This guys doesn’t seem to “get it”. The DemocRATS forced the banks to lend to people who had no chance of ever paying the money back. Liberal DemocRATS created the environment of lending money to anyone even if you knew you’d never get the money back. IMHO, this is the fault of the government, not the banks. The DemocRATS’ plan to collapse the American economy began many years ago.
I've heard that line too many times.
Yes the Democrats were all for easy money, but:
So were most Republicans
And, so were the banks.
There are no good guys in this boondoggle.
The flip side of that is many of those banks along with the large corporations support Democrats. They become the victims of the monster they helped create.
You're right on. But also those that had the gall to purchase a home knowing they could not pay for it speaks of the intelligence of millions of Americans. Dumb ignorant and probably were looking for something for nothing. They are no better than a common thief.
So true. With $14.5 trillion or so in national debt we will be looking at a national default. We are Greece we just don’t realize it yet. The US has borrowed beyond any metaphysical ability to repay. We are heading toward a horrific collapse. Invest in food and ammo.