I could care less what Warren Buffet says. He’s an Obama supporter. I personally don’t want to have to pay for this bailout. I’m a 61 year old female, who raised two kids by herself, and never owned a home. Frankly, I don’t feel like paying for someone else’s f-—ing mortgage.
Well, I don’t care who Warren Buffet supports politically. He put 5 billion up to prop up Goldman Sachs. He’s putting his money where his mouth is, and is probably a little more financially astute than most. I’m 48 and single with two kids still at home, two that graduated college on student loans, and I own a home. I’m able to pay my mortgage, sorry that you never were able to do that. It’s not really a bailout. It’s an investment. Good grief, the money used to buy the mortgage back securities is actually buying real property. When values of homes come back up the government can sell these properties.