Subject	the buyer is at fault as well
Posted by	aliaZ on December 03, 2008 at 10:45 AM
	This message has been viewed 88 times.
In Reply To	It's not poor people's fault for the credit swap default posted by Whatsthegoodword on December 03, 2008 at 10:26 AM
Message	There is plenty of blame to go around. The buyer should have known better than to buy more house than they could afford, and they should have known the pitfalls of adjustable rate mortgages.
Follow Ups	this will be deleted but what does everyone think of - john90zxtt(OH) 09:11:12 12/03/08 Money won't fix a bad company - dpjax 09:37:07 12/03/08 It's not poor people's fault for the credit swap default - Whatsthegoodword 10:26:38 12/03/08 the buyer is at fault as well - aliaZ 10:45:50 12/03/08 people just need to learn to life within their means - john90zxtt(OH) 10:59:23 12/03/08 indeed (n/m) - aliaZ 11:06:48 12/03/08 Yes but the main fault lies with the banks and financial - Whatsthegoodword 11:46:47 12/03/08 Sorry, that doesn't hold water. Was there predatory - Guapo 12:02:15 12/03/08 OK, let's look at your idea. A homeowner takes out too much - Whatsthegoodword 12:53:58 12/03/08 I never said the banks/lenders were not at fault. - Guapo 13:12:47 12/03/08 Bingo!! Retarded Americans are reaping what they sew (n/m) - BigTDogg (MA) 13:14:34 12/03/08 the examples that come to mind are not "poor" - dpjax 12:29:16 12/03/08 this is the correct answer (n/m) - aliaZ 12:52:43 12/03/08 2nd. Too many people trying to get something for nothing. (n/m) - Z_Cherub 13:21:29 12/03/08 It's the responsibility of the bank to determine who is cred - Whatsthegoodword 13:36:41 12/03/08 it's also the responsibility of the consumer to live within - aliaZ 13:53:29 12/03/08 news flash - the banks had a backup plan ... - The Devils Z 15:38:02 12/03/08 Chrysler should bring back the Conquest, in an effort - Muffinz 14:57:30 12/03/08 the media is making that focus on the CEO's cuz they're full - BannonZ 11:03:37 12/03/08 I hope they get help. - Josher 09:37:55 12/03/08 You mean they're closing the gap on copying their product - tdogzjoint 10:17:00 12/03/08 So who has created something new or innovative? - Josher 11:46:16 12/03/08 One good idea does not compensate for years of bad ones... - tdogzjoint 12:33:45 12/03/08 I think the Camry and Accord - Josher 16:48:21 12/03/08 Definitely, both of them have got larger (n/m) - BigTDogg (MA) 17:02:31 12/03/08 I can agree with that... - tdogzjoint 19:02:36 12/03/08 They had a 0 emissions mandate in California 10+ years ago - en5 13:10:46 12/03/08 No way to know how it'll turn out. But if they do go bust, - Whatsthegoodword 09:43:12 12/03/08 The bailout was financial terrorism by the US government - sparkie 11:37:04 12/03/08 let the 'free market' dictate who survives, or it's a waist - CRAZZEPETE. 11:09:08 12/03/08 *waste - aliaZ 11:40:44 12/03/08 ding! - BradZ (FL) 13:23:15 12/03/08 right, but, what if we started to think of a Global Economy? - CRAZZEPETE. 13:41:00 12/03/08 There is no such thing as "free market". Government - zellamay 14:45:24 12/03/08 Here is a law of unintended consequences at work: - sasha 11:12:02 12/03/08 Good commentary on CNN.com - BigTDogg (MA) 13:22:29 12/03/08 Here is a perspective on this whole bailout stuff - sasha 14:05:49 12/03/08 How has the bailout $ grown to $4.6T? (n/m) - BigTDogg (MA) 14:30:48 12/03/08 A few hundred billion here, a few hundred billion there... - sasha 14:33:13 12/03/08 lol, that's funny. I don't know if you remember the Hunt - robo (sebring1970) 17:37:13 12/03/08 LOL, *that* was funny :) - sasha 19:32:08 12/03/08 If an American wants to buy an SUV, does he or she really - robo (sebring1970) 15:31:11 12/03/08 2nd I think the F150 comes in a thousand configurations (n/m) - CRAZZEPETE. 16:13:42 12/03/08 and the Mustang in a million (n/m) - amp300zx 16:19:43 12/03/08 yup, the industry is bloated and out of touch. - robo (sebring1970) 17:29:37 12/03/08 Charmin Extra Strong is all you need. - Dallas DamonZ 22:01:21 12/03/08 I'm a Scott man myself, "1000 sheets per roll." - robo (sebring1970) 10:24:22 12/04/08 I hope they all go under - lazer(AK) 18:41:29 12/03/08
Post a Followup	You cannot reply to this message because you are not logged in.