by Ludovico Cudia

Created on: February 26, 2009

Of Course the government should bail out the struggling home owners. It's as simple as looking at it this way. The more home owners that end up in a foreclosure and actually losing there homes the worse the situation is going to get. The bad situation that this great country is in is because of greed on the part of dishonest and misguided employees of the big banks. Remember folks that Wall Street started to buy up all the mortgages to sell them in bulk to share holders. Once the easy money started to roll in Wall Street began pushing banks to be more lenient on borrowers. This in turn made the lender more money and eventually these people started to embellish on passing a loan at any cost. As the old saying goes "if you lead a horse to water". Think about it. It is the greed of Wall Street and the banks that put America into this mess and what does congress do? It rewards them by giving them the biggest bailout in history. With what seems to be the ability to do what ever they want with it, so far.

If the banks and the big three can get bailed out why not the people? After all, aren't the people who make it all work in the first place, what it's all about? Without the people who are being left out on the streets with there families, who will buy the vehicles and homes that will turn this recession around? Do these big wigs that get payed millions of dollars to sit around and run companies into the ground think that people that are starving are going to buy a new home or vehicle? The big wigs do not even understand what it's all about because they live literally on another planet. At least to the little guy they might as well be living on another planet. A regular blue-collar working stiff could not even begin to imagine what it would be like to live in a fraction of the world that most of these big wigs scrape off the top. So how can it be that the banks and the car manufactures can still be taking the stance that they need to continue down the same path. Even after all the recent bailouts the banks and car manufactures are already asking for more money. Were talking about BILLIONS people, billions of dollars and already they're asking for another hand out. After putting us in this mess to start with guess who has to pay for there bailout, you, us people us. It is ludicrous to make people who are being put out on the streets pay for a bailout of the very people that put them there.

What should happen is the government should give billions of dollars to bailout the people who got shafted by the banks PERIOD. Why should good hard working Americans lose there home, there American dream because some greedy, unscrupulous lender promised them the world and instead brought them to the brink of disaster and made them homeless. This is not the hard working Americans fault people. This is the fault of Wall Street and the banks. There is no two ways around it.

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