The Motley Fool Discussion Boards
Personal Finances / Buying or Selling a Home
|Subject: Re: Freddie Mac Bets AGAINST American Homeowners||Date: 2/6/2013 12:45 AM|
|Author: Dwdonhoff||Number: 124679 of 125350|
HARP is/was a way to stimulate the economy that doesn't cost the taxpayer anything if implemented properly.
Does the taxpayer suffer when savings yields are artificially depressed?
Does the taxpayer suffer when incapable borrowers are propped up & extended before their collapse?
Does the taxpaying home buyer suffer when the markets are artificially propped up at higher levels than actual fundamentals support?
Somebody always pays...
When its artificial market manipulations, its usually the taxpayer/citizen, in the end.
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