Changes In Mortgage Lending
Geithner says, "Capitalism will change". What changes to capitalism, you would like to see?
Consider interest rates, late payment penalties and changes in credit card. Bank lending policies and rules. Return on investment. Hedge fund practices. Power of the Securities and Exchange Commission. Caps on increases in adjustable Adjustable-rate Mortgages. Will these changes have an influence on your political beliefs?
while most of us-would like to see the "Fairness" be part of "Free" trade capitolism are in raw terms like the last several years, but has one goal-to raise capital – it is an imperfect expression of society and human freedom – 'to increase capital' not caring about children, families, jobs, welfare, you or me – only cares about money to your bottom line-Why Lehman Bros fails? – The booby traps are there and they are still not taking hardworking retirement packages with it – while freekin execs still get the bonuses! Capitalism is unregulated, is almost suicidal (the U.S.) – It should be hard-core as "illegal" who steals! – And should contain elements of responsibility to the Americans that you have a great idea for a business and making lots of money? it's wonderful! – But please do not kill "edgy" families-with aggressive greed – Example … makes you're dependent on oil to get to work, shops, markets? If you own a car-(as millions do)-well – why? Do you need a car to get to work? Are then forced to buy gas, oil, tires, tune-ups, etc. ..? of course .. so .. you like it? you get much of an alternative? Can you actually go to the alternatives – Would be difficult? really, you're in a box without choice. Unregulated business-kill to get ahead-literally-Did you know red white and blue Standard Oil sold gasoline for Nazi ship off the coast of the (American) Bahamas during a war? Business simply does not have ethics. At least multinational corps. But they should have some basic ethical guidlines made into hard law. Violate em – and pay big. banking law should be the same. But so far – it's like .. Nixon [sic] "If a banker makes what it means it is not illegal "Then 'do not look at it too close" – ". Or we might have to wipe you out" Toxic paper – you file for a foreclosure and "original mortgage documents" can not be presented to the judge-(technical – they are necessary for a court-not copies) Your bank sold em to securities holdings company a long time ago .. and they do not send a rep to court – they can not even find your mortgage originals – but you're on the hook – While we bail the banks are bailed out for billions of dollars. "WE the people" let them screw us and we can stop it as well. You try to pin some blame on Geithner – But he can work from one angle problem took us 'the rock' already – there is no choice-Change the system to get people back to work and get ahead or perish. Be involved – to get a clear view on things as you can – Dump Limbaugh – he's the "crack" team. ah, thanks – I feel better now * pants pants *