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Author Topic: This will drop him from the "a rich person liberals love" list. [Locked]
ZigmundZag  4 stars
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
__Bonk__ posted:

They actually have people teaching others now how to walk away and let the bank take the hit now



That must be a tough class.

If ($HouseValue < $Mortgage)
{
Exit(Home);
}

 

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"Take the cheese to sickbay!"
B_Shinkicker  3 stars
Posts: 519
Registered: 2002-2-24 01:12:47
reesescups posted:

Now - what is it about IRS quote that has to deal with what Buffet said, and why should Liberals hate Buffet for saying this?



Answer the question, Claire. Answer the question.

 

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It is no measure of health to be well adjusted
to a profoundly sick society. - Jiddu Krishnamurti
Z-Elder  3 stars
Posts: 671
Registered: 2002-3-15 13:58:39
ZigmundZag posted:

__Bonk__ posted:

They actually have people teaching others now how to walk away and let the bank take the hit now



That must be a tough class.

If ($HouseValue < $Mortgage)
{
Exit(Home);
}



Sell the CD for $49.99

 

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"The poison of our ordinary habits has killed the magic of the moment"
"Men are not in hell because God is angry with them . . .
they stand in the state of division and separation which by their own motion, they have made for themselves"
Altra_Shadowstalker  4 stars
Posts: 1,266
Registered: 2002-1-17 11:48:15
Aerlinthian posted:

I'm not going to let the partisan arglebargle get in the way of my government arglebargle.



Oh? Do go on...

 

-----signature-----
"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
The government is responsible for the bubble. Most of the programs that created the bubble in the first place still exist.

Washington has had 3 years to undo their mistake and they haven't. Actually, I shouldn't lay this all on Washington. Plenty of the responsible programs are state level as well.

 

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Kjarhall  3 stars
Title: The Pungent One
Posts: 915
Registered: 2002-3-1 15:47:21
Fist_de_Yuma posted:

reesescups posted:

Why would banks refinance a house that was A) under-water and B) to someone that wasn't credit worthy?

I am sure this happened a time or two but I don't suspect a large number of people were able to pull this off...



They did it because the government would hammer them if they didn't. How short the liberal memory is.



Do you read your own articles?

"Blame for the housing bubble and subsequent slump should be shared among lenders and borrowers, as well as the government, bond-rating firms and the media, Buffett has said."

 

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You're a crazy moron*
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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Kjarhall posted:

Fist_de_Yuma posted:

reesescups posted:

Why would banks refinance a house that was A) under-water and B) to someone that wasn't credit worthy?

I am sure this happened a time or two but I don't suspect a large number of people were able to pull this off...



They did it because the government would hammer them if they didn't. How short the liberal memory is.



Do you read your own articles?

"Blame for the housing bubble and subsequent slump should be shared among lenders and borrowers, as well as the government, bond-rating firms and the media, Buffett has said."

Nonsense - that interferes with Fists talking point world view which consists entirely of:
Republicans blame poor people and the government.
Democrats blame banks.


Meanwhile everyone that dabbles with reality realizes it's a bit more complicated than that and all parties involved carried some of the responsibility... And that the level of responsibility scales with effective power and incentive carried by the party being evaluated...

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
I have not been keeping up with my rich people that I love list. Im glad fist is doing the legwork, it makes my job easier. Im not sure who to add to fill Buffets place.....maybe I'll put the dixie chicks back on there until Fists next update.

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