When we bought our house five years ago, there were lenders that were trying to sell us adjustable rate mortgages and realtors that were trying to sell us the most house that we could get, but we bought a smaller house that we could afford and took a 30yr fixed loan. This loan is our responsibility and we chose not to GAMBLE with our most important investment asset. These greedy borrowers, lenders and investers GAMBLED with their money and now they want taxpayers to bail them out. This housing bill needs to be vetoed!
Thanks for this post. There are many hard working Americans like myself who think this bill is wrong. Senator DeMint is right and I hope that Bush will veto it.