Is it fair to force people who have faithfully paid their mortgages to bail out those who haven't?

by Jane Melonas

Created on: July 02, 2009

The perspective on this topic has been off kilter since the beginning.

First off, the whole idea that we are in a mortgage crisis is not because people have been lazy in paying their mortgage or just decided one day to stop, but due to long line of unscrupulous business practices and falling personal ethics.

We have opted out of righteousness and into instant gratification. The reality is most Americans have a mentality of survival of fittest and whatever it takes, to obtain what we want. And now when it has finally hit a truce we are questioning? Why?

To be blunt, we have all made an error in what could be determined as wrongful tactics.

The imbalance of our economy stems from a long line of unscrupulous business practices and lack of ethics in our personal society.

Statistics of our employed vs. unemployed should make us take a closer look at what is happening in our workforces around the globe. Ask yourself, is it because people are lazy or is it because they are losing jobs they once felt a personal sense of loyalty too?

I have asked this question from the very beginning.

Another point to ponder is, if the individuals that are suffering from the mortgage crisis were so irresponsible, would they have been able to pay a mortgage at all? The fact that anyone pays a mortgage payment for more than a year generally means they can pay it.

We can all fall short and lose our job. We are all dependent on the job we hold to maintain our mortgage.

Are we all A students?

Our solutions to any crisis is not in blaming but in finding a solution or correcting errors we may have made.

If we look at the situation closely, we can determine that no one wants to lose a home for their family or themselves. So why would we assume that they failed to meet this obligation strictly because they were handed a mortgage under unscrupulous practices knowing full and well that they would some day have to lose that home? What sense does that make?

Facts indicate that our falling economy has caused loss of jobs. Those loss of jobs are a direct result of our falling mortgage crisis.

Placing blame is a waste of our time.

Therefore I do not think that the subject matter is really about non failing individuals bailing out the failing individuals who are falling short on their mortgage payments but about looking at the big picture as a whole and finding a solution.

One viable solution to the Bail Out would be to put more effort into the corporations that have to lay off the individuals and keep our citizens employed.

If we opt to blind ourselves to the reality of scrupulous behavior, there will be a price to pay.

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