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Originally Posted by UnderseaLcpl
If you think there's even a remote responsibility that the Federal Government will do this for "a while" or that you'd ever get some kind of net profit out of your taxpayer dollars, I think you are in for a disappointment my friend.
What I fail to understand is how private banks are still seen as the causation of all this. Fannie and Freddy were by far the biggest subprime lenders, the state requires banks to give loans to subprime customers in some cases, and the Fed made subprimes the only reasonable approach to profitability by keeping the interest rates so low for so long.
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Come on there is always HOPE for my CHANGE to come back to me
Let's face it, the current managers can not manage it. Let's give a shot to those that do not pay their taxes and see how they do
Sounds like a plan to me. Congress has been making things up since Obama took office. How is this any different?
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all of your banks are belong to us
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All I can do at this point is
. Anything more and I would go insane.