pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
| reply to Austinloop
Re: O RLY?
I blame the banks as much as I blame the borrowers.
It isn't like the banks don't have tools with which they can verify peoples' credit. The banks knew full well that these borrowers were in no position to pay these loans back once the rates re-adjusted but chose to lend the money anyway.
Any "bailout" will simply enrich these banks at the expense of the taxpayers, and only serve to encourage more bad loans.
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Only SHATNER is Kirk. |
