THE NOTION OF BAILING OUT THE WALL STREET ELITES IS HARDLY EVER CRITICIZED ON TOUT TV...
BUT THE IDEA OF "YOUR NEIGHBOR" BEING ASSISTED IN BANKRUPTCY WITH HIS MORTGAGE IS CONSIDERED AN OUTRAGE...
NEVERMIND THAT BANKRUPTCY HAS BEEN AVAILABLE FOR YEARS TO YOU OR YOUR NEIGHBOR AS A MATTER OF LAW...
AND THAT BANKRUPTCY IS "UNFAIR" TO THOSE WHO DON'T GO BANKRUPT AND HAVE TO PAY THEIR BILLS WHILE THE BANKRUPT IS FREED OF HIS OBLIGATIONS...
I SERIOUSLY DOUBT THAT WE WILL SEE SOLVENT PEOPLE LINING UP TO "TAKE ADVANTAGE OF BANKRUPTCY" WHERE THEY DON'T NEED IT...
BECAUSE THE STIGMA OF A BANKRUPTCY ON CREDIT RATINGS IS WELL KNOWN...
SO THIS SANTELLI-CNBC HYPOCRISY ABOUT THE HOME BAILOUT IS AMAZING...SINCE THEY SUPPORTED THE BAILOUT OF THE INVESTMENT BANKS AND OTHERS "TO SAVE THE SYSTEM"....!
APPARENTLY THE AMERICAN PEOPLE ARE NOT PART OF "THE SYSTEM"....AND SHOULD NOT BE ALLOWED TO BENEFIT FROM IT...
