Where can you buy a house for $500k anymore that is not a total shithole
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08-30-2017, 12:20 AM
Originally Posted by
The Omega Concern
the mistake are the FED Marduk Ass-lickers that print money out their ass and lend it out cheaply to banks who were then ordered by the gubmint to lend it to sub-prime prospects. When it went bust -- and despite 90% of the public not wanting to bail the banks out -- the gubmint bailed out the banks who then leaned on all those defaulted loans and bought back all those houses on the cheap.
Legalised theft, in effect. It's what gubmint does best, besides fooling the likes of you to think privatizing the gains and socializing the losses is what Capitalism is. It's not when the government manipulates markets, that's the other one.
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