Thread: Democrats Want to give 15 Billion to Banks that Forclose on Property?
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Old 05-08-2008, 02:24 PM   #3 (permalink)
Titanium Cat
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Quote:
Originally Posted by DRS112 View Post
Somebody set me straight on why this is a good idea....
I suppose if you were one of those banks who had made a bunch of foolish loans and were stuck with a pile of foreclosed properties worth less than the money paid out you'd think it was a good idea.

But other than that I really can't think of anything. The old "spruce up the neighborhood" excuse sounds typically disingenuous.
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