Listening to NPR this morning I almost choked on my coffee.....Obama wants to fine the subprime lenders for putting people into mortgages they could not afford and then turn around and use the "billions of dollars in fines" to help these people out? Barack, you are losing me.......
Yes the subprime lenders were wrong but please put some of the blame where it belongs - squarely on the shoulders of those borrowers who took out loans they KNEW they could not afford. And he wants to "fine" these companies? They are bankrupt - out of business, how would anyone be able to milk "billions" out of them? Notaries owed a measly pittance can't even get their money.
Who agrees with this idea? |