Paulson begins wrapping his gift to FRAUD Street
On Sep 25, 9:05*am, mike wrote:
On Sep 23, 3:10*pm, Jeannie wrote:
On Sep 23, 2:55*pm, mike wrote:
On Sep 23, 1:20*pm, "HeyBub" wrote:
wrote:
It's not a "bailout" in the traditional sense: it's an investment.
I hope you're being sarcastic. *If it is such a great investment,
people would be tripping over themselves to buy up the bad mortgages.
Instead, we have government supremacists forcing the taxpayer to take
on debt at gunpoint, and letting the irresponsible off the hook so
they be irresponsible again, and again, and again.
I didn't see the irresponsible being let off the hook...after all,
most of them lost their homes.
Hopefully that will be a lesson well learned.
Jeannie
People who loan money to people who can't pay it back are
irresponsible.
No, that's shortsighted. People who loan *other people's* money to
people who can't pay it back...now, they're irresponsible. Or maybe
criminal!
But I'm still not letting the buyers off the hook. "If it looks too
good to be true, it probably is" seems never to have occurred to some
of these people.
Jeannie
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