Today’s news:

People should learn responsibility when they deal with mortgages

More political, vote-getting nonsense.

The political intelligentsia wants lending institutions to change their lending practices because some people cannot pay their mortgages. Did anyone ever ask these solons why these people borrowed money they could not repay in the first place? Of course, there are plenty of elected officials who believe government or the next guy should pick up the tab without any regard to the people who pay their mortgages or who live in apartment houses and whose taxes are used to help New Yorkers get the help they need.

I wonder how many elected officials who lent money to someone would feel if the debt was not repaid to them. Maybe if our representatives cut their salaries they could use the money for those living in $300,000 houses.

Kenneth Lloyd Brown

Forest Hills

Pin It
Print this story Permalink

Reader Feedback

Enter your comment below

By submitting this comment, you agree to the following terms:

You agree that you, and not or its affiliates, are fully responsible for the content that you post. You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening or sexually-oriented material or any material that may violate applicable law; doing so may lead to the removal of your post and to your being permanently banned from posting to the site. You grant to the royalty-free, irrevocable, perpetual and fully sublicensable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display such content in whole or in part world-wide and to incorporate it in other works in any form, media or technology now known or later developed.

CNG: Community Newspaper Group