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The Blame Game and the Subprime Mortgage Lending Meltdown
National News August 22, 2007
The subprime mortgage lending blame game is in full swing — with people arguing about who's at fault for mortgage defaults, bond losses and lender failures — but "we're only in the very top of the ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Sub Prime Mortgage Failures | Shrinivas Shikhare | Aug 28, 2007, 12:27 am |
| RE: RE: RE: media mogul - Our phony economy | Mark | Aug 27, 2007, 3:56 pm |
| RE: RE: RE: RE: RE: media mogul - Our phony economy | Shield | Aug 27, 2007, 3:41 pm |
| RE: RE: RE: RE: media mogul - Our phony economy | GB | Aug 27, 2007, 3:33 pm |
| RE: RE: RE: media mogul - Our phony economy | Shield | Aug 27, 2007, 3:29 pm |
| RE: RE: media mogul - Our phony economy | GB | Aug 27, 2007, 3:24 pm |
| RE: media mogul - Our phony economy | Mark | Aug 27, 2007, 3:21 pm |
| RE: RE: GREAT NEWS EVERYBODY!!!! | High & Mighty | Aug 24, 2007, 10:20 am |
| RE: re;compman | Compman | Aug 23, 2007, 3:27 pm |
| Scary comments today | Sad but True | Aug 23, 2007, 3:26 pm |
| re;compman | concerned agent | Aug 23, 2007, 3:09 pm |
| RE: RE: RE: RE: re:sad but true | Shield | Aug 23, 2007, 2:21 pm |
| RE: GREAT NEWS EVERYBODY!!!! | Compman | Aug 23, 2007, 1:43 pm |
| GREAT NEWS EVERYBODY!!!! | Gill Fin | Aug 23, 2007, 1:30 pm |
| re: gimme shelter | concerned agent | Aug 23, 2007, 10:41 am |
| RE: RE: RE: RE: RE: RE: RE: RE: re:sad but true | GB | Aug 23, 2007, 10:35 am |
| Media Mogul | Feed Up with Politics | Aug 23, 2007, 10:32 am |
| RE: RE: RE: RE: RE: RE: RE: re:sad but true | gimme shelter | Aug 23, 2007, 10:19 am |
| RE: RE: RE: RE: RE: RE: re:sad but true | GB | Aug 23, 2007, 9:20 am |
| RE: RE: RE: RE: RE: re:sad but true | gimme shelter | Aug 23, 2007, 9:16 am |
| RE: RE: RE: RE: re:sad but true | GB | Aug 23, 2007, 8:46 am |
| RE: RE: RE: re:sad but true | gimme shelter | Aug 23, 2007, 8:24 am |
| RE: RE: re:sad but true | GB | Aug 23, 2007, 8:14 am |
| RE: re:sad but true | gimme shelter | Aug 23, 2007, 8:03 am |
| RE: re:sad but true | Dodger | Aug 22, 2007, 9:14 pm |
| RE: re:sad but true | underwriter | Aug 22, 2007, 6:06 pm |
| re:sad but true | concerned agent | Aug 22, 2007, 6:03 pm |
| re:sad but true | concerned agent | Aug 22, 2007, 5:27 pm |
| RE: RE: Not my fault | LLH | Aug 22, 2007, 5:20 pm |
| RE: Not my fault | Sad but True | Aug 22, 2007, 5:07 pm |
| RE: Not my fault | HD | Aug 22, 2007, 4:49 pm |
| RE: Not my fault | Compman | Aug 22, 2007, 4:18 pm |
| RE: Not my fault | underwriter | Aug 22, 2007, 4:17 pm |
| RE: Not my fault | Master of Reality | Aug 22, 2007, 4:17 pm |
| Not my fault | Sad but true | Aug 22, 2007, 3:58 pm |
| RE: MEDIA MOGUL | concerned agent | Aug 22, 2007, 3:43 pm |
| Re: media mogul | concerned agent | Aug 22, 2007, 2:54 pm |
| RE: RE: RE: RE: RE: Our phony economy | A. RIGHT-THE SAGA CONTINUES | Aug 22, 2007, 2:54 pm |
| RE: RE: RE: RE: Our phony economy | GB | Aug 22, 2007, 2:38 pm |
| RE: RE: RE: Our phony economy | ALWAYS RIGHT PART II | Aug 22, 2007, 2:29 pm |
| RE: RE: Our phony economy | GB | Aug 22, 2007, 2:21 pm |
| RE: Our phony economy | ALWAYS RIGHT | Aug 22, 2007, 2:16 pm |
| Our phony economy | media mogul | Aug 22, 2007, 1:57 pm |
| correction | GB | Aug 22, 2007, 1:54 pm |
| RE: Final comment | GB | Aug 22, 2007, 1:53 pm |
| Final comment | Homeowner | Aug 22, 2007, 1:40 pm |
| Homeowner | Compman | Aug 22, 2007, 1:37 pm |
| RE: RE: stupid people | DWT | Aug 22, 2007, 1:34 pm |
| RE: Sub Prime Mortgage Failures | dwt | Aug 22, 2007, 1:31 pm |
| RE: stupid people | Greedy | Aug 22, 2007, 1:27 pm |
| Professionals | Homeowner | Aug 22, 2007, 1:24 pm |
| Sub Prime Mortgage Failures | Mr Truth | Aug 22, 2007, 1:23 pm |
| RE: Mortgages | DWT | Aug 22, 2007, 1:23 pm |
| RE: Mortgages | Compman | Aug 22, 2007, 1:22 pm |
| RE: Mortgages | Drewboy | Aug 22, 2007, 1:20 pm |
| Mortgages | Homeowner | Aug 22, 2007, 1:09 pm |
| This is America | Patriot | Aug 22, 2007, 1:06 pm |
| Related Story | Homeowner | Aug 22, 2007, 1:04 pm |
| You are so right.... | another guy named Rick | Aug 22, 2007, 12:00 pm |
| It's everyone's fault | GB | Aug 22, 2007, 7:51 am |
| Back to article | ||


Subject: RE: RE: RE: RE: RE: re:sad but true
As far as the example of "who's going to prevent my car from being stolen," the police (or any other government agency) has no obligation or duty to do any such thing. And the government has admitted this in countless court decisions; their words have been (and this is almost verbatim) "government has no obligation or duty to provide services, even as elementary a duty as protection," for example, check the case of Bowers v. DeVito. And this makes intuitive sense; suppose your car gets stolen; you won't find a lawyer in the world (unless he wants to be disbarred) who will file a suit against the gov't/police dept. for "failure to fullfill duty to protect and/or prevent car from being stolen." Sure, you could try filing such a suit on your own (if you can get past the "justice system's" hatred of non-lawyers), but it will be thrown out for "failure to state a claim for which relief can be granted."
So, ponder that: people are forced to pay for police, etc., ostensibly under the belief that the police, etc. are obligated to "do something;" then the gov't comes out and plainly admits, with no shame whatsoever, they are not obligated to provide anything whatsoever. Suppose that a private firm did that. How long do you think it would be before the gov't rounded them up and put them all in jail? What do you think the mainstream media would make of that? "Private firm takes money and doen't provide anything in return!! Kill them all!! Burn down their houses!!"