tag:blogger.com,1999:blog-7435500457558749032.post8639089262286753639..comments2023-06-01T10:10:55.189+01:00Comments on Rota Fortunae: Buy A House For $100 With No ObligationsJessehttp://www.blogger.com/profile/15313690775784566811noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7435500457558749032.post-65391752418342722662011-10-25T07:34:05.156+01:002011-10-25T07:34:05.156+01:00It's amazing isn't it?
Reminds me of this...It's amazing isn't it?<br /><br />Reminds me of this Einstein quote:<br />"We can't solve problems by using the same kind of thinking we used when we created them."<br /><br />It's the same kind of thinking alright, from the same kind of people.<br /><br />On PBS Newshour (on SBS a few minutes ago) they were talking about Las Vegas home owners - one of which bought for $210K in 2007 and just sold for $70K. Their supposed solution to the problem is to refinance the debt using Fannie Mae and Freddie Mac. We'll see how that goes I guess.<br /><br />Personally I see it as a battle with two opposing sides - the rich creditors and the poor borrowers. Someone has to lose, but I know which one has the lobbying power.Petenoreply@blogger.com