Do you agree with the Administration's recent decision NOT to buy up the troubled mortgages?

I agree with the decision.





Hopefully it will slow down the business community's ';rush to the trough'; mentality.





In capitalism, bad business decisions have bad consquencies, I can't believe all those Harvard MBAs haven't learned that.Do you agree with the Administration's recent decision NOT to buy up the troubled mortgages?
They might know that, but they have an agenda. Do you agree with the Administration's recent decision NOT to buy up the troubled mortgages?
I agree with it. I'm against the bailout though. Why should we be responsible for companies that can't manage money. Now American Express wants bailout money.
Yes,there has to be a better way and that would of saved no ones home really.If you can't make the payments you still will have no home.There are no easy answers here and it is still going to take awhile to fix.
I don't think we should bail out people who bought homes they couldn't afford, speculated on the value of the home they did buy or used the equity in their home as an ATM to fund their life styles. I could never understand how people could afford luxury vacations, a new SUV every other year, plasma TVs and the latest electronic gizmos while I was working my way through degrees, saving for a home, retirement and emergencies, driving my 15 year old car that I saved cash to buy new and living beneath my means. And, it incenses me that the bailout money was given to the corporate raiders who drove these companies into financial ruin in the first place. Those of us who played by the rules shouldn't be on the hook for those who didn't.
Yes, I am against any bailout sink or swim! Why should those that made bad decisions get a better deal than the man such as myself that bought a home I could afford based on my salary alone?





I had a clown at a VA hospital tell me he wished he had bought a more expensive home because the government was going to bail him out and he would be allowed to keep it. I snapped!
There is a study that has been validated which shows a correlation between the number of Finance Graduates from Harvard and the Market Bubbles which follow. When Harvard pumps out Finance Graduates then Bubbles soon follow. When the Finance Graduates diminish there are periods of steady prosperity.





The Federal Government has NO mandate under the constitution to meddle in private business affairs. You reap what you sow.





The result of the monetary policy of FDR, Johnson, Nixon, Ford, Carter, Reagan, Bush, Clinton, Bush, and Obama will be the total collapse of our dollar.





FACT: 2007 - money supply increased 17%


FACT: 2008 - money supply increased 50+%


2009 - 250% increase of money supply


2010 - Exponential increase of money supply





Since Woodrow Wilson our government has sought to eliminate the middle class and now it will be realized. All of these bastards are the same. All of them are printing money.





The idiots who voted for McCain and Obama - McObama fully deserve what is coming next year. There will be no upper/middle class after 2009. There will be the ruling Elite and every one else.





Welcome to Germany 1923 2.0
No, because we were supposed to GET assets as collateral against the loans. Now, what assurance do we have that the US will ever be paid back? Disgusting.