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Originally Posted by CobraEd
Maybe these people shouldn't have bought houses they couldn't afford! It is no one's fault but their own. No one twisted their arm! But again, here in America, all the people who do the right thing will bail out all of the stupid and undisciplined
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True, no arm twisting...but lots of sled greasing. Ultimately, the lenders in the sub-prime market bear an enormous amount of responsibility for creating products that sucked people in, people who could not afford the risk.
Mike