A nice article in OregonLive.com, which echoes the sentiment of many, regarding the Mortgage Bailout. Basically asking the simple question “what about all the people who bought houses, have been budgeting, cutting their expenses, and paying their mortgage ON TIME??? What about the people who know how to live within their means? But back to…
Tag: mortgage
More Bailouts Using Taxpayer Money
Welcome to the Free Market system, where whatever happens, happens, until it’s the very wealthy that’s affected. I’m tired of these taxpaper bailouts for businesses who knowingly made foolish bets. The fact of the matter is, loans were given to unqualified borrowers. Those loan contracts were then sold off in the form of securities to…