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Re: Splitting the record - about the virtual lock [message #400323 is a reply to message #400299]

Fri, 28 August 2009 05:26

kadoosh
Messages: 90
Registered: April 2004

Karma:

Recruit

Dover wrote on Fri, 28 August 2009 05:46

spotelmo wrote on Fri, 28 August 2009 02:18

Quote:

(Like all the people who bought houses they couldn't afford. Capitalism at it's finest!)

hmm now that isn't the fat cats buying gold bath tubs you're talking about here. that would be the lower paid working class who got a loan
#1 that they coulnd't afford
#2 without reading all the paper work
#3 that they didn't understand
#4 that they LIED to get

I was referring to the need for government regulation in the financial sector. Certain things, like giving loans to people that they shouldn't qualify for, shouldn't be allowed.

It's very easy to put all the blame on the home buyers (And, I'll admit, a good portion of the blame does rest with them), but when it's an administration's policy to "encourage" people into becoming home buyers and when it's lucrative for banks to give such loans regardless of the secondary effects down the line, there really isn't much the individual can do. There are higher powers beyond their perception or ability to influence at work.

It was the government regulations that allowed them to get the loans... When ever the government gets in the private sector it goes bad.

PS Dover get over your wealth envy...it's disturbing.

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[Message index]

		Politics - double split By: spotelmo on Thu, 27 August 2009 13:54
		Re: Splitting the record - about the virtual lock By: RadioactiveHell on Thu, 27 August 2009 14:03
		Re: Splitting the record - about the virtual lock By: spotelmo on Thu, 27 August 2009 14:18
		Re: Splitting the record - about the virtual lock By: Romaner on Thu, 27 August 2009 16:43
		Re: Splitting the record - about the virtual lock By: Dover on Thu, 27 August 2009 21:26
		Re: Splitting the record - about the virtual lock By: spotelmo on Thu, 27 August 2009 21:59
		Re: Splitting the record - about the virtual lock By: darkdragon on Thu, 27 August 2009 22:01
		Re: Splitting the record - about the virtual lock By: Dover on Thu, 27 August 2009 22:02
		Re: Splitting the record - about the virtual lock By: spotelmo on Thu, 27 August 2009 22:10
		Re: Splitting the record - about the virtual lock By: darkdragon on Thu, 27 August 2009 22:22
		Re: Splitting the record - about the virtual lock By: Dover on Thu, 27 August 2009 22:26
		Re: Splitting the record - about the virtual lock By: Crimson on Thu, 27 August 2009 23:27
		Re: Splitting the record - about the virtual lock By: Dover on Thu, 27 August 2009 23:47
		Re: Splitting the record - about the virtual lock By: nikki6ixx on Thu, 27 August 2009 23:45
		Re: Splitting the record - about the virtual lock By: Goztow on Thu, 27 August 2009 23:49
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 02:13
		Re: Splitting the record - about the virtual lock By: Dover on Fri, 28 August 2009 02:41
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 06:02
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 02:18
		Re: Splitting the record - about the virtual lock By: Dover on Fri, 28 August 2009 02:46
		Re: Splitting the record - about the virtual lock By: kadoosh on Fri, 28 August 2009 05:26
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 06:32
		Re: Splitting the record - about the virtual lock By: darkdragon on Fri, 28 August 2009 09:43
		Re: Splitting the record - about the virtual lock By: Dover on Fri, 28 August 2009 14:14
		Re: Splitting the record - about the virtual lock By: Prulez on Sat, 29 August 2009 00:51
		Re: Splitting the record - about the virtual lock By: Dover on Sat, 29 August 2009 01:14
		Re: Splitting the record - about the virtual lock By: Ethenal on Sat, 29 August 2009 08:40
		Re: Splitting the record - about the virtual lock By: Ethenal on Fri, 28 August 2009 08:49
		Re: Splitting the record - about the virtual lock By: kadoosh on Fri, 28 August 2009 10:27
