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Does Obama actually want America to get back to work???
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<blockquote data-quote="klein" data-source="post: 707594" data-attributes="member: 23950"><p>It's actually nothing new. Look at credit card debt forgiveness and settlements. Been going on for years.</p><p> </p><p>But, yes. You can foreclose those homes. Let them rott. Let the banks lose all thier money. Let the housing market be saturated with too many homes... Let it lead to a larger collapse of the housing market. Put more people in shelters, streets, welfare homes, whereever...</p><p>And see if thats a better solution.</p><p> </p><p>Hard call to make.</p><p>Either way. Extra costs involved, and probably even bigger bank losses.</p></blockquote><p></p>
[QUOTE="klein, post: 707594, member: 23950"] It's actually nothing new. Look at credit card debt forgiveness and settlements. Been going on for years. But, yes. You can foreclose those homes. Let them rott. Let the banks lose all thier money. Let the housing market be saturated with too many homes... Let it lead to a larger collapse of the housing market. Put more people in shelters, streets, welfare homes, whereever... And see if thats a better solution. Hard call to make. Either way. Extra costs involved, and probably even bigger bank losses. [/QUOTE]
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Does Obama actually want America to get back to work???
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