http://ochousingnews.com/news/profiles-of-the-ordinary-thieves-of-the-housing-bubble
Profiles of the ordinary thieves of the housing bubble
By golfplan18 Follow Tue, 12 Jun 2012, 7:09am 600 views 4 comments
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Oil Can's website
That's funny. Why should I pay back the loan. It's the bank's fault I have the loan.
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Irvine, CA
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Too funny. It’s only money anyway.
Did the banker ask for 20% down?
Did they verify the income and work history?
Did they lend these deadbeats 400 or maybe 800 big ones in a non-recourse state with none of the above?
Did they stiff their clients by cut/dice the poo with the prime and gave it a fancy name like MBS and sold losers to pension funds and then bet against these “investments”?
Did they create some wingnut outfit call MERS and tossed legal procedures out the window to juice the short term profit, knowing congress and the fed will do the right thing for them when SHTF?
Did they take the trillions of bailout money and kept it to shore up their bottom line and charge the muppets 25-30% for credit and only lend to people that don’t need $?
Did they bribe their servants in congress into lifting regulations that would have protected the little guys so that not only their houses blew up but their 401K/IRAs were mugged?
When I see a few financial crisis architects go to the slammer. Until then I say game on as usual.
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How could it not be the banks fault. The Ritters lol. Its the only way you can get cash in the first place.
Someone needs to dig up the founding fathers that sold them out to these skeevy lenders and throw them behind the shithouse. I hear Jefferson a lot so in my estimation hes probably a good suspect. lol. Look at managment up there lol. The more in debt your are the more you think you have the harder you have to make all the undernourished lackeys row. See managment works hard cause they owe out the ass. Hey even some of the field hands got promoted out of the fields into the big house they call them house ...... I forget something like that.
The United States is 40 years past due and in fucking unimaginable debt. So I have to go watch them plan their next attack. lol
'The debt is not something that is going to go away . . .'
- Bill Eggers
Of course not you fucking moron all the Government can do is borrow. Theres no other fucking choice. The governments not a fucking profit center its the only way they can get cash. I just love seeing these little gems from these pretzel heads.