Wait, $1000 a year for meeting obligations?
The hell? I'm against bailouts in general. I get where the government is going with all this and think it's a horrible, horrible idea but whatever. There's nothing I can do so I just have to let it go for now. Still the latest housing bailout proposal is the most ridiculous thing ever.Helping people refinance who are underwater and/or unemployed is one thing, but actually paying them at the end of the year if they manage to make these new payments is utterly nonsensical. I make my payments and have always made my payments. My income has been severely impacted and still I make these payments. Where the hell is my check for being responsible and meeting my obligations? If after helping someone out, it is still necessary to bribe them into continuing to make payments, clearly they are not the type of people who should be provided with additional assistance.