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Corning Inc. Message Board

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  • fizmokat fizmokat Sep 20, 2008 7:58 PM Flag

    Once again the hard working taxpayer....

    Shock, I see your points, but how do you figure that the "little guy" is not at least partially responsible? They are the ones who went out and purchased a house that was way beyond their means--and the idiots at the banks were the ones that loaned it! IMO, it's a lot like people who go out and max out a credit card, then apply for another one and max it out, and another, and another--then file for bankruptcy! It shouldn't be allowed, and I'm glad the laws on filing for bankruptcy have been toughened.

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    • They are the ones who went out and purchased a house that was way beyond their means

      Fiz-don't get me wrong here--I am not really critizing you but---let's just look at the heading on your post--Once again the hard working taxpayer....

      Now I assume you are hard working & a taxpayer !!

      The people that took out loans to buy these homes are also hard working & are taxpayers !!

      When businesses take out loans & they go sour--the business simply files bankruptcy & walks away---they keep all the valuable assets & stick someone/us with the debt !!

      When a private "hard working taxpayers" investment goes sour--he can't just go bankrupt & walk away!!

 
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