a
absolutely it was people. but it was the gov giving them my money with no colateral. it wasnt a buseness money, it was my money and your money if you pay taxes. if business was giving the loans, and they werent, it wouldnt have happened. gov comes in and says you gotta give loans to peeps with no chance of recovery or you are going to jail. as a borrower, if i tell you here is a million $ and if you default...no prob. are you taking the loan? i am!! so i should thank gov for letting people take a chance with my money? this all started with jerkoffs like barney frank saying we need to make loans available for low income people. okay han, here is where you jump in and say that i am imagining barney frank doing this even though its on video tape....this wasnt tricking people, this is a bunch of people prone to overspending, not all but most, who were told come on in and open up your brothel with preteen "hookers" and we will give you money backed by fanny/freddie. honestly, if you cant look around and see the truth, somethihg is seriously wrong. the truth is, these gov fucks gave away your money. the stuff that you work hard for. they gave a bunch of mortgages that were never gonna be repaid. the banks knew it but were told, 'dont worry we got your back". and they did have there back. thats truth. wake up and smell it. has nothing to do with fox, smox, cnn, bnn, or any news. this is truth....now what? get the gov out of the loan business. let loan companies set their own standards. certainly no banker would say hey, lets give this guy a loan for 300,000 on a property he will never pay for. gov said go ahead and do it and we will back you. truth and if you have ever read all those documents the gov makes you sign at closing when buying a house...you know i am tellin the truth.
NO, i am not taking the loan.