Feds unveil plan to help 9 million stay in homes: "WASHINGTON – The Obama administration kicked off a new program Wednesday that's designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments."
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Brilliant! I'm sure some are innocent, but the majority of the people in trouble knew they were taking a risk, knew that their payments would increase, and took a gamble. Now, instead of them learning a lesson about basic responsibility, they learn that if the scam is big enough, and enough people are in on it, then they can will probably get away with it.
Heads need to roll. There's some CEO's that need to get fired, some banks that are too big that need to get broken up, and some mortgagees that need to get kicked out so the more financially responsible CEO's, banks, and people can take over.
Bailing out these deadbeats... come on, give ME a break.
Wednesday, March 04, 2009
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