Oh, what do I know? I just work in the lending department of a bank....I'm probably completely oblivious to what actually happens as opposed to "news" stories.BuddyTheElf wrote:You cant blame what happened on the Government. The banks actually persuaded the government to relax the rules in the first place so that they could lend to people they knew werent going to be able to pay it back so that they could sell the mortgage on. The more mortgages they could sell, the more money they made in a short period of time so they purposely lent to people that couldnt pay it back. This video explains it amazingly well, watch all of it.
I wonder, if a video told you that aliens were crawling through your brain right now, would you believe that too?