On Fri, 21 Nov 2008 12:38:43 -0800, Peter Franks wrote:
> 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.
>
> Funny, you didn't answer any of my questions!
He did, you just didn't get it...
--
Regards, Curly
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