On Fri, 21 Nov 2008 18:22:56 +0000, Michael Coburn wrote:
> On Fri, 21 Nov 2008 10:07:22 -0800, Peter Franks wrote:
>
>> Mason C wrote:
>>> On Thu, 20 Nov 2008 22:00:11 -0800, Peter Franks <none@[EMAIL PROTECTED]
>
wrote:
>>>
>>>> Mason C wrote:
>>>>> That is a failure of the unregulated free market -- overselling and
>>>>> in many cases outright deception if not criminal fraud.
>>>> What is an example of the deception and/or fraud?
>>>>
>>> Deception: telling people they could afford a house they *obviously*
>>> could *not* afford.
>>
>> ?
>>
>> I've always assumed that was MY responsibility. So is what you are
>> saying that it is someone else's job to tell me what I can and can't
>> afford??? If that is the case, I've never listened to or obeyed what
>> someone else has told me to do wrt what I can and can't afford. Please
>> explain why I'm not in debt and live within my means?
>>
>>> Fraud: unrecorded verbal instruction at odds with the fine print.
>>
>> ?
>>
>> What are these "unrecorded verbal instructions" you speak of?
>>
>> Doesn't the fine print say that the fine print is the last word on an
>> issue, verbal instructions aren't authorized nor part of the contract?
>> That is what it says on most every one of my contracts...
>>
>>>> How come I didn't get suckered into the deception and fraud when I
>>>> refinanced several years ago?
>>>
>>> I assume from what you say that you were not one of the "many cases."
>>> You were smart or lucky. (I'm surprised by your question.)
>>
>> Luck had nothing to do with it. Smart, I don't know. But I did read
>> the contract and I did take personal responsibility for my actions.
>
> This "debate" was settled long ago. But the rightards will never let it
> go. The buyers saw a chance to improve their lot. They would probably
> never had a chance to do so if not this _ONE_. They had no money and no
> assets to lose and everything to gain. If the bubble continued then
they
> would end up in much better financial shape than what would have been
had
> they not participated. They also would be living in better
> accommodations. When someone offers you such a deal you are a complete
> moron to turn away. And all the other members of your economic group
> will leave you in the dust as they take advantage of this OP****TUNITY.
>
> The point is that this op****tunity should not have existed. And it
> existed due to deregulation, greed and the lust for power. It existed
> because the Republicans needed the housing bubble to continue to sell
> their make war and cut taxes s**** oil economics. It was not the poor
> people who bought the homes that were the malignancy. It was the lying,
> thieving latter day Republican party.
I've become convinced that the Republican party has morphed into a den of
sociopaths and pathological liars. Just look back at the web of lies they
concocted for their crimes. Look at the incessant ****fting of blame for
failures, moving the goalpost for removing Saddam, for the economic
meltdown, it's either Clinton's or Obama's fault, never their own.
Honest people have the ability to 'fess up saying "Ok, I ****ed up. I
won't do that again and have learned from the error in judgment."
Republicans cannot, will not, EVER admit a mistake and continue on the
same path to perdition.
This is not the Republican party of olde, it is a cesspool of nasty,
cruel, aggressive, religionists intent on implementing a theocracy
subjugating any deviance from their scripture.
--
Regards, Curly
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