I most definitely agree.
Fifty-three percent (53%) of Americans say that the federal government should not help out homeowners who borrowed more than they could afford. A Rasmussen Reports national telephone survey found that 29% disagreed and believed that federal action is appropriate. Seventeen percent (17%) are not sure.
There is even stronger opposition to federal help for banks that made bad loans. By a 4-to-1 margin (61% to 15%) Americans reject that approach to resolving the current mortgage crisis.
My hard earned tax dollars should not be going to save idiots from themselves. Anyone who did not see this train wreck coming is a fool. Those who actually stopped in front of the train thinking that they would be immune to physics need to be taught a lesson. Any kind of bailout would tell fools and idiots that its OK to make bad moves because the whole country will drop what they are doing to dig them out of the mess that they made. Guess what will happen? Those same people will do the same stupid things all over again.
No. No way.
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