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Good point by this economist. Obama lied about Obamacare and is lying about mortgage modifications too.
1 posted on 07/01/2012 12:47:04 PM PDT by whitedog57
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To: whitedog57

Yes. and the administration is using our tax money to actually advertise all sorts of giveaways... mortgage discounts, food stamps, free cell phones, birth control, you name it. We get to pay for it and we get to promote it, too, so the program costs will go even higher.
now the administration is actually using our tax money to advertise all the virtues (so called) of Obumacare..extolling this and that and every other kind of promised free medical service, test, and treatment.
But of course all the administration has to do is print (or borrow) a few more Trillions of $$$$. So, there will be no problem at all in signing up EveryBody onto the dole.
Problem solved.
(and re-election assured)


2 posted on 07/01/2012 12:53:24 PM PDT by faithhopecharity
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To: whitedog57

The ONLY way for any modification to work is principle forgivness. There are no significant routine principle forgivness.

The prices were inflated and were NEVER worth the amounts appraised. Banks HAVE to take a loss.


3 posted on 07/01/2012 1:11:04 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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