July 12, 2009

Could I sue the mortgage industry for my slow retail sales?

July 12th 2009 Posted to Shopping
retail sales
EyeLuvSophie asked:


Every report I read on retail spending states that because of the housing crisis, retail sales will drop. There are hundreds of reports out there all pointing fingers at the industry for a number of economical woes. My retail sales were great before the housing market took other markets down with it. Couldn’t I sue the subprime lenders for damaging my area of the economy? Anyone want to represent me?

Kristin
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Comments

  1. sensible_man
    July 12th, 2009 | 6:18 pm

    Good luck with that.

  2. davidmi711
    July 16th, 2009 | 2:27 am

    Sure. You can spend millions to become the laughing stock of your town.

  3. wizjp
    July 17th, 2009 | 1:06 pm

    Sounds good to me; if you sue for enough, maybe the government will bail you out.

  4. Martha Z
    July 18th, 2009 | 10:00 pm

    there are enough scuzball lawyers out there i am sure you could find one to sue for you. if i was on the jury i would laugh both you and the lawyer out of court. its stupid.

  5. Thomas SR
    July 19th, 2009 | 7:59 am

    You sure could. In this country you can sue somebody because you don’t like the way their farts smell. You would, of course, lose your case.

  6. Susie D
    July 21st, 2009 | 9:28 am

    Sue the people who took out those subprime loans for houses they could never afford, and now whine because the interest rates went through the roof.

    Sue all the people who don’t get the simple concept of living within their means.

    Sue the mortgage company as well for not telling people up front that they could not afford the house and sending them packing!

  7. chuckimagine
    July 24th, 2009 | 4:11 am

    Good Luck. That lawsuit would have as much chance as a snowball in hell. But with our flawed legal system, I bet you can get an ambulance chaser to take your case.

  8. LeAnne
    July 26th, 2009 | 6:17 am

    I don’t believe that they’ll be anything left for the plaintiffs after all of the foreclosures and unpaid debts, along with congressional whippings, lost revenues and so on.
    I am an independent contractor - and believe me - I feel your pain.

  9. Barry C
    July 28th, 2009 | 7:56 pm

    Sure, then I will sue you and the retail industry because people spend their money there instead of on my services.

    “Sue an industy”! Ha! Good one!