Well unless you are going to pass laws protecting people who borrow too much because they are ignorant from foreclosure then yes they too have to accept the responsibility for their actions. If you really look deep it was not the vast bulk of the mortgage companies that went after the sub prime market. It was just a few. And those were ones like Freddie Mac/Fannie Mae. And guess what, Freddie Mac/Fannie Mae are OWNED BY THE US GOVERNMENT! Instituted by the liberals with the specific idea of allowing poor people the opportunity to buy homes. And there was a big push clear up to the POTUS to prosecute if they could. And even external_link's justice department couldn't get enough evidence of wrong doing. Sure IMO they were morally wrong but according to the laws and regulations? We don't allow prosecutions based on morals. You actually have to break a law. Just because some reported claims a law has been broken doesn't mean it has been. Should some people have gone to jail over this? Yea but in my opinion you would have needed to start with the politicians who created the monster.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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