Surely you dont expect BANKS to take those losses, do you? Just think of this as another bailout. Gee, I wonder what this will do to the recovery? If you thought debt slavery had been eliminated, think again. The same people who were caught in the recession when gambling banksters lost their gambles, got bailed out, are caught in the middle again. Between this and massive student loans that bankruptcy cannot clear from your record, those banks pushed too many loans on too many people, often unwisely so, but our laws shield them from the effects of their misjudgment. This is just another source of profit, along with those ever-higher fees, read punishment. Maybe its time to bail out everyday Americans?
Posted on: Tue, 14 Oct 2014 11:58:30 +0000