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Old 07-31-2008, 04:41 PM   #1
N1bNXuDb

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Default Suicide As A Reponse to Debt
My eyes hurt.
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Old 07-31-2008, 04:48 PM   #2
NarhozNic

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Adjustable rate loans are a HUGE mistake.
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Old 07-31-2008, 05:14 PM   #3
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It is the fault of both the borrowers and the lenders, I have zero sympathy for either if the contracts were followed to the letter. The lender is respobsible for its own losses, the borrower for theirs.

Well, I do symathize, but I don't excuse them.
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Old 07-31-2008, 05:42 PM   #4
Nautilus

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she tried to make big bucks by speculating on an area in which she wasn't an expert on, and got burned

darwin award
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Old 07-31-2008, 06:22 PM   #5
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Originally posted by Arrian




The lenders are supposed to be experts at what they do. So I shed no tears for them, and I'm ripshit about bailouts for their stupid mistakes.

I do sympathize with individual borrowers, to a point. But they do have responsibility here too. The more savvy the individual, the less sympathy I have.

-Arrian The problem is the guys who originated the loans just sold them off to other investors (read: suckers), so the normal lender risk involved was passed on to third parties.
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Old 07-31-2008, 06:33 PM   #6
AnIInWon

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Originally posted by DinoDoc
may its name live in infamy Why? The company didn't kill her. What should they have done given the families non-payment and the fact they aren't running a charity?[q] The're just making so much profit off of people that they want to kill themselves because of it. That's all.
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Old 07-31-2008, 07:11 PM   #7
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Can I post about how Cuba has the highest suicide rate in North and Central America? I mean, I'm pretty sure I can link that to communism...
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Old 07-31-2008, 07:52 PM   #8
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Originally posted by rmsharpe
Can I post about how Cuba has the highest suicide rate in North and Central America? I mean, I'm pretty sure I can link that to communism... It's barely more than the US. On the other hand the US rate is over twice as much as in VE.
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Old 07-31-2008, 08:02 PM   #9
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That James Grant article is very interesting.
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Old 07-31-2008, 08:22 PM   #10
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Originally posted by Felch
Why these overreactions? Bankruptcy sucks, but it's not worth killing yourself. Exactly.
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Old 07-31-2008, 08:32 PM   #11
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When people are depressed/stressed, they don't always do rational things. Difficulty in finance is a well known source of depression/stress.

JM
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Old 07-31-2008, 08:38 PM   #12
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Originally posted by rmsharpe

Well, maybe we should also count the number of boat refugees that have died fleeing their country. Are you going to count the number of Mexicans who die coming to the U.S. too? How about Haitians?
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Old 07-31-2008, 09:04 PM   #13
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Are you going to count the number of Mexicans who die coming to the U.S. too? How about Haitians? Sure, but increasing the numbers for Haiti and Mexico won't change the ratio betwen the US and Cuba.
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Old 07-31-2008, 09:12 PM   #14
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Originally posted by Lorizael


The actions of depressed/stressed people are often quite rational. Yes. Sometimes continuing to exist is irrational for them.

While it is a permanent solution to a temporary problem, if the problem is effectively a no-win scenario, not playing the game may be the most palatable option in a slew of unfortunate ones.
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Old 07-31-2008, 09:14 PM   #15
FloareTraurne

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Originally posted by chegitz guevara


You are such a sexist pig. Thanks Che! Why so?
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Old 07-31-2008, 09:19 PM   #16
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Is shoving a dollar in a G-string supporting women? Well I suppose it is. I'm with Che on this one. However I don't do that so likely I am not supporting women and am therefore a sexist.

I can see where once I was blind.
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Old 07-31-2008, 09:32 PM   #17
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Originally posted by VJ
I'd just like to point out how priceless it is how someone who routinely used (...uses? dunno if you're still doing it) strip clubs and claimed to support women with a straight face by doing so uses the label "sexist" to anyone who disagrees with his far-left political views When you join us in the world of rationality, I'll have a response for you.
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Old 07-31-2008, 10:01 PM   #18
tefraxKedWere

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Originally posted by chegitz guevara


When you join us in the world of rationality, I'll have a response for you.
Woah, total cop-out.
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Old 07-31-2008, 10:23 PM   #19
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Old 07-31-2008, 10:35 PM   #20
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The OP overlooked mentioning Shay's Rebellion in western Massachusettes in the 1780's. It closed down courthouses in order to halt foreclosures.

The Articles of Conferderation had no provision whereby the central government could sent military aid to a State. This weakness was the final kick in the pants to the founders, leading to the adoption of the Constitution.
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