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ThoughtsOnline

Thursday, February 19, 2009


Why must we view foreclosures as a "crisis that is plaguing the nation"? Isn't the system working the way it is supposed to work, when people who buy things they can't afford have to give back what they bought?

And I am also puzzled by the lack of significant opposition to Obama's $275 BILLION foreclosure rescue plan, why more people aren't complaining about using taxpayer money to help those who, whether through stupidity, greed or ignorance, bought houses they couldn't afford to buy... and who haven't been making the mortgage payments they promised to make.

And don't give the line about how sad it is for people to have to give up their homes, to have to move somewhere else that ain't so spacious or nice. People move all the time and nobody has a right to a house that is nicer than they're willing and able to pay for.

To cite but one example, the couple mentioned at the end of this story "We are not deadbeats... All we want is a mortgage we can afford". Well lady, you can get a mortgage you can afford... but not in the house you're living in. Move out and buy a house with a mortgage you can afford. That's the way it is supposed to be done. Well, at least it is the way things used to be done.