Quote:
Originally Posted by TheMercenary
So why can't we just let them go bankrupt in the cases of bad decisions and live in a box for punishment?
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Because some of the people getting hurt now really didn't do anything wrong. Refinancing people's loans shouldn't bother you if it keeps them in their homes. It will help calm the housing market and eventually stop prices from falling, something people are very concerned about. Less forclosures DOES help YOU, whether you realize it or not.
Your anger is aimed at the wrong people. You should be angry at all the bankers and investors and lenders who caused the problem by creating unethical structures that would increase their wealth even though they knew wouldn't work. It never ceases to amaze me how you pick on the little people and never point the blame where most of it
should go, corporate greed and excess and corruption.