Can't pay the mortgage? Then leave!


	Can't pay the mortgage? Then leave!

jasonkelly

10-5-2009 8:46 PM

84 views

tags:

economy, society

jasonkelly says:

This was written in August 2007, but is timeless wisdom.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/807ddee3-f773-4308-b841-604147d7021a/56215BB4-6E56-4609-BFF3-BBE26F365638/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.smartmoney.com/investing/stocks/government-shouldnt-bail-out-failing-homeowners-21666/" href="http://www.smartmoney.com/investing/stocks/government-shouldnt-bail-out-failing-homeowners-21666/" style="font-size: 11px;">www.smartmoney.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smartmoney.com/investing/stocks/government-shouldnt-bail-out-failing-homeowners-21666/">Those individuals who made financial commitments they can no longer afford to honor have no right to demand taxpayers bail them out. In America, we have the right to "life, liberty and the pursuit of happiness," but not the guarantee we can live in the four-bedroom Colonial that's priced way beyond our means. It might sound cold, but homeowners who can't pay their mortgages should not expect to be able to keep their homes.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/56215BB4-6E56-4609-BFF3-BBE26F365638/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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