12-06-2007, 02:23 PM
Apoc Wrote:There's a name for this program... it's called Welfare.
This doesnt cost the gov't (taxpayers) any money though. Just the banks in the form of lost revenue, although if people dont pay their mortgage they lose even more so ultimately this decision should be up to the lenders and not the gov't.
I dont agree with bailing people out that bought more than they could afford though. Let them roast.