Gee, I guess we can call this "supporting our troops" ... with financial advice.
But wouldn't it be more supportive to give our troops assistance in meeting their mortgage payments? After all, we bailed out the bankers -- who risk nothing except a papercut at work -- holding their mortgages with more than $9 trillion.
Instead of lecturing our troops about the "ethical" and financial hazards of walking away from their underwater mortgages -- not to mention threatening to revoke their security clearance for unpaid debts! -- why can't Uncle Sam find some cash under Wall Street's couch cushions to help our men & women in uniform?
What indeed our are troops fighting for? Not for a rigged financial system like this, I hope.
Consumer Watch: Walking away from your mortgage
By Karen Jowers
December 6, 2010 Army Times
URL: http://www.armytimes.com/money/financial_advice/offduty-walking-away-from-your-mortgage-120610w/?source=patrick.net
No comments:
Post a Comment