Having read your post I want to say something about all this. I generally agree with what you said but a couple of points I disagree with.Originally Posted by tony
The first being
Please tell me what war in the history of our country has ever showed a return investment? When has a country ever fully payed its repreations and we made money off of it.Originally Posted by tony
This is an issue I have been thinking about lately. While I feel bad that there are people who are losing their homes due to the big Adjustable Rate Mortgage trend in the end people are responsible for their own actions. Nobody put a gun to these people's head and told them buy the house or eat lead. If you don't read through the contract and now what comes after the first two years of being on the lower rate than you shouldn't be buying ahouse alone anyways. Maybe the government should not have allowed this but. I do not see how it is the governments responsibilty to save people from their own dumb financial decisions. I was watching Gretta Van Sustren last night and she did an interview with John McCain and I personally have been saying this all along. The only way for people to recover from this is to get to the bottom so that we can start over and begin growth again. The government negotiating with mortgate companies to extend the time underwhich they get the lower intrest rate does nothing but prolounge the problem.Originally Posted by tony




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