Quote:
Originally Posted by Phoenix
hey i sort of agree with you.
however...whoever let the idiots do that are actually at fault
we didn't let idiots here buy 500k homes on a starbucks wage.
however in the usa...you did...and now you wonder what went on
when what really happened is people were playing liars poker with your whole mortgage industry.
don't blame the peons who really never should have been approved for a mortgage in the first place....they are peons.
the reason people make tons of money in high powered jobs is to make the right decision...but instead they line their pockets and steal the light bulbs on the way out the door..lol
|
But we did let the idiots making Starbucks wages buy $500k houses. We encouraged it. Because it drove the value of everyone's houses up. And when they defaulted, the bank turned around and sold the house again for even more money - more win for us!
They banks did line their pockets with gold. But everyone did. People sold their houses for a huge profit, and others cashed in by taking money out of their houses.
We are all guilty.