Quote:
Originally Posted by Jim in CT
The tea party literally began, when frustrated citizens who didn't make any dumb decisions, and who were struggling through a brutal recession, were told they had to give money to people who freely chose to buy more house than they could afford. They didn't feel obligated to do that. There is some logic to that position.
As usual, you portray your side in an oversimplified way, and demonize everyone on the other side, refuse to concede they may have a point.
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Jim, as usual, you portray your side in an oversimplified way, and demonize everyone on the other side, refuse to concede they may have a point.
The HARP program wasn't simply giving money to people who freely chose to buy more house than they could afford, it allowed homeowners underwater because of the housing bubble bursting to refi.
The wasn't the necessarily the homeowner's fault, it was primarily a result of deregulation, predatory lending and corrupt banking practices.