As a growing number of jobless Americans default on their mortgages, the Obama administration is considering new ways to help them avoid foreclosure.
Among the options being floated are giving the unemployed money, in the form of grants or loans, to cover their mortgage payments or allowing them to remain in their homes as renters after foreclosure.
The plans remain in the formative stage and are likely to encounter resistance in Congress.
Odd? Congress resisting to more spending for people that aren't good enough at what
they do to stay employed? Why don't we just pay all their bills? You know if we
pay these peoples car payments they would have a better chance finding a new job. Also, so many employers are running credit on new hires we wouldn't want them to fall behind on there outside mortgage consumer debt so we should make these peoples credit card payments as well. So we pay the mortgage, the car payment, the credit card bills. this is the life do whatever we want with no accountability!! I you cannot hear the sarcasm in my writing please go back to third grade!
-Christopher Rockey
Saturday, July 25, 2009
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