Soggy in NOLA
Diamond Member
- Jul 31, 2009
- 40,565
- 5,359
Yes, why not let the income and assets of tens of millions of families collapse so you damned fascists can watch them suffer. Great idea, Tom. Great.
How are we letting the income and assets of tens of millions of families collapse ?
By failing to take inexpensive and effective measures to arrest the foreclosure crisis and positively impact the employment situation.
People make poor decisions and shit happens... get over it. Rewarding poor decision making only leads to more poor decision making.
The people who made poor decisions lost their homes, Soggy. The banks now own them. The banks don't want them.
And that's unfortunate indeed... taking taxpayer $$ and buying back the homes then turning around and selling them back to the same people at low prices just starts the cycle again. It's like taking a kid who works at Starbucks, who buys a Lexus, can't make the note and the car gets repossessed, so his parents cosign a loan so he can buy an Infinity.