• PiperForum.com is a vibrant community of Piper owners and pilots. Our over 1,500+ active members use Piper Forum to swap technical knowledge, plan meetups and sell planes/parts. We host technical knowledge of general aviation topics and specific topics on J3-Cubs, Cherokees, Comanches, Pacers and more. In addition to an instant community of pilots for you, PiperForum.com is a library of technical topics, airplane builds, images, technical manuals, technical documents and more.

    Access to PiperForum.com is subscription based. Subscriptions are only $49.99/year or $6.99/month to gain access to this great community and unmatched library of Piper knowledge.

    Click Here to Become a Subscribing Member and Access PiperForum.com in Full!

New frontiers in economic idiocy

kgreen

Well-Known Member
Joined
Jul 6, 2010
Messages
20,631
Reaction score
3,145
Location
1H0
Maxine Waters on ABC today: The President must bring all bank CEOs to Washington and demand that they reduce mortgage rates to a maximum of 4.0 percent, and reduce the principle as well. One wonders why the banks wouldn't be required to extend similar trms to those falling behind on car loans. Then there is all that credit card debt....

And when those same banks fail because of ruinous lending policies, well there are always Tarp bailouts. Banks refuse to make new mortgage loans at government approve prices? Just pass a law requiring that they do so. See, there's nothing complicated about this credit market stuff.
 

Latest posts

Top