Quote:
Originally Posted by Radar
In fact they thrive without such intervention.
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...and unchecked they do it to the point of completely and dangerously exhausting resources in a mad frenzy and permit wild, uncontrolled fluctuations that lead to disastrous boom/bust cycles.
Quote:
Originally Posted by Radar
The more people who lose their houses, the more affordable houses become and others who act more responsibly and don't have as much money will be able to buy them at the lower price.
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I absolutely do not want a government bailout, but some regulation in the loan industry would have prevented this mess from happening in the first place.