Post
Topic
Board Speculation
Re: When?
by
coinableS
on 01/04/2015, 22:48:25 UTC
And then you have the anal retentive bungholes that just come back with capitalism. Well shithead, capitalism is what really ruined the US.

 Roll Eyes

How can such a country with all it's power, technology and resources be kicking families out of their homes because the banks were highly un-regulated and given bad loans?

The banks were forced by the government to give loans to those who did not really qualify.  But if you want to blame the banks, feel free.  The owners of the banks will appreciate that I'm sure.  You know those owners, right?  They are the working class families you claim to want to protect.  They hold ownership of these banks through shares in pension funds.

You make it sound like 2008 was created by the Equal Opportunity Housing...
The banks were NOT forced to do predatory lending and sell adjustable rate mortgages to people who didn't understand what an adjustable rate was. There was a reason why the Dodd-Frank Act was created, it was due to the predatory tactics used by banks after the 2008 fiasco.