Oct
25
If Obama Gets His Bill Passed To Help Homeowners Avoid Foreclosure?
ByWill you be glad that as a Taxpayer you get to pay your Mortgage,and help pay some other guys as well?
Will you be glad that as a Taxpayer you get to pay your Mortgage,and help pay some other guys as well?
8 Comments
October 25th, 2009 at 10:43 pm
Oh, yeah! I was just asking myself what to do with the piles of cash and bearer bonds that litter my house, and Obama has found a solution – pay for other peoples’ mortgages.
I’m sure the majority of Americans have also been wondering what to do with all the excess cash and income they have.
October 25th, 2009 at 11:07 pm
It wouldn’t bother me a bit. I don’t need a bailout myself and have no expectations of getting one. MY mortgage is up to date and current. So are most of the people in my community. We are a modest community and not too many around here live beyond our means. Most around here work HARD, for very little money, yet no one around here has any problem with the bailout. We pay taxes just like everyone else.
I don’t know if I like the idea that some people who have lived irresponsibly should get money, but it is better than nothing. It would be hard to distinguish the irresponsible vs the responsible who ran into hard times. The people who just ran into hard times should be able to be helped. They are gonna take my taxes anyways, might as well be to help others.
We poor folk don’t mind helping out others, its the ones that are more well off that are bitching.
October 25th, 2009 at 11:59 pm
No Problem bailing out the perpetrators of the fraud?
The guys and girls with the business degrees.
Who perpetrated the swindle until it ran out of steam and went KAPOOT.
WASHINGTON (CNN) — Hundreds of people across the country have been arrested by law enforcement officials targeting crooked mortgage brokers, real estate agents, and other industry officials, the head of the FBI and a top Justice Department official said Thursday.
August 26, 2008http://money.cnn.com/2008/06/19/real_est…
Mortgage fraud still soaring
August 26, 2008
A crackdown on underwriting has failed to halt an explosion of fraudulent home loans.
NEW YORK (CNNMoney.com) — With the housing market in turmoil and lending standards tougher than ever, you’d think that the kind of unscrupulous activity that helped plunge the industry into crisis would be a thing of the past.
More Muscle Against Mortgage Fraud
U.S., State, Local Agencies Form Task Forcehttp://www.washingtonpost.com/wp-dyn/con…
Fraud
with the biggest names in corporate America behind it.
And they get hundreds of billions when their scheme runs it’s course.
October 26th, 2009 at 6:14 am
it only helps those already ‘helped’ by fannie and freddie…you know, barney frank’s buddies who guaranteed ‘no money down, no credit check, e-z payment’ loans…those who dealt with reputable institutions and ran into financial problems can go suck eggs
October 26th, 2009 at 9:26 am
No – the people that bought over their heads should go bankrupt – maybe they’ll learn a valuable lesson in not overextending onesself in the future – in the process!
Peace
October 26th, 2009 at 4:17 pm
Yes I’m thrilled about it, I love helping irresponsible people. I love helping people who keep having more and more kids with no viable source of income as well.
October 26th, 2009 at 6:01 pm
I just love living in a nation of greedy bahstahds.
October 26th, 2009 at 11:18 pm
America…Is this a great country,or what !