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Posted: 9:08 a.m. Tuesday, Feb. 24, 2009
By Neal Boortz
CNN did a report on all of the poor people who went out and bought houses that were beyond their means .. and now they are expecting the taxpayers to bail them out. Here's the part of the CNN interview with a homeowner in foreclosure:
ACOSTA: Like countless other Americans, Garcia admits she and her husband bought more house than they could afford, but she says the lender made the purchase all too easy. Now her mortgage is worth more than her house.
(on camera): How much was the house when you bought it?
GARCIA: Eight hundred.
ACOSTA: Eight hundred thousand dollars?. And how much is the house worth?
GARCIA: Right now, it's like $675,000 on the market.
Yeah, it's all the lenders fault. This loon over-extended herself and now can't pay the tab .. and it is everyone's fault but hers. Blame someone else and then expect government to come to the rescue. This woman and her husband need to be renters. We have far too many people like Sra. Garcia and her husband with their names on deeds in this country.
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