Quote:
Originally Posted by AlienQ
Again dude the bail out makes it harder on the average Joe.
The Average Joe will in eventuality without government intervention have an opportunity to make his mortgage payment on more reasonable terms with better Financial companies willing and able to work it's way into the market palce.
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that's assuming your average Joe still has a job to even pay 500$ a month for the new rate.
I own a small business and already notice that some customers have trouble coming up with money to pay their monthly bills. If this problem grows I will have to fire people.
That's how this could get really really ugly