Who caused the housing bubble?

I will first say that am not that savvy with economics.

Mr Red wrote:

I will first say that am not that savvy with economics.

you should have stopped there rather than going on to prove your ignorance.

I think the banks and all the scumbags that they find to work for them temp people with home loans and the American dream like satan tempted Adam and Eve with the apple,

"Oh, sure you can afford this, no catch. The loan is set up to help acheive the American dream."

And then in the end the bank gets the house back, and the family? Use your imagination.

This is capatalism. Exploiting the person under you any way you can, No rules, no morals, no love.

I have shared my house alot and when the people thank me I say, " there is no need to thank me, we are both in the same boat and abused by the same people, Mi casa es su Casa."

My house is a house for all people. I do unto others as I would have them do unto me. That is why I don't beleive in religion or capatalism. We are all chosen.

The american dream is debt beyond your wildest fantasies and ability to repay

maybe I should have added a -> to the end of my post.

I dont think it a dream at all.

I was being .. sarcastic..

beyond your wildest dreams AND beyond your ability to pay is what i should have said..

Amigo wrote:

I think the banks and all the scumbags that they find to work for them temp people with home loans and the American dream like satan tempted Adam and Eve with the apple,

"Oh, sure you can afford this, no catch. The loan is set up to help acheive the American dream."

And then in the end the bank gets the house back, and the family? Use your imagination.

This is capatalism. Exploiting the person under you any way you can, No rules, no morals, no love.

I have shared my house alot and when the people thank me I say, " there is no need to thank me, we are both in the same boat and abused by the same people, Mi casa es su Casa."

My house is a house for all people. I do unto others as I would have them do unto me. That is why I don't beleive in religion or capatalism. We are all chosen.

Amigo you can refuse the loan, barter or just watch everyone else plummet to their deaths and then buy the homes when they are cheaper on auction. Leave God out of it.

RexRed wrote:

Amigo wrote:

I think the banks and all the scumbags that they find to work for them temp people with home loans and the American dream like satan tempted Adam and Eve with the apple,

"Oh, sure you can afford this, no catch. The loan is set up to help acheive the American dream."

And then in the end the bank gets the house back, and the family? Use your imagination.

This is capatalism. Exploiting the person under you any way you can, No rules, no morals, no love.

I have shared my house alot and when the people thank me I say, " there is no need to thank me, we are both in the same boat and abused by the same people, Mi casa es su Casa."

My house is a house for all people. I do unto others as I would have them do unto me. That is why I don't beleive in religion or capatalism. We are all chosen.

Amigo you can refuse the loan, barter or just watch everyone else plummet to their deaths and then buy the homes when they are cheaper on auction. Leave God out of it.

I don't leave god out when it is convenient, I am not a christian. God is everpresent and watching when we think we choose to leave him out. In fact that is when he notes that we fail the test of love. When we "choose" to "leave" him out.

But don't worry Rex, We will lose to the men of religion in the end and they will get what they seek by lies, temptation, greed, capatalism, religion.

And the rest of us will just have to have faith that helping eachother through this and not taking advatage of eachother will pay off after we are dead. We are the people. We are a very small group but we are world wide. We have no power but someday maybe you will join us if you see the light. And then you will be free.

The american dream is debt beyond your wildest fantasies and ability to repay

The president should declare all the houses bought in a certain time period to now be half priced. The loans taken out were on over valued properties by contractors and banks and should never have been valued so high in the first place.

Amigo wrote:

RexRed wrote:

Amigo wrote:

I think the banks and all the scumbags that they find to work for them temp people with home loans and the American dream like satan tempted Adam and Eve with the apple,

"Oh, sure you can afford this, no catch. The loan is set up to help acheive the American dream."

And then in the end the bank gets the house back, and the family? Use your imagination.

This is capatalism. Exploiting the person under you any way you can, No rules, no morals, no love.

I have shared my house alot and when the people thank me I say, " there is no need to thank me, we are both in the same boat and abused by the same people, Mi casa es su Casa."

My house is a house for all people. I do unto others as I would have them do unto me. That is why I don't beleive in religion or capatalism. We are all chosen.

Amigo you can refuse the loan, barter or just watch everyone else plummet to their deaths and then buy the homes when they are cheaper on auction. Leave God out of it.

I don't leave god out when it is convenient, I am not a christian. God is everpresent and watching when we think we choose to leave him out. In fact that is when he notes that we fail the test of love. When we "choose" to "leave" him out.

But don't worry Rex, We will lose to the men of religion in the end and they will get what they seek by lies, temptation, greed, capatalism, religion.

And the rest of us will just have to have faith that helping eachother through this and not taking advatage of eachother will pay off after we are dead. We are the people. We are a very small group but we are world wide. We have no power but someday maybe you will join us if you see the light. And then you will be free.

Faith without truth is just another blind religion. Sounds like you are deluding yourself. Faith should not begin by lowering the importance of God.

Mr Red wrote:

The president should declare all the houses bought in a certain time period to now be half priced. The loans taken out were on over valued properties by contractors and banks and should never have been valued so high in the first place.

No interest whatsoever in the constitution Mr Red? It's my understanding that your proposed government action would have been common in the old USSR. Are you a communist Mr Red?

RexRed wrote:

Amigo wrote:

RexRed wrote:

Amigo wrote:

I think the banks and all the scumbags that they find to work for them temp people with home loans and the American dream like satan tempted Adam and Eve with the apple,

"Oh, sure you can afford this, no catch. The loan is set up to help acheive the American dream."

And then in the end the bank gets the house back, and the family? Use your imagination.

This is capatalism. Exploiting the person under you any way you can, No rules, no morals, no love.

I have shared my house alot and when the people thank me I say, " there is no need to thank me, we are both in the same boat and abused by the same people, Mi casa es su Casa."

My house is a house for all people. I do unto others as I would have them do unto me. That is why I don't beleive in religion or capatalism. We are all chosen.

Amigo you can refuse the loan, barter or just watch everyone else plummet to their deaths and then buy the homes when they are cheaper on auction. Leave God out of it.

I don't leave god out when it is convenient, I am not a christian. God is everpresent and watching when we think we choose to leave him out. In fact that is when he notes that we fail the test of love. When we "choose" to "leave" him out.

But don't worry Rex, We will lose to the men of religion in the end and they will get what they seek by lies, temptation, greed, capatalism, religion.

And the rest of us will just have to have faith that helping eachother through this and not taking advatage of eachother will pay off after we are dead. We are the people. We are a very small group but we are world wide. We have no power but someday maybe you will join us if you see the light. And then you will be free.

Faith without truth is just another blind religion. Sounds like you are deluding yourself. Faith should not begin by lowering the importance of God.

Sorry Rex that won't do. Your tricking yourself. Good luck.

dyslexia wrote:

Mr Red wrote:

The president should declare all the houses bought in a certain time period to now be half priced. The loans taken out were on over valued properties by contractors and banks and should never have been valued so high in the first place.

No interest whatsoever in the constitution Mr Red? It's my understanding that your proposed government action would have been common in the old USSR. Are you a communist Mr Red?

I am a realist.

RexRed wrote:

dyslexia wrote:

Mr Red wrote:

The president should declare all the houses bought in a certain time period to now be half priced. The loans taken out were on over valued properties by contractors and banks and should never have been valued so high in the first place.

No interest whatsoever in the constitution Mr Red? It's my understanding that your proposed government action would have been common in the old USSR. Are you a communist Mr Red?

I am a realist.

This may very well be a first on a2k, a communist explaining his beliefs as "I am a realist." The last time I heard such a statement it was from Machivialli.