The banks want their interest, be it mortgage payments or the structure itself.

Back in 2008 when the financial collapse started to get a strong hold, it was brought up by several elected Rep that all mortgages interest rates should be lowered/reset to 3% to 4% to all current mortgage holders.

Their reasoning was, doing this will give the homeowner about $400.00 a month to invest in the economy. So someone paying $1600 and month would now be paying $1200 a month under their current mortgage.

But the Demo's didn't like that idea, they rather give banks billions as say a big F-U to homeowners. As we see the current admin only cares about big banks and not the taxpayers.

So one could look at as having $400.00 more a month to spent would stimulate the economy, it is a win, win for everyone. People would have purchased large ticket items, TV's, Wash/dry units, automobiles, pay down CC debt.

The banks would have benefited because the more people paying mortgage, the more monies the banks would have made. But fuck no, the banks wanted the money now, and of course our government said a big F-U to homeowners, taxpayers, grandparents, families everyone except banks, auto manufacturers and every fucking country that cries "I'm broke".

Here's a billion here, how about 2 billion, 5 maybe 10 billion, but don't worry about paying it back, the American public does not need to know, wink, wink.

How much easier would it be for any level of government to increase taxes when homeowners have a guaranteed $400.00 more a month to spend. For all of these highly educated financial wizards that work for the government why can't they open their eyes and see that this would work.

That's right, the banks only concern is how much of a bonus one will receive thanks to the taxpayers.