At what point do people have to take responsibility for their actions?
After reading this Link
The best part of the article: "As a result, desperate homeowners have sent payments to banks in often-futile efforts to keep their homes, which some see as wasting dollars they could have saved in preparation for moving to cheaper rental residences. Some borrowers have seen their credit tarnished while falsely assuming that loan modifications involved no negative reports to credit agencies.
Some experts argue the program has impeded economic recovery by delaying a wrenching yet cleansing process through which borrowers give up unaffordable homes and banks fully reckon with their disastrous bets on real estate, enabling money to flow more freely through the financial system."
Yes, losing your home is horrible, but you bought something you could not afford and then wanted the government to save you which has made the problem worse and as a result the inevitable has been delayed which is now affecting other people who had nothing to do with your stupid actions.
And for something a little closer to home (My Home)
Link
This one is personal to me because I actually know one of the couple's who have been affected by this.
For those that do not know basicly what happened is a bunch of Liberal's here in California decided that a little more than a decade ago that they would through government help and social programs move people who lived into bad neighborhoods into better one's.
Liberals believed that giving something to people who had not worked for it or earned it would make the world a better place and with no surprise to any sane person with common sense (That means someone who isn't Liberal) it didn't work
Not only did it not work but this social engineering has lowered the property value of entire neighborhoods by raising the crime rate.
And because of this the elderly couple I know who have lived and worked in Antioch for decades who had raised their children in their house they had worked and saved up for are now afraid to go out at night.
Edited, Jan 2nd 2010 12:42pm by ThiefX