[Toddsterpatriot]

I made $30k just as the bubble burst, thanks to people with your attitude about the goodness of bankers.

That's awesome. Where did I mention the goodness of bankers?

Any luck on your claim about the Fed buying junk?

I’m doing just fine now and will get through the NIGHTMARE you guys are imposing on this country.

You guys? You mean helpful Freepers?

[BobL]

“Where did I mention the goodness of bankers?”

Where you said that they make loans expecting them to be paid back. NO ONE making an Option ARM in California at a value of 5 times income EVER expected the loan to paid back per its terms...unless the house appreciated ANOTHER 25%. Face it, they gambled, and they were going to lose and they did...and they knew that would happen, at some point, as it HAD TO HAPPEN.

“Any luck on your claim about the Fed buying junk?”

I guess you missed the part about the $3.5T of worthless foreign paper.