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Ouch - subprime mortgage foreclosures in a dope image
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[QUOTE]Originally posted by 532Fastback: [QB] [QUOTE]Originally posted by BCINGUU: [qb] I guess I don't understand the idea of financial responsibility belonging to anybody besides the individual. I was raised to believe that America is a land of opportunity, and anybody can do what they want, but if you choose to take risks, then you are the one who has to take the consequences. Personal freedom, personal responsibility. That's how I was brought up, but maybe that was a different generation. 95% of the people I've talked to think subprime borrowers are innocent victims of predatory lenders. To me, saying the government or the lenders should have prevented borrowers from taking on more than they can handle is a lot like blaming Ford if you buy your teenager a Mustang and they wreck it - hey Ford, you should have stopped me from buying that car. Makes no sense to me? [/qb][/QUOTE]i think your going to have a different outlook on it because you used to work as a subprime lender. Everyone will point fingers in different directions, the question is how do we fix the problem now? [/QB][/QUOTE]
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