Thursday, March 5, 2009

Taxpayers Having to Bail Out Homes Worth Almost 3/4 of a Million Dollars

by Janet Crain

Federal Bailout Plan for home mortgages will include balance owed up to


Do people with money problems need a house worth almost 3/4 of a Million Dollars?

Should taxpayers be required to help?

These questions are easy to answer to me. A resounding NO seems appropriate.

But I guess they are "too big to allow to fail". Where did we hear that before?

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© Janet Crain

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