On Oct 11, 8:53*pm, "PDQ" wrote:


It really has little to do with political parties. There is sufficient
shame and blame to go around.

While I agree that there is sufficient blame to go arround, it still stands that the congress was and is controlled by the democrats who seem to be staying as far away from any ownership thereof as is possible. *Must be they are cognizant of the biblical entreaty to "Let he who is without blame ......".


Congress was controlled by the Dems, with a very slim margin, for 18
months. Where the the Republicans in the 72 months preceding?

Making changes 18 months ago wouldn't have helped a lot, but maybe
some. Someone with insight (AKA half a ****ing brain) would have
looked seven or eight or nine years ago and seen where this was
headed. Hell, my wife and I recognized it over five years ago, and
we're both fiscal naifs, compared to the hotshots running all these
banks and financial institutions.

I got a glimpse of it when I bought a house in WV after going to work
for Woodcrap. The bank wanted us to get a more costly house, about
three to four times what we did go for, because we were "eligible." I
wanted a short term (15 year) mortgage at a rate not to exceed xxx
dollars at a rational solid interest. I got it.

When Woodcrap decided I wasn't a corporate fit, 15 months later, I had
to unload that place in a rush. Unloading would have been even more
expensive--I got a check for $1.39 after nearly 15 months of payments
and a small down payment--with a more costly house.