#80233On Thursday, July 03, 2008Guest (not verified) said,
This article seems to vilify those that had a foreclosure, saying 'homeowners facing foreclosure made a very poor decision.' That's not always the case. When we discuss a government bailout of sub prime mortgages is not because the government is concerned with citizen housing, they are concern about the stock market. For example, Bear Stern was bailed out because if they did not, there could have easily been a run on the market. So here's my opinion piece, be careful what petitions you are signing, because these folks look like the same type of people advocating stripping children, mothers and the elderly of social programs.
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This article seems to vilify
This article seems to vilify those that had a foreclosure, saying 'homeowners facing foreclosure made a very poor decision.' That's not always the case. When we discuss a government bailout of sub prime mortgages is not because the government is concerned with citizen housing, they are concern about the stock market. For example, Bear Stern was bailed out because if they did not, there could have easily been a run on the market. So here's my opinion piece, be careful what petitions you are signing, because these folks look like the same type of people advocating stripping children, mothers and the elderly of social programs.
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