Corepuncher
Well-known member
I totally agree my friend - that's why I was so outraged and came on so strong initially. It just burns me - that they can reduce the rate to 2% and not make a similar cut for the average person. It's not that I feel a lot for the ones who did not think things through to begin with. I honestly believe many need to learn from their mistakes and not expect the taxpayers and government to bail them out. But many more - who do think things through - and are trying to buy a house during a very difficult period - these are the ones who should be getting these super rate deals AS IT IS THE ONES WHO HAVE MONEY AND ARE PRODUCTIVE CITIZENS THAT WILL SPUR THE ECONOMY.
I guess you could say that the Government is actually giving out SUBPRIME LOANS (and the taxpayer will likely be on the hook).