http://www.kennelson.com/newblog/separating-risk-from-reward-2936 Politics, Technology, and other stuff from St. George, UT Wed, 21 Dec 2011 17:11:36 +0000 hourly 1 http://wordpress.org/?v=3.0.4 http://www.kennelson.com/newblog/separating-risk-from-reward-2936/comment-page-1#comment-1296 TR Sat, 21 Feb 2009 02:49:30 +0000 http://www.kennelson.com/newblog/?p=2936#comment-1296 Banks only make up 30% of the home loan market, enough to cause the trouble when they gobbled up the main groups of mortgage shysters. There was no due diligence and the Democrats were cheering the sham waiting to push Marxism on the investors. The wealth is gone because the "Me Generation", illegal immigrants, and "Boomers" wasted it on high living, speculations, and defective programs. Banks only make up 30% of the home loan market, enough to cause the trouble when they gobbled up the main groups of mortgage shysters. There was no due diligence and the Democrats were cheering the sham waiting to push Marxism on the investors. The wealth is gone because the “Me Generation”, illegal immigrants, and “Boomers” wasted it on high living, speculations, and defective programs.

]]> http://www.kennelson.com/newblog/separating-risk-from-reward-2936/comment-page-1#comment-1289 Kris Fri, 20 Feb 2009 22:13:49 +0000 http://www.kennelson.com/newblog/?p=2936#comment-1289 What a radical idea. Let the banks decide who can afford a loan, instead of giving them to whoever wanted one. What a radical idea. Let the banks decide who can afford a loan, instead of giving them to whoever wanted one.

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