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The American People - the Voters - have been contacting their Representatives in record numbers - And, what have they been telling their Representatives?
Vote NO -
But.. is that neccesarily better for this country? THAT is the question.. I do not know the answers.. all I know is that I'm scared either way
But.. is that neccesarily better for this country? THAT is the question.. I do not know the answers..
The American consumer has an overblown sense of entitlement and expects to be bailed out of any stupid mistake they make. I say we shouldn't do it any more. I'm tired of helping out you people who bought more house than you could pay for. I'm tired of bailing out everyone who built a house on a flood plain and didn't get flood insurance. I'm tired of people who commit insurance fraud, welfare fraud, disability fraud, et cetera. You're all costing me, the financially responsible consumer.
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all I know is that I'm scared either way
Those of us who didn't make bad financial decisions really aren't particularly worried... We're more frustrated with you all who did make bad or greedy decisions, because you're trying to put your sticky hands in our pockets and acting as if you're entitled to our money.
But.. is that neccesarily better for this country? THAT is the question.. I do not know the answers.. all I know is that I'm scared either way
Does it matter?
We live in a Representative Democracy, not a dictatorship. If you want the government to only do what it thinks is best for the country, then you don't want to live in a democratic society.
Such "responsible" people can be turned into "irresponsible" people in the blink of an eye.
The definitions can obviously be detached from their intended meaning. Purchasing a property whose value is inflated is irresponsible.
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By "mortgage industry", did you mean a CRA bank or did you mean an outside private broker working an LMI neihhborhood in hopes of building bundles of financing that could be offloaded to CRA banks at a profit? Were you working on residential or commercial properties?
Residential (residential includes multi-family.)
Broker with contract originators who worked their preferred areas. Loans were sold and bundled outside.
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Encourage, assist, and maximize are all words that have a different meaning from "require".
I stand corrected. Due to the nature of the oversight, I believe that required practice will depend on the controlling party. I assume it to be Dems. I assume they'll continue to implement their socialist agenda that's been demonstrated with the CRA.
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That would appear to me to make it an issue of regulation after all.
Typo. "I would say this isn't an issue at all of deregulation..."
We're more frustrated with you all who did make bad or greedy decisions, because you're trying to put your sticky hands in our pockets and acting as if you're entitled to our money.
Montrose, California, huh. Isn't that like right on top of the San Andreas Fault? Talk about your Poor Decisionmaking®...
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