
Originally Posted by
Karen
I have heard economists - no particular political affiliation - talk about working with banks to help people who are at risk of foreclosure renegotiate their loans, and that includes in some cases the bank agreeing to lower the principal, rather than having to deal with the costs and expenses of foreclosing on a property. So it wouldn't be the "gubment" giving the bank money, it would be the bank agreeing to take less money from you.
Errr... Sure. I am sure the banks would do that "in good faith".
But if true, how do I get in on that gold mine? Or do we, the people who pay our bills, get screwed again? Why do we continue to punish success in the country?
Let's tax the big evil companies.... "Windfall" profits....
I thought OB and JB were about change and not the typical liberal line of thinking...
<sigh>
Serisously... Why be successful? Live past your means and somebody will bail you out. It's nothing but bulldookie.
"Unlike most of you, I am not a nut."
- Homer Simpson
"If the enemy opens the door, you must race in."
- Sun Tzu - Art of War
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