tag:blogger.com,1999:blog-10010207.post-25042654903082738112008-03-17T19:34:00.000-05:002008-03-17T19:34:00.000-05:002008-03-17T19:34:00.000-05:00"90-95% are NOT being bailed out and you know why?"<BR/><BR/>You don't think that your 401k holdings and your home value are not at further risk if the government does nothing?<BR/><BR/>Mortgage forclosures are a small part of the subprime market which is a small part of the total mortgage market. This situation has been blown all out of proportion by uncertainty and fear.<BR/><BR/>I suggest that Groveton is right. There are people out there who have been reasonable and prudent. Maybe they only have five years of equity instead of 25. They could get economically killed by this, just because some fat head says "Hey, I didn't cause the boat to leak, so I'm not manning the pumps."<BR/><BR/>(fat head not directed at you personally)<BR/><BR/><BR/>"Now the folks in life that are TRULY vulnerable and truly unable to fend for themselves - we do take care of..."<BR/><BR/>Where is the department of truth that decides who is TRULY vulnerable? I've known fine upstanding people who were wiped out in a matter of weeks, through no fault of their own. Nobody helped them out: not the police, not the courts, not their insurance company. Sure, neighbors did what they could........Anonymousnoreply@blogger.com