Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.[/quote]
I still wonder if there wasn’t some way to forgive principal for owners by giving it to their lenders. I’ve heard Jon Stewart discuss it before, between jokes, and it certainly sounded good to me. He is actually fairly intelligent, is neither liberal or conservative.
I’d like to hear arguments for and against that idea.
