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Damn..This guy is half responsible for the situation we are in now..
the “situation” was caused by america’s blindness towards its own country.
Actually, this situation was caused by a combination of Greenspan urging people to take advantage of these types of loans and companies to buy them up as there was “little chance they would fall through”, Short sighted bankers buying up high risk loans to make their bottom lines look better, sharky loan officers not fully explaining the loans, and finally people having their heads far up their asses and refusing to use common sense when buying a house. In what world does it make sense to gamble by getting an interest only loan in which the interest plus principle (when it comes due) is more than you make in a month? That was a gamble nobody should have taken, and I do not feel bad for those that got stuck in high risk loans like that.
Bring me a cookie, Smithers!
ha! i was thinking the same thing…
That “excellent” was …
… excellent.
These comments are excellent!
most excellent