This article in the Hill caught my attention because once again, it looks like banks will be the only people benefiting from taxpayer funded bailouts.
The article states the following:
“Banks will get the biggest benefit from an Obama administration housing program designed to help unemployed homeowners escape foreclosure.
Housing experts expressed concern that banks, not homeowners, will be helped by the White House’s $3 billion funding infusion”….
Full article link here: Why Spend your money to bail out rich bankers?
So, after reading this, what else are consumers who are overloaded with debt supposed to do?
Why should they have to pay back their debts, while the banks get away with NOT having to pay back theirs?
I think the only solution for “everyone else” is to declare bankruptcy and to do it with no sense of guilt or moral compunction about it’s viability.
By clicking on this link you can start the process of declaring bankruptcy and freeing yourself from any financial burdens (The banks are doing it with your tax money so you need to do it for yourself!)


