oldskool

Little House on PIMCO’s Prairie

What about the home owner? It all started (starts) there. She obviously never intended to pay this mortgage or she would have never signed for 9.25% adjustable mortgage in 2007! She & her accomplices should be convicted of fraud, embezzlement, theft, pick your crime. We should not tolerate the, “I'm not responsible for my actions” attitude. Its not her fault she’s a drunk, cheat, dumb__. Its the appraiser’s fault, its the mortgage companies fault, its the governments fault . . .

Not to worry, we'll just print more money & give it to the banks no questions asked (but make the car companies hitchhike to Washington and submit a 100 page repot for a fraction of what the banks got). Makes me confident our problems will all be over soon as Obama prints a little more money to give away.

Teach your kids to live within their means. Maybe their kids world won't be as screwed up that way.