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Ok, Biden wants to lower principle values for people who cant afford their mortgages. This means that those who do pay thier mortgages will have higher fees, and higher interest rate to pay for those who bought more then they could afford.. Why do people think this is ok?
I heard what Biden said about the fact that bankruptcy judges should also lower the principal on what is owed on homes. That was so out there, but it is what the socialists want it seems. I don't like it. Hell, I don't like any part of the bailout and would wish that everyone would just allow the businesses and people to fail and then we could move on, albeit, we would all have to work hard because it would be some rough times, but it is time to pay the piper.
No one want to talk about a real issue like this? You'd rather talk about "who won" as if there was any real winner..
I just asked a question too on another post. It seems every time I ask a legitimate question, it gets completely ignored. I'm at the point that I really think liberals cannot answer simple questions like, what's the "change" they all are boasting will happen? How will they "change" things to make life better?
It seems all anyone can do is point fingers - but remember, when you point your finger, there are three pointing right back at yourself.
I agree, I'd like to know how people feel about bailing out those who overmortgaged and will now be helped on the backs of those of us who do pay our mortgages on time.
I just asked a question too on another post. It seems every time I ask a legitimate question, it gets completely ignored. I'm at the point that I really think liberals cannot answer simple questions like, what's the "change" they all are boasting will happen? How will they "change" things to make life better?
It seems all anyone can do is point fingers - but remember, when you point your finger, there are three pointing right back at yourself.
I agree, I'd like to know how people feel about bailing out those who overmortgaged and will now be helped on the backs of those of us who do pay our mortgages on time.
How about all of the Republicans who also just ignore the obvious? Only independent voters seem to care about the real issues facing this country.
I heard what Biden said about the fact that bankruptcy judges should also lower the principal on what is owed on homes. That was so out there, but it is what the socialists want it seems. I don't like it. Hell, I don't like any part of the bailout and would wish that everyone would just allow the businesses and people to fail and then we could move on, albeit, we would all have to work hard because it would be some rough times, but it is time to pay the piper.
biden is flat out wrong on lowering the principal. i can possibly see eliminating the higher interest rates because the banks manipulated some people (after all they are in the business of finance) but lowering the principal makes every other american pay for a few mistakes. it is similar to if one person shoplifts everybody else has to pay more for their goods.
Ok, Biden wants to lower principle values for people who cant afford their mortgages. This means that those who do pay thier mortgages will have higher fees, and higher interest rate to pay for those who bought more then they could afford.. Why do people think this is ok?
Maybe I should go buy the most expensive house I can qualify for....
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