Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: BenLurkin

I have an exciting NEW idea! What if we encourage Americans to borrow lots of money at attractive rates — maybe taking overpriced real estate as collateral — and allow them to lie about their ability to pay it back?

That should reinflate that ol’ bubble pretty well. Ya think?


3 posted on 06/21/2009 3:37:10 PM PDT by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Nervous Tick
"What if we encourage Americans to borrow lots of money at attractive rates — maybe taking overpriced real estate as collateral — and allow them to lie about their ability to pay it back?"

Barney is that you? Maxine?

13 posted on 06/21/2009 5:26:16 PM PDT by blam
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson