methinks 100% proof she's not a good person.

Methinks1776 November 2, 2011 at 6:05 pm

Grrrrrreat! So, you’re telling me the Boston Fed couldn’t figure out how rent-to-own changed incentives? Well, it looks like the low-income people outsmarted everyone.

Why, 40x leverage just pales in comparison.

I hope these aren’t the same economists who will be in charge of planning future Keynesian stimuluseseses!

muirgeo November 2, 2011 at 7:50 pm

“What I want to know is whose bright idea was it to allow financially unsophisticated Average Joe, who it now turns out can’t read a mortgage contract, to use 100% leverage to take one giant bet on a single illiquid asset – his house!”

methinks

How incredibly arrogant. Yeah, because we should leave these matters only to the sophisticated Wall Street people. You know the ones who did such a good a job buying , repackaging, securitizing, rating and shorting these loans using their own financial creations.

You are like the Jack Ass surgeon I worked with last night who criticized a mother for having the temerity to question his judgement.

You know what if you never reply to me again I’ll never reply to you again. The above post by you is 100% absolute proof what a disgusting person you are. You left no glimmer of doubt.