I just don't like the idea of giving these douchebags who bought houses beyond their means money so that they keep the house they never deserved in the first place. I'm fine if they chose a plan to restructure the loans to 45 years or 60 years and waive as many closing costs as feasible for the refinance to make the mortgage more affordable. That makes a lot of sense to me. But handing out money to people who pay their mortgage on time is a fuc<ing joke unless you want to pay that money out to everyone paying their mortgage on time. At least cap this at a house valued at $100,000. That I could even deal with. The idea that I bought a house a couple years back for $160,000 cause that was all that was within my means and now will have to subsidize people who bought $250,000 houses at the same time that probably couldn't have realistically afforded my house just makes me sick. I'm as liberal as it gets but there is a HUGE difference between people not having opportunities and people making poor decisions. I'm all about helping the first group and saying fuc< you to the second.
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