jester121
Premium
join:2003-08-09
Lake Zurich, IL
 ·surpasshosting
 ·ViaTalk
| reply to fcisler
Re: hmmmmm...
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? |
