§ Wrote:
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> While you and I may understand how personal
> finance works and loan terms are defined, there's
> a glut of borrowers who are clueless and seek
> advice in all the wrong places.
that's a complete
ODF. just like laws, not knowing about them doesnt make you exempt from the consequences.
> The best solution is for the government to go
> after the predatory subprime lenders who violated
> Truth in Lending Laws and other banking
> regulations
dont forget to execute everyone who lied about their info to get a loan.
> to fund a rescue account to borrowers
> who were taken advantage of, essentially keeping
> the taxpayer out of the equation.
and i guess the car manufactures should have to pay my speeding tickets because they allow my car to exceed 65MPH. BULLSHIT.
"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."