As the whole mortgage mess is being duscussed, you may notice that the Repubs use the phrase "took out loans they couldn't afford", or something very similar. Does anybody know of any financial institution anywhere that you or I can walk into and "take" out a loan? It just doesn't happen that way. If you want to "take out" something, try a local pizza place or Chinese restaurant or something. You get to ask for a loan, and then they decide to give you a loan, or, more precisely, you both agree that you will accept the terms of the loan they offer (using the depositors' money, which they are supposed to be looking out for). There is no "taking" in a legal and prudent loan process. Using the term "took out loans" subliminally throws responsibility on the borrowers, simutaneously presenting the lenders as victims. Oh, those poor, poor millionaires who now have only half as many millions because of those damned clever, cheating "loan taker-outers".
You are what you eat. Eat the rich! Lose dead weight fast!

Steve---Right on, I've been waiting for someone to bring this up. If we can all take out loans, why do we need co-signers? Oh, that would be the responsible lenders who require them. The other guys are I guess, IRRESPONSIBLE LENDERS, so get of our backs lying pigs.

When Rachel Maddow was interviewing Chris Dodd after Dubya's speech last night, the senator said about the people "guided" into the sub-prime mess: "65% of them would have qualified for traditional loans"

This just adds another dimension to these greedy bastards' criminality.

Yep, Randi just mentioned that, they were fucked over, no the other way around.

Noticed that, and then Randi played the tape today of W. talking about FAN/MAC about how poor people get to have nice houses too - just like the rich!!! So as Randi says, George told everyone at FAN/MAC to "stand down" -- sound familiar?

This is at the very worst -- a way to drown that awful FDR thing called Social Security which is revered and copied around the world TODAY!!

I'm hoping if this deal is reached, that the DEMS do not hand them the whole enchilada - just installments until Obama takes over. Remember, there is an FBI investigation that Obama can properly take over too. These are my hopes. Who knows what will happen . . . This is a freaking circus right now, and it makes me sick.

I will say this though. I was in an auto repair shop today paying my bill and Cspan was on and the owner was watching intently. This is the first time I've not seen FOX news on in a place of business. Of course I live in the most liberal part of my town in a supposedly red state. I got news, there are no red states anymore with this economy and McCain/Wasilla-mama being so freaky. Personally, I think McCain has a relapse with the cancer. I wish him well on that front.

Most repigs have no useful knowledge about FDR, they only know that they should hate him, when I ask them why? Crickets, followed by deer in headlights, followed by, he screwed up our economy just like Bill Clinton!!! They know nothing, only emptions that were spoon fed to them by the MSM or their parents and friends. My step son lives in NC and is surrounded by them, he keeps his mouth shut, but he knows the BS, I know, because he asks me, and I tell him the truth, then offer books to read that contain it. He comes from our house, but all around US, are the repigs, Meaning our families.