Good time to own a bank! - BMW Luxury Touring Community
 
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post #1 of 4 Old Feb 16th, 2010, 8:08 pm Thread Starter
Old Dawg
 
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Good time to own a bank!

This is great !
http://www.thinkbigworksmall.com/myp.../23088/1111064

Scott
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post #2 of 4 Old Feb 16th, 2010, 8:23 pm
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Re: Good time to own a bank!

Quote:
Originally Posted by scottydawg
I was looking at a foreclosed house up the road from me. Called my bank and told them about it, and they said it will probably not go to sale because of this type of stuff. Sure enough two days before the sale it was cancelled. The place was pretty much a dump and needed a lot of cleaning/fixing.

Neil '00 K1200LT '08 KLR
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post #3 of 4 Old Feb 17th, 2010, 12:07 am
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Re: Good time to own a bank!

Quote:
Originally Posted by ironbuttwannabe
I was looking at a foreclosed house up the road from me. Called my bank and told them about it, and they said it will probably not go to sale because of this type of stuff. Sure enough two days before the sale it was cancelled. The place was pretty much a dump and needed a lot of cleaning/fixing.
MY bet is they will use the money to fix it up--ok just use the money and say they are...

then let it just run down further and take another loss...

I think I got it..

I paid for it many times over....

Don't be afraid to say what you feel, as those that matter DOnt mind and those that mind Dont matter.
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post #4 of 4 Old Feb 17th, 2010, 2:33 am
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Re: Good time to own a bank!

Yup! Same old same old, here. These banks and the various governmental "regulatory" agencies (term used VERY loosely) created this mess by loaning money to every Tom, Dick and Harry, who couldn't pay it back in a million years. Now, they are profiting--at our expense, of course--on the very mess they created! Sure I want to give these buffoons MORE regulatory power!

"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Some really OLD friggin' White dude who couldn't have possibly known what he was talking about!) WARNING: Official HATE speech!
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