[quote=patientrenter]The original poster made a downpayment of 20% years ago. She won’t be doing that again, I’d guess. Seeing how much better the people who put no money down are doing teaches us all a lesson. Formerly responsible people won’t behave so responsibly from now on. But our political leaders couldn’t give a damn about that consequence of their actions.[/quote]
Very true. It’s certainly made me reconsider my deeply-held beliefs about “doing the right thing.” We’ve done everything right: saved money, stayed out of debt, lived within our means, etc., and we feel very strongly that we’re being punished in order to benefit those who were irresponsible and even those who actively participated in blatant fraud.
The actions of both the Bush and Obama administrations — and congress!! — make the “good guys” look like idiots.
