[kj] OT- I couldn't help but to think of the West

Brendan Quinn bq at soundgardener.co.nz
Fri Mar 14 21:18:32 EDT 2008


Well the other possibility, not to call your friend a whatever, but is that
anyone unscrupulous enough to fob these kind of loans onto people for a
living, is probably going to have a different set of morals…



My landlady for my flat is the editor for a glossy property magazine in
Auckland, one of the most over-inflated real estate markets in the world.
Median house price of nearly quarter of a million NZ dollars (NZ is over 80C
USD at the moment) when median incomes are around $NZ60K. She sold this
place to her parents about 3 months ago, just before the shit started to hit
the fan….



I still get her magazine delivered here for free, I read it just to see the
self-justification of people who are so committed to a certain position that
they have to either ignore or discredit a whole bunch of stuff, or they
re-interpret anything so that it agrees with their position. It’s pretty
laughable.



_____

From: gathering-bounces at misera.net [mailto:gathering-bounces at misera.net] On
Behalf Of Devacor at aol.com
Sent: Saturday, 15 March 2008 1:42 p.m.
To: gathering at misera.net
Subject: Re: [kj] OT- I couldn't help but to think of the West



In a message dated 3/14/2008 8:28:30 P.M. Eastern Daylight Time,
whipjokerlash at hotmail.com writes:

It alway amazed me that people are surpised by what is happening to the
housing market here in the States. Talk about a superficial market! They
should have made it illegal for people to get into the houses they did with
bullshit mortgages and inflated prices, fucking getting taken advantage of.
I know you'll say they should have known better, but does it make it
right....

I had a friend doing these bullshit loans- he put his own parents in one!

I think many of them just didn't see anything wrong with it- obviously if
your gonna put your parents in one..



Adam Helfer
President
Omkara World
HYPERLINK "http://www.omkara-world.com/"www.Omkara-World.com
www.Myspace.com/Adamomkara







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