Posted on 09/24/2008 1:52:57 PM PDT by pabianice
Obama on CNBC now. Has announced that he and McCain are suspending their campaigns to deal with financial mess. Obama says Dems will allow no bail-out bill that does not let "all homeowners in trouble" to keep their homes. This seems to mean that those millions of deadbeats who took mortgages they knew they couldn't honor will get their homes on the taxpayers' dime. This seems even worse than the government taking possession of bad loans. It suggests excusing the loans. Also, bill must contain some sort of punishment for business executives.
If this is as Obama says, it seems unlikely that any bill will occur before January and that whatever bill passes will punish the responsible and hard-working. If Obama wins the election, then all bets are off.
But, but, but, the Oklahoma mainstream media says Oklahoma is in great shape, and isn’t being affected by the present problems.
Yup! He doesn't want others to see that side of him.
He needs a teleprompter to read to know what to say.
I watched him give his press conference this afternoon. He kept looking to the left and looking to the right, but never straight ahead. I was getting dizzy by his head motion.
Image. Physical characteristics can sway some sheeple and he doesnt want anyone else to notice that he has Dumbo ears.
I knew a woman who wouldnt vote for Dole because he had a bum hand, "I dont want to vote for a president that everyone will call Flipper."
Early results are that Obama is getting away with dising McCain. Obama’s rap about McCain not being able to do two things at once is gaining traction, dammit.
No, mine is paid for. Make them pay for theirs too or lose it!
The problem with Senator Reid is that he doesn't have the anywhere close to the influence of Senator McCain, who's been in the US Senate for 22 years and has the ear of most of the Senate on both sides of the aisle. We need leaders NOW, not obstructionists like the Democratic leadership in Congress.
I benefit from hard work you jackass. And quit being a jackass about my area getting hit by a hurricane. You are pathetic.
I’m with you . The core of the problem is that every body and his brother were getting home loans with no means of payment. Here in NJ no proof of income was required. If you don’t have the money you can’t have it .TOUGH SH*T that’s life.
No one’s building 200K homes in BA these days..lots are (or were) 70K min.
NO BAIL OUT!
Screw the deadbeat homeowners. Socialism is only for the rich thieves that don’t participate in class warfare...
LOL!!!!!!!!! You mean as in "let's give a 'present' to wall street and those who can no longer afford their house"?
It's a total surprise to me.
Now we have about 5% of homeowners whose homes have continued to plunge in price and despite their having had as high as 50% equity in their homes just 2 years ago, they now find their mortgages are way out of line with their homes' current worth.
if the plan is to reset all the defaulted mortgages at market value - it seems like a good time to get into the appraisal business.
These bastards are TOTAL idiots! How the Ef did these Marxist pigs get into office???
The citizens keep reelecting the same a-holes, and this crap just goes round and round.
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