Since I'm in a foul mood, allow me to share. You know this big financial crisis that they hope to "fix" by taking your money - the money you worked for, the money you'd like to save for a house, a vacation, your child's future - and using it to bail out those who were irresponsible and the companies who enabled them? Do you wonder how it happened?
Well, here you go...and remember, have a nice day! Hope & change!
Monday, September 29, 2008
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3 comments:
I believe banks have a significant amount of responsibility in this. Any bank that would issue a $150,000 mortgage to a person who makes min. wage is begging for trouble. Lots of banks made lots of bad decisisons about who they would loan money to, and now it's come back to bite them.
I agree Lydia, which is why upper management at these failing banks should be investigated. There should be no "golden parachutes" for management that runs a company into the ground.
Nah. The banks wouldn't have made the loans if the Democrats and community organizers hadn't strong-armed them into it.
I am so glad I got liquid before this whole mess got really bad.
M
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