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Is the700 billion dollar bailout really needed?
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[QUOTE]Originally posted by glassman: [QB] this is a crime... and these people should be BKRPT: [b]And yet, the deal will not help Dolly Hanna, 51, and her husband, who bought five homes in the San Francisco area over the past 20 years, and were enjoying life during the housing boom by renting them out. But her husband's overtime at his mechanic's job was cut, and the Hannas now find themselves overextended at a loss of $15,000 per month and trying two sell two of the homes. With four children, Hanna had been a stay-at-home mom, but Monday she started a job in real estate. They are seeking a renter for two upstairs bedrooms in their primary residence for $1,200. Getting a loan during the boom was easy, Hanna knows. Too easy. "All you had to was massage the information enough to fit it into their round hole, and they gave us a mortgage," Hanna said.[/b] http://ap.google.com/article/ALeqM5h4j_nTWGqFRwX4TkhkBe0tmSKQNgD93CIGFG0 they lied and they admit it... how on earth did they think they were going to make this work... and why are they suddenly losing money? this is just stupid. [/QB][/QUOTE]
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