CNN iReport

I own my home. I had a 15 year fixed rate and I paid an extra $50 a month on principle. It knocked off 3 years of payments. I don't own a plazma TV and I drive a pretty modest car that I own out right. I'm a little miffed that some people that went out and bought more of a house than they could afford and going to be helped by my tax dollars. As a matter of fact my grandchildren will probably have to chip on this melt down. That being said I am for the program.

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I realize that if these forclousures don't stop  the value of my house will continue to tank as well as my 401K.

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The thing that will really jar my cookies, is if our government doesn't get agressive with the crooks and snakes that prey on people that don't really understand math. When I was a kid (a long time ago) there were predatory lending laws, just for this reason. Then some shysters went to Washington and convinced our politicians that they had magic beans, but regulations had tied thier hands. If you would only get rid of these regulations, these magic beans will grow a bean stock to heaven. I hope we have learned the lesson, I would hate to see my grandchildren have to go through this in 10 or 20 years.