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We seem to be in a financial crisis in the banking sector.?


If you look at all the major financial institutions you see financial hardship coming. Do you think the government should bail them out and create a mega fund that will help prevent them subprime loans to get into default? I am talking about a 1.5 trillion dollar fund, that is paid for by increasing taxes on all homeowners in the United States, the fund could not touched by congress of the executive branch. The fund is monitored by the Federal Reserve. What is your guys opinion?

What you are seeing is a "reality check", rather than a "crisis".

In no other place in the world can you finance a house, or property, for MORE than it's "real" value.

Taxing home owners just penalize those who buy what they can afford and reward those that don't.

Any "hardship", real, or imagined, is the result of poor lending/borrowing practices, nothing more, nothing less.

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