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To: gcruse
The culprits in this are the grievance-mongers who accuse lenders of redlining and denying loans to high risk borrowers

No, if the greedy lenders wouldn't have misplaced their professionalism, ethics and standards when lending money, we would have NEVER been in this mess to begin with.

Loan commission greed was a big factor.

Plenty of guilt to go around. Takes two to tango here.

11 posted on 09/01/2007 7:57:19 PM PDT by dragnet2
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To: dragnet2

“if the greedy lenders wouldn’t have misplaced their professionalism’

They did so under pressure to get more people into homes [compassionate conservatism] and make loans to high risk minorities [leftist race-mongering]. Without the drumbeat of criticism from Washington, the lenders wouldn’t have made many of these loans.

There ain’t no free lunch.


13 posted on 09/01/2007 8:06:10 PM PDT by gcruse (...now I have to feed the dog as if nothing has happened.)
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