Quote:
Originally Posted by TuborgP
I think we differ on what is greed. Trying to mazimize profit is capitalism and the system that made us a 20th century super power. I am not selling my house for altruistic reasons so you can have a place to stay. I am selling it to use the capital for another purpose. I don't consider that greed. I do consider it wealth accumulation. Home equity has solidified many a middle class retirement.
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I love capitalism and I'm not a socialist. I'm just for affordable housing for All-Americans so they can all join in the wealth creation process and not get either squeezed out or exploited by the banks, RA's, and city governments to further their agendas...Its in everybody's best interest. I think we see that with the drop in GDP, Consumer Spending, home purchases, and increase in bankruptcies and CC balance debt...
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07-22-2007, 08:03 AM
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