What is Up With That?

I read two articles that totally tell us what is important to banks:

The scandal of 528 Million Bucks going to a Solar Power company now in bankruptcy whereby the initial loan should never have been made to a company so on the brink of disaster. They say its us taxpayers who will be left holding the proverbial bag:

http://my.yahoo.com/;_ylt=AnW.PTKtwO9jOWTBfJlV7zWxulI6

and then, the story of a 101 year old lady being put out of her home in foreclosure, along with her 65 year old son, all for the want of a few housing payments and back taxes.

http://my.yahoo.com/;_ylt=AnW.PTKtwO9jOWTBfJlV7zWxulI6

Officials are now trying to help this poor family, I mean this is bad press. They claim the moral of the story is not to stick your foreclosed head in the sand. After all, the son had warnings, and notices of pending doom.

Please. The guy is keeping his sweet little mother out of a nursing home, living in a the same place she lived in for nearly 6 decades. If that isn't providing neighbor hood stability, what is? They should have their home just honorarily given to them, like a diploma is awarded by reason of pure merit.

Instead, the feds are bailing out banks, loaning out to mismanaged companies, loosing millions of dollars every day to god knows where. And this little old lady has her stuff put on the street, out of her own home. I don't get it.

When the home payments didn't appear on time, an interventionist, financial expert for little old ladies, should have appeared. The holder of this mortgage could have said, oh my goodness, we need to look into this situation.

I don't get it. Priorities, I guess.

As a taxpayer, if I'm going to be holding any bags, I prefer it to be for real people.