More Free Market bullshit. Protecting the Banks from thier own stupidity

Filed in National by on December 21, 2007

$1 million sought for mortgage crisis
Minner’s task force: Funds needed to slow the rate of foreclosures

less foreclosures = less losses

plain and simple, they could care less about the people in the homes. Having a built up inventory of property that was overvalued and have mortgages 30% higher than what they will sell for would be devistating to their margins.

while it is a shame people are in this situation but call a spade a spade. This is more help for corporate america.

What happened to Free market competition? I thought this is how the economy is supposed to operate?

What a joke. Damn I need to get a business model like this one!

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  1. jason330 says:

    Damn I need to get a business model like this one!

    Also remember to get Republicans to do your performance appraisal. The more you screw up the faster you rise.