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To: Bobkk47
The libs told the banks that if you they didn’t loan money to sub-prime borrowers, the majority of whom were minorities, then they were “racist”. So the forced them to loan the money to people who couldn’t pay it back. And that’s where we are...

There's a lot of truth to that. But of course, this will all be laid at the feet of President Bush and his so-called "failed economic policies". And the dumb masses will swallow it hook, line, and sinker.

397 posted on 07/12/2008 11:39:54 AM PDT by Purrcival (All your Diebolds are belong to us)
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To: Purrcival; Bobkk47

They loaned the money because the loans could be sold. Debt is a product.


399 posted on 07/12/2008 11:45:10 AM PDT by durasell (!)
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