Comments on: Obama to Detail Housing Bailout Plan on Wednesday

By: Steve

Steve — Wed, 18 Feb 2009 17:56:04 +0000

Its the moral ideals like Kelly why we are where we are. You want to take money and go on a vacation when the money is meant for those that are in need. And no this idea will not work. At most it will prolong the crisis that families are in. Kelly the most you might get is $8000. Will that keep you in your house? I doubt it. Oh yeah I forgot you can go to Hawaii and have a killer vacation and visit Hussein Obama’s stomping grounds.

By: Scottish castles

Scottish castles — Tue, 17 Feb 2009 16:56:01 +0000

People who have financial problems must have help. In other case it won't be proper economical system. Scottish castles’s last blog post: GLASGOW TO HOST 2009 COMMONWEALTH TABLE TENNIS FEDERATION CHAMPIONSHIPS

By: Susan

Susan — Tue, 17 Feb 2009 05:01:47 +0000

It definitely seems unfair that only the people who didn’t handle their finances appropriately get help. It looks to me like the only benefit that the bill payers will be getting is the possibly improved economy and financial security of the country like Dave stated which of course benefits all. There should be something for the bill payers though as it sends the wrong message.

By: Thomas

Thomas — Tue, 17 Feb 2009 01:54:45 +0000

I agree with Dave, it does seem a little unfair if only the people who are bad with their money get a handout. But then again you have to look at the bigger picture too, this is for the financial security of the whole world. If we can’t find ways to turn this mess around then things are going to get very dark.

By: Kellie

Kellie — Tue, 17 Feb 2009 01:11:35 +0000

Call me a pessimist but I think this plan is going to work just like the others. I plan on applying at AIG or Wells Fargo, at least if I lose my home, I could get a killer vacation out of this entire ordeal.

By: Joshua Dorkin

Joshua Dorkin — Tue, 17 Feb 2009 00:17:02 +0000

Great point. If the Foreclosure bailout does not come off as being fair to those people who are paying their bills, then Obama can kiss his re-election, mandate, and popularity goodbye.

By: Dave Francis

Dave Francis — Mon, 16 Feb 2009 22:43:57 +0000

The ideas mentioned actually sound reasonable. The big question that he is going to need to answer is whether people who aren’t in trouble will also see some benefit. You can’t bail out a few million without giving the other hundred million the opportunity to get some savings too. Otherwise, he’ll see a revolt.