I didn't even read the story. The headline and first paragraph irked me enough.
How about, you made your bed, now you get to lie in it?
How about, you signed the note, now MAN UP and get a job at McDonalds after you get off from your job at Intel, and PAY YOUR OWN FRIKKEN MORTGAGE?
Help indeed. Help this. You either knew, or should have known, that you were getting in over your head (sometimes WAY over your head). A person with some dam' sense would not have made a deal they couldn't afford!
Oh, boo-hoo, you got laid off. Whatever happened to savings? You didn't have any available credit you could charge up with mortgage debt while you looked for a menial job to cover the loose ends, and another low-paying job to pay the mortgage? What, you've got circumstances and you are so special, you can't get 2 jobs? BAH. There is a family or a church nearby that will let you stay with them while you try to get on your feet. Suck up the hit on your credit, or arrange a workout with your bank, or else BE QUIET about you didn't get some "help" when some other people did.
[/rant]
I was listening to the radio today and they said there was going to be a program to "help" homeowners who had missed 3 payments, to keep their houses. What about the homeowners who busted their hump and got a second job so they could do the honorable thing and make their payments on time? What about the ones who canceled their $200/month TV/Internet/phone package, sold their $400/month car and got a beater to drive, stopped eating out, stopped going to the movies and concerts, stopped taking extra car trips, and generally cut their costs and scrimped and saved and PAID THEIR MORTGAGE ON TIME, EVERY TIME???!!
?
Oh, them.
!
No help for them.
The Forgotten Man, indeed.
Oh, by the way, we'll just up their tax burden to pay the mortgage notes for the folks who couldn't quite figure it out on their own. Thaaaaanks. I'm sure they won't mind that at ALL.
The New Federal Mortgage Plan Does Not Go Far Enough is the headline. The headline is what doesn't go far enough. It should read:
New Federal Mortgage Plan Does Not Go Far Enough Towards Socialism to Shut Up the Socialists and Pacify the Lazy-A$$ Whiners Who
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No really Dave, go ahead, tell us how you really feel!
To quote Mr. Scrooge:
BAH! HUMBUG!
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