Two Mortgage Markets Emerging from the Crisis [View article]
sure with unemployment on the rise who wants to take a chance in financing these houses. good people on the job for close to 40 years are being laid off.they have a good credit history but their future is very questionable.the wrong houses are being built.build a modest 1,400 sf house on a 1/4 acre,offer a reasonable 40 yr mortgage, include a preventive clause so no heloc can be issued.teach the dumb sheeples that their home is not an atm but the roof over their head.the local banks can make a nice living & so can the builders.
the free market has never been free,the anti trust laws passed many years ago.imsure there was govt interference going back to the founding.the greed,lying,unethical,... & scamming behavior of the human makes a 100% pure capitalism impossible.those that are screaming now are those whose pocket book is being affected.those making money are silent or pushing this agenda.how much money does a person need?
these consultans re management have always been a joke.cut all pay to top management.pay by dividend only.then see how many or fly 1st class.all corp. business should pay by dividend only.that would shake things up in the right direction.ever hear of a consulting firm say"ged rid of the top three exexcs?LOL
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