Re: UNCIVIL UNIONS

"nicholas a. evans" <[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
On Thu, Mar 10, 2011 at 11:54 AM, Mike Findlay <[email protected]> wrote:
> To the extent its relevant the Bible has some pretty harsh things to say to
> those who act like the lenders did in the real estate bubble burst.  They
> enticed, (entrapped if you will), people into many of those deals appealing
> to and manipulating human nature to want something for nothing and
> convincing people they could really have just that.  Of course people bear
> responsibility for their own actions but woe to those who prey on the
> vulnerable and manipulate them for gain.

Yes.

> I will always be convinced that it was the asshole energy speculators that
> are significant part of the real estate crash.  When gas was $2/gallon
> people could get by on their interest only loans even if they were stretched
> to the limit - they could essentially live beyond their reasonable means and
> make it work if their costs remained level.

Yeah, I don't hear this talked about all that much.  But I agree it's
probably (yet another) fatal straw on the camel's back.

-- 
Nick

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