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Dear Redneck, where I can certainly understand where you are coming from... doesn't it feel worse to know that you paid the insurance but if the government owns it your taxpayer money is going to be paying it forever.
Originally posted by angelonmyshoulder
It's like Robin Hood stealing from the poor to help the rich. (that would almost make me laugh it it wasn't so true)
Originally posted by Anonymous ATS
Instead the plan is to keep the prices inflated which will require the same shady lending practices that got them into this mess. I say we should let them all go under, the homeowners who knew they could not afford it(sorry to those of you reading this), the banks, the insurance companies and the foreign investors (whom I am sure these bailouts are aimed at saving, not you and I).
Does anyone else think it's a little scary the the government now basically owns our country's mortgage market and the world's largest insurer?