She bought well above her means and the house has dropped in value to $675,000. Now she wants to be bailed out because she can’t make the payments:

JIM ACOSTA, CNN CORRESPONDENT (voice-over): School bus driver and mother of two, Minta Garcia got the letter every homeowner dreads, your mortgage is in jeopardy of going into foreclosure.
MINTA GARCIA, DISTRESSED HOMEOWNER: We’re going to be losing the house. We’re going to lose everything.
ACOSTA (on camera): You think you’re going to lose everything?
GARCIA: Yes.
ACOSTA (voice-over): Her message to the president…
GARCIA: Stop with the foreclosure.
ACOSTA (on camera): Stop the foreclosures?
GARCIA: Yes. Right now, because if people are losing houses, losing jobs, what are we going to do? …
ACOSTA: Like countless other Americans, Garcia admits she and her husband bought more house than they could afford, but she says the lender made the purchase all too easy. Now her mortgage is worth more than her house.
(on camera): How much was the house when you bought it?
GARCIA: Eight hundred.
ACOSTA: Eight hundred thousand dollars?. And how much is the house worth?
GARCIA: Right now, it’s like $675,000 on the market.

Why in the world should the American taxpayers bail this woman out? She couldn’t afford the house she bought and is now looking for the rest of us to pay for her risk. Why should we, Obamanites?

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