Quote:
Originally Posted by goof2
I especially didn't like how home buyers were forced at gunpoint by those dastardly bankers to take out loans they couldn't afford. Wait, that didn't happen. 
Home buyers happily signed on the dotted line and obligated themselves to pay back loans they couldn't pay back. The banks certainly bear some responsibility for what happened but the individuals who by the millions took out loans and "stuck them in their greedy pockets" with little consideration about paying them back bear some responsibility as well.
This couldn't have happened without a lot of greed on both sides. |
I missed the part where homeowners actually caused the housing price bubble, and then benefited from its crash, resulting in one of history's greatest land grabs by banking robber barons since before the Fed was established.
Oh, wait...that's because that's not exactly how it went, right?