Posted on 10/11/2008 9:26:26 AM PDT by 07Jack
The McCain-Palin website now has a page soliciting "thoughts" on his "Homeowner Resurgence Plan." Here is the link:
http://www.johnmccain.com/involving/petition3.aspx?guid=84a6fec2-583a-47c8-b332-4d2a9c4bd407
Dont do anything until you have an investigation...starting now into who started this whole mess and make them pay!!
McCain is as clueless about this economic mess as Bush and Obama are.
I posted on his site that he’s just like the socialist libs in the country. Pathetic.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
The government should stop rewarding the irresponsible and saddling the responsible with the bill.
If home values are declining, why are my property taxes still going up? And why does the state not down value my home?
Make it a law that if a home has been devalued, property taxes are adjusted accordingly.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
The only housing fix I would be for is taking a portion of the bailout money and offering any soldier who has served or will serve in Iraq or Afganistan a fixed rate 3% - 30 year home loan for their service to our country. That would take homes off the market across the country and aid in stabilizing prices. It would also help the military in their recruiting efforts. I don’t think any patriotic American would be against it.
Admittedly, I was a bit hot ‘n hostile while composing this ‘commentary’ to McLame site ...
Are you just out of your freakin’ maverick mind ???
First you sell us out with the freakin’ Wall Street Bail-out, larded over with Dem/Lib/Lefist pork payoffs to the lamers that got us into this mess in the first place.
Now, you want to pile on another whole $#!T sandwich of bailout for irresponsible lamers who bought in over their heads in a speculative Real Estate bubble in hopes of cashing out big — somehow ! — later before the bubble burst ???
I pay my own way; own my own outcomes; don’t lean on ANYONE or ANYTHING else to make it. I’m solvent but watching my 401k and IRAs melt away because of what you’ve allowed to happen up ‘til now and NOW you want to bury us even deeper in this $#!T storm ???
I STILL HAVE to vote against Obama, but that doesn’t mean you win any beauty constest, lamer !!!
I’ll still be holding your loser feet to the fire from day one, presuming you pull your head out of you @$$ and figure out how to win this thing.
Wise up and toss this losing notion !!!
Hope I’m not alone in my sentiments, even if my chosen expression is somewhat over the top.
I want a new car even though I owe more money on the old one than it is worth. Can I restructure my loan so that I only owe what the car is worth now?
Who ever said local Governments are not just as corrupt as the Feds. Most of them require the homeowner to take the time and effort to require the new assessed value be considered. The intent is that most people are not aware and their interest is the higher tax. They make it as hard as possible.
Man you expressed my sentiments exactly.
John, why don't you seek input on HOW TO WIN THIS ELECTION instead of discussing a "Resurgence" plan with the lumpen masses?
Most people don't even know how to pronounce "resurgence" and if they did, they'd think it's what you do when you've had too much to drink.
Oh, we are SO screwed!
Leni
“The only housing fix I would be for is taking a portion of the bailout money and offering any soldier who has served or will serve in Iraq or Afganistan a fixed rate 3% - 30 year home loan for their service to our country. That would take homes off the market across the country and aid in stabilizing prices. It would also help the military in their recruiting efforts. I don’t think any patriotic American would be against it.”
Good idea.
Now that's an excellent idea!
But McCain has Carly Fiorina to advise him. (barf)
Smart...send it to the campaign.
An idea like that would make the bailout more palatable.
Government is secured by loan and preferred bank stock. Government stands to profit from future sale and preferred stock sale. Homeowner must live in home.
Could this work?
Ping
I sent the McPain my hell no!
Those stipulations would vastly improve what stands on record now in his proposal.
Please submit them to the McCain web site!
The McCain-Palin website now has a page soliciting “thoughts” on his “Homeowner Resurgence Plan.” Here is the link:
http://www.johnmccain.com/involving/petition3.aspx?guid=84a6fec2-583a-47c8-b332-4d2a9c4bd407
Reader:
Yes, you!
Please watch this video and then send this link on McCain’s Web page!
http://www.freerepublic.com/focus/f-news/2103357/posts
Also, call your GOP Congressional and Campaign offices. Tell them what you are sending them — then send them the link!
Do it ASAP. Call the Campaign offices tonight!
http://www.freerepublic.com/focus/f-news/2103357/posts
It's true btw.
And we saw what a great job she did at Hewlett Packard.
Geeeeee .. if anybody could bother to watch FOX - they have been running a documentary on who exactly created this mess .. and it names names, lots of democrat names.
It also shows that both Bush and McCain tried to stop the train wreck but the “ruling party” kept voting everything down.
The way to make THE DEMOCRATS PAY - vote those idiots out of office.
Heard this on Fox.
Give every citizen a million dollars!
That’s half of the $700,000,000,000 ‘rescue’ plan.
Hey I already sent in that idea to all my congressmen telling them that if they were dead set on spending that much taxpayer money then the taxpayers should be the ones to get the most benefit out of it.
My suggestion was that they could save half of their proposed expenditure for the bailout by sending every citizen a million dollars with the stipulation that the funds first had to be used to pay off their existing mortgages and debts, with the remaining funds to be placed on deposit with a bank or investment firm, or to buy stock but the funds could not be touched for at least 5 years. That would have shored up the banks, eliminated the need for bailing out Wall street, and made credit and capital available to individuals and business. Those that did not already own a home could use up to half of the money to buy real estate once they had paid off their debts, but the remaining funds had to be placed on depost with a bank or investment firm.
The second part of my idea was that they immediately change the laws to requre lending instututions to verify income of all loan applicants, require down payments on all future mortgages of at least 5% of the purchase price of the home and no mortgages could not exceed 95% of the homes market value. Borrowers would also be required to have good credit history once again.
While my suggestion was admittedly tongue in cheek, it certainly would have made much more sense than the bill they actually did pass!
McKook strikes again!
The only thing I’d change is that the down payment should be at least 15 percent.
I debated on the percentage of the downpayment myself. I would have liked to make it about 20%, but since so many people have gotten used to no down payment I thought that might be stretching it at this point in time. LOL!
I gave him my opinion. He probably won’t like it. In short, I asked him why the taxpayers have to continually bail out the deadbeats that obviously bought more house than they could afford. I’m sick of this welfare state.
You didn’t actually expect any of the Ruling class to listen to your plan, did you?
I mean, you are just some kook in fly over country.
Now pay your taxes and shut up.
/s
No mortgage or combination of loans secured by the property may total more than 95% of the property's market value, which will be the smaller of 1 - selling price of similar homes in the nearby area, or 2 - the appraised value of the home as agreed upon by the local taxing jurisdiction and a certified appraising agency.
No, throw the property squatters out in the street!
A home isn't a right, it's a privilege to be paid for and not by government!
This makes me ****ing sick. God forbid any of these politicans (including McCain) read and abide by the Constitution!
“...Well their job is to represent their constituents, but unfortunately very few if any do represent them any more...”
You have got it all wrong. Their job to get reelected!
No kidding. Term limits are looking better to me all the time. We need to get rid of lots of these career politicians, and get some new blood in there that might actually start representing the citizens.
But McCain has Carly Fiorina to advise him. (barf)
Lou Dobbs would be a better choice. Or maybe Malcolm Forbes, depending on what he says on the talk show today.
And what she did to Lucent (potentially one of the most innovative companies in the world) before that.
Fiorina is a looser. In that respect, I suppose it's logical that she would be one of McCain's top advisers.
I did send this idea along to the campaign, but whether or not someone will read it and pass it up the chain of command is another story. Maybe we should start calling into all the talk shows this week to demand vouchers for low cost home loans for our troops be a part of the bailout package. After all, any money set aside for that is less money government has to do mischief with!
Or maybe McCain should try this...
“Vote for McCain/Palin and we guarantee that the moonbats and minorities will burn down large swathes of American cities thereby removing many abodes from the marketplace and shoring up the real estate market. We can then start the campaign to relocate the socialists in the cities to suburban and rural parts of America where their reeducation in the joys of personal responsibility can commence in earnest.”
What part of qualify for a fixes interest loan do you not understand? If they can make the payments then they are not squatters. Do you just want to punish people is that what being a conservative means to you?
If this property is not occupied and the bad loans removed from the bank’s books then the problem will not be cleared up.
Obama’s idea will be to give the money to ACORN which will make the payments for the defaulted homes (after getting their cut of course).
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