jdemaris said: (quoted from post at 13:08:57 09/23/08)In regard to all this bail-out nonsense because of "homeowners with bad mortgages?" That's an oxy-moron. "Homeowners" don't have mortgages. Those with mortgages do NOT own their homes - somebody else does.
So, if you have a loan out on your car, you don't own it either?
I'm really upset by this, why do I have to carry insurance on and maintain something that someone else owns?!?!? LOL
This mess is a result of people who could NOT AFFORD a darn house to begin with by getting a slick loan that converts to a payment they can NOT AFFORD.
Shame on me for getting a normal, 30-year fixed loan with a payment I can afford. No one will bail me out, now. Should have went for that 1/2 million dollar mansion on the river, I guess...
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