Obama eyes home loan subsidies in rescue plan

http://finance.yahoo.com/news/Obama-eyes-home-loan-rb-14343095.html

I said before, it was one of the main reasons to lead current crisis----policy to encourge low income having home ownership. People have low income shouldn't buy the home they cannot afford in the first place, goverment cannot advocat such ownership by claiming "it is american dream"
If these people have trobuble to pay it now, let them foreclosure. Otherwise it is not fair to people who are responsibly paying the mortdege.

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回复:Obama truly believes every working people should have a home -noso- 给 noso 发送悄悄话 noso 的博客首页 (17 bytes) () 02/12/2009 postreply 13:16:59

wow. too polite. hardly believe it is your words. -用户名被占用了- 给 用户名被占用了 发送悄悄话 用户名被占用了 的博客首页 (0 bytes) () 02/12/2009 postreply 13:26:46

I can teel you what I saw just 15-20 miles where I live -WXC1204- 给 WXC1204 发送悄悄话 (454 bytes) () 02/12/2009 postreply 13:37:27

I live near LA, I only can say where I saw personally -wxc1204- 给 wxc1204 发送悄悄话 (332 bytes) () 02/12/2009 postreply 14:23:56

“I wrote a long response, but decided not to post.” CHICKEN! -用户名被占用了- 给 用户名被占用了 发送悄悄话 用户名被占用了 的博客首页 (0 bytes) () 02/12/2009 postreply 14:35:42

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