Home › Forums › Financial Markets/Economics › Free bank living – the HELOC replacement › Nor-LA-SD-guy wrote: They
[quote=Nor-LA-SD-guy]
They should just quit pretending and just mail Checks to every U.S. citizen.
It would have been much more effective and less expensive then giving the money to the banks and hoping they would lend it out.[/quote]
The total committed by the .gov is 2 x the entire mortgage market. We currently have about a 10% non-paying paying portion of mortgage holders.
Do the math
Paying for FBs is a small portion of the nut
