Government is Brilliant-NOT!!!

The Obama Administration and our Treasury Department have figured it out. I know it's hard to beleive but its true. In an article titled "Mortgage help plan requries proof" it says in order to participate in the loan modification program now under way the borrower "ACTUALLY" has to prove they have documented income!!!Can you imagine. You can no longer just make up whatever income figure you want to qualify for a loan, you now have to have it verified. The article also states that Phyllis Caldwell,cheif of Treasurys homeownership preservation office,defended the decision to allow people to qualify based on verbal statements of income(of course she did)."We needed to provide immediate relief to more homeowners faster." I guess that didn't work as many of the loan modifcations are falling delinquent now as well. Maybe the question on income went something like this: Lender-Mr/Mrs. Borrower how much montly income do you make? Borrower--A Lot!--Lender-Great your approved. How stupid can these instituitons be. Isn't that what got us into this mess in the first place. I'll bet, next they are going to tell people who buy things on credit is that they actually have to make a payment when they get thier monthly bill. No I'm only kidding,as long as the creditor promises to pay,you know "checks in the mail" The Government should be OK with that.