...bailout' many of the core flaws will just be hidden, renamed and lay in wait to rise again, I am afraid. No, the consumer is not to blame. Some consumers have always been stupid, greedy and unwise but that is exactly why a banking SYSTEM is in place to begin with, to guard against this and certainly not ...
..."Ed" <solon013@earthlink.net> wrote in message news:2d5ce8d6-4e9d-4b3d-a22f-5bd8703830b1@f36g2000hsa.googlegroups.com... On Sep 19, 12:41 pm, Paul <meat...@gmail.com> wrote: I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but...
"Paul" <meatnub@gmail.com> wrote in message news:bb2f66ec-6d54-42ec-9ee0-fd851b9034b8@8g2000hse.googlegroups.com... I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but we know enough not to get into something that doesn't...
On Sep 19, 12:41Â pm, Paul <meat...@gmail.com> wrote: I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but we know enough not to get into something that doesn't make sense. But apparently a LOT of people bought homes with...
......@gmail.com wrote: On Sep 19, 10:27Â am, ta <padl...@nc.rr.com> wrote: On Sep 19, 12:41Â pm, Paul <meat...@gmail.com> wrote: I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but we know enough ...
On Sep 19, 10:27Â am, ta <padl...@nc.rr.com> wrote: On Sep 19, 12:41Â pm, Paul <meat...@gmail.com> wrote: I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but we know enough not to get into something that doesn't...
On Sep 19, 12:41Â pm, Paul <meat...@gmail.com> wrote: I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but we know enough not to get into something that doesn't make sense. But apparently a LOT of people bought homes with...
I'm not trying to blame the consumer. A lot of people were taken advantage of when buying homes and all that. My wife and I bought our first home in November at a Fixed rate. We're not financial geniuses, but we know enough not to get into something that doesn't make sense. But apparently a LOT of people bought homes with adjustable rate mortgages. I mean, when I was in my early twenties...