McCain + Palin=

[700IAM]

Research SUBPRIME and then report back---until then, stop playing blaming your enemies the GOP and everyone related---it’s not simply a GOP induced problem.

The liberals wanted housing for the poor, gave it to them with new homes in the slums in some cases also handed out balloon and other fancy named mortgages to low income families who could never afford to repay and if that’s not enough damage made is simple to walk away from ones financial obligations.

Did members of the GOP become insanely wealthy giving away money to people who would never repay it, yes greed ran amuck in a corrupt government full of unsaved degenerates on BOTH sides of the aisle and we ALL are going to pay dearly for these reprobates and their self severing actions.

 

[KCFlyer]

Research SUBPRIME and then report back---until then, stop playing blaming your enemies the GOP and everyone related---it’s not simply GOP induced problem.

The liberals wanted housing for the poor, gave it to them with new homes in the slums in some cases also handed out balloon and other fancy named mortgages to low income families who could never afford to repay and if that’s not enough damage made is simple to walk away from ones financial obligations.

Did members of the GOP become insanely wealthy giving away money to people who would never repay it, yes greed ran amuck in a corrupt government full of unsaved degenerates on BOTH sides of the aisle and we ALL are going to pay dearly for these reprobates self severing actions.

If the "poor" are the cause of all this, how come so many million dollar homes are in foreclosure?

 

[700IAM]

If the "poor" are the cause of all this, how come so many million dollar homes are in foreclosure?

I never said the poor are the only cause. Handing out 200 grand mortgages to people who really shouldn't qualify with fancy named packages based on a future that turned south instead of north is a large portion of it. At the other end are the people who couldn't even afford a home period, they were handed mortgages they couldn't begin to handle at the same time making all the middle men who handled these fantasy loans very rich, that was until reality set in and it all imploded. Remember when all the mortgage brokers starting vanishing with all the jobs losses in the mortgage industry only a couple years ago. It started happening when the fantasy money started to dry up. The dream ended and they woke up in the street. Now we the tax payers will pay for those reprobates who are only driven by self and to hell with everyone else. Greed. Corruption. Immorality. You know, normal human behavior by those unsaved individuals which is most of the planet. And when looked at it in that reality, this should be expected with nothing new under the sun back to ancient times. Different time different people same sins.