Housing market

Ok, here is one of those opinionated posts that may make a few mad, but you were warned that I am very opinionated.

I'm reading the news and run across the article about how the rate of foreclosures has increased yata yata yata, I'm sure you've all read the same. Now there are some government officials who want to take tax dollars and throw it at this situation to "make it better". Here comes my problem with this. There are legitimate home buyers who have had extenuating circumstances that need help and I do not fault them for that. However, during all this "housing boom" there are many, and I feel the majority of those in trouble now fall into this category, that simply are trying to live beyond their means and I don't feel our tax dollars should help them. If someone went out and bought a home as a statement of what they have and did not consider a safe debt to credit ratio when doing so, I don't feel sorry for them. I do not feel that our tax dollars should bail them out. There is a lot of ramped needless spending here!

Come on people if you aren't smart enough to read the papers of do the math it's not our responsibility to bail you out! Be responsible for yourself. We won't go into the subject of responsibility because I could go on for hours about how no one wants to take blame for their own actions, but that is better left to another day.

I am just dumbfonded by it all......................