Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 04-30-2008, 12:48 PM
Registered User
 
Join Date: Feb 2008
Posts: 0
Government expected to help bail people out of of high rate mortgages???

I was listening to Glenn Beck (as I always do) and wondering as he was WHY ON EARTH is it the U.S. Governments (that means OUR tax dollars people) job to help bail out all the DUMB ASS'S out there that were stupid enough to finance their houses with adjustable rate mortgages??????

If you were that stupid then you get what you deserve... Don't come crying to the rest of us and trying to RIP US OFF!

STUPID IS AS STUPID DOES


Last edited by Idolotor; 04-30-2008 at 01:00 PM.
Reply With Quote
  #2  
Old 04-30-2008, 12:56 PM
MTI's Avatar
MTI MTI is offline
Registered User
 
Join Date: Nov 2002
Location: Scottsdale, Arizona
Posts: 10,626
Why does the government bail out failing corporations? The same principle applies to other government bail outs.

Simple . . . the cost vs. benefit equation justifies it. Moral indignation does not contribute to the tax base.
Reply With Quote
  #3  
Old 04-30-2008, 01:00 PM
cphilip's Avatar
cphilip.com
 
Join Date: Mar 2008
Location: Clemson SC
Posts: 650
Think I should rush out and buy something I cannot afford before this happens?
__________________
1983 300D-Turbo - Deep Blue w Palomino MB Tex (total loss in fire 1/5/09 RIP)
1995 E320 W124 Polar White/Grey Mushroom MB Tex
2005 F150 Supercrew - Arizona Beige - Lear topper
1985 Piaggio Vespa T5 - Black and Chrome

www.cphilip.com
Reply With Quote
  #4  
Old 04-30-2008, 01:15 PM
yal's Avatar
yal yal is offline
Benz-smart
 
Join Date: Oct 1999
Location: New York, Long Island
Posts: 2,706
Quote:
Originally Posted by cphilip View Post
Think I should rush out and buy something I cannot afford before this happens?
LOL I've been eyeing and S65 AMG.
Reply With Quote
  #5  
Old 04-30-2008, 01:50 PM
SwampYankee's Avatar
New England Hick
 
Join Date: Sep 2006
Location: CT
Posts: 1,501
Quote:
Originally Posted by Idolotor View Post
I was listening to Glenn Beck (as I always do) and wondering as he was WHY ON EARTH is it the U.S. Governments (that means OUR tax dollars people) job to help bail out all the DUMB ASS'S out there that were stupid enough to finance their houses with adjustable rate mortgages??????

If you were that stupid then you get what you deserve... Don't come crying to the rest of us and trying to RIP US OFF!

STUPID IS AS STUPID DOES
Of course, only they know what is best for ourselves. We can't be trusted or take personal responsibility. We're just common folk. They will save us from ourselves.
__________________

1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15
'06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod)
Reply With Quote
  #6  
Old 04-30-2008, 03:18 PM
Hatterasguy's Avatar
Zero
 
Join Date: Nov 2002
Location: Milford, CT
Posts: 19,306
Yeah since most of them are out of the system by now the government is just talking about it and trying to look like they are doing something.

I beleive most of the ARM's have already reset a lot of them should be on their way out or out of they system by now.

__________________
2020 GMC Sierra Denali
2007 Tiara 3200
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 11:10 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2018 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page