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stankowalski

Credit Crisis caused by white people with blue eyes

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Fiz    878

wonder how most of the 3rd world countires would have done the last 25 years WITHOUT capitalism?

it's hard to say that argentina, chile, and bolivia wouldn't have been better off.

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thefuzz    4,119

Whoever decided to give credit to people who most likely were going to default on loans needs to carry a large burden....

but not nearly as large a burden as the people who could not afford what they were buying

Just my opinion.

It's called personal responsibility.

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SCP    30,419

i.e. white trailer trash, poor blacks, hispanics, and Asians who were duped into bullsh*t loans they could never afford by sharks.

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thefuzz    4,119

i.e. white trailer trash, poor blacks, hispanics, and Asians who were duped into bullsh*t loans they could never afford by sharks.

Have any of you ever heard of the old saying, never sign anything until an attorney has looked it over....

Sharks...funny.

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SCP    30,419

Have any of you ever heard of the old saying, never sign anything until an attorney has looked it over....

Sharks...funny.

Preaching to the choir bro. I never said these people weren't at fault.

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Davidson Deac II    4,210

his sentiments are correct. white greed is what caused our economic collapse.

If Brazil bankers invested in these toxic securities, wasn't it their own greed that caused their specific problems?

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rodeo    13,776

Agreed rodeo, but I would also add that rampant homosexuality has played just as big a part.

well then i'll do my part and delete the photos you sent me.

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stankowalski    2,756

well then i'll do my part and delete the photos you sent me.

Let's not make this personal. When I sent those pics I was lonely and drinking heavily.

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natty    555

Have any of you ever heard of the old saying, never sign anything until an attorney has looked it over....

Sharks...funny.

Well considering those people who took the loans were most likely uneducated, I doubt they heard. ;)

Same thing happens with credit card companies and college students or the world bank and 3rd world countries.

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Fiz    878

If Brazil bankers invested in these toxic securities, wasn't it their own greed that caused their specific problems?

brazil's banks are safe because they didn't take the same risks their american counterparts did.

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thefuzz    4,119

Well considering those people who took the loans were most likely uneducated, I doubt they heard. ;)

Same thing happens with credit card companies and college students or the world bank and 3rd world countries.

Personal responsibility....Sorry.

There is a common sense bell that has to go off when you are signing the paperwork on a 600K$ house, and you make 60K a year..Just sayin.

Many of my friends got in wayyyy over their heads, and I knew it and they knew it at the time, but did it anyway. Sad, but they made bad choices, and now are having to reap what they sowed.

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