Comments on: Subprime Mortgage Crisis Is Going To Cost Us Money http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/ Tips, Motivation, and Resources for Living Life to the Fullest! Fri, 12 Mar 2010 13:50:37 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Top 10 Reasons Living With Debt — BITES! | Bizness Geek http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-5299 Top 10 Reasons Living With Debt — BITES! | Bizness Geek Sun, 07 Jun 2009 03:20:25 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-5299 [...] - Subprime Mortgage Crisis Is Going To Cost Us Money [...] [...] – Subprime Mortgage Crisis Is Going To Cost Us Money [...]

]]> By: Jeff http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-932 Jeff Sat, 26 Apr 2008 14:31:27 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-932 @Peter - I agree that sound personal finance strategies are the only way to protect yourself when downturns occur. @fathersez - I hate it as much as you do when I have to pick up the tab for someone else's mistakes. It certainly seems like that is what's going to happen with this mortgage crisis if Congress goes through with their plan. Fortunately, we live in a democracy and I believe our voice is still heard if we scream loud enough. @Peter – I agree that sound personal finance strategies are the only way to protect yourself when downturns occur.

@fathersez – I hate it as much as you do when I have to pick up the tab for someone else’s mistakes. It certainly seems like that is what’s going to happen with this mortgage crisis if Congress goes through with their plan. Fortunately, we live in a democracy and I believe our voice is still heard if we scream loud enough.

]]> By: fathersez http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-927 fathersez Sat, 26 Apr 2008 12:47:05 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-927 It looks like being financially responsible does not pay. The dunderheads and bozos who took on the loans and the equal dunderheads and bozos who dished out the loans and all the dunderheads and bozos in between are the ones who seem to be laughing last. We have had our share of these kind of messes in our country and finally the politicans (most probably funded by some dunderhead or bozo), in the interest of the "greater good", make the taxpayers pay. I would vote to see some of these D & B's get long prison sentences and perhaps a couple of them being shot. It looks like being financially responsible does not pay.

The dunderheads and bozos who took on the loans and the equal dunderheads and bozos who dished out the loans and all the dunderheads and bozos in between are the ones who seem to be laughing last.

We have had our share of these kind of messes in our country and finally the politicans (most probably funded by some dunderhead or bozo), in the interest of the “greater good”, make the taxpayers pay.

I would vote to see some of these D & B’s get long prison sentences and perhaps a couple of them being shot.

]]> By: Peter http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-914 Peter Fri, 25 Apr 2008 03:44:02 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-914 Yup, the whole thing is a mess. And unfortunately the whole world is affected. I agree with your suggestions - it is a period to tighten the belt and ensure personal finances are in order. Yup, the whole thing is a mess. And unfortunately the whole world is affected.

I agree with your suggestions – it is a period to tighten the belt and ensure personal finances are in order.

]]> By: Jeff http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-911 Jeff Thu, 24 Apr 2008 21:33:43 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-911 @Mike - I wished people would think a little longer before they borrow money. I can't understand the mentality. I guess with students they expect to get a job and I guess the people that get involved in subprime mortgages expect to be able to refinance. The level of risk they are willing to accept is about the same as the odds in Vegas to me. :) @Mike – I wished people would think a little longer before they borrow money. I can’t understand the mentality. I guess with students they expect to get a job and I guess the people that get involved in subprime mortgages expect to be able to refinance. The level of risk they are willing to accept is about the same as the odds in Vegas to me. :)

]]> By: Mike Cruz http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-909 Mike Cruz Thu, 24 Apr 2008 20:04:04 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-909 The subprime mortgage crisis is capitalism gone mad...and the first indicator of some serious problems in our economy. The next big lending issue has to be the issues of student loans...particularly for adults returning to school. As an adjunct professor at a local college, sometimes you see unqualified students getting into programs. When the can't get jobs after graduation, the inevitably default. This is scarily similar to providing mortgages to high risk borrowers. The subprime mortgage crisis is capitalism gone mad…and the first indicator of some serious problems in our economy. The next big lending issue has to be the issues of student loans…particularly for adults returning to school. As an adjunct professor at a local college, sometimes you see unqualified students getting into programs. When the can’t get jobs after graduation, the inevitably default. This is scarily similar to providing mortgages to high risk borrowers.

]]> By: Jeff http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-903 Jeff Thu, 24 Apr 2008 14:22:30 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-903 @Tejvan - It is interesting that this issue is more wide-spread than I thought. I have heard that it is certainly getting tougher to qualify for a mortgage here in the U.S. It sounds like the pendulum is swinging to the ultra-conservative side now. Maybe this is for the best! Thanks for commenting! @Tejvan – It is interesting that this issue is more wide-spread than I thought. I have heard that it is certainly getting tougher to qualify for a mortgage here in the U.S. It sounds like the pendulum is swinging to the ultra-conservative side now. Maybe this is for the best!

Thanks for commenting!

]]> By: Tejvan Pettinger http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/comment-page-1/#comment-902 Tejvan Pettinger Thu, 24 Apr 2008 13:21:04 +0000 http://mysuperchargedlife.com/blog/subprime-mortgage-crisis-is-going-to-cost-us-money/#comment-902 The crisis is causing alot of problems over here in the UK. Even traditional mortgages are drying up and it's pretty difficult for first time buyers to get any kind of mortgage (unless you can borrow from your parents...) The crisis is causing alot of problems over here in the UK. Even traditional mortgages are drying up and it’s pretty difficult for first time buyers to get any kind of mortgage (unless you can borrow from your parents…)

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