“From your posts, it seems its all about the banks.”
Nope, I think large multinational banks are the root of all evil (or most of it) in the world. They’ve twisted regulations and laws so far in their favor its unbelievable.
“Foreclosures and Bank Bailouts don’t happen in a vacuum.”
Foreclosures cost the investors, and they are the only people who should have a say in what happens to the loan.
Bank bailouts are not connected to foreclosures. They were more about establishing govt control of the financial industry than anything else. aka nationalization
‘You spoke of a high societal cost of foreclosure, but you advocate something that has a high societal cost as the solution?”
Im not advocating bank bail outs you twit. Banks should sink or swim on their own. So take your ignorant insults and jump in a lake.