 woody7Premium
join:2000-10-13
Torrance, CA | hmmmmm... It is ok for corporations to be frivolous and carefree and spendaholics and be able to declare bankruptcy, but when a private citizen does it, they are evil and irresponsible....peace
--
BlooMe |
|
 jester121Premium
join:2003-08-09
Lake Zurich, IL
 ·voip.ms
| said by woody7:It is ok for corporations to be frivolous and carefree and spendaholics and be able to declare bankruptcy, but when a private citizen does it, they are evil and irresponsible....peace They are? I thought they were getting a big mortgage bailout program from the frivolous carefree government. |
|
woody7Premium
join:2000-10-13
Torrance, CA | Actually it is way less than the bailout the banks are getting, and it seems that all people seem to remember is the home mortgage part, which I also am not happy with but kind of understand. Peace
--
BlooMe |
|
 fcislerPremium
join:2004-06-14
Riverhead, NY | reply to jester121
I'm against the bailout for...oh...about 75% of it.
Should we help those who bought a $750,000 house on a $60k salary? Hell no!
Should we help the bank who made said loan? Hell no!
Should we help someone like this? I think so.
I have no pity for someone who is trying to live above their means - and then puts their hands out. Wanna live above your means? Go for it. Indebt yourself all you want. Max out that $60k credit card. But DON'T ask me to help pay it off when I'm busting my A*S and trying to live within my means!
But now i'm off on a tangent... |
|
 RobIn Deo speramus, God Bless the USAPremium
join:2001-08-25
Kendall, FL
kudos:2 | I think we can help him by finding his mortgage broker and castrating him. |
|
|
|
jester121Premium
join:2003-08-09
Lake Zurich, IL Reviews:
·voip.ms
| reply to fcisler
Sad story -- but if it had happened 5 years ago, he'd have already been thrown out of his house and it would have probably been flipped and re-sold. Suddenly because it happened to a lot of people the rules have changed and we're trying to decide who was "too greedy" or "too gullible" or "too naive".
Who decides how much house is too much to receive bailing out? Is $500K too much? $300K? What if it's Chicago, vs. Kentucky? What about people who earned overtime as part of their income every single week and the numbers made sense, but now there isn't any overtime? What about people who stretched thin to buy a $110K condo? |
|
| reply to fcisler
well if you want sorrow where are his cop buddies pitching in to help him. guess they don't give a rats arse either. |
|
| any person with sense knows not to depend on things that are not required. Overtime is extra money and should be seen as just that. Not counted on every week. They are the same as bonuses subject to allot of things more then your slandered wage. |
|
