Sub-Prime Lending/Foreclosure etc

[sharon kinsella]

Ryan -

Quit sticking up for people that you don't know unless you hang around with shysters. I don't think you do.

Then again - maybe.

I also know about this industry - I know that they are not all bad but I also know a lot about the bad ones - saw it first hand.

Ryan - when you were little they took labor history out of the American History curriculum. You need to read about it.

The PD isn't always right - but they are pretty much quoting the judges - not giving editorial opinions. I could check the court records but I don't feel like I have to because this is so familiar to me - if you doubt it go look it up at the county court house downtown

By the way - it's pretty arrogant of you to think that I only read the PD - I am a compulsive reader and I check both sides (well not Fox news - give me a break).

But I look at CNN, MSNBC, Wall Steet Journal, NY Times, The Nation, Daily Kos - etc. etc.

Don't ever assume that big business cares about you. It doesn't. It will chew you up and spit you out.

Want to go on that little tour I offered this summer to show everyone the real thugs and hoodlums? Offer still stands, but maybe it should include the federal building, the entrance to the county court house, etc., etc.

[Ryan Salo]

Sharon,

I appreciate you saying you don't think I hang out with these bad people, I don't. I want all the bad apples out, they make life tough for us good apples. No where have I stuck up for people who lie and deceive. I am sticking up for consumers. If we go to far in protecting people everyone will suffer. I never said or ever hinted that all you read is the PD, I was poking fun at your statement based on one article.

I know unions had a purpose, we would not be where we are now without them. I also know that they do not always help here now, I hope that you look at everything with an open mind. Maybe they need to change a bit in order for us to survive.

You and I can agree that the bad apples need to get forced out but maybe we disagree on the method. Just like we probably agree that social serves need to help the less fortunate but probably disagree how it should be paid for. Lets focus on the similarities!

[sharon kinsella]

Ryan -

Yes we can agree on a lot of things - but I will refute anyone who seems to take the side of big business against the working stiff.

I also speak out for the underdogs and the voiceless and using the same old approaches time and time again. You don't get anything new if you keep doing the same thing.

You also don't hear both sides of the story unless you study and observe them.

You and I fight pretty well Ryan - arguing isn't a bad thing, anger isn't an emergency and yelling sometimes is the only way someone can get a word in edgewise.

I would be the edgewiser.

Have a nice weekend kiddo!

[sharon kinsella]

PS - you'll love this one - I've also read the bible. Nice story, sad ending.


Good nite!

[Richard Cole]

Now I understand why you think and write like you do. You think because a judge or a paper states something it must be true. .

Federal Judges written opinions do carry weight, IMO.

[Brian Pedaci]

Only when they agree with your opinion. When they disagree with you then they're activist judges.

[Kevin Galvin]

[quote="sharon kinsella"]Ryan -



By the way - it's pretty arrogant of you to think that I only read the PD - I am a compulsive reader and I check both sides (well not Fox news - give me a break).

But I look at CNN, MSNBC, Wall Steet Journal, NY Times, The Nation, Daily Kos - etc. etc.


If you don't watch Fox news, are you really checking out both sides?
Not many people would consider Fox anything but tilted to the right, but they would definitely be considered "the other side".

[sharon kinsella]

I don't need to watch Fox - I already have to sift through the other media enough.

I don't think the other mainstream media is left-wing by any stretch of the imagination or hopes to the otherwise.

[Bret Callentine]

PS - you'll love this one - I've also read the bible. Nice story, sad ending.

Sharon, I hope this was an attempt at humor, because if this is your understanding of the Bible, then it more than explains how you consider MSNBC, CNN, and the New York Times as "both sides of the story".

That's kind of like the line in The Blues Brothers... "what kind of music do you usually have here? Oh, we got both kinds, country AND western."

This whole issue has plenty of blame to pass around. The Industry, the lack of regulation, the media and yes, especially the individual consumer.

[Brian Pedaci]

She means she reads the left and the far-left.

[sharon kinsella]

Don't say what I mean - the media is not left-wing it is centrist and right wing. I read the same "regular media" all of you do.

And as far as the bible - I studied the literary history of the bible - I also studied the history of christianity - have you heard of the council of Nicea? Constantine etc. etc. ? Won't get into it except to say that's what I believe - you go ahead and believe what you want. It was also a little joke for Ryan Salo - he knew what I meant.

[Bret Callentine]

No offense meant. However, I don't think the media is "centrist", the media is BIASED, period. It's not necessarily a good thing or a bad thing. Therefore, kind of like the Bible, you need to read further, interpret "why" things are said and not just "what" things are said.

I know all about the council, King James and all the rest. Actually for a literary study, I rather enjoyed the book "Misquoting Jesus" by Bart D. Ehrman. However, I would argue that the true meaning of the Bible doesn't come from just the words on the page. The same way that you'll never KNOW the news just by listening to a reporter.

case in point, just by watching CNN, FOX and NBC all report on the last Democratic debate in Vegas, you would hardly have known that there were more than three candidates in attendance.

My biggest frustration is that there are just as many people that watch the news and take it at face value as there are Christians that hear The Word but don't let it fill their heart.

And it's that kind of a lazy society that breeds people that would sign a contract without reading AND UNDERSTANDING it.

[Bill Call]

And it's that kind of a lazy society that breeds people that would sign a contract without reading AND UNDERSTANDING it.

That is the root of the so called sub prime lending crisis.

More and more Americans refuse to accepts any responsibility for their actions. I am still waiting for that one person who is in foreclosure say: "I thought the house would always be worth more and I that I could always refinance. I guess I was wrong."

[Richard Cole]

http://www.wcpn.org/news/2007/04-06/0406home.html

Properties bought at sheriff sales by financial institutions, who then do not file the Deed.

It's a lazy society that allows a financial institution, who understands the contract prior to signing, to not honor the terms in that contract.

Vacant housing does have a neighbohood impact; does Lakewood have any sherif sale homes owned by financial institutions, where the deed has not been filed? Are these the same properties that have unpaid taxes?

[Bill Call]

Properties bought at sheriff sales by financial institutions, who then do not file the Deed.

It's a lazy society that allows a financial institution, who understands the contract prior to signing, and not hold them to it.

That's a good point.

When the Sheriff sells the property the Sheriff knows that the property is sold and knows who he sold it to. The fact that the "County" doesn't know who owns the property after foreclosure is a function of the dishonesty of the lender and the incompentance of the County.