Video proof that shows Donald Trump is racist. I'm now voting for the witch!

[Willie99]

can you kindly provide evidence of how govt aid makes it cost' way way more'. I'm sure you're a good guy. But i'd like to read the literature. Thank you..

http://lmgtfy.com/?q=student+loans+increasing+costs


one issue authors from both sides tend to agree on

 

[Willie99]

2008 ? the banks got into 'the investment industry'. Red and blue thought de-regulation (repealing glass-steagall) was a good idea.


was it?


those banks leveraged themselves a bit too much?....govt CHOSE whom to bail out. Too bad, sorry....wasn't your call.



things are getting crazy expensive in N America?...dunno....govts have tremendous debt. the INTEREST on the debt is having a profound effect?....govt makes student loans so easy to obtain? then fuck the kids, dont make it easy, go work at McDonalds....or MOVE , get OUT......

red herring, economists are all over the place on this, it's not even remotely accurate to say there's a consensus what caused that crash


my opinion takes two fronts

1) the crash was over-hyped to begin with, and the bailout money was not used for what it was intended for. Banks were forced to take the bailout even when they didn't need or want it, banks did not lend that money like they were supposed to do, and many banks simply repaid the money as soon as our politicians would let them

the bank bailout was a crock of bullshit

2) lenders making bad loans because they were instructed too, encouraged too and because the feds guaranteed such



let reasonable minds make reasonable decisions, and suffer the consequences when they make mistakes

they won't make the same mistakes twice, unless there's no consequence of course

 

[bilbal]

I'm not blaming government for everything, not at all....in fact, I agree with you that innocent people got affected, no doubt. As far as the mortgage crisis, I'm just asking for SOME personal responsibility. If you sat down with a mortgage originator/broker and you have a household income of $39k and you are buying a 540k house with no money down and you are told your monthly payment will be $3987 a month, YOU need to know you cannot afford that and walk away....but instead people did this then turned around and blamed everyone but themselves.

Kids do the same thing with college loans. Pot smoking, class cutting C students in high school who insist they belong in college and take out massive loans from the government and are pot smoking, class cutting C students in college. They land a crap low paying job and that's when they realize they can't afford to pay off the loans they took out. They need to be told beforehand that they aren't smart enough to be in college and that, as Judge Smails said, "the world needs ditch diggers too!"

 

[KingEleven]

Kids do the same thing with college loans. Pot smoking, class cutting C students in high school who insist they belong in college and take out massive loans from the government and are pot smoking, class cutting C students in college. They land a crap low paying job and that's when they realize they can't afford to pay off the loans they took out. They need to be told beforehand that they aren't smart enough to be in college and that, as Judge Smails said, "the world needs ditch diggers too!"

I smoke and I was a WORSE student than a C average (I did not have much use for school at the time, though I would enjoy it now)....but guess what ALL that is on me, no one else!