“This freaking irks me to work my ass off an pay rent for a shitty apartment while some a-hole that makes 5 times less than me that got a 1 million loan for a home will now be bailed out and will get to live happily in their 5000 sqft Santa Luz home for the same or less than what I’m paying for rent.”
I feel the same way you do, but I still don’t understand the bail-out process. What does it actually mean? If a person who took out a 1 million $ loan can’t afford it, the fed will pay their mortgage? To me, it is all so ambiguous. Could we all be exaggerating the truth in this matter. Please let me know because I am baffled.
