I really liked the days of 20% plus prime, no deficit and only people who could really pay it back got loans.
Such an odd concept to some.
Years ago, had a friend that wanted a surefire investment. I suggested he only sell property to people that couldn't afford to make the payments. Even he wasn't hard hearted enough for that scheme. Evidently a lot of bankers weren't so squeamish, especially with government backing the loans. That whole deal didn't work out so well in the end either.
July 19th should be "Drive Like Rockford Day". R.I.P. Jimmie.
