BrainKing - Diskussionsforum (Politics)

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Politics

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17. mars 2009, 19:48:50

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Ämne: Re:first of all these banks were forced to make bad loans

Vikings: So who started this 'rule' and why was it not spotted that it wasn't working and corrected? And that ACORN is a community program oriented program... How come the banks couldn't just prove their case that bad loans are bad loans?

"The banking industry made a practice of talking people into buying homes they couldn’t afford." I read because of ACORN... I don't get how a bank can be forced into making a bad loan. I'd fight anyone if I was in charge of a bank against such 'rules'.

I goto my MP, my Government, my Prime Minister... I'd go on TV, interviews for paper and radio....

But over here, it was the banks fault. And not all problems in America are due 'rules'... $50 billion dollar frauds don't help.