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  #1  
Old 10/14/09, 10:50 AM
Nick Gromicko's Avatar
Nick Gromicko Nick Gromicko is offline
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Default 1/5th of all foreclosures are strategic.
http://www.msnbc.msn.com/id/33295860...-the_big_money


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  #2  
Old 10/14/09, 12:26 PM
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Michael Larson Michael Larson is offline
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Default Re: 1/5th of all foreclosures are strategic.
No shame?

"...walking away from mortgages they could pay but decided not to because they owed more than their houses were worth."

There should be shame at piling your debt obligations on someone else.

Walking away is not the same as formal bankruptcy.


He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors - Thomas Jefferson - Founding Father

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not. Thomas Jefferson

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

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  #3  
Old 10/14/09, 2:23 PM
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Nick Gromicko Nick Gromicko is offline
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Default Re: 1/5th of all foreclosures are strategic.
Quote:
There should be shame at piling your debt obligations on someone else.
Are you Obama bashing again?


Nick Gromicko, Certified Master Inspector

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  #4  
Old 10/14/09, 2:26 PM
Michael Larson's Avatar
Michael Larson Michael Larson is offline
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Default Re: 1/5th of all foreclosures are strategic.
Quote:
Originally Posted by gromicko View Post
Are you Obama bashing again?
Moi?

I prefer to bash his policies not the man.


He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors - Thomas Jefferson - Founding Father

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not. Thomas Jefferson

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

Michael Larson
Hudson, WI

Services provided in East MN and West WI
InspectraPro
and
Minnesota Home Inspector

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