Quote Originally Posted by Stuart View Post
Can someone explain exactly how tax payers are picking up this burden? It's not that I'm not open to the idea of tax payers having to pick up costs for things, but I'm very skeptical. People tend to throw the idea of tax payers paying for all kinds of things around pretty loosely.

If you don't pay your car loan, your car gets repossessed and sold to someone else. I don't see where the taxpayer enters the equation here, or in this example of home owners not paying their mortgage.
That whole bank bail out thingie?? the Fannie Mae/ Freddy Mac bailouts?