“Why should I pay someone elses mortgage?”
Did I ask you to? Most banks are privately owned and/or operated. Even the publically owned ones are largely controlled by a small number of people.
The losses they take should be theirs, just as the profits they make.
Banks love regulation and courts when its on the profit side.
Privatize profits, and socialize losses. Where do I sign up for that deal?
Yes you did.
1) I own stock in banks
2) I and my kids will pay higher fees and rates if we have to pay someone elses mortgage.
It's not the banks fault that someone made a mistake and overpaid for a home.
I know there are thousands of really good people facing terrible struggles right now. But that doesn't mean I should pay.
We are putting into place a huge wealth transfer with all of these programs.
Markets will work if allowed to.