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Politics : MITT ROMNEY -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (1833)	2/14/2008 9:16:52 PM
From: Stoctrash	Read Replies (2) \| Respond to of 5586

--- you're right, you don't owe them anything, BUT the banks are going to own a ton of RE if the FED & you the loving tax payer don't save them. 1) Without the creative MTG's fully flocked w/ open "arms" to the public, you don't have some of this mess. 30% 2) Unsmart people expecting their house to never go down in value - J6P shoulda stayed in the old house and bought cheap beer. 10% 3) Bank's Top Brass....they saw the only side of their biz doing well, so they pumped it up and rattle the troops to refi shit w/ refurbished shit MTG's. 60% Some people hate fast cars - they're dangerous, but that is expected. It's a known risk, drive fast and you can die. On the other hand it's not normal to think a bank with a new type of MTG is going bum-rush your life. Who's to blame? The Banks are nothing more than Drug dealers....they sold everyone the goods & looked the other way so they could try to make the analyst estimates. Hey, they had a lot of stock options to cash in, do you think they cared about YOU or the economy?