Quote:
Originally Posted by tony404
I dont think the government should bail them out but I do think they should sit down with the banking industry and tell them you made this mess fix it,I don't care if you have to give 100 yrs loans. If you don't fix it, the amount of regulation we will add on will boggle your mind.
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The Banking Industry didn't cause this the Federal Gov't did under the Clinton admin. They made banks ease their lending practices so that lower income and minorities could own homes. Look at the US minority map and the forclosure map and they are almost exactly identical.
Everything the Gov't does gets fucked up !