Quote:
Originally Posted by justabubba
no one is saying those who get repo'd don't deserve it
what this points to is an economy gone sour ... lots of citizens who were previously able to make their payments cannot any more
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Got any proof to back this up? Perhaps the
real reason for all the repo's is the fact that so many losers were stretching their credit limits out for so long, that suddenly everything "snapped." Banks took advantage of low fed rates, and stupid people who can't manage their money took advantage of the banks.
I don't consider this an issue of the economy going sour, as much as it's an issue of "what comes around, goes around."
Again...you can't have "winners" without "losers." Let the losers lose.