He is a lousy president, he also shouldnt be getting involved with the mess in ferguson MO by implying the rioting was justified. The guy just committed a strong robbery. Its not like he was an alter boy doming home from Sunday mass. The shop keeper should of shot the punk between the eyes and called it a day.
If the cop doesnt get indicted, most will riot just to get free merchandise from hard working american business owners by looting. Its a shame really.
PB, i was an investor in a former life and agree with you about the banks giving credit to anyone with a pulse. Remember Sharpton and Rengel pushing for lower loan standards for minorities?
The mortgage industry was largely unregulated and anyone could get a no doc mortgage. Just as bad, you could buy a home with 5% down and 6 months later have it assessed for 100k for than you paid and then you can get a home equity to purchase another home. A viscous circle. Everyone thought they were real estate investors just like everyone was a stock picker in 1999-2000. Same exact thing.
Now we have a " low interest rate bubble" fueled by the fed artificially suppressing rates. Gee, i wonder whats going to eventually happen!