> You keep on and on, again and again, cherry picking and ignoring the > full > picture so you can make more bizarre points.
"You should not buy a house that you cannot afford." Dear god, you're right, the crazy in that sentence practically strangles you as you read it. > When someone goes to buy a house and they go to bank after bank and > every > bank is offering them similar terms they are doing "due diligence." No. When you read the terms of the contract and calculate how much of your income will go to paying for the mortgage every month, and add in your other expenses to be sure that you can afford everything, that's due diligence. When you whine because your ARM adjusts WAY up or your interest-only loan bites you in the ass and you now find yourself in a bind because you couldn't be bothered to think 5 minutes into the future, there are number of other words that apply, none of which are the words "blameless" or "victim." > The bankers who gave the wrong assessment are guilty of malpractice at > the front end of the problem. The same bankers are guilty of > malfeasance > for failing to take responsibility for the problem their bad assessment > created. Finally they are guilty of stupidity for not working out the > mortgages and foreclosing. I feel like I'm talking to Vizzini in the "The Princess Bride." All you keep saying is "inconceivable!" ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
