Upcoming Foreclosures

Aren't most foreclosures those of expensive houses? Why should the government be buying expensive houses?

Why should our government be bailing out the builders and mortgage investors who built these mansions? What about the rest of us who did not buy more than we could afford? Where is our reward?

Public Comments

  1. No, most of the foreclosures are on median priced homes where the lender loaned the money to people who weren't really credit-worthy and lacked the ability to make their mortgage payments once the payments re-set at a higher rate.
  2. politics, popularity, lobby chasing - what can we do when powers lies some where?
  3. they shouldn't be. The should let the businesses deal with the consequences of their actions.
  4. 1) No. 2) Because they need them for their employees. 3) Because those companies are owned by Congressmen and Senators. 4) What about them? 5) If you want a reward then write a book (If you want a Pulitzer), write a song (If you want an Emmy), write a screenplay (If you want an Oscar)...
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