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Old 12-16-2008, 03:07 AM
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Default Should we really spend tax payer money on...

...bailing out people going into foreclosure? The use of tax payer money is every where with the different buy outs the government is trying to stabilize the economy. But....Does anyone feel that it is fair that we as tax payers need to bail out people that are going into foreclosure?Reminding you that alot of people that went into these mmortgageagreements had no business in getting into the homes they did i.e. making 40k a year moving into a 400k home and plainly overstretched their budgets; and did not educate themselves about sub prime/apr/points all the things that should of been understood before purchasing a home.Or people jumping in the market to turn houses to make a profit which is a business and as with all businesses come with risks and now they are stuck with the homes.its basically bailing out people that overstepped their reach, forgiving if not rewarding ignorance and bailing out peoples failed attempts to turn profits. So how does everyone feel about this issue that is being disscussed by our gov?( I feel like im being kicked for staying with something reasonable i could afford and being responsible.)
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Old 12-16-2008, 04:29 AM
Kay Kay is offline
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It's all triflin'.And redundant.
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Old 12-16-2008, 08:57 AM
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If it works, then I don't care how it's done as long as I'm not forced into debt by the gov't.
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Old 12-16-2008, 10:15 AM
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No. And we shouldn't bail out any companies either.
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Old 12-16-2008, 11:41 AM
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no eliminate the penny ever one hates them plus it will fix inflation
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Old 12-16-2008, 12:42 PM
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Oh hell no, that would be a major rip off.
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Old 12-16-2008, 01:46 PM
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Hell no. I feel bad for the people, but the prices of homes need to come down somehow, they shouldn't cost 30 years of work. I definitely don't feel bad for speculators.
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