[sirkjeff]

yeah , funny how When congress re-wrote the bankruptcy laws. they made it so the judges cannot write down the principle too. Hmmm, like they didn't see this one coming. And don''t play the dem or repl. blame. they both agreed to it. just like the bailout. Both sides agreed. I am sorry to hear your problem. WE are all in the same boat. Maybe I'M not a financially genius. But if the government can give them billions with no promise of repay or any interest to be paid etc. why can't banks do the same for the borrowers. I don't want principle reduction. Just a fix mortgage that is at a reasonable interest rate.

I hate to be this way. But if everyone quite paying. what would they do then? hmmm go to the government to get bailed out. Wish I had that option. Where is the logic. Bush said we need to do this to make sure banks will have money to loan back to us? Im like dah, Does anyone understand this, They are using our taxs dollars, or should i say our children's tax dollars to loan back to us???? Not only are we going to pay interest on the bailout money, through inflation or to some china who holds our debt. but we have to pay interest to the banks and the same time to borrow our own money we gave them.???? Sorry call me stupid, ignorant or what ever. Im self employed and my sales drop by 50%. I wrote my useless senator , asking for a bailout. Well never heard back from the scum. But I did hear that they are getting there annual 5% cost of living increase.