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|    alt.politics.communism    |    Whats yours is mine...    |    8,857 messages    |
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|    Message 8,073 of 8,857    |
|    publius2k to All    |
|    'Foreclosure crisis' and predatory lendi    |
|    27 Oct 08 13:54:30    |
      XPost: alt.anarchism, alt.politics.socialism, alt.philosophy.objectivism       From: pub?@?li.us              The enabling legislation for the 'foreclosure crisis' was The Bankruptcy Abuse       Prevention       and Consumer Protection Act of 2005              This ill-guided law guaranteed that the government would be the strongarm       enforcers for       the loansharks, the predatory lenders. Without the government guarantees       provided by       BAPCPA, no bank would have lent 125% on appraised value.                     --       Said American [Indian] Chieftain Acuera in reply to       the invader de Soto's demand for submission to       the king and the church so as to 'enjoy the benefits       of 'civilization' and service:              "I have long since learned who you [European Christians] are,       through others of you who came years ago to my land;       and I already know very well what your customs and       behavior are like. To me you are professional       vagabonds who wander from place to place,       gaining your livelihood by robbing, sacking and       murdering people who have given you no offense.        ... Accordingly, I and all of my people have vowed       to die a hundred deaths to maintain the freedom       of our land. This is our answer, both       for the present and forevermore."        -- "Florida of the Inca" (1591)        by El Inca [aka Garcilaso de la Vega]        - First American Author to be published.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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