Tricky

Fannie and Freddie Should Also Be Put to the (Stress) Test

You really didn't read the article, did you?

Fannie Mae's $19B 'Request'

The greatest shame is that Americans are so worn out by the sheer volume of these kinds of bailouts, and they've become numb to the funding of ratholes.

Foreclosure Moratoriums: It's Time to Get Real

> I don't fully understand the reasoning behind the objections here.
> Who is going to buy the house in foreclosure?

Someone who can afford it.

What of the family
> that lives there?
They should find something they can afford, not have ME subsidize their bad decisions when I deliberately turned down offers of bigger house/mortgate in order to force myself into something I can afford.

> These families had to live somewhere and most picked the option that best suited their financial and familial needs. It was hard to foresee
the mess that came.

No, they didn't HAVE to have that house, they PREFERRED that house to the other more affordable alternatives

> Does a mistake or a miscalculation or a decision made of necessity remove their right to a little help now to survive the storm so that we don't have to deal with the fallout later when the market turns around?

See above. People should live with their bad decisions, not force me to subsidize them and essentially penalize me for being responsible. I am LITERALLY going to be subsidizing profligate neighbors -- I will live in a lesser house AND help them pay for a better house... because I made good decisions and they made bad ones. That is NOT FAIR.