I totally agree with that. We as the public not just the gov. We rely way too much on the hopes someone else will do it.

the government is only a reflection of the people. WE chose the government


I've reread that article a couple of times now and like it better each time

ya'll should keep bumping this thread for other people to read

your right we do choose the government, but rather blindly it seems.

So I can find this again.

I'm sure that there are rules to get rid of a government, not just to elect them? Aren't there?!

haha we did it once with those pesky British

but it is kind of a messy process. lot's of shooting and bloodshed

It'll revive the economy with all the ammo purchased! And let's face it , you guys really want another "tea party"!

hahaha and ya'll can send back all those weapons we sent you

What weapons? *whistles innocently*

hahaha Hi Andy!!!

Bumping this thread so it's seen by more folks.

here is some more background on one of the main contributing factors

The Community Reinvestment Act (or CRA, Pub.L. 95-128, title VIII, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.) is a United States federal law that requires banks and savings and loan associations to offer credit throughout their entire market area and prohibits them from targeting only wealthier neighborhoods with their services, a practice known as "redlining." The purpose of the CRA is to provide credit, including home ownership opportunities to under-served populations and commercial loans to small businesses.

The CRA was passed by the 95th United States Congress and signed into law by President Jimmy Carter in 1977 as a result of national grassroots pressure for affordable housing, and despite considerable opposition from the mainstream banking community.

In early 1993 President Bill Clinton ordered new regulations for the CRA which would increase access to mortgage credit for inner city and distressed rural communities.[7] The new rules went into effect on January 31, 1995 and featured: requiring strictly numerical assessments to get a satisfactory CRA rating; using federal home-loan data broken down by neighborhood, income group, and race; encouraging community groups to complain when banks were not loaning enough to specified neighborhood, income group, and race; allowing community groups that marketed loans to targeted groups to collect a fee from the banks.[4][6]

The new rules, during a time when many banks were merging and needed to pass the CRA review process to do so, substantially increased the number and aggregate amount of loans to low- and moderate-income borrowers for home loans, some of which were "risky mortgages."

Congressman and 2008 Republican presidential candidate Ron Paul has partially attributed the ongoing subprime mortgage crisis to legislation such as the Community Reinvestment Act.[16] A Wall Street Journal editorial argued that the law compelled banks to make loans to poor borrowers who often could not repay them and that this contributed in part to the subprime crisis.[17]

-Wiki

Banks were handing out money to every one like it was going out of fashion. They reasoned that they could always take the property if borrower defaulted but they dismissed worries of the property values going down. The bad debts were even traded as instruments for Gods sake. It was nothing but pure greed and stupidity on the part of the banks.

and several million people who KNEW they would never otherwise qualify for a mortgage

and a bit a predatory lending

and a bit of fraud on the part of the lenders (inevitably)

Several million people who were more or less handed the mortgage.

A LOT of predatory lending.

I can't comment on the fraud but, as someone working for a bank, it would not surprise me in the least, have seen some interesting memos....