
My car has a vehicle identification number that begins with a 1, it was assembled in the United States. We built our home 3 years ago and have a fixed rate mortgage and quite a bit of equity. So I ask, at a time when many told us we were nuts for getting a fixed rate instead of an interest only loan, and driving a domestic brand car, many of those folks need help. We always paid cash for our cars, we own a couple rental properties we could sell if we had to, our small business is doing well enough to keep 8 agents from poverty and yet we will help those that were foolish (mind you not in all cases) with a bailout. There is a point where I believe some should just plain pay for their greed. If you needed an interest only loan for a home that is just plain greed, you do not deserve assistance! I always bought a domestic brand vehicle yet I'll probably pay again for a bail out. We could have opened a large real estate office and employed as many agents as we could to simply collect fees, but, that did not make any sense to us. To the many of us who just plain did things right I salute you, we will all pay in the long run, but, we certainly deserve better. By that I mean the small businesses that are no longer in existence is the real shame in all of this mess. No bail out for them, they worked hard and employed locally, and many of them deserve better by doing things right. Sorry for the rant, it's just that when it did not make sense and you did it anyway, I'd rather not bail you out Gordon Gecko (too much coffee this morning). This is still the greatest nation ever, free speech prevails....


Frank & Jodi. I think many agree with you. I like to call it financial dawinisim. If you were not smart enough to understand what your payment would be, or what type of loan you applied for, and you are constantly trying to keep up with the Jones' than Maybe you do not deserve what you have? and you certainly DO NOT deserved to be bailed out for being Dumb! (my harsh 2 cents worth! as a mortgage guy I am tired of people saying the mortgage companies are the bad guys in this equation when ultimately it is the consumer that screwed up, I know that I have not put anyone into a loan that they did not understand, or into one that they NEVER should have had)