Reply With QuoteYou guys can act all tough and look-at-me-I'm-a-rugged-individualist if you want, but if lenders are setting minimum payments above what people actually have, all those defaults will affect you directly too. None of you are economic islands.
No use for a title
This dude is going to have an anyerism (sp?).
or bust.
You guys can act all tough and look-at-me-I'm-a-rugged-individualist if you want, but if lenders are setting minimum payments above what people actually have, all those defaults will affect you directly too. None of you are economic islands.
-Kyo
No handle, no identity.
How to profit.
Actually those defaults are wonderful for me as i can buy that land once I'm out of school at a discount from the bank forclosure sale. Wait for another sucker with a loan to front me the money. Then use that money to setup a liquor store or pawn shop to take advantage of the misery of others who are buckling under the payment pressure.
Seriously, a money making MACHINE, there is always a perfectly legal way to profit from bad decisions and human misery. Now if you're a socialist like me, you seek to play responsible parent by having safeguards in place and social programs to cushion those who make those bad choices.
Pontius is my Co-Pilate
Since I don't frame every decision I make on money and capital I'm sitting just fine. A house isn't something I think about in those terms. It's somewhere I live.
Boo, Hiss.
No handle, no identity.
you fail at capitalism icarusfall. If your money isn't working for you you're losing money on your properties. Either by taxes, depreciation in market value or whatnot unless you're receiving subsidies or aid to stay there.
Wu-Tang is for the children!
I love the fact they're called "sub-prime" loans, that speaks fucking volumes to me.
Quick zephyrs blow, vexing daft Jim.
Pontius is my Co-Pilate
I understand how the system works fine - I just don't care.Originally Posted by MarsKitten
Boo, Hiss.
Say Ahhh
You're clearly being sarcastic at this point. You have no grasp of capitalism outside simple narrow ideological ideals that are Industrial Revolution anachronisms.
Time for a change
No handle, no identity.
Someday Gozen, I'll be standing with my comrades at my back, tearing down your opressive captialist chains.
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