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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (917319)	1/26/2016 3:18:12 PM
From: jlallen	1 Recommendation Recommended By PKRBKR Respond to of 1573377

I never said the Banks did no wrong, you moron. I specifically said they were punished for their wrongdoing.... Gawd...you are the moron's moron.

To: Broken_Clock who wrote (917319)	1/26/2016 4:44:12 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1573377

BC, The reality is that homeowners were sold shoddy mortgages with crazy bumps in interest rates which were guaranteed to fail. That's a pretty popular exaggeration that absolves the homeowners of ANY responsibility whatsoever. Using your "logic," anyone in credit card debt should have their debts forgiven because, you know, the bank should have never signed them up in the first place. When I bought my first house, well before the financial crisis, I signed up for an ARM. It was clear as day to me how much my payment would go up after the fixed interest rate period expires. To claim that homeowners were "kept in the dark" with regard to this information doesn't jibe with reality. Tenchusatsu