Did Bush thieve out adjectives of these mortgage loans and backfire to repay them? Did Bush clutch out NIND aka swindler loans?
Well ?
Irresponsible Americans did and now we ALL have to reimburse for their stupidity and irresponsibility, agree or disagree?
Answers:
Yes, but there is more blame than that. What almost the banks that gave out money next to no hope of the borrower being able to income it back? Woud you loan money to someone you knew couldn't repay you back? Would you loan your buddy $10,000.00 for a $6,000.00 car? And the gov't agency that be suppose to be overseeing banks apparently was asleep on the charge.
NO BUSH DIDN'T
BUT
BUSH ran the country into the ground so people couldn't repay their loans !!
Did he expect people to repay the loans after he sent the economyby a downward spiral
the pay today is 1990's pay
Everything else have increased
THANKS GEORGE and the G O P
for blowing the surplus and nearly bankrupting the USA !!
I agree and am angry about it...BUT the situation that set up this debacle be fashioned by Clinton and the Democrats...to be FAIR...like illegals need a huge house as soon as the Rio Grande's marine dries from their hair...I read In the SW, a huge portion of the people who bailed out on these loans be illegals...how many flavors of stupid are there running loose contained by this country?
WOW! What a simple solution. Take a serious look at deregulation.
As far as ordinary people turn, dangle enough carrots and they will bite.
Sounds close to you want to completely absolve the current administration and the greedy financial institutions.
That's not realistic even among die knotty republicans.
Agree, Agree, Agree.
This collapse was due to greed- the greed of the borrower and the lender
Sad that from now on we will hold to police our own people to make sure they don't overextend themselves.
What type of moron takes out a $2000.00 mortgage when they're making $2200.00 a month - what kind of lender doesn't check to get sure these folks have demonstrated the ability to pay-
MORONS- that's what considerate of people make choices resembling that
Doesn't say much about the IQ of everyone involved contained by this mess.
Bush relaxed the legislation on lending rules allowing banks to loan money to inhabitants at higher interest rates who were risky customers. This enabled The Banks to try and gain blood out of a stone, which as we are seeing now is impossible.
Related Questions:
How do islamic loans or mortgages work? isn't in attendance ALOT of money surrounded by this open market ?
JUST HERE ME OUT...im a muslim...in university and i wanted to know how these islamic mortgages worked...as far as i know the single restiction muslims have ...relating to mortgages is the fact that ..'intrest' is...
Irresponsible Americans did and now we ALL have to reimburse for their stupidity and irresponsibility, agree or disagree?
Answers:
Yes, but there is more blame than that. What almost the banks that gave out money next to no hope of the borrower being able to income it back? Woud you loan money to someone you knew couldn't repay you back? Would you loan your buddy $10,000.00 for a $6,000.00 car? And the gov't agency that be suppose to be overseeing banks apparently was asleep on the charge.
NO BUSH DIDN'T
BUT
BUSH ran the country into the ground so people couldn't repay their loans !!
Did he expect people to repay the loans after he sent the economyby a downward spiral
the pay today is 1990's pay
Everything else have increased
THANKS GEORGE and the G O P
for blowing the surplus and nearly bankrupting the USA !!
I agree and am angry about it...BUT the situation that set up this debacle be fashioned by Clinton and the Democrats...to be FAIR...like illegals need a huge house as soon as the Rio Grande's marine dries from their hair...I read In the SW, a huge portion of the people who bailed out on these loans be illegals...how many flavors of stupid are there running loose contained by this country?
WOW! What a simple solution. Take a serious look at deregulation.
As far as ordinary people turn, dangle enough carrots and they will bite.
Sounds close to you want to completely absolve the current administration and the greedy financial institutions.
That's not realistic even among die knotty republicans.
Agree, Agree, Agree.
This collapse was due to greed- the greed of the borrower and the lender
Sad that from now on we will hold to police our own people to make sure they don't overextend themselves.
What type of moron takes out a $2000.00 mortgage when they're making $2200.00 a month - what kind of lender doesn't check to get sure these folks have demonstrated the ability to pay-
MORONS- that's what considerate of people make choices resembling that
Doesn't say much about the IQ of everyone involved contained by this mess.
Bush relaxed the legislation on lending rules allowing banks to loan money to inhabitants at higher interest rates who were risky customers. This enabled The Banks to try and gain blood out of a stone, which as we are seeing now is impossible.
Related Questions:
How do islamic loans or mortgages work? isn't in attendance ALOT of money surrounded by this open market ?
JUST HERE ME OUT...im a muslim...in university and i wanted to know how these islamic mortgages worked...as far as i know the single restiction muslims have ...relating to mortgages is the fact that ..'intrest' is...