re: #544 Lateralis

It is also what happens when the government gets involved and gives home loans to people who shoulgn’t get them.

So you’re also ignoring the deregulation which meant that the brokers selling the loans were not attached to the banks holding the paper, thus creating a moral hazard where the broker can sell with impunity and ignore the risks of a NINJA loan (look it up, jack) because they’re not accountable for the loan going under? You’re ignoring the deregulation which allowed “innovative” loans full of weird adjustible rate mumbojumbo to enter the marketplace? Loans that only really make sense if the value of your house steadily climbs at a rapid rate?

You guys are hilarious. :D The mindless robotic talking point repetition, it’s breathtaking to behold. You guys will follow a talking point off a cliff, into the briny deep, and you’ll sink beneath the waves, cradling it to your breast as if it were your own son.

Knowledge? That shit’s hard. and has gre areas. And factors. And it requires effort to uncover.

Just let Rush tell it to you. Just let Hannity give you your opinions. Just let some blog tell you what you need to know, instead of looking it up and trying to understand it. Jesus Fucking Krypton.