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To: Elroy Jetson who wrote (96794)4/21/2009 9:14:31 PM
From: koan  Read Replies (1) | Respond to of 116555
 
>>If I won't make a risky loan and banks won't make a risky loan, I certainly see no reason for the government to make a risky loan.<<

Some believe there is a more sophisticated way to look at the government (our deomcractic society) stepping in to faclitate the tribe in times of need, when private industry cannot do the job, with stores of virtual collateral.

That is how we fought WWII!!



To: Elroy Jetson who wrote (96794)4/21/2009 9:25:45 PM
From: Broken_Clock  Read Replies (1) | Respond to of 116555
 
We need to ignore the pleas of the real estate whores who make their living off of other people's misery.

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Can I take that as a big negatory for Obama's continuation of subprime via fannie, freddie and FHA?