Thursday, February 9, 2012

Bove on the $25 Billion Foreclosure Settlement

In what amounts to basic common sense, yet somewhat cynical, in our surreal Big Gov. and increasingly disconnected citizenry, Dick Bove comments on the $25 billion bailout pass-through to voters:

Link to ZeroHedge.com:
Dick Bove On The Foreclosure Settlement: There Is No Sanctity Of Contracts; Only Fools Meet Their Financial Commitments
"There is no sanctity of contracts in the United States. Only fools meet their financial commitments. The non-payers are the truly enlightened."

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Please exercise some control, restraint, and common sense in your rhetoric in order to ensure that posts are readable for all audiences.