Obama: If you’re struggling to pay mortgage, ‘you’re just a deadbeat’

"I say, imagine in your private life, if you decided that I'm not going to pay my mortgage for a month or two—first of all you're not saving money by not paying your mortgage. You're just a dead beat. And you can anticipate that will hurt your credit." - Obama

At a Tuesday afternoon press conference, President Obama said homeowners who “decide” not to pay their mortgage for a month or two are deadbeats.

Of course, most people who get behind on their mortgage would not consider it much of a choice when they simply don’t have the money .... http://www.bizpacreview.com