Now that he signed the bill

July 31, 2008

So today I been thinking, well when your at the hospital waiting for your test to start you tend to think, and I wonder now that President Bush signed that housing bill, how this will not only effect those home owners facing foreclosure, but the mortgage lenders? Will companies benefit too? Although I will never understand someone buying a house that can not afford at a sub prime rate which made their payment literally below what they would of normally paid in the first place, and think they would not have trouble later on? I feel sorry for them BUT I don’t. They got over their heads and I don’t feel sorry for the banks that did that either. What were they thinking? I guess I have a hard time with this because there are so many folks who can barely make ends meet, there are those who are Veterans and get little to no help, and those sleeping on the streets because they are homeless, that I think need more help. I am very torn about this bill.

Posted by Suzie Q | Filed Under Bulk Bin

Comments

One Response to “Now that he signed the bill”

Lisa Ann on July 31st, 2008 9:17 pm

It all boils down to wanting to live above their means. I don’t feel sorry for them. I don’t think the government should be bailing them out either.

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