Or more aptly called “Sleazy banker scheme to unload toxic assets on the taxpayer while turning people into debt slaves for life # 27”
Hopefully the people decide not to be “helped” again.
“All of us are paying a price for this home mortgage crisis. And all of us will pay an even steeper price if we allow this crisis to deepen,” Obama said in prepared remarks released Wednesday. –>On the cue card Obama got from the federal reserve.
We are all paying because they decided to make us all pay. That was a policy decision. Just like it was a policy decision to push up home prices.
We are all paying for the politician crisis and we will pay more as the crisis gets deeper.
I wonder what there plan B is if this does not work.