« Back to story "Obama to commit up to $100 billion of the $350 b TARP financial bailout fund to help Struggling Homeowners"

Story Comments

Posted by: GLee 11 months, 1 week ago

This page is a permanent archive of the comment below and its replies.
To view this comment in the context of the full discussion for the story, use this link.

All Comments Share Story Report

100%
GLee11 months, 1 week ago

This comment is below the standard viewing threshold View It »

Mistake #1.

If they couldn't pay their mortgage before how will they do it now? Money is even harder to come by these days so maybe renting would be a better alternative until........... until they have gained their financial balance.

(comment_max_expanded_depth : 55) (comment depth : 3) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
Reply
3 Replies

loading ...
- 100%
  wtagg11 months, 1 week ago
  
  This comment is below the standard viewing threshold View It »
  
  If they couldn't run a business before, how will they do it now? This in no different than what has transpired in the preceding months. So technically, it is really mistake #2.
  
  Well, it is a little different because it is actually going back to taxpayers.
  
  (comment_max_expanded_depth : 55) (comment depth : 4) (recursion depth : 2) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
  Reply
  0 Replies
  
  loading ...
- Neutral
  Tangent00111 months, 1 week ago
  
  This comment is below the standard viewing threshold View It »
  
  Well, gas prices are far lower now. Many people simply need to 'catch up'.
  
  Renting would be fine, but how do you expect someone to be able to sell their house in this market? Many mortgage holders are 'upside-down' since the value of homes in general has fallen.
  
  (comment_max_expanded_depth : 55) (comment depth : 4) (recursion depth : 2) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
  Reply
  1 Reply
  
  loading ...
  - Neutral
    GLee11 months, 1 week ago
    
    This comment is below the standard viewing threshold View It »
    
    I have been in 'trouble' several times as a businessman. That is part of the 'game'. I had to suffer and pay a price. Why is it different for anyone else? We, as a country, can't continue to 'bail out' mistakes. It has to end and the load needs to be carried by the person who makes the 'mistake'. No one else should carry that burden.
    
    (comment_max_expanded_depth : 55) (comment depth : 5) (recursion depth : 3) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
    Reply
    0 Replies
    
    loading ...