02-19-2009, 06:36 PM
Gutenberg wrote:
More of a middle ground than some people WANT to believe. We have been saying and saying and saying that the program is for people who have gotten caught in this mess through no (or very little) fault of their own, but the righties insist on shrieking about McMansions and mortgage cheats.
Obviously they haven't been paying attention to the plight of many areas of the Midwest, where housing values have been declining for a decade or so, and people who need to move for a job, or because of family, can't sell the house they currently own. Get ready, California, because this kind of deflation is coming your way. I have talked to quite a few people who are upside-down in their mortgages in Baltimore, and it is not a comfortable position at all. It will take years to work out of it.
It's ridiculous that the righties would rather see many good people on the street than risk rewarding one person who gamed the system. Absolutely dumbfounding.
It's dumbfounding to me that, not only can't you understand the other side of this argument, but you can't even understand there is another side to this argument. You just keep setting up the same strawmen, along with your insults. Not particularly insightful. kj.