Five States Causing 50 Problems?

Discussion in 'Current Events' started by Annie, Feb 21, 2009.

  1. Annie
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    Annie Diamond Member

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    Of course they'll be the ones bailed too, at the cost of the rest of us. Is it the poor? Not so much:

    THE FORECLOSURE FIVE - New York Post

     
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  2. Old Rocks
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    Old Rocks Diamond Member

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    Hmmmm...... And what are the unemployment numbers for these five states? Could they also be the tops in that category, also? However, since over 95% of the current mortgages are being paid on time, what is the great problem? It is the fact that the banks and the mortgage companies used derivatives to leverage the max money to the point where even a minor glitch in the economy would create a major crisis for them. And who de-regulated the laws that would have prevented this? Phil 'Enron' Gramm. Of course, the previous admin did nothing at all to prevent the meltdown, even when people on the factory floor saw it coming four years before it happened. "The Economy is Basically Sound" Sunday before Meltdown Monday.
     
  3. Annie
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    Annie Diamond Member

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    Hello? Listed.
     
  4. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    We should all just take it up anus for for the 5% that need it.
    After all, it's our fair share.
     
  5. Old Rocks
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    Old Rocks Diamond Member

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    Were not the mortagages leveraged, that 5% would not be fatal. And we will all take it up the anus if the whole economy tanks. And it is headed in that direction.
     
  6. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    So, do you agree that 5% of the population should get their opportunity to sex you up the anus?
     
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  7. Annie
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    Annie Diamond Member

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    Once again, if people hadn't borrowed 2nd and 3rd mortgages against homes they couldn't afford, this would not be happening. No, I don't want to 'save' their homes.
     
  8. dilloduck
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    dilloduck Diamond Member

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    Do I get to pick the 5% or is that a random deal you're offering ? :lol:
     
  9. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    The government gets to pick the 5%.
    don't worry, the guvmint is always right.........ain't they?
     
  10. dilloduck
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    dilloduck Diamond Member

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    ok that's a deal breaker for sure. :lol:
     

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