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To: AreaMan

People are tired of getting pushed around by a non-responsive government and non-responsive corporations. I say good for Terry Hoskins!


88 posted on 02/19/2010 11:52:27 AM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: DTogo
I say good for Terry Hoskins!

Yes, what a guy. A bank gives him a business loan and takes his land/home as collateral, so that if his business fails they are protected. When his business does indeed fail, he stiffs the bank and then destroys the collateral. What a hero!

Community banks (which this one appears to be) can't afford to take many losses. If they do, guess what happens? They fail. When they fail all their investors lose their money and all their employees lose their jobs. But hey, Hoskins needn't worry about that! He was pissed that the bank was going to adhere to its contractual rights under the agreement he knowingly entered to, so he was perfectly justified in his actions.
95 posted on 02/19/2010 12:45:25 PM PST by VegasCowboy ("...he wore his gun outside his pants, for all the honest world to feel.")
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