[quote=JohnAlt91941][quote=sdrealtor]However, I think of everyone you would support a program to give the benefits of all these radical gov’t interventions to people on the streets instad of to bailouts of big banks. That is what we are talking about here and what could actually help stimulate this economy.[/quote]
I would NOT “support a program to give the benefits of all these radical gov’t interventions to people on the streets instad of to bailouts of big banks” because I don’t buy into the premise that we should bail out either group.
If we want to “stimulate this economy”, fine. Let’s say the average homeowner gets his mortgage lowered by $300/month through a refinancing. Over 30 years that’s $108,000. As a renter I should receive the same but I’m not greedy and will settle for half that in cash, which I promise to help stimulate the economy like crazy with.[/quote]
Amen, John.
I’m sick and tired of all the “stimulus” being directed at banks and lenders (via home “owners”). Talk about discrimination — the renters have not gotten a single bit of help from any of this govt/Fed money.
Either we give money to EVERYBODY, or we give it to nobody. Time to stop the idiotic “stimulative” measures that have served primarily to enrich the wealthiest Americans at the expense (lost purchasing power) of everyone else.