Bank of America Starts Mortgage Reduction Effort

Bank of America Starts Mortgage Reduction Effort - Yahoo! Finance

This is some BS right here. So basically, we are now rewarding the dumb more then ever. So basically, you are stupid enough to think that you could afford a $500,000 house on your $30,000 a year salary and because of that, the bank is going to give you an average of $150,000 back? WTF is going on in this world?

So let me get this straight. The bank messes up and gets bailed out by the governement. Then the dumb asses now get bailed out by the banks? WTF?

I am now officially convinced that hard work and being intelligent is useless in our society.

BoA is asking for trouble.

Your just figuring that out now?

ok, im thinking of buying a home, ive found several homes in a good neighborhood that range 33 to 55 thousand bucks. i make 21000 a year. whats my chances?

While I share a lot of your sentiments, I'm afraid this is over the line when it comes to the "no politics" discussion. So I'm closing this before a flamewar breaks out.

Sorry dude, but know that I feel the same way when it comes to giving people huge handouts to compensate for their own stupidity.

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