If The Corrupt Government Bails Out The Bad-Home-Loan Makers....

[BlooInBloo]

... They should do it by bailing out the bad-loan-taker individuals - maybe something like paying off 1/2 their note or something. That way the financial institutions get their money, AND the individuals get to keep their homes.

I'm not a big fan of people/institutions being bailed out of their own irresponsible lending/borrowing, but if it's gonna happen, may as well have it happen in a way that benefits the little guy.


As to reality: Do I think such a thing *will* happen? No. But if there's any chance of anything like that happening, it'll be with a Democratic President, and a well-spined Democratic Congress.

[RC]

1. More than likely the government will bail out the sub-prime lenders.

They're business after all.
If you can't afford to keep your house, that is your problem, you should have read and understood the papers you signed. :sarcasm:

[RB TexLa]

2. Why bail the companies out? The loans are sold to more stabe companies.