Quote:
Originally Posted by Rochard
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.
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No, everyone did not. Millions are losing their homes even though many of the foreclosures are illegal. Millions lost money from their retirement accounts and other investments because banks knowingly pawned off dirty loans on them. The middle class makes less money than they did a handful of years ago and the banks are making more than ever. They knew full well they were raping the economy, it's documented as illegal and now they are trying to make deals so they can't be held responsible.
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