Quote:
Originally Posted by jyl
Your house was overvalued like the rest of them.
|
There's your problem. Overvalued housing and an oversupply of housing are a bad mix. We're treating the symptoms. Fact is our standard of living is in default and in danger of foreclosure. We're trying to push the flaming turd back up the rapids, but it just keeps coming back down. Our hands are getting dirty and our noses suffer.
The numbers put forth by the government are laughable. The claim is millions will be helped by this initiative. It will be a massive failure, just like "Help Now."
So, don't worry, guys. Your tax dollars are gone, but at least we get no bang for the dollar. That was the plan, right?