Help us all

I struggle with this.  We could use help ourself, but won't qualify for this.  If we are becomming a socialist state, shouldn't we all get help?

How effective all that will be is an unanswered question. No plan can change the fundamental economics of a bubble deflating or an economy stalling — of overpriced homes returning to more-reasonable prices and out-of-work homeowners not having the income to make mortgage payments. What this plan does offer, though, is a series of targeted interventions designed to help specific groups of borrowers, and by doing that to hopefully limit the knock-on damage caused by foreclosures, both to neighborhoods and the overall economy. "This will help some people who deserve to be helped," says Joe Gyrouko, a professor of real estate and finance at the University of Pennsylvania's Wharton School. "But will this stop the decline in housing prices? No."