Posted by Dave from MN on March 21, 2009 at 05:45:31 from (96.24.108.212):
Was watching a preview for a dateline(?) show for this weekend and they had a lady on there that was complaining how the bank, I think they said Countrywide(?)apparently she defaulted on the loan and was foreclosed on. Apparently the loan officer falsified(per her statement)the monthly income application and she was approved for the condo. apparently the loan payment was more than what her monthly income was!! Why does the media put these idiots on there and expect us to feel their pain. Those are not the people I feel bad for. Why would a person take on a loan that the payment is larger than your income! Get some people on there that have lost their jobs due to outsourcing and are losing the battle, not those other fools. People like that need to be sitting right next to the bankers when they are in the hot seat. Ok, I vented. Now for more coffee, YT, and Sour dough english muffins with honey and butter on them!
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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