Walk away from your Mortgage

Image by tristam sparks via Flickr

Instead of Bush and co. giving the bankers $700BILLION, they COULD have Given EVERY homeowner (mortgage or not) about $9400 !

Then instead of the crappy stimulus Obama and the dems came up with, they could have used that $787 BILLION to do the same thing.....
at $10,500 EACH!

You have to wonder how many homeowners would be underwater if they had put $20,000 on their principals.

or how much the economy would be "stimulated" with that $20K being spent, for those that had no mortgages.


Anyone have a university computer that runs economic simulations?

I would enjoy seeing the outcome.