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The banks need to crank the interest rate UP and let everyone who's going to go bankrupt or lose their home face the consequences of their past decisions.
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And those of us that were responsible with our finances and bought a house we can afford....why are we being punished? Why am I going to see a cut in civil services (which are paid by property taxes)? As pissed off as I am about the bail outs, I acknowledge that morons don't live a vacuum.