Friday, March 28, 2008

Mortgage Mess

It is very disturbing to me that the government wants to use my hard earned money to bail out irresponsible homeowners. Don't get me wrong I don't want to see anyone lose their home but come on. What happened to people being responsible for their own decisions?

Would I like to live in a bigger home? Sure would, everybody would. The problem I have is many purchased homes that even my dog could have figured out they couldn't afford. Sorry idiots you should have known that when you make $30,000 a year you couldn't realistically afford a $300,000 home. It's not rocket science folks, we shouldn't bear the brunt of stupidity.

The gov bailing out Bear Stearns was a different story. Yes they are idiots also but to prevent a collapse of the financial system in this country, it had to be done. I'm not happy about it but being involved in what we're involved in, we should understand the ramifications if the idiots at Bear Stearn were allowed to collapse.

Gov-Stop bailing out idiots, put some responsibility back on the banks and the individuals who created this mess. It's time the Feds stop holding the hands of the morons.

Fiscal responsibility, something apparently the Feds and a lot of this country have no clue about!

No comments: