Re: Fed funds rate will soon be zero by MycatRa ..... Politics Debate Forum
Date: 3/19/2008 12:05:59 PM ( 14 years ago ago)
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If I knew they were going to bail out everyone who was too ignorant to realize they couldn't afford a home and fell for some bank/lender scam then I should have joined the crowd. We could all be home owners!!! Everyone, Go Buy a house.. no money down, don't worry about the % rates, we'll save you!! Don't read the documents, don't ask any questions just sign your name and move on in.
Ok, maybe I'm being a little harsh. And I do feel for those who are "legitimately" in trouble, but come one now.. we have foreclosures, repos and credit reports for something. Not everyone is worthy of getting a $200,000 loan.
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