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To: Shermy

us government is not helping homeowners refinance. the same crooks that got this started are still doing the same old things. 1500 and up added to their oringal loan and financed longer is not help. the us goverment is in the middle of the biggest hiest of taxpayer money that the world has ever seen. the homes could be purchased and given free of charge to the buyers much cheaper than this heist is costing us.


3 posted on 10/23/2008 12:06:16 PM PDT by dalebert
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To: dalebert
us government is not helping homeowners refinance. the same crooks that got this started are still doing the same old things.

My instinct tells me you're right. This post should have a "party" with it (D) or (R)... it's AP - so they want to stick it to Republicans.

9 posted on 10/23/2008 12:12:42 PM PDT by GOPJ (The FBI needs to verify Obama 's a US citizen.)
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To: dalebert
I remember in the 80’s after the Carter Administration. I worked as a loan collector’s assistant. Texas was my district. Many oil busted towns were deeply riled by defaulting homeowners.

No big deal because these were due to “big Oil” layoffs. Anyway, the banks would cry about their losses... The monies they lost were not the numbers they loaned.

I figure banks are doing just fine with this bailout. Money they would never reap over 30 years are being pumped back overnight.

I should be in the ink business!

17 posted on 10/23/2008 12:27:17 PM PDT by poobear (“…individual salvation depends on collective salvation." Barack Hussein Obama Wesleyan University)
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