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Originally posted by JiggyPotamus
It is absolutely true that trickle-down economics does not work. It is a myth that republican leaders keep perpetuating in order to make more money, plain and simple and the bottom line. And those gullible enough to believe it, despite considerable data to the contrary, are the reason that we still have to deal with leaders with these outdated beliefs. The whole party's belief system is completely outdated, and that is why polls show more racism and lack of understanding, opposition to change, etc. among republicans as opposed to democrats. They do not wish for change because change means less money for them, the bourgeois, and more money for those who are actually doing the majority of the real work. Contrary to popular republican belief, taking advantage of other people in order to swindle them of their money does not constitute a hard days' work.
Originally posted by sdocpublishing
The video was interesting and the one piece that bothered me was the line:
"Families were enticed and sometimes just outright tricked into buying homes they could not afford"
I find this to be untrue and an excuse by those who made the decision to purchase a home they could not afford and want to blame the lender or the realtor, I think all three made bad decisions but I disagree with painting the home buyer as a victim.
Originally posted by Darkrunner
Originally posted by sdocpublishing
The video was interesting and the one piece that bothered me was the line:
"Families were enticed and sometimes just outright tricked into buying homes they could not afford"
I find this to be untrue and an excuse by those who made the decision to purchase a home they could not afford and want to blame the lender or the realtor, I think all three made bad decisions but I disagree with painting the home buyer as a victim.
Agree.
If you work at McDonalds and can't figure out that you cannot afford a $100,000 home, you're an idiot, plain and simple. But the government is also responsible (both Bush and Obama) for this nonsense that "home ownership is for everybody".
No, home ownership is NOT for everybody. Credit scores exist for a reason. They tell lenders about your history of paying back people that lend you money.