http://www.republicoft.com/2008/03/25/the-society-of-the-owned-pt-7-moral-hazards-hazardous-morals/ Black. Gay. Father. Vegetarian. Buddhist. Liberal. Fri, 05 Dec 2008 08:04:12 +0000 http://wordpress.org/?v=2.6.5 http://www.republicoft.com/2008/03/25/the-society-of-the-owned-pt-7-moral-hazards-hazardous-morals/#comment-180607 Buffy Mon, 07 Apr 2008 03:42:58 +0000 http://www.republicoft.com/2008/03/25/the-society-of-the-owned-pt-7-moral-hazards-hazardous-morals/#comment-180607 Bail out the homeowners, this time only. Many of them were lured into loans they couldn't afford by shifty loan officers who knew the homeowners couldn't afford the loans but didn't care--so long as they closed the deal. The lenders, AFAIC, need to take the hit. They knew exactly what they were doing and did it anyway. Bail out the homeowners, this time only. Many of them were lured into loans they couldn’t afford by shifty loan officers who knew the homeowners couldn’t afford the loans but didn’t care–so long as they closed the deal. The lenders, AFAIC, need to take the hit. They knew exactly what they were doing and did it anyway.

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