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IGx Economists, Despair!
Posted: Thu Apr 04, 2013 3:54 pm
by johno
The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
http://www.washingtonpost.com/business/ ... tid=pm_pop
Here we go again.
Re: IGx Economists, Despair!
Posted: Thu Apr 04, 2013 4:02 pm
by nafod
johno wrote:The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
http://www.washingtonpost.com/business/ ... tid=pm_pop
Here we go again.
Party like it's 1999?
WTF?
Re: IGx Economists, Despair!
Posted: Thu Apr 04, 2013 4:26 pm
by Kazuya Mishima
Translation: We're going to funnel tax money and private sector capital to white deadbeats and ignorant niggers.
Re: IGx Economists, Despair!
Posted: Thu Apr 04, 2013 5:43 pm
by Pinky
Why despair? Laughter, ridicule and contempt are all better responses.
Re: IGx Economists, Despair!
Posted: Thu Apr 04, 2013 6:29 pm
by WildGorillaMan
What could possibly go wrong?
Re: IGx Economists, Despair!
Posted: Thu Apr 04, 2013 6:46 pm
by TerryB
This worked out pretty well for property buyers overall, as long as you could afford what you bought. Those of you who can't? Well, prepare to get screwed again in about a decade. In teh meantime, I'm reeeeyich beeeyich!