If the government wants to help first-time buyers, give them a good mortgage.
If the government wants to help current house owners, help them to negotiate a good refinance.
If some owners can't afford the mortgage no matter what, let them go under. You can't help anyone.
Giving people cash to buy home doesn't help mortgage at all. It is not a tax cut because there is nothing to cut. It is a spending bill.
I can't agree on this. how come a taxcut with nothing to cut?
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Majority of 800B package are wasteful spending. Full of pork.
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02/11/2009 postreply
12:30:23
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Expending by spending is why we get to this point.
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02/11/2009 postreply
12:37:15
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true, but this one is for homeowners.
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02/11/2009 postreply
12:33:26
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nothing to cut?
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02/11/2009 postreply
12:32:10
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this is the difference between us.
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02/11/2009 postreply
12:35:38
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look, someone needs this money badly
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02/11/2009 postreply
12:39:20