tag:blogger.com,1999:blog-9619963.post2862827798085044388..comments2023-12-08T12:50:34.303-08:00Comments on W.C. Varones: Good Party Members Get RewardsW.C. Varoneshttp://www.blogger.com/profile/17663570682958847976noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9619963.post-56908854172115429442011-06-22T21:01:19.843-07:002011-06-22T21:01:19.843-07:00SarahB, they've already defaulted and some of ...SarahB, they've already defaulted and some of these lucky deadbeats have lived in their houses for 2,3,4 to 5 years without a housing payment. They'll "default" again and again they will be bailed out or the banks won't count it as a default. <br /><br />See the thing is, if the TBTF banks actually marked their real estate book based on the official defaults on mortgages, they'd be insolvent. They deserve that and that is what should happen. But instead our Banker government is doing it's best to protect these horrible instutitions at the cost of capitalism, democracy and liberty. <br /><br />Eventually though, my hunch is the Fed will own everything and we'll be a workers paradise just like Khrushchev predicted. <br /><br />Everyone is blaming capitalism when the real criminal is blatent socialism that is keeping the irresponsible rich at the cost of the nation.Negocios Loucoshttps://www.blogger.com/profile/12473763866587661478noreply@blogger.comtag:blogger.com,1999:blog-9619963.post-62510605283741630502011-06-22T17:33:48.193-07:002011-06-22T17:33:48.193-07:00So when folks default on these interest free loans...So when folks default on these interest free loans, who gets the house? The bank or the fed?SarahBhttps://www.blogger.com/profile/10201948440490000538noreply@blogger.com