$75B For Foreclosure Prevention

So there you have it. The government of the United States of America is going to subsidize mortgages of people who are able to pay them, simply because the value of their home has dropped. Do you feel the drip of the heroin, slowly seeping into your veins? Another middle class entitlement, except this one only gets paid to some middle class people, not all. Supporters say it incentivized people not to walk away from their mortgages. Let them walk, I say. And let our society once again begin to embrace the concept of shame, something that has of late fallen disfavor. I hold out little hope.