Banks and the subprime agenda...?Is subprime merely yet another means for banks and financial institutions to make the US its' b*tch? or crush those aspiring to the middle-class? hidden agendas? "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed... | |
What is shows is that the courts need to butt out of banking. This all started years ago cause minority folks whined like babies that they could not get a mortgage and that it was racism. The courts and the Feds got involved and finally the banks caved. They gave minority people loans, and those idiots bought more house than they can afford, my guess is they thought Uncle Sam would just cover them if they fell. Now we are stuck with the mess. Oh and thanks to those deadbeat pieces of fecal matter for vandalizing the homes before they left.
I doubt it. Banks lost hundreds of billions of dollars in subprime lending.
No, it's a means for those who can't afford a house to get one anyway and walk away when they can't pay for it. And guess who has to foot the bill.
I think that it was caused by incompetence, stupidity and inexperience more than anything else.
I doubt that conspiracies had anything to do with it.
Obama caused it and if you think he didn't then it was Hillary.
