Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
it was certainly real enough for my brother in law who paid $120K in 2003 and sold for $210K a mere 4 years later.
are you saying he's got to give that 'unreal' profit back?
This is exactly the problem. Guys like him ended up with about $60k for doing NOTHING, and his win was chump change compared to folks on the coasts, and on Wall Street, and while those folks are living large, the whole global economy is imploding from the most massive injection of wealth into a minority of society in modern history. Did rising wages justify that price? Or did the next guy just get the neutron bomb? How is that good economics? Both W and Clinton rode insane bubbles, and the housing bubble was nearly the speeball that killed America.
It is sleazy beyond belief to try to pin this on Obama. Now if it were legal for him to shake your brother down for the $60k, then maybe so. Otherwise, where is he to replace that wealth? He can't and Romney can't. We need to all wake up and ensure this sort of cocaine bing never occurs again. It will start by seriously regulating Wall Street. What they did was absolutely criminal, and exactly why private firms must be watched. They lined their pockets as the country burned, and yet conservatives want more of the same.
And people blame Obama for the economy and complain he didn't fix in 2 years. The Bush Recession set us back 18 years. Thanks Obama administration for preventing a full-blown depression and keep up the good work!
My oh my, this coming from WAPO is very surprising. I bet it is totally true but don't think of WAPO as a source of this much truth. At least I didn't see any blame to either President for this. It is hard to believe that it is true since our President announced Friday that the private sector is well.
Since when did banks become non profits. I pay for what I can afford what is in my bank account. I don't assume the bank should float me free money. People. Grow up !
Yep I think 1.7 trillion in home values lost in '10. Not sure where it's at now.
The market value of my home today is 2/3 less than it was 4 years ago. My 401k plan lost 1/3 or more of its value before rising today to what it was 4 years ago. Business persons made decisions which robbed the nation of trillions of dollars, and who's in jail for it? You can walk into a 7-11, hold it up and take 250 and spend 5 years in jail.
The market value of my home today is 2/3 less than it was 4 years ago. My 401k plan lost 1/3 or more of its value before rising today to what it was 4 years ago. Business persons made decisions which robbed the nation of trillions of dollars, and who's in jail for it? You can walk into a 7-11, hold it up and take 250 and spend 5 years in jail.
Yea, the douchebags raped their own country for a quick buck.
But, you see if they can just pin this on Obama, they can get right back to it! And I guess conservatives just cannot or will not connect the dots.
It is almost as if Rush Limbaugh or Grover Norquist raped their sister, they would try to blame it on Obama or some other democrat, so they could keep him out of the big house and could get right back to "mega dittos Rush!!!!" Sad really. I guess if you gorge on propaganda all day, that is how you think.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
And I guess conservatives just cannot or will not connect the dots. 
