To: Future Snake Eater
And yet we’re supposed to think that the “strategic defaulters” are scum-of-the-earth who take advantage of the poor little banksThey are scum. They bought something, promised to pay and skipped out because they wanted something else. Sorry, that is scum behavior and decent people won't have anything to do with them.
48 posted on
10/11/2010 9:48:00 AM PDT by
McGavin999
("I was there when we had the numbers, but didn't have the principles"-Jim DeMint)
To: McGavin999
They bought something, promised to pay and......gave it back for the bank to resell. At worst it's a gray area, especially in this environment where you simply can NOT trust the banks to be even slightly honorable on their end.
74 posted on
10/11/2010 10:01:28 AM PDT by
Future Snake Eater
("Get out of the boat and walk on the water with us!”--Sen. Joe Biden)
To: McGavin999
They are scum. They bought something, promised to pay and skipped out because they wanted something else. Sorry, that is scum behavior and decent people won't have anything to do with them. Like the Mortgage Bankers Assocation, who bought a nice shiny new headquarters building in DC, then walked away when they decided they couldn't afford it, strategically defaulting to the tune of about $40 million.
107 posted on
10/11/2010 10:29:28 AM PDT by
Bubba Ho-Tep
("More weight!"--Giles Corey)
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