On 10/16/2011 9:24 AM, Joe from Kokomo wrote:
On 10/15/2011 6:47 PM, Don Kirkman wrote:
On Mon, 10 Oct 2011 23:04:46 -0700, John
wrote:

The rest of what you had to say, bad decisions, paying too much for a
home, etc. ... well ya', that is covered in "Life 101." If you missed
that class, problems will keep arising until you do take that class! ...
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.

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?

Ah yes, the old Liar Loans...

The only "qualification" for the loan was could you fog a mirror? If you
were breathing, you qualified.

Talk about morons!

Most people, when shopping, never get to the checkout with more in their
basket -- quite amazing when you consider the morons who bought homes!

The real question here, is why was there a big bubble of morons
purchasing homes? Is it possible they never heard, "BUYER BEWARE?"

roflol ... you just gotta love morons, it is always someone elses fault
they did something stupid ... next, I expect a cop to walk up to one and
ask them, "Why did u just shoot that person?" And, they reply, "He just
got in the way of my bullet -- it wasn't my fault!"

Regards,
JS

On Sun, 16 Oct 2011 20:24:05 -0700, John Smith
wrote:


Most people, when shopping, never get to the checkout with more in their
basket -- quite amazing when you consider the morons who bought homes!

The real question here, is why was there a big bubble of morons
purchasing homes? Is it possible they never heard, "BUYER BEWARE?"

roflol ... you just gotta love morons, it is always someone elses fault
they did something stupid ... next, I expect a cop to walk up to one and
ask them, "Why did u just shoot that person?" And, they reply, "He just
got in the way of my bullet -- it wasn't my fault!"

On the other hand, if we have policies that don't take into account
human nature, we should be prepared to live with the result.

If a business mandates changing passwords that are too difficult for
most people to memorize - it should be prepared for them being written
down on post-it notes.

If salesmen get bonuses for selling products you cannot deliver, be
prepared for business problems.

If bankers make short term money by selling mortgages over
conservative projected values (then pass them to others), expect a
mortgage breakdown.

Is it good for the country when stupid (or smart) people lose their
homes?

We shouldn't have policies that say "it's their fault, let them
suffer" - especially not when the whole country has to suffer along
with them.

--
"In no part of the constitution is more wisdom to be found,
than in the clause which confides the question of war or peace
to the legislature, and not to the executive department."

- James Madison

On 10/17/2011 6:47 AM, Howard Brazee wrote:
On Sun, 16 Oct 2011 20:24:05 -0700, John
wrote:


Most people, when shopping, never get to the checkout with more in their
basket -- quite amazing when you consider the morons who bought homes!

The real question here, is why was there a big bubble of morons
purchasing homes? Is it possible they never heard, "BUYER BEWARE?"

roflol ... you just gotta love morons, it is always someone elses fault
they did something stupid ... next, I expect a cop to walk up to one and
ask them, "Why did u just shoot that person?" And, they reply, "He just
got in the way of my bullet -- it wasn't my fault!"

On the other hand, if we have policies that don't take into account
human nature, we should be prepared to live with the result.

If a business mandates changing passwords that are too difficult for
most people to memorize - it should be prepared for them being written
down on post-it notes.

If salesmen get bonuses for selling products you cannot deliver, be
prepared for business problems.

If bankers make short term money by selling mortgages over
conservative projected values (then pass them to others), expect a
mortgage breakdown.

Is it good for the country when stupid (or smart) people lose their
homes?

We shouldn't have policies that say "it's their fault, let them
suffer" - especially not when the whole country has to suffer along
with them.


The truth is not in that question(s), but in the answer.

Crooks are NEVER to be tolerated, even it they have tricked and abused
the unwitting and ignorant, and the mistakes of the unwitting and
ignorant are NEVER to become the norm ... and not even if the majority
of the citizens have become so involved ...

Regards,
JS