		Re: Splitting the record - about the virtual lock By: darkdragon on Fri, 28 August 2009 10:33
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 11:51
		Re: Splitting the record - about the virtual lock By: darkdragon on Fri, 28 August 2009 12:01
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 14:04
		Re: Splitting the record - about the virtual lock By: Ethenal on Fri, 28 August 2009 12:36
		Re: Splitting the record - about the virtual lock By: spotelmo on Fri, 28 August 2009 14:07
		Re: Splitting the record - about the virtual lock By: darkdragon on Fri, 28 August 2009 15:31
		Re: Splitting the record - about the virtual lock By: spotelmo on Sat, 29 August 2009 07:56
		Re: Splitting the record - about the virtual lock By: liquidv2 on Sat, 29 August 2009 01:15
		Re: Splitting the record - about the virtual lock By: c4onyou8 on Sat, 29 August 2009 01:21
		Re: Splitting the record - about the virtual lock By: liquidv2 on Sat, 29 August 2009 01:24
		Re: Splitting the record - about the virtual lock By: Starbuzzz on Sun, 30 August 2009 07:25
		Re: Splitting the record - about the virtual lock By: Ryan3k on Sun, 30 August 2009 10:13
		Re: Splitting the record - about the virtual lock By: darkdragon on Sun, 30 August 2009 11:13
		Re: Splitting the record - about the virtual lock By: Herr Surth on Sun, 30 August 2009 11:27
		Re: Splitting the record - about the virtual lock By: Starbuzzz on Sun, 30 August 2009 12:31
		Re: Splitting the record - about the virtual lock By: spotelmo on Sun, 30 August 2009 20:18
		Re: Splitting the record - about the virtual lock By: Ryan3k on Mon, 31 August 2009 12:25
		Re: Splitting the record - about the virtual lock By: kadoosh on Mon, 31 August 2009 18:31
		Re: Splitting the record - about the virtual lock By: Dover on Mon, 31 August 2009 18:40
		Re: Splitting the record - about the virtual lock By: Dover on Sat, 29 August 2009 13:45
		Re: Splitting the record - about the virtual lock By: darkdragon on Sun, 30 August 2009 04:51
		Re: Splitting the record - about the virtual lock By: spotelmo on Sun, 30 August 2009 05:51
		Re: Splitting the record - about the virtual lock By: darkdragon on Sun, 30 August 2009 07:07
		Re: Splitting the record - about the virtual lock By: spotelmo on Sun, 30 August 2009 21:06
		Re: Splitting the record - about the virtual lock By: darkdragon on Mon, 31 August 2009 06:28
		Re: Splitting the record - about the virtual lock By: kadoosh on Mon, 31 August 2009 09:36
		Re: Splitting the record - about the virtual lock By: darkdragon on Mon, 31 August 2009 11:17
		Re: Splitting the record - about the virtual lock By: spotelmo on Mon, 31 August 2009 14:42
		Re: Splitting the record - about the virtual lock By: darkdragon on Mon, 31 August 2009 17:51
		Re: Splitting the record - about the virtual lock By: spotelmo on Mon, 31 August 2009 20:42
		Re: Splitting the record - about the virtual lock By: darkdragon on Mon, 31 August 2009 20:49
		Re: Splitting the record - about the virtual lock By: Dover on Mon, 31 August 2009 20:59
		Re: Splitting the record - about the virtual lock By: spotelmo on Mon, 31 August 2009 21:32
		Re: Splitting the record - about the virtual lock By: Dover on Mon, 31 August 2009 21:49
		Re: Splitting the record - about the virtual lock By: darkdragon on Mon, 31 August 2009 21:49
		Re: Splitting the record - about the virtual lock By: Ryan3k on Tue, 01 September 2009 09:19
		Re: Politics - double split By: Herr Surth on Sun, 30 August 2009 07:16
		Re: Politics - double split By: Dover on Sun, 30 August 2009 21:34
		Re: Politics - double split By: spotelmo on Sun, 30 August 2009 21:53
		Re: Politics - double split By: Dover on Mon, 31 August 2009 03:39
		Re: Politics - double split By: IAmFenix on Mon, 31 August 2009 18:32
		Re: Politics - double split By: darkdragon on Mon, 31 August 2009 20:31
		Re: Politics - double split By: spotelmo on Mon, 31 August 2009 20:47
		Re: Politics - double split By: spotelmo on Mon, 31 August 2009 22:02
		Re: Politics - double split By: darkdragon on Mon, 31 August 2009 22:08
		Re: Politics - double split By: spotelmo on Tue, 01 September 2009 02:06

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