Quote:
Originally Posted by stocktrader23
This says it all. The banks not only did something wrong it was legally wrong, not just morally. Everyone agrees that the banks broke the damn law, gambled with our future and won while everyone else lost. I don't even hear this line from fanatical conservative Tea Party morons, you need to go look at what's really been going on for the last 10 years.
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I remember the bank coming to my house and giving me Bags of cash, shoving it down my throat.
Now, I do agree that when you go in for a house loan, they "DID" try to give you a bigger one. I went in for a $350K loan, knowing this is what I was able to pay back, they said you are lucky you qualify for $500K, which I knew was Nuts. Same can be said with Car Sales men, and so on. These people are ADULTS, use you brain, are we getting that stupid, that the Gov has to hold our hand for everything?
The real issue should be
Why did people lose the jobs to not be able to pay the mortages back, AND
Why did we bail out the banks, which did not help the people.