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Thread: Obama administration to order lenders to cut mortgage payments for jobless

  1. #101
    You kids get off my lawn!
    Glinda's Avatar
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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by apdst View Post
    Explain to me why my tax dollars have to be used to cover your bad investment. I'm all ears.
    As soon as you can explain to me why my tax dollars have to be used to educate your snot-monsters (which, as far as I'm concerned is a bad investment). I'm all ears.

    Last edited by Glinda; 03-29-10 at 03:06 AM.

  2. #102
    Sage
    Harry Guerrilla's Avatar
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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by Morality Games View Post
    You could say that banks issued more loans than they could cover. Or real estate agencies took on more case loads than they could move. Since everybody is engaged in market activity, it is the businesses and not the consumers that must be held responsible, because the businesses have more knowledge of the economics and legalities of their market. When an adult and a child are participating in a dubious activity, we hold the adult and not the child more responsible because they are the ones who have more knowledge of appropriate behavior.
    Except these aren't children and I don't condone terrible behavior, whether it is the lender or the borrower.

    Allowing adults to ignore their responsibility breeds more irresponsibility.
    You're enabling it with lousy excuses.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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