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Author Topic: Obama ordering new mandate  (Read 2026 times)
kathyp
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« Reply #20 on: February 03, 2012, 09:56:04 AM »

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Sad part is a lot of people got "underwater/upside down" when they refinanced their homes to buy new toys. Some in our area that I know bought a new truck, camper, atvs, watercrafts and snowmobiles. Added $150,000.00 to their home mortgage. When the economy went south they sold all their toys at great looses and are now "upside" down.

that's how we picked up our rental.  they did one of those 125% equity things and lost the house to the bank.  i don't feel bad about that.

Quote
The homeowners are still stuck, but now they might have more manageable monthly payments.  Would it be better for that extra $200 a month to go in the pocket of the Wall Street Bankers or the main street workers?  What have the Wall Street Bankers done to stimulate the economy with the trillions of tax dollars they've gotten?

Why are the Republicans so adamant against any plan to help debt ridden main streeters when they are so willing to pour as much money onto Wall Street as Wall Street wants?  Yes, people have make some bad and dumb decisions, sometimes not of their own fault.  But what about the bankers!

why didn't the home owner refinance under the last program that the president said "didn't work as well as we'd hoped"?  why didn't it work.  who is going to pick up the cost of the program?  who is going to own or back the mortgages? isn't that how we got here in the first place?

what about the bankers?  tell me about them in some detail so i know what you are talking about, please.

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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
buzzbee
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« Reply #21 on: February 03, 2012, 02:52:16 PM »

 Having Uncle Sam back these reduced rate  mortgages and turning foreclosed properties into rental units is disturbing.
Are you a property owner and having concerns about our future?

These subjects come to mind:
http://www.theblaze.com/stories/is-the-soros-sponsored-agenda-21-a-hidden-plan-for-world-government-yes-only-it-is-not-hidden/

http://www.thenewamerican.com/usnews/politics/7958-obama-signs-agenda-21-related-executive-order

Notice the private /public partnership mention in the article. Can you say  GM/Uncle Sam

Incrementalism is working for these people.The American People would reject it if pushed all at one time,but a little at a time and soon the Constitution will be a has been. If we don't stop it soon we will have a tyrant in chief and not even know why.
« Last Edit: February 03, 2012, 03:04:29 PM by buzzbee » Logged
sterling
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« Reply #22 on: February 03, 2012, 06:53:11 PM »

Is it really “bailing them out” when you refinance from a high mortgage rate to a low one?  In most cases it doesn’t sound like any of the principle is going to be forgiven.  The homeowners are still stuck, but now they might have more manageable monthly payments.  Would it be better for that extra $200 a month to go in the pocket of the Wall Street Bankers or the main street workers?  What have the Wall Street Bankers done to stimulate the economy with the trillions of tax dollars they've gotten?

Why are the Republicans so adamant against any plan to help debt ridden main streeters when they are so willing to pour as much money onto Wall Street as Wall Street wants?  Yes, people have make some bad and dumb decisions, sometimes not of their own fault.  But what about the bankers!

You are all time putting Wall Street and Republicans in the same sentence. Do you know who really got the biggest percent of Wall Street peoples money in campaign donation? Can you explain why Obama keeps going to New York for fund raisers? And can you explain why those big banks got so much of the Feds money under Obama?
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Old Blue
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« Reply #23 on: February 11, 2012, 12:49:37 AM »

"Incrementalism is working for these people.The American People would reject it if pushed all at one time,but a little at a time and soon the Constitution will be a has been. If we don't stop it soon we will have a tyrant in chief and not even know why."

We already have a tyrant in chief pissing on the constitution at every chance he gets.

Commies ain't cool - just get rid of em !

Old Blue
Unbelievable taxation with no representation in...
Kali-bone-ya
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kingbee
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« Reply #24 on: February 12, 2012, 01:41:48 AM »

... Is it really “bailing them out” when you refinance from a high mortgage rate to a low one?  In most cases it doesn’t sound like any of the principle is going to be forgiven.  The homeowners are still stuck, but now they might have more manageable monthly payments....

Yep and the banks, mortgage companies, underwriters, appraisers, homeowners and title insurance companies get a whole new round of fees and charges.  Cool.  evil
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