Dec
11
Why the Gov.can’t help mid-class people with mortgage problems and credit problems?
By
You get sick and work slows down,then get layed off? Who do you turn too after you have paided in for years?
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4 Comments
December 13th, 2009 at 7:29 am
The government is afraid that if they give people cash, they will not spend it wisely. (those that have trouble)
Statistics show that if you were to give a person is severe debt 10,000, they would spend it unwisely.
And its not all middle class that is in trouble. It’s only about 20% that is having trouble with making loans and credit cards. Most middle class people did not make option arms, and leased a 40,000 dollar truck.
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December 15th, 2009 at 10:54 pm
They don’t want to. Pure and simple. If congress wanted anything fixed, they would fix them. Their primary concern is staying in power. Fixing the countries problems is just hot air.
December 16th, 2009 at 1:10 pm
To me this is on emore way that the government is going to eliminate the middle class. It is by design and theory that there will be no longer three classes of people. It is leaning towards the upper and the lower. Just look around and see how many people now can afford a house, vacations and even alot of other luxuries like it was back in the day. My opinion is that before too long the middle class will cease to exist and the rich will get richer and the poor will get alot poorer.
December 17th, 2009 at 9:38 pm
Because that is not the government’s job. You get yourself in trouble, you get yourself out of trouble.
The government DOES NOT MAKE MONEY. They get their money from the people who work and pay taxes. You get yourself in trouble buying a 60-inch plasma, don’t expect everybody else to pay it off for you.
When you get in trouble, are you going to ask the police to put a gun to your next-door-neighbor’s head and force them to give you money when it was nobody’s fault but yours that you’re in a bind? Well, asking the government to get you out of trouble that you got yourself into is just like asking the police to put a gun to your neighbor’s head to take his money to pay off your mortgage…
Think about it!