Instead of letting lenders and borrowers on a mortgage that probably shouldn’t have ever been made in the first place pay for their mistakes, presidential candidates want to make the problem worse. To be fair, Bush doesn’t have a better plan.
But then again, why should the government have a plan. No one forced the lenders to lend and no one forced borrowers to borrow.
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I think the government should just reward those of us who DIDN’T get a silly sub-prime mortgage with a free house from Ty Pennington.
Government and private businesses working together. It’s a great idea!