[quote=deadzone]That’s bullcrap patient, these bailouts have nothing to do with making people (i.e.voters) happy. 3/4 of Americans are not homeowners, not sure where you got that stat. The majority of American’s are against bailing out homeowners. Nearly 40% of Americans are renters, do you think the bailout is making them happy? What about homeowners who either own their homes outright or nearly outright? Are they happy?
Don’t kid yourself, Its all about saving the banks and financial industry. The U.S. economy has no real foundation outside of loaning money to each other to buy crap. If/when the financial industry implodes, the U.S. is done. [/quote]
deadzone:
1. Check my post. I didn’t claim that 3/4 of Americans are homeowners. [Hint, check for the word “voters” in my post.]
2. Yes, people may rail against bailouts. But let’s take a reality check here. Many of those people want their own home’s price to be higher, not lower. That is true whether they have a mortgage or not. If you want something for yourself, it can lead you into turning a blind eye to what it takes to get it.
