From The Independent.ie:
FAMILIES in modern Ireland are going without food to meet the demand of mortgage debt.
The arrival of the second wave of the economic crisis, giving rise for the first time in many decades to the spectre of hunger, has caused shock across the country.
The decision of homeowners to choose hunger over a fear of eviction helps expose as irrelevant the issue of "moral hazard", the defence of policymakers who resist calls for debt forgiveness.
A nationwide Sunday Independent/Quantum Research poll has found massive support for the concept of debt forgiveness to help those who are genuinely unable to meet their full mortgage payments.
The poll found that 70 per cent supported the idea of debt forgiveness and, more tellingly, 73 per cent would not resent such relief for homeowners while they themselves continued to meet their commitments......read on
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