P!
Just let the bad debt fail damnit.
this shows the utter vacuity of obama, to tax the profits the banks (and outr economy) need to grow and buffer themselves against the bext phase of real estate bubble to come- soon
eating seed corn does not increase the crop and leads to starvation in the next harvets season! D’OH!
Let me guess, the US government forcing banks to give home loans to people who couldn’t afford them, all in the name of mythical ‘redlining’, is still a very bad deal for America’.. ?
And about that ‘home loans for illegals’ program, how is that working out for you now America?
I am shocked I tell you shocked. Shocked that Barney Frank and Chris Dodd would allow such a thing.
Fifteen banks have failed in 30 days so far this year. A bank failure EVERY OTHER DAY! Never let a crisis go to waste, 0bama!
Jerk.
Did you see any clips of 0bama at the GOP weekend? What a PETULANT child! My 22 year old is more mature than that. What have we done?!?!?
I mean if someone out there can enlighten me, please feel free but I just don't see how logically one can make the argument that because my house is worth less and less I owe the bank some money. Yet that is exactly what is happening. If there was a gun involved in all this it would be called “armed robbery” but since it is just the gummint it is supposed to be OK and since there is a bozo in the White House that is calling for it we are supposed to just let it happen?