"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Wednesday, January 27, 2010

NYTIMES HELPING PEOPLE WALK AWAY FROM MORTGAGES

NYTIMES:
figuring out whether to stay or walk requires calculations too complicated and time consuming for the average homeowner to perform. (View the paper to see the calculations.) For those who don’t want to do the calculations themselves, the online “Does It Make Financial Sense To Walk Away & Rent?” calculator at YouWalkAway.com can help.
AWFUL.

FOR DECADES LIBS LIKE THOSE AT THE NYTIMES PRESSURED POLITICIANS TO FORCE THE BANKS TO MAKE BAD LOANS (THE CRA).

NOW THEY ARE FACILITATING THE DEMISE OF THOSE LOANS.

UNBELIEVABLE.

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