On Thu, Apr 24, 2008 at 5:13 AM, Jean Laeremans <
[EMAIL PROTECTED]> wrote:

> On Thu, Apr 24, 2008 at 12:08 PM, Dave Crozier <[EMAIL PROTECTED]>
> wrote:
> >
> >  Unfortunately us poor b*stards over here are now in the situation that
> we
> >  are paying for all the bad sub-prime lending that your financial
> >  institutions have made despite it not being our fault. Mortgages are up
> at
> >  about 7.5% and rising - if you can find anyone to lend you the money, so
> >  stop bleating, you don't know how "untaxed" you really are. Welcome to
> the
> >  real world which, I might add, your government continue to screw up and
> >  expect everyone else to pick up the tab for.
> >
> Amen to that.
>

-----------------------------------------------

I have to call a bull shit on that.  You bought securities that said they
were paying 90% on time and it's rate was AMAZING.  It was gold and
EVERYBODY bought it thinking that they were going to get rich.

Sorry but England did the same thing as well as Europe and parts of South
America.   When banks saw the revenue they could acquire they got on it.  Or
do you think that you didn't have overpriced Real Estate and wanted your
values to raise higher and higher?


-- 
Stephen Russell
Sr. Production Systems Programmer
Mimeo.com
Memphis TN

901.246-0159


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