I’m not in favor of a bailout of homeowners. That’s BS, unless they are going to give me now a zero down, no doc loan at a very low fixed rate.
That said, I do not approve of corporate welfare either. Basically helping Bear Stears was exactly that.
Not only am I on the fence about buying a house, I’m on the fence about the election. When she first said she was going to run, I thought about it. But then when she started talking about helping the homeowners by fixing their rate. But I heard the government can’t interfere w/contracts like that. I ended up voting for Obama. He wasn’t saying things like that back then.