 8:38:11 PM PST by FromLori (FromLori">)
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