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Re: the subprime debacle was a free market disaster:Federal housing data reveal that the private sector, not the government or government-backed companies, was behind the soaring subprime lending at the core of the crisis

On Nov 3, 11:59 am, "Jerry Okamura" <okamuraj...@hawaii.rr.com>
wrote:
> "Michael Coburn" <mik...@verizon.net> wrote in message
>
> news:hcngmd22i11@news4.newsguy.com...
>
> > On Sat, 31 Oct 2009 13:48:15 -1000, Jerry Okamura wrote:
>
> >> "Nickname unavailable" <Vide...@tcq.net> wrote in message
> >> news:c81f23ad-d499-4a06-a76b-
> > adc787ff3...@l31g2000vbp.googlegroups.com...
> >> On Oct 31, 2:22 pm, "Jerry Okamura"
<okamuraj...@hawaii.rr.com> wrote:
> >>> "Nickname unavailable" <Vide...@tcq.net> wrote in
message
>
> >>> news:09e60d89-6111-4785-
> > b2c9-87c7634ab...@z34g2000vbl.googlegroups.com...
> >>> On Oct 29, 6:26 pm, "Jerry Okamura"
<okamuraj...@hawaii.rr.com> wrote
:
>
> >>> > No, if you lend money to people who are able to meet the payments
> >>> > required
> >>> > when they borrow money, you would not have people who for the
most
> >>> > part, cannot make the loan payments.
>
> >>> then you better regulate the private sector, because they are unable 
to
> >>> do it themselves.
>
> >>> How did you arrive at the conclusion?
>
> >>  by asking that question, its obvious that you are impervious to
> >> facts, logic, and reason.
>
> >> Why?
>
> > Here you go, Jerry.  From the head rightard herself who, along with
> > Milton Friedman loves free markets:
>
> Yep, I love free markets, because to be successful a free market needs
> people who are free.  And I love freedom.  Why don't you put a high v
alue on
> our freedoms?

i have never met a crook yet that wants to be regulated:)

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