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First off, how did that happen? Obviously that kind of thing has to be fixed first. That should NEVER happen again! The people involved need to go to jail.

Second, why does anyone think this guy deserves a bailout? Yes, I feel for the guy if he has nowhere else to go, but that’s where charity and faith based organizations step up to help, not the government.

Remember people, teach your children better or that’s how they will behave.

I’m just reading this now, via a link from Gulf Coast Pundit. I’m very sorry to hear about your experiences. It sounds like you did everything right, to the best of your ability, and ended up almost destitute. I don’t know what to say. It’s heartening that you do not ask for nor expect a handout. Many lesser people would, and it would be hard to blame them. I hope things work out for you.

And then you came here to tell your story, only to be repeatedly insulted. Appalling. Some people just lack basic manners and civility, I guess.

Fix this mess, Obama. Prosecute the people responsible for these irresponsible loans [ACORN, Barney Frank, etc.] today!

Hey waitaminnit! We are bailing out the suckers!

I guess we are the real suckers…..

I agree and said that as well.

The idea that its JUST consumers being irresponsible is flawed. The banks/finance industry helped create the players in this crisis by their own actions. Getting people hooked on credit/financing has been the m.o. for some time in our market place.

Its like when the doctor gives a person an addictive drug and then the person has trouble getting off the medication. Its not JUST the person who took the medication’s fault. Doesn’t mean that person is not responsible. Just that the picture is bigger than the consumer side of the equation.

If we really want to fix the financial “crisis”, all parts of the setup that led to the crisis need be identified. The banks/credit card companies/etc., have a part in this. Its not JUST consumers who are irresponsible.

So I rent, and put the money I save by not having a mortgage into a savings account, hoping that it will still be there when the Dippy Dems finish screwing around and some Republican finally gets the thing done.

401K’s and IRA’s are trashed, but it’s an “unrealized” loss, meaning I can’t deduct it, much as I would love to.

Obama’s mortgage relief plan in a nutshell: rewarding deadbeats and punishing responsibility. He’s going to help out those who lived beyond their means, while those who managed their risk get nothing except the bill to pay for all this….