Posted by IndianaRed on November 04, 2008 at 16:30:38 from (68.31.124.189):
In Reply to: Re: Economy Broke??? posted by tlak on November 04, 2008 at 15:35:02:
The gas prices caused the housing problem? You are truly an ignorant fool.
Do you know what "bundling" means and how it affected the housing crisis?
Do you understand what the devaluation of the dollar means, how it is done, and the implications of doing so?
Do people have free will and a brain with which to weigh the facts about purchasing a home with no money down via ARM mortgages?
Did individual's personal greed to buy and flip a houses come into play?
I'll answer for you. "Huh? What? No? The "man" made them buy those houses, they didn't know and shouldn't be held responsible for not knowing. The government should bail out anyone that messes up in life."
The gas prices caused the housing bubble to burst. Priceless.
Please remove your head from your backside before spouting off with such foolish, inane, uninformed blather.
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