The Mudcat Café TM
Thread #104130   Message #2154212
Posted By: The Fooles Troupe
21-Sep-07 - 08:43 AM
Thread Name: BS: Fed Rate Cut
Subject: RE: BS: Fed Rate Cut
"a pack of thieves who rob banks because thats where the money is."

Hey! that's what Jesse James said when they asked him why he robbed banks!


As to 'banks owning a lot of houses' - well on a very recent TV doco here - it showed that once a house was surrendered - the people moved out (dunno to where, but whole parts of suburbs were evicted) and the houses were then stripped of alum cladding, bot water systems, copper piping, etc. Within a short time, the place is condemned - and bad enough to be bulldozed.

So the banks only 'own the land' and a pile of decaying junk...