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Some mortgage borrowers getting desperate (Video report of home owners desperate to sell)
http://www.msnbc.msn.com/id/8874568/ ^ | 8-9-07

Posted on 08/10/2007 8:03:53 AM PDT by Hydroshock

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To: Lizavetta

Some do not like what I have to say.


41 posted on 08/10/2007 1:36:53 PM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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To: Hydroshock
Well, you did negligently leave out a few, like

formerceosjumpingoutofbuildings
wereallhoboesnow, and
hooverblankets.

42 posted on 08/10/2007 1:39:09 PM PDT by Lizavetta ( Politicians: When they're speaking, they're lying - when they're not speaking, they're stealing.)
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To: Porterville

Then they should be locked out. If you can not afford to buy somethign you should not buy it.


43 posted on 08/10/2007 1:40:38 PM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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To: TChris

I see... so regulation is the way to go... like a communist?


44 posted on 08/10/2007 2:36:14 PM PDT by Porterville (I'm an American. If you hate Americans, I hope our enemies destroy you. I will pray for my soul.)
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To: Porterville
I see... so regulation is the way to go... like a communist?

What???

When and where did I ever advocate regulation?

45 posted on 08/10/2007 2:37:59 PM PDT by TChris (The Republican Party is merely the Democrat Party's "away" jersey - Vox Day)
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To: Hydroshock

It is just another tool... you know what a tool is?

So, using your logic, if some jack ass cuts his thumb off using a table saw because he is drunk... we should ban table saws?


46 posted on 08/10/2007 2:38:37 PM PDT by Porterville (I'm an American. If you hate Americans, I hope our enemies destroy you. I will pray for my soul.)
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To: TChris

Oh... you used the word “STANDARD”....


47 posted on 08/10/2007 2:40:20 PM PDT by Porterville (I'm an American. If you hate Americans, I hope our enemies destroy you. I will pray for my soul.)
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To: Porterville
Oh... you used the word “STANDARD”....

Exactly.

By the word "standard" I meant an institutional standard, in the case of the 20% down payment, for lenders, and a personal or institutional standard of a payment about 30% of monthly income or less. These used to be approximately the standards on mortgage lending, and it seems that wisdom is becoming apparent.

You'll very likely never see me advocating any governmental regulation of anything. :-)

48 posted on 08/10/2007 2:49:19 PM PDT by TChris (The Republican Party is merely the Democrat Party's "away" jersey - Vox Day)
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To: TChris

I like my tools... standards tend to get in my way


49 posted on 08/10/2007 6:30:38 PM PDT by Porterville (I'm an American. If you hate Americans, I hope our enemies destroy you. I will pray for my soul.)
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