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    Quote Originally Posted by Detroitnerd View Post
    At least you're consistent. For the amount of money we paid, we might as well have just paid for everybody to keep their houses. Or nationalized the banks.
    Now you're talking. The banksters/mortgage lenders should be the ones losing their homes and thrown in jail. Their wealth was gained by fraudulent means. It is an insult to lecture the victims about being responsible and paying their bills when the vast majority of these people were misled into signing in the first place. Although it is obvious that the borrower is bound to repay a loan, the lender is equally responsible for ensuring that the person he lends money to can repay the loan. What brought on this crisis is that lenders due to deregulation were allowed to lend money and then sell the debt to others so they had no stake in ensuring the money could be paid back.
    Last edited by Relayer76; October-18-10 at 10:39 PM.

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