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Sunday, February 08, 2009

Fannie, Freddie to channel mortgage rescue: sources

If they're going to help some people, then they should help everybody. It's really not fair to tell people who lived within their means, bought smaller homes, didn't buy a home at all, or just as bad, crimped and saved and spent every penny they had on their mortgage in order to avoid default, that they made the wrong decision. I firmly believe we have to help people, if only to forestall a depression. But I don't like the idea of sending the message, to those who didn't overextend themselves, that, in essence, they made the wrong choice.

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