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To: BGHater

Oh goody. This will stabilize things. Let’s put people who can’t afford their mortgages in 40 year terms at 3%. Hell, why not put them in 80 year terms? Why don’t we just PAY them a salary to live in their homes?


2 posted on 11/06/2008 9:21:16 AM PST by NetSurfer (It wasn't an election. It was The Fraudulent Selection.)
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To: NetSurfer

I predict the gov will strong arm banks to rewrite ARMs into fixed rate mortgages at the rate the borrower first had. This will help folks that can no longer afford the loan after the ARMs adjusted higher.


4 posted on 11/06/2008 9:24:13 AM PST by DonaldC
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To: NetSurfer
Why don’t we just PAY them a salary to live in their homes?

You will someone will need to pay the maintenance.

17 posted on 11/06/2008 10:19:00 AM PST by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: NetSurfer
Why don’t we just PAY them a salary to live in their homes?

You will someone will need to pay the maintenance.

18 posted on 11/06/2008 10:19:13 AM PST by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: NetSurfer
You ask why don't we just pay them a salary to live in their home?
This is exactly what Obama wants to legalize, namely lower interest rates, extent mortgage life, and here comes the clincher:
Give them so called tax returns, which are monies to those that don't pay taxes, but in reality are misnamed welfare payments.
No to Arnold's suggestion to clean up the mess, no to dragging it along indefinitely.
20 posted on 11/06/2008 10:42:44 AM PST by hermgem (Will Olmr)
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