kabloozie Says:

Dec 1, 2008 - the next two years you're going to see places like Irvine, CA melt down - 80% of the homes purchased the last several years in that city alone were either ARM interest only loans, or negative amoritization loans - when they reset, you're gonna see huge defaults on those loans.

Bacchant33rd Says:

Dec 1, 2008 - The roots of the crisis go back to the early 1970s when finance was "liberalized" from the constraints of the post-war period (1945-1970). These constraints were instituted by the US & UK for a reason: because it was assumed CORRECTLY that allowing governments to control capital movements & currencies would provide a basis for rapidly expanding growth in trade, which indeed happened. It's the GOLDEN AGE OF MODERN CAPITALISM. FREEING these constraints RETARD growth & development. As it has done

swim73088 Says:

Dec 1, 2008 - i know fox news spews utter crap allot of the time but i must admit they are right about this issue. the dems campaigned to give minorities (who are statistically way more likely to have poor credit ratings) mortgages they wouldn't in this lifetime hope to repay. it is not racist to state this, it is a fact. as much as I hate fox news they were stating the facts here.

LiTTLeDizZyUriNe Says:

Dec 2, 2008 - i agree. its sad that this is prolly the ONLY actual fact fox has put out there but of course the way they even attempt to report it makes it sound like..."oh lets blame the risky brown folk" ((btw fuck fox news)) =)

Ninarollins Says:

Dec 2, 2008 - I can not believe that they said that and got away with it. You know if Niel Cavuto was a black guy and said lending to white people is dangerous and put tape of John Mccain up the whole time it would have been like "OH HELL NO." It would have been a big scandal

iasinitoleihina Says:

Dec 2, 2008 - Wow swim73088, take a social psychology or sociology class before you stick your foot in your mouth. Poor credit rating = no funding or loan for a house, besides read more than just your sport's section of the newspaper 62% of foreclosures are from hardworking middle-class Caucasian families.

hayden6iz Says:

Dec 2, 2008 - 1:23

PPQ5555666655555 Says:

Dec 2, 2008 - Obama has been in the Senate since 2004. That is when all this mess began. Obama is black, therefore it is his fault!!!!! The low income blacks were given these loans they knew they could not pay back. Why? Because of people like Obama. FACT!!!!!!!!! Liberals are just so stupid!!

ash4432 Says:

Dec 2, 2008 - thats a dam lie white people default more than blacks then prove it

kjpier Says:

Dec 2, 2008 - Liberalism is a Mental Disorder

generaldust Says:

Dec 2, 2008 - lol he has seen the Libworm(inside joke) too

dontrielb Says:

Dec 3, 2008 - All you white/replubicans/racist just mad because the president ain't one of ya'll types(white). Ya''ll ain't nothing but some racist ass bitches so fuck you, KKK, W.Bush, John McCain, and OJ Simpson.

steelmania75 Says:

Dec 3, 2008 - Why doesn't everyone just take the blame?

freedom2think Says:

Dec 3, 2008 - A Mental Disorder that allows you to understand more ambiguity than the average neoconservative.

freedom2think Says:

Dec 3, 2008 - So the other 40 white senators are just angels with halos around there heads. You are so thick its funny.

doo2doo2dude2 Says:

Dec 3, 2008 - HAHA!??!?! wooow...Ur racist saying that...that's the first place u go to? race? makes u smart... (also im a Hispanic decorate)

iARTillary Says:

Dec 3, 2008 - I'm racist you fucking hispanic spic. You have a problem w/ that & I'll make you my fucking girlfriend in jail.

doo2doo2dude2 Says:

Dec 3, 2008 - i see that ur just a crappy ass troll ya kno i should be at least talking to u b4 u try ur phailure troll u fail,to bad, now gtfo

guitarplayer3602 Says:

Dec 3, 2008 - The crisis is because of losers (minorities)...who didnt pay back their home loans...housing market drops...economic meltdown....GOOD JOB YOUNG TURKS. You have just helped prove why minorities have completely fucked up America. This host is a clown by the way.

iARTillary Says:

Dec 4, 2008 - Learn to spell & not use ebonics you black shit.

Hammerlix Says:

Dec 4, 2008 - Just more of the Fox News Comedy Hour featuring that crazy clown Cavuto... No one with any sense at all believes Fox News anymore. Its just a funny channel to watch once in a while for laughs. Maybe this would have been serious journalism in South Africa 20 years ago, but now its just laughable and silly.

fearmenot22890 Says:

Dec 4, 2008 - i agree that it is the minorities, your forgeting the fact that the dems. in congress helped these people get these loans that they couldn't pay back, therfore, more blame sould be placed on the dems.

TheNextAriGold Says:

Dec 4, 2008 - First of all let's not use the "minorities" umbrella. Bad generalization. For example, Asian Americans are a minority, yet it would be a pretty foolhardy assertion to say that they are responsible for the financial meltdown.

guitarplayer3602 Says:

Dec 4, 2008 - Exactly. Democrats, and their moronic "spread the wealth" ideas have created the crisis. Minorities get money, they spend it like idiots (the reason they're poor in the first place), and then they can't pay back their home loan, thus totally fucking up the housing market. Poor people are shunned upon for a REASON. Im not rich, hell Im closer to broke...but I work hard, pay people back, and set my priorities straight.

PPQ5555666655555 Says:

Dec 4, 2008 - "Obama is a clean articulate black man." VP Joe Biden comment. I guess according to Joe, most blacks are dirty, inarticulate. I guess thats not racist. Liberals are just too stupid sometimes, I mean all of the time.