[STONEWALLS]

...Stimulus 2 will just stimulate anger...people are already worried about the national debt as it is...this will really galvanize them.

[God luvs America]

bingo...& if zero goes ahead and pushes this mortgage amnesty plan for .03% of the mortgage holders in this nation, as has been reported, the kettle will over boil...

[USNBandit]

Step two is the regime's plan to reduce mortgage balances for homeowners who are underwater. Didn't they already try this? And didn't it fail miserably?

It was called the Home Affordable Modification Program (HAMP).

I think they are moving up the food chain, from people that can't afford their home no matter how it is financed, to people that had bad timing.

It is still going to tick off people like me. I made a downpayment on my house and now that I am refinancing I am going to get a higher interest rate because I've crept above 80% LTV. No hand out, no special program, still paying off the amount I originally agreed to pay for the house. In the meantime I get to watch people getting sweetheart deals and principal reductions funded with my tax dollars.

Yeah, I'm going to hold a grudge.