Very good points CPA and I do agree with you that something has to been done.
The folks that should get a break are the ones that can afford to pay their mortgage if it’s reworked so they can stay in their homes. The investors, CEO and folks like Paulson (who got a $29m bonus while at Lehman) need to be on thier own and figure it out.
I’m just thinking that scaring folks into a panic and asking us to ‘throw more money’ at the problem is not the answer and will cause us more problems in the long run.
The government has never been able to run anything effeciently and I don’t think they will start now.
For the first time in my life I agreed with John Boehner and the other house republicans that just did not sign over the money and is looking for other options where the banks take on more of a burden in this crisis!