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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Oblomov who wrote (10354)10/22/2008 1:55:04 PM
From: Condor5 Recommendations  Respond to of 33421
 
What is "predatory lending", BTW? Making a profit from lending?

Lending to unqualified borrowers and then dumping that crap paper around the world.



To: Oblomov who wrote (10354)10/22/2008 2:53:54 PM
From: Cogito Ergo Sum8 Recommendations  Read Replies (1) | Respond to of 33421
 
Oblomov,
Simple... finding a sucker and selling him a mortgage he cannot possible maintain.. because after all you will not be on the hook for anything.. not that that happens :O) ..

I would love to live in a country where folks don't get left behind unless they choose to be ..

Where entrepreneurs can make shitloads of money..

Where the military is mainly used for defensive purposes..

Where in time of world wide war.. and no one else can do the the job they call upon us.. and we get it done..

Where the banking system is stable because it is not run by GS...

Where if you don't believe in God (I Do) and that's OK..

Where you can criticize your country's warts without being labeled a subversive or or unpatriotic.. so you are truly free..

Where in a city of 2 millions plus 70 murders is considered absurdly high..

Oh wait a minute .. I do..
Never mind

Counting his blessings.. in Toronto
and looking for an increase in ignores LOL

The Black Swan

Sorry for the outburst John P. Won't happen again.. Love the financial and market analysis but frankly IMVHO (and I don't want to dump a bunch of crap on your excellent thread)
I think the political commentary is often off base..