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<blockquote data-quote="The Other Side" data-source="post: 909231" data-attributes="member: 17969"><p>NO matter what. It all came down to greed. BUSH needed to spark the economy whether falsely or not, and greed took over from there. From the lenders to the realtors, greed took over for common sense. With all the backstops "effectively" removed by BUSH and his advisors in the form of "encouragement", a ginormous disaster was born and we all participated in it.</p><p></p><p>How many people do you know, that bought homes that couldnt afford them? I know hundreds. Its called my delivery area. People with jobs who could swing an interest only loan for 3 years thinking they were going to flip the house for big bucks and get a bigger house. From 2002 to 2007 some did, after that, those that bought took it up the rear end.</p><p></p><p>The blame really falls on americans for being such suckers.</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 909231, member: 17969"] NO matter what. It all came down to greed. BUSH needed to spark the economy whether falsely or not, and greed took over from there. From the lenders to the realtors, greed took over for common sense. With all the backstops "effectively" removed by BUSH and his advisors in the form of "encouragement", a ginormous disaster was born and we all participated in it. How many people do you know, that bought homes that couldnt afford them? I know hundreds. Its called my delivery area. People with jobs who could swing an interest only loan for 3 years thinking they were going to flip the house for big bucks and get a bigger house. From 2002 to 2007 some did, after that, those that bought took it up the rear end. The blame really falls on americans for being such suckers. Peace. [/QUOTE]
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