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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (364618)	12/28/2007 5:14:55 AM
From: Elroy	Read Replies (3) \| Respond to of 1576329

He didn't understand the mechanics behind the resetting but figured his rate would not go up by much more more that a percent or percent and half. What's he doing signing up for a multi-hundred thousand dollar loan that he doesn't understand? That's pretty dopey. However, you can't fault him for wanting to share in the American dream......he just didn't realize how much everything was stacked against him. In your story there was nothing stacked against him. Sounds like he had the same opportunities as others in his situation, opportunities which 90% of the world population does not have. Meanwhile he's in foreclosure.....all their savings are gone. Do we let them become homeless? Sounds like the decisions he made produced his homelessness, if it comes to that. He's responsible for his decisions. The people that did not get married, did not have two children and did not take out a mortgage on a house that they can't afford shouldn't pay for his poor decision making. That would be penalizing the prudent to reward the foolish. If you want to send money to people around the planet that are homeless or about to become so, soon you'll be homeless. The numbers are huge.