forclosures up 97%

[spence]

It might provide a teeny bit of help, but there's a lot of feel good in there as well.

I do agree that the problem is big enough that the Government needs to take some action, although I'm not smart enough on the subject to say exactly what that action shoud be.

I just home the aid goes to those who really need it. There was a lot of mortgage fraud in the past 6 years, and a lot of people borrowing in a very irresponsible manner who should have to own their own problems.

-spence

[BigFish]

From what I saw on 60 minutes the other night it seems the "lenders" are more at fault than the borrowers! They were giving loans away and not checking financials......just making the deal, making the money and letting the chips fall where they may! Well fall they are!