: About Me

What is the name for the Club or Class of US citizens allowed in on this game? Where do we draw the line at preferential treatment? We can never allow principle right downs on mortgages. It is neither legal nor fair in an free market. There is a whole segment of the population still waiting for home prices to come down before buying and counting on market forces to define prices. Take the example of the $250k mortgage written down to market value of $150k. What if I was the one who wanted to buy that home and was outbid buy the guy who ended up with it and now is going to have his principl...