Tent city highlights US homes crisis
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Old 03-18-2008, 01:06 AM   #1
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Default Tent city highlights US homes crisis

This thing is getting bad, folks..

Tent city highlights US homes crisis
http://news.bbc.co.uk/2/hi/americas/7297093.stm

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Old 03-18-2008, 09:41 AM   #2
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"Tent City" situated on "waste ground" holds a whopping 300 people. Let's say there are 100 such "cities" in the country. That amounts to less than 0.01% of the overall population.

I don't think the country is going to sink to third-world status just yet.

If you can show how when and where lending institutions deliberately misled or withheld information from prospective borrowers which caused them to get into hot water, fine. Until then, I'll politely suggest that maybe these borrowers weren't the brightest lights on the tree. It REALLY PISSES ME OFF to read about "foreclosure victims". They're not victims. They knew -- or should have known -- the rules and, predictably, they lost their property. No one did this to them but themselves.

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Old 03-18-2008, 04:48 PM   #3
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Any time you see BBC, think CNN. They are like-minded, anti-American, left wing propaganda machines. They both like to highlight anything that reflects poorly on our country.

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Old 03-18-2008, 10:38 PM   #4
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Um, ok, you're right..the economy's great and any suggestion otherwise is a fabrication of the left-wing propoganda machine.

I'm done folks. Happy to have an intelligent debate of the issues, but this is obviously not the board for that.

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Old 03-18-2008, 10:53 PM   #5
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Quote:
Originally Posted by Quasi View Post
Um, ok, you're right..the economy's great and any suggestion otherwise is a fabrication of the left-wing propoganda machine.

I'm done folks. Happy to have an intelligent debate of the issues, but this is obviously not the board for that.
Yeah, whatever. Hang it up and scamper away back to Daily Kos if that's all you've got.

Look, Quasi, BBC isn't exactly known for its U.S.-friendly reports and the numbers in the article don't exactly spell doom.

Is anyone here saying the economy is in great shape? No. Are ARM loans to blame? No, not entirely by a long shot.

Care to take another shot?
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Old 03-19-2008, 05:12 PM   #6
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Thats a sad thing to read.

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Old 03-20-2008, 08:03 PM   #7
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Isn't this a gun board? If not, I'm on the wrong site.....

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Old 03-20-2008, 09:43 PM   #8
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Isn't this a gun board? If not, I'm on the wrong site.....
Sure, but this is the Club House where pretty much any topic is open.
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Old 03-20-2008, 10:13 PM   #9
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Oh, sure. I understand that, but for quasi to give up the whole board just because we all don't fall in line badmouthing the economy seems a little silly if not childish.

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Old 03-20-2008, 11:51 PM   #10
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Wow if you think there is strong opinions and bickering out of control here, I invite you all to check out the general discussion of JeepForum. There are anything but Jeep related.

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