200 billion has previously been appropriated for the housing crisis and today they are adding another 75 billion. My fear is that the majority of the people who get thier mortagage restructured after the moratorium will be back in forclosure within two years. There is plenty of blame to go around. The government forced the banks to make loans to people who could not afford them so they could appear to be helping the less fortunate and get thier votes, the lenders got greedy and made bad loans with the hope that it would not catch up with them and people bought houses they could not afford because-well-the bank lent them the money. Now people who make good decisions have to foot the bill for people who make bad decisions-AGAIN. While we are having to tighten our belts Uncle Sam is getting fatter and fatter.


Ok, I'll get of my soap box now! If anyone disagree's with me I am still your friend. I may claim to know it all but deep down I know it don't.