Originally Posted by TheDoc

Oh, so you don't actually know how it works... these people didn't get a bailout. They have to pay the house off, just like everyone else. What they got was an adjustment in the mortgage, which increases back to normal rates after several years.

Btw, people did have savings and not every blew money - which is why a rush of people didn't do it, they "tried" to make it for several months ie: people had savings. Lots of people lost jobs, even after they have been in the house for 10 years and never having one problem, they couldn't make it. 99% of the normal working people, aren't rich and can't simply pay for everything at the drop of a dime, even with savings.

The only people that got a bailout, are people that got fucked over by banks, lending companies, sold off contracts that failed, etc... you know the big scam that took place.