Sushi Money 寿司的钱

President Bush held a press conference discussing mortgage problems in the nation, and outlined a few initiatives he would like to see to help homeowners who are struggling to keep up with mortgage payments.  Realistically, few things will change right away, but the President’s focus does help bring attention to the problems and put it where it belongs- in the lap of Congress.  The legislative branch needs to get to work and overhaul various aspects of the lending laws, as well as modernizing the Federal Housing Administration.美国总统布什举行了记者招待会，讨论按揭问题，在全国，并概述了一些行动 ，他想看到，以帮助业主谁是挣扎配合按揭付款。现实，几件事会改变的权利，远离，但总统的重点是否有助于实现注意的几个问题把它那里它属于-在腰部的国会。立法部门的需要，去工作和大修的各个方面，贷款的法律，以及现代化的联邦住房管理。

“It’s not the government’s job to bail out speculators or those who made the decision to buy a home they knew they could never afford,” Bush said in the Rose Garden. “这不是政府的工作保释出来炒家或那些是谁决定买回家，他们知道他们永远无法负担， ”布什说，在白宫玫瑰花园。 “Yet there are many American homeowners who could get through this difficult time with a little flexibility from their lenders or a little help from their government.” “然而，有很多美国的业主谁可以度过这段艰苦的时期，一个小的灵活性，从他们的放款人或一没有多大帮助，从他们的政府” 。

Will lenders work with homeowners more now?  Maybe…  The President also cited the tax code as being a burden when a homeowner may receive “forgiveness” of a portion of their debt or mortgage balance.  The tax code does treat debt “forgiveness” as income, and it would be fully taxed in the same year.  Although I applaud possible changes to the tax code in certain situations, I have two concerns or doubts about this as being effective:将贷款人的工作与业主更多的现在呢？也许…主席还列举了税法作为一种负担时，屋主可能会收到“宽恕”的一部分，它们的债务或抵押贷款的平衡。税法是否对待债务的“宽恕”作为收入，而且将得到充分征税，在同一年，虽然我鼓掌，可能发生的变化，以税法在某些情况下， 我有两个顾虑或疑问，这是有效的：

1.  Why should an individual or family that is struggling to pay their mortgage receive any greater tax benefit than a similar individual or family that is paying their mortgage on time?  In other words, if two individuals or families (in a similar tax bracket) are paying for a similar mortgage amount, what happens when one family chooses to run up their debt and credit cards, buy new cars,  take out an adjustable rate mortgage on a house they can’t afford… and when they struggle to keep up with house payments their lender helps them out, forgives part of their loan, and Uncle Sam gives them a tax-free (or reduced tax) gift?  Now let’s say the other family made more prudent decisions, were careful with their debt and credit cards, managed their expenses carefully, didn’t take out an ARM (or if they did are paying it on time), and because of their wonderful financial management discipline… do they get a tax break?  Nope.   Does that seem fair?  Nope.  Nobody ever said the tax code was fair however.   But tell me, how is this an incentive to to foster financial discipline and positive money management for homeowners?  It’s not… it’s just a political hot-potato that will receive some level of attention. 1 。为什么要1个人或家庭的挣扎，这是要付出他们的按揭收到任何更大的税务优惠，超过了类似的个人或家庭的是支付他们的按揭贷款的时间呢？换句话说，如果二个人或家庭（在一个类似的税级）正在为类似的按揭贷款总额，发生什么事时，一个家庭选择运行自己的债务和信用卡，购买新汽车，拿出一个可调利率抵押贷款的一所房屋，他们不能负担…当他们的斗争，配合府支付他们的贷款，帮助他们，宽恕他们的部分贷款，山姆大叔让他们有一个免税（或减少税）的礼物？现在让的说，其他家庭作出更审慎的决定，小心与它们的债务和信贷卡，管理他们的支出审慎，并没有拿出一个ARM （或如果他们没有支付，这对时间） ，因为他们精彩的财务管理纪律…他们得到税打破？不会。似乎不公平呢？ nope 。没有人说，税法是公平不过，但请你告诉我，如何这是一个诱因，以促进财政纪律和积极的资金管理，为业主？这不是… …它只是一个政治热山芋会收到一些水平的注意。

But honestly- in good faith, I’m glad our government is focusing on ways to help people who really need help .但老实说，在诚意， 我很高兴我们的政府是着眼于如何帮助人们谁真正需要帮助的 。 Many times we don’t know the reasons an individual or family is struggling… it could be for some totally different reason like a death in the family, etc.   That is important, and we can do more.  Some homeowner or tax advocates might say it could be treated like capital losses or gains.  We’ll see…很多时候，我们不知道的原因，一个个人或家庭的挣扎… …它可以为一些完全不同的原因，像一个死亡的家庭，等这是很重要的，我们可以做更多的工作。一些屋主或税务主张可能会说它可以被当作资本的损失或收益。我们将见… …

2.  More realistically perhaps, how many lenders are really going to “forgive” $20,000 of mortgage debt someone owes?!  I don’t really know how often this has happened… maybe they do.  More often I believe lenders will establish a “workout agreement” of some type where the homeowner’s payment is reduced or modified for certain time period, or the loan is re-negotiated or refinanced.  I really don’t think many lenders will be “forgiving” debt outright.  I could be wrong, but I suspect most will become creative in the way they can keep people on the hook for the debt they do owe.  And morally or ethically perhaps, if we owe a debt, then we should repay it.  If we cannot because of life-changing circumstances, then bankruptcy is another option to help someone start over. 2 。更实际，或许，有多少贷款人真的要“原谅”二点零零零万美元的抵押贷款债务拖欠有人吗！我真的不知道如何，往往这种情况已经…也许他们这样做。更经常地，我相信放款人将建立一个“作业协议“的某种类型的地方屋主的福利金不会被减少或修改某些时期内，或贷款是重新谈判或转，我真的不认为许多贷款将是”宽恕“债务买断卖断，我可能是错误的，但我怀疑大部分将成为具有创造性的方式，他们可以使人们对钩为债务，他们有责任和道义上或道义上，或许，如果我们欠的债务，那么，我们应该回馈它，如果我们不能因为生活-不断变化的情况，那么，破产是另一种选择，以帮助有人开始。

All in all I’m glad that housing and mortgage woes are getting national attention.  In so many ways it speaks to the confidence and psychology that we all share for how the economy, and the country, are doing.  Our economy is chugging along pretty well considering housing and a few other areas, but if the mortgage woes continue… guess what?  Consumer spending will dive and so will the rest of the economy.  I don’t know… what do you think?  I’m guessing housing still has 2-3 years before it recovers.  If the banks and finanical institutions can get the lending and money-flow thing figured out, we should be fine.所有在所有我非常高兴地看到房屋和抵押贷款的疾苦越来越引起全国注意。在许多方面它发言的信心和心理，我们所有的份额为如何经济，和国家，正在做的，我们的经济是chugging沿漂亮以及考虑房屋和其他几个地区，但如果继续按揭的疾苦…猜什么？消费支出将潜水等，将其余的经济，我不知道… …什么你觉得呢？我猜测，房屋仍2-3年前复苏，如果银行和财务机构可以得到的贷款和货币流的事揣摩，我们应该罚款。

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