Thread: Bad home loans
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Old 09-20-2008, 02:54 PM
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Scott S Scott S is offline
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Default Bad home loans

As the mortgage crisis continues to unfold a thought occurred to me.

I don't know anyone who has lost their home, except for maybe one person that went through a divorce. Do you know of any?

This new scheme to bail out bad loan debt will be paid by the vast majority of us that have been responsible in our choices. I would propose that any home owner that will get help from the government to keep a home must forfeit a portion if not all of the interest deduction for that loan.

At least there would be some accountability to the rest of us.

Scott S
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