'Distressed families' to me means families who bought what they could afford, and then something happened that they couldn't afford it - a loss of job, etc, and now they can afford it again, but are so behind they can't catch up without help. I'm okay with that. But if it's just for anyone to tap into, or for low income people, it's not okay.

People lose jobs all the time, why is it now somehow a special circumstance that warrants a funding bill? 

Can I quit my job and have her pay my bills?

If you promise to vote for her - probably   

It's because of these sub-prime mortgages I can't afford housing where I live. In a selfish sense I hope it helps crush the housing boom and bring prices back down so rent and housing is more affordable.

I refuse to over-extend myself by using sub-prime to get a house. I have worked too hard to get my credit score where it is.

Another example of Political Correctness PISSING on hard working smart Americans!

What the HELL are they doing to my country??????????????????

Ah, the red carpet of Stalinism!



Well, spoken LW! I rent an older 4BR 2BA house (built in the 60's). I have done lots of work for my landlord and there is still much work to be done. The house would appraise for OVER $350K easily. I can barely pre-qual for a 1/3 of that.

People played with the Sub-Prime knowing that they are high-risk. Now the market went against them and WAAAAAAAAAAAAAAAAAAAAAAAAAA!

Sheesh! give me a break.

I know I don't usually piss and moan like this but I'm getting married and can't even afford a bloody house!!!!

GAAAAAAAAAAAAAAAAAAAAA!

*sigh* there I'm done.

Aren't most of these Darwinist?

Interest only loans? Variable rate? What the heck are people thinking? The bank loves this stuff, "Hey, let's transfer ALL our risk to the consumer, instead of just part of it."

Hmmm, maybe a good time to buy stock in the Repo-Depot?

Let’s look at this proposal-- $ 1 Billion to help Americans keep their homes and stop the losses from default or $12 Billion next month in Iraq or $12 Billion tax credit for Big Oil so the wealthy can have bigger dividends. Which has the better return?

Leave it gene to bring "big oil" and Iraq into this.  For someone who complains constantly about debt and budgets you sure have no problem with spending more money.  As was explained above, it's not the resonsiblity to help people with their mortgages, car payments, or any other excuse people like you come up with. 

Why work gene, when we have people like you who thinks the federal government should bail everyone out of their problems. 

I swear Col sometimes you make me wanna vomit. This is not about helping, this is about bailing idiots out for their stupid decisions. And guess what you moron of a human, if this idea is passed it will not be a choice of either:



It will be 1 billion + 12 billion. So in reality you opinion makes the problem you bitch so much about even worse. Nothing funnier than the idiot of all idiots, Col gene, crying about the deficit one day then scream for 1 billion to help a bunch of morons the next. I have to wonder, considering how much of a moron you can be, are you one of those people who will benefit from this Billary idea?

Did she also propose a way to keep these same people from falling behind again or will this fund be used to bail them out again and again?

Gotta hand it to her though. She really does no how to pander to the right people. Talk about buy votes. It'd be funny if all those people she proposes to help all vote against her. Hold on, will this also include middle and high income earners as well? Or will this be based on income? And how will the Democrats convert this into some kind of universal benefit for those who afford to pay their mortgages but deserve to be helped just like with Universal Health Care? So many questions, no answers.

There is a reason that medicine tastes bad.  Itis so you do not come to like it and to remind you of how you got to need it in the first place.

This latest "crises" is not a crises.  It is the medicine that is necessary to cure the excesses of the early 21st century.  When people wee over committing themselves.  The solution is not to affirm that decision.  The solution is to give them a dose of castor oil so they do not do what got them there in the first place!

This bailout, besides being another example of good intentions and the road to hell, is also enabling the addict to continue on their self destructive course.  And when the addict dies from an OD, you know that Shrillary is going to be there demanding an explanation and an investigation, while denying any culpability.

and how do you pay for this lets see raise taxes and spend. oh what happened to paying off the debt. and fixing the infrastructure.