Posted on 12/24/2008 4:59:05 PM PST by meandog
/mark
That happened to my family back in the '60s. The dude got caught & FHA went back and looked at everyone's papers. The choice for us was move out & lose all