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Thread: Obama administration to order lenders to cut mortgage payments for jobless

  1. #21
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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    i'm not sure about the legality, but it's a good idea.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by phattonez View Post
    It's arguments like that which force us to live with unsustainable development that we have today instead of more cost-effective denser living.
    So? Our current financial crisis would be worsened if millions of people walked away from their debt. If you want to talk about unsustainable development, start your own thread.

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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by Erod View Post
    As I mentioned in another thread, we've made the decision at my company to reduce staff by 15 percent on top of the 25 percent reductions of last summer.
    So, you're suggesting that trying to get people to pay their mortgages, instead of walk away from them, will be bad for America, and put realtors out of business?

    Wow.

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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by Dezaad View Post
    If you would have read even the actual title for the article, you would know:
    1. That the assistance would be for the unemployed. Therefore:
    2. That the people being talked about probably can afford the house they are in once the economy generates enough jobs for everyone. And:
    3. That they probably can't buy another house right now, or even rent an apartment. Some of these people might end up homeless. How's about they live on the corner at the end of your street, eh?
    If you would have read a few articles about Republican philosophy in the last, oh 7 years, you would have heard the slogan "ownership society" where they were encouraging, among other things, home ownership.

    Home ownership for the many is hugely beneficial to society. The way it was to have gone about may have contributed a miniscule amount to the financial crisis, unfortunately. But, it isn't "the reason" that we're in the mess we are in today.
    Oh I see, so whenever things get bad, the Government should be there to save us, because after all, it's just not right when **** happens...

    "Hey can't pay your bills? Uncle Obama has plenty from his stash.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by MrVicchio View Post
    Oh I see, so whenever things get bad, the Government should be there to save us, because after all, it's just not right when **** happens...

    "Hey can't pay your bills? Uncle Obama has plenty from his stash.
    Apparently, you didn't bother to read the article. Shockers.

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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by Catz Part Deux View Post
    Apparently, you didn't bother to read the article. Shockers.
    I read the article, obviously you have no clue about how economics or business works.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by Catz Part Deux View Post
    So? Our current financial crisis would be worsened if millions of people walked away from their debt. If you want to talk about unsustainable development, start your own thread.
    If it has to be liquidated, better to do it now then stay stuck with the problem that we have now.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by Catz Part Deux View Post
    a LINK!

    ms dicristo, bless her heart, is the perfect example of a bit of ANECDOTAL EVIDENCE

    unfortunately, near SIXTY PERCENT of those who've already been assisted by obama's DUD of a hamp have already RE-DEFAULTED

    that's called a comprehensive study

    these bailouts, home mortgage holidays, so sadly, are, therefore, already a PROVEN failure

    just look at the EMPIRICS provided by the associated press, bloomberg and the washington post

    Our economy cannot handle another glut of foreclosures because homeowners are in underwater mortgages
    absolutely true

    tragically, however, they're coming, a projected 4.5 million in 2010, according to ap

    that's MORE THAN WE SAW IN MISERABLE 09

    hamp was a DUD

    so obtuse obama does just more of the same

    obtuse obama has no answers, he's oblivious

    by the way, what was he doing in IOWA yesterday?

    LOL!
    Last edited by The Prof; 03-26-10 at 01:25 PM.

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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by apdst View Post
    In the new ****ed up, piece-a-**** communist America that ignores the law, he does.
    What an angry little cave you live in...

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    Re: Obama administration to order lenders to cut mortgage payments for jobless

    Quote Originally Posted by MrVicchio View Post
    I read the article, obviously you have no clue about how economics or business works.



    Wait, I thought you were the weatherman?

    Now you're an economist with an MBA?? Make up your mind.

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