How is this fair to renters and home owners who had the foresight to take on loans they could afford? ...Unlike the Republicans in Congress, she has been consistent in opposing the bailout of irresponsible homeowners.
Why is it government’s role to take my money to fund someone else’s property value preservation?
Many people say we should feel sorry for irresponsible homeowners facing foreclosure. I was kicked out of my home during the upside of the bubble so my apartment building could be converted to condos, so I have no sympathy for people getting kicked out of their homes because they bought more house than they could afford. Why should we have a double standard?