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Old 05-14-2011, 09:14 AM   #4
JohnR
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Join Date: Feb 2000
Location: Somewhere between OOB & west of Watch Hill
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Quote:
Originally Posted by Chesapeake Bill View Post
I say let them all get on buses and drive to the bank so they can be turned down properly! Nothing galls me worse than seeing banks have to lend to people who have no intention of repaying or cannot afford the loan. It is an insult to those of us who worked hard to maintain excellent credit.

Kinda makes me wish I had overextend and refi'd my house to 120% of value at the peak. My neighbors did. Now half of those house have foreclosed when they were so upside down that the neighborhood values have tanked and sucked up all my equity.

I have to pay for this once with the loss of value in my house even though I was responsible and did not over extend myself. And I get to pay for it AGAIN over years in taxes against the money that the country has to borrow. So will my kid.

And the Dems blame the Repubs and the Repubs blame the Dems as Rome burns.

UnFrackingBelievable.

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