Website review: Three Reasons Why a Mortgage Bailou...

digitalmoto digitalmoto discovered this in Business 6 reviews since Apr 29, 2008
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digitalmoto discovered 3 months ago
Nice article on why the mortgage bailout is a bad idea.
john-sampson rated 3 months ago
From the page: "Multiple polls have shown that the majority of people are against a government led bailout of mortgage borrowers and lenders. Nevertheless, lawmakers have been forging ahead, looking for new ways to bail out the irresponsible parties that created all of the problems. The worst part is that they are actually receiving support and encouragement from lobbyists, consumer activists and other people who are all too content to throw innocent taxpayers to the wolves. This article is a plea to all of those people who think that a mortgage bailout is what this country needs right now and to the groups that want to punish responsible people for their own personal gain."
meDuckie rated 3 months ago
very informative article however it must be noted that it is an opinion
ferristyrone rated 3 months ago
Incorrect assumptions about the entire process and misinformation about what actually needs to happen. The truth of the matter is that if banks and lenders are in a damaged position, the economy suffers. See the present slide in interest rates and the Bernake debacle that affects all of our futures. I do not argue that the crisis was a mistake to offer mortgages, but no bailout will cause more damage to an already flailing economy.
TalSiach rated 3 months ago
Good Reasons Why a Mortgage Bailout Is a Terrible Idea
bdarbs rated 3 months ago
An open letter to lawmakers and taxpayers who think a mortgage bailout is what we need to solve the housing crisis.
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