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wilburbear
 

Registered: Oct 2004
Posts: 1605

 

11-04-09 02:15 AM

http://www.bloomberg.com/apps/news?...id=a5Mu8v6dknLo

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gastropod
 

Registered: Jun 2008
Posts: 331

 

11-04-09 02:29 AM

The couple in the article is quoted as saying that buying the home was a mistake. WTF?!?! Assuming that home values would always go up - that is a mistake! Taking action and buying a home on the assumption that house prices would always go up...that was sentencing yourself to slavery! The "homeowners" should not now request a bail out from those who were NOT as stupid as they were/are! Caveat Emptor - let the buyer be aware! Too bad dumb fu(ks!!! If you couldn't buy it with cash...you shouldn't have bought it! A man makes a mistake with a chain saw - cuts off his hand - he lives the rest of his life without a hand - plain and simple. These dumb fu(ks bought a house they shouldn't have - why should the rest of us bail them out? We can't bail out the guy who lost his hand..and we WON'T bail out these fu(kers - and we certainly DON'T won't to bail out the banks that were stupid enough to lend them money.

No joke! Let the heads of the irresponsible borrower and the irresponsible lender roll!!!! No sarcasm here - no joke - bring back the firing squad for both!

-gastropod

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spinn
 

Registered: May 2006
Posts: 493

 

11-04-09 02:53 AM

this was an almodt $600k house with a $4200 a month mortgage...I wonder what these 2 geniuses do for a living?

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spades434
 

Registered: Jan 2009
Posts: 89

 

11-04-09 02:55 AM


Quote from gastropod:

The couple in the article is quoted as saying that buying the home was a mistake. WTF?!?! Assuming that home values would always go up - that is a mistake! Taking action and buying a home on the assumption that house prices would always go up...that was sentencing yourself to slavery! The "homeowners" should not now request a bail out from those who were NOT as stupid as they were/are! Caveat Emptor - let the buyer be aware! Too bad dumb fu(ks!!! If you couldn't buy it with cash...you shouldn't have bought it! A man makes a mistake with a chain saw - cuts off his hand - he lives the rest of his life without a hand - plain and simple. These dumb fu(ks bought a house they shouldn't have - why should the rest of us bail them out? We can't bail out the guy who lost his hand..and we WON'T bail out these fu(kers - and we certainly DON'T won't to bail out the banks that were stupid enough to lend them money.

No joke! Let the heads of the irresponsible borrower and the irresponsible lender roll!!!! No sarcasm here - no joke - bring back the firing squad for both!

-gastropod




Hmmm....trying to read between the lines here. Is it safe to say that you are against bailouts??????

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gastropod
 

Registered: Jun 2008
Posts: 331

 

11-04-09 03:02 AM


Quote from spades434:

Hmmm....trying to read between the lines here. Is it safe to say that you are against bailouts??????



LOL!!!! Sorry for the ambiguity in my position

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morganist
 

Registered: Sep 2008
Posts: 657

 

11-04-09 03:04 AM


Quote from gastropod:

The couple in the article is quoted as saying that buying the home was a mistake. WTF?!?! Assuming that home values would always go up - that is a mistake! Taking action and buying a home on the assumption that house prices would always go up...that was sentencing yourself to slavery! The "homeowners" should not now request a bail out from those who were NOT as stupid as they were/are! Caveat Emptor - let the buyer be aware! Too bad dumb fu(ks!!! If you couldn't buy it with cash...you shouldn't have bought it! A man makes a mistake with a chain saw - cuts off his hand - he lives the rest of his life without a hand - plain and simple. These dumb fu(ks bought a house they shouldn't have - why should the rest of us bail them out? We can't bail out the guy who lost his hand..and we WON'T bail out these fu(kers - and we certainly DON'T won't to bail out the banks that were stupid enough to lend them money.

No joke! Let the heads of the irresponsible borrower and the irresponsible lender roll!!!! No sarcasm here - no joke - bring back the firing squad for both!

-gastropod



perhaps if they did not buy such an expensive house i may have pitied them. but they bought one out of their range.

they should downsize now and not expect to stay in an expensive house.

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