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![]() wrote in message ... It makes no difference if every bank in the world sets up a "screw everybody that can fog up a mirror" department and hires the Hell's Banditos to manage them. Until someone voluntarily signs papers to buy a house they can't afford or signs papers to receive money that they can't afford to pay back, it doesn't do the banks much good. And to say some bank somehow "tricked" them into thinking that they could afford it is utter nonsense. Perhaps, this is the justified end-result of the dumbing down of America. To think that some woman over the phone(to use one of Dave's brilliant examples) was able to gull folks into signing written contracts for anything is near-astounding! Ask anyone of our parent's generation, of most any educational background, if they would entertain such an idea and the vast majority would look at you as if you had three heads. If a person hasn't gotten the idea, by adulthood, that you better read the fine print before signing anything, then heaven help them. And, while it is completely derelict and reprehensible to prey on those dumb enough to be victimized, the 'victims' do bear some responsibility. Like any street con, it is essential that the mark does his/herself in by his/her own greed and ignorance. If that were the case, they would have been "tricked" into all sorts of other schemes repeatedly throughout their lives. And yeah, yeah, yeah, I know, someone knows of a little old lady who actually did get conned. And I'd acknowledge that such can, did, and does occasionally happen, but it is a rare thing, relative to the current situation. HTH, R Dave Which former Fed Reserve Chairman is a follower of Ayn Rand? As I've said in the past, I'm no fan of Greenspan, and if "we" must have a single person to blame, he's as good a choice as any, but even heaping him with a double portion still leaves quite a load to spread around... |
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On Apr 17, 5:21*pm, "Tom Littleton" wrote:
- Show quoted text - Tom, Tom, Tom. This thread reminds me of the folks who were the biggest crybabies when their bubble was burst with a plant closure. Inevitably they were the managers and the coddled techies and engineers. And I do mean cry. At least working people knew how to buckle up and get off their ass and try something new. Like my dad said, there but for the grace of God go I. End of thread for me. Dave |
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