Here we go again.The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
http://www.washingtonpost.com/business/ ... tid=pm_pop
IGx Economists, Despair!
Moderator: Dux
IGx Economists, Despair!
The best lack all conviction, while the worst
Are full of passionate intensity.
W.B. Yeats
Are full of passionate intensity.
W.B. Yeats
Re: IGx Economists, Despair!
Party like it's 1999?johno wrote:Here we go again.The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
http://www.washingtonpost.com/business/ ... tid=pm_pop
WTF?
Don’t believe everything you think.
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- Sergeant Commanding
- Posts: 6394
- Joined: Mon Nov 20, 2006 10:11 pm
Re: IGx Economists, Despair!
Translation: We're going to funnel tax money and private sector capital to white deadbeats and ignorant niggers.
Re: IGx Economists, Despair!
Why despair? Laughter, ridicule and contempt are all better responses.
"The biggest problems that we’re facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all."
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- Sergeant Commanding
- Posts: 9951
- Joined: Wed Jan 07, 2009 9:01 pm
Re: IGx Economists, Despair!
What could possibly go wrong?
Re: IGx Economists, Despair!
This worked out pretty well for property buyers overall, as long as you could afford what you bought. Those of you who can't? Well, prepare to get screwed again in about a decade. In teh meantime, I'm reeeeyich beeeyich!
"Know that! & Know it deep you fucking loser!"

