To: DebtBomb who wrote (32827 ) 12/2/2010 12:22:05 PM From: John 8 Recommendations Read Replies (5) | Respond to of 71456 The banks are blood-sucking parasites. The politicians are evil vampires. They are in bed together. Look, if a man is stupid enough to take a loan from a bank at 10 percent or 30 percent or 50 percent interest, so what? It's NONE of my business or concern. Why should it be? Likewise, if a bank's risk management model indicates, "Issue a sub-prime loan to a terrible credit risk at 35 percent interest," so what? It's NONE of my business or concern. Why should it be? When the whole plan backfires and (a) the man cannot pay back a loan he never should have taken in the first place, and (b) the bank loses its principle, DO NOT INVOLVE ME OR THE GOVERNMENT IN THE SOLUTION!!! DO NOT!!! The bank should simply confiscate the property through civil court or fail for making bad business decisions. The idiot who took the untenable loan should become homeless or sent to debtor's prison to pay off his debt. In both cases, I do not care which solution is implemented or how it is resolved. Like I said, it was none of my business, until now... Now, the politicians have made it my business by using my taxes to keep (a) the son-of-a-bitch in a home he cannot afford, and (b) the banker fat and happy, (c) themselves fat and happy, and (d) foreigners in other countries fat and happy -- all at my expense! -ng- Meanwhile, I have to work for everything I have, and I have to pay for an idiot's house note, auto loans, and credit cards, and I have to pay for the banker's elite lifestyle, and I have to pay for the elite lifestyles of the politicians who enabled the chaos and now force me at gunpoint to pay for the pleasure of being financially gang-raped for actions that NEVER involved me in any way, shape, or form!!! -ng-