On Sat, 15 Oct 2011 20:36:06 -0700, John Smith
wrote:

On 10/15/2011 3:47 PM, Don Kirkman wrote:
On Mon, 10 Oct 2011 23:04:46 -0700, John
wrote:

don't make those bad decisions, don't pay too much for over valued
property, don't buy what you can't afford, etc.

You ignore the people who were *told* they could afford the houses
they bought. People with a duty to be diligent--brokers, financiers,
investment houses, all assured them that they deserved a good house
and by heck they could afford one because they were given them a real
bargain.

I guess some missed the basic education of where the teacher asked you,
"If someone told you to jump off a cliff, would you?"

I gather you haven't bought a newspaper or watched TV in the last
couple of years. Or your mind is link a steel trap--rusted shut.

Basically, it comes down to common sense, if you can't afford the house,
don't buy it... yet ...

But if you're assured that you can afford it, who is the real culprit
here?

If you are into trusting, I got something to tell you, "Give me your
money to hold, for five years, I'll give you back double!"

Society is built on trust. Americans' trust in their institutions
has been badly shaken by the scandals and frauds and
profiteering*--and you apparently have no empathy with the financial
situation of millions of families.

* definitely not the same thing as making a profit.

ROFLOL

You were kidding, right?

Are you really a Horvath wannabe?
--
Don Kirkman