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It's a gee-dee shame!

Suppose a family got a 250K mortgage. Now the property is worth 150K. The bank will foreclose and sell it for 50 or60K. WHY doesn't the bank renegotiate with the family for 100K and MAKE money by 'doubling it'???? It is because an INVESTOR can buy it and resell it for profit. Because the powers that be decided that the people who drove this banking crisis into existence shall be rewarded by being GIVEN more money to squander (as soon as they figure out a way to do it!!!!!!!!) >It really is satire in disguise>
And we CAN blame the homeowners who got in way over their heads. Tell me why they should be punished while these bankers get off free??
Instead take away the family's equity. Then give the equity to the taxpayers. The homeowners lose for being wrong except they STAY home!! Taxpayers gain.
The banks will have money coming in WON'T THEY??
I will tell you why this won't be allowed. It is because those who have the money will keep the money. And having the money means having the control. And controlling the money means that they don't "have to" work because their money will do their work for them.
Realize this: $700,000,000,000.00 is the same as $70,000.00 times ten million. What would ten million blocks of $70K do for those struggling to make it in this confusioin?
So to simplify this mess. People borrowed beyond their means to pay it back. WHY not make it posssible for them to afford it. When it comes to houses.
This goverment proposed solution doesn't sound like it will help the construction industry at all. If you consider that houses will continue to be evacuated by bank foreclosure and then being sold far below market value. THOSE people will need places to live. Ah but not without the (investors) profitting who created this mess in the first place.
All this sounds like is the rich getting richer and richer by the oodles and oodles.