dagblog - Comments for "Swindled Borrowers are "Irresponsible" and Uncle Sam can't help them, but Greedy, Irresponsible Bankers get Bailed out?"

Right: the victim of the

JNagarya — Sun, 21 Sep 2008 02:10:18 +0000

In reply to Swindled Borrowers are "Irresponsible" and Uncle Sam can't help them, but Greedy, Irresponsible Bankers get Bailed out?

Right: the victim of the pickpocket was irresponsible for having a wallet with money in it.

It's the rape victim's own damn fault for having an exploitable opening.

I agree with oleeb that the

flavius — Sat, 20 Sep 2008 13:51:19 +0000

In reply to Swindled Borrowers are "Irresponsible" and Uncle Sam can't help them, but Greedy, Irresponsible Bankers get Bailed out?

I agree with oleeb that the democrats must protect those "irresponsible" borrowers; disagree with fname that the bailout is wrong.

I posted a couple of times on this, I'll try one more time.

Oh don't worry. The

fname — Sat, 20 Sep 2008 08:14:21 +0000

In reply to Swindled Borrowers are "Irresponsible" and Uncle Sam can't help them, but Greedy, Irresponsible Bankers get Bailed out?

Oh don't worry. The irresponsible "homeowners" will get bailed out, too. Yup, once the government owns your mortgage, you'd be an idiot to pay it. Just quit paying any interest or principal, and after 2 years of living in a house bought with 100% interest-only loan, the government will write off the loan and give them to the homeowners lock, stock & barrel. No doubt, that's what's coming if this bail out passes.

It's all BS. The bail out is based on fear generated by self-interested Wall St. insiders. The want to sell their worthless debt to the feds for double its real value so they can go on creating the next crises.

No way, no how, no bailout.