How Do You Reward Financial Irresponsibility?

With more money, of course!

Momentum for federal assistance to struggling homeowners, a non-starter with the Republican administration and many members of Congress only a few months ago, has picked up steam in Washington.

Wow, I wish I had signed up for an adjustable rate, interest-only jumbo loan with a balloon payment, with lots of fine print I didn’t bother to read, so that I could get the government to help pay for it! Suh-weet!

Instead, dumb me, getting that 30-year fixed mortgage that requires me to write a $1400 check every month, with no help from Uncle Sam.

Personal responsibility is so overrated.

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