Reply #5: What you said is important. What about those who didn't know they could stay in their homes? [View All]

[KoKo]

Why is this news just filtering out? It's one thing for folks with "high credit rating" to default because they know they can do it and another thing for those "on the edge" with huge credit card dept who were swindled to go "against the system." Most of the "poor folks who thought they had a chance and are "maxed out on their credit card" maybe never fought back. In the end...it's the "rich who know how to work the system" who will default...because they are smart enough to know to do it...and they get off "FREE!" They got the bailout after the bailout!

Is this not a CRAP GOVERNMENT CORRUPTION SCHEME? It's sickening.