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SportTrac Discussion
General Sport Trac Discussion
Obama admin pushing banks to offer sub-prime mortgages again...
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<blockquote data-quote="Thomas Rogers" data-source="post: 963063" data-attributes="member: 60724"><p>Hugh,</p><p></p><p></p><p></p><p>No one is implying any such things, at least not your first two.</p><p></p><p></p><p></p><p>Now may be a good time for all to stop assuming, stop implying, and or all of us to say what we mean and mean what we say... And not posture and postulate.</p><p></p><p></p><p></p><p>The facts of the article are that there are those that are making sure that banks are lending fairly. Period.</p><p></p><p></p><p></p><p>As for your third question, yes, I would agree that the lack of easy access to credit is limiting the speed and the amount to which our economy has recovered as it has especially hurt small businesses, and has eroded consumer confidence and spending. Heck, I have an 800 credit rating and was denied a 0% for x years loan in 2008. Just got my first such loan in years just this past March. That availability of credit was the difference between me spending or not spending $4k on furniture.</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 963063, member: 60724"] Hugh, No one is implying any such things, at least not your first two. Now may be a good time for all to stop assuming, stop implying, and or all of us to say what we mean and mean what we say... And not posture and postulate. The facts of the article are that there are those that are making sure that banks are lending fairly. Period. As for your third question, yes, I would agree that the lack of easy access to credit is limiting the speed and the amount to which our economy has recovered as it has especially hurt small businesses, and has eroded consumer confidence and spending. Heck, I have an 800 credit rating and was denied a 0% for x years loan in 2008. Just got my first such loan in years just this past March. That availability of credit was the difference between me spending or not spending $4k on furniture. TJR [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Obama admin pushing banks to offer sub-prime mortgages again...
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