The President's Foreclosure Rescue Package - 02/20/09 08:36 AM
A couple of days ago the President announced his plan to rescue homeowners in mortgage trouble.  Those who criticized him two weeks ago for not having a plan are now criticizing him for the plan he has.  As Kurt Vonnegut wrote in Slaughterhouse Five - "and so it goes." 
However, I'm more concerned by the continuing criticism by those of us who have been paying our mortgages (at least semi-regularly) that those bad people should not be "bailed out."  It reminds me of a Russian fairy-tale that is probably centuries old.
Russian peasants traditionally are jealous of their neighbors' good fortune.  Against that background,  a … (1 comments)

 

Karl von Loewe

Hillsborough, NJ

More about me…

Prudential NJ Properties

Address: 408 Route 206, Hillsborough, NJ, 08844

Office Phone: (908) 874-3401 x 305

Cell Phone: (908) 239-9438

Email Me

Thoughtful and spirited opinions and musings on the real estate market.


Links

Archives

RSS 2.0 Feed for this blog