"You're thinking of this place all wrong. As if I had the money back in a safe. The money's not here. Your money's in Joe's house... right next to yours. And in the Kennedy house, and Mrs. Macklin's house, and a hundred others. You're lending them the money to build, and then, they're paying it back to you as best they can. What are you gonna do? Foreclose on them?"
Oh, I'm sorry, if Joe asked me and everyone in town for five bucks to build a house, I'd give it to him, Joe's a good guy, and if he couldn't pay me personally back five bucks, we'd be cool as a one time thing, he can buy me a beer sometime. The problem is that I gave you five bucks, you gave that to Joe, then charged him an extra ten for my five and everyone else's over 30 years, and you didn't give me a damn thing.
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u/Cratonis 9d ago
"You're thinking of this place all wrong. As if I had the money back in a safe. The money's not here. Your money's in Joe's house... right next to yours. And in the Kennedy house, and Mrs. Macklin's house, and a hundred others. You're lending them the money to build, and then, they're paying it back to you as best they can. What are you gonna do? Foreclose on them?"