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URL:  http://boards.fool.com/the-real-bail-out-should-be-for-homeowners-who-26101775.aspx

Subject:  Re: I'm laughing, sort of Date:  11/15/2007  10:04 AM
Author:  markr33 Number:  22097 of 35877

The real bail out should be for homeowners who got conned into loans they couldn't pay, and the lenders should be forced to refinance in ways that are payable.

But I wonder how well this would work in practice. Who would truly be helped and who would truly be hurt? Let's look at some examples.

In my case, I purchased my home for $250,000, put ex