Bailout of Mortgage Companies

[possumfat]

Call it sour grapes or whatever but no one from the goverment offered to bail me out when my business had financial troubles............and mine wasn't due to being able to qualify for more than I could pay.

Just sayin...............

[lillaimof2kids]

I'm with you!! DH and my business didn't survive. Now my sis-in-law and her dh business is failing. No one came running to save either of us!

Now I just wonder how high our taxes are going to fly because of all the bailouts!

[AngelinaCatHub]

I said what you have in another thread. I think the 'shake out' should come by the fall of their own weight. I think there is more to this and Gov is protecting a lot of skum. Remember, when government bails anyone out like even food stamps, WE are government it is our money. 'Hub

[Flamingo]

Then there are those of us who had nothing to do with subprime loans at all and still get stuck eventually paying for all the foreclosures, BKs, bailouts, etc. Someone has to cover all that damage...just as we all pay for shoplifting, employee theft, insurance, government, welfare and other fraud. Prices and taxes will continue to rise.

[AngelinaCatHub]

Then there are those of us who had nothing to do with subprime loans at all and still get stuck eventually paying for all the foreclosures, BKs, bailouts, etc. Someone has to cover all that damage...just as we all pay for shoplifting, employee theft, insurance, government, welfare and other fraud. Prices and taxes will continue to rise.

That's a fact. WE THE PEOPLE...... The crooks get their parachute package and retire laughing all the way to the bank.

[No Gravy]

Call it sour grapes or whatever but no one from the goverment offered to bail me out when my business had financial troubles............and mine wasn't due to being able to qualify for more than I could pay.

Just sayin...............

I hear that!

And I remember Bush saying, when the foreclosure crisis first started heating up, that there would be "no government bailout, other than "consumer budget education."

Funny how it's all different now.

I realize it's all more complicated than that...and yet, it's not.