Zeev's Turnips Patch-No Politics (ZEEV)

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Nearly 100% of People who bought real estate in the last 24 months have lost money. Why shouldn't 50% of people asking to borrow more money to throw into the pit be asked tough questions, such as, 20%, 30% down, and have exceptionally good track record of servicing debt?

The government shouldn't be in the business of securitizing mortgage at all. It's just a dumping ground for worthless paper, at taxpayer expense.

"How can you blame a company for needing new money?"

Companies that constantly need new money just to survive are like grass hoppers . . . they die at the first frost of winter.

"But even the bigger S&L needed new money to grow,"

It also had reserves to keep itself in business when the economy is not in a growth phase. . . or at least should have had if it was a well run company.