The Obama administration wants to help more struggling Americans stay in their homes by reducing the amount they owe on their troubled mortgages, a top Treasury official said Saturday.
I have no problem with homeowners getting government loans to pay down the principle on home property loans where the financing company is demanding additional payments and the company did not receive government assistance. But the homeowner must still pay these loans in full and can Not default or file bankrupcy for 7 years. And it's still better than those who owe the IRS so called back taxes, interest and penelties up the BLEAP.
Tell your congress person you want all spending bills to be 100% payed for.
Then tell them NO MORE DEBT OR THEFT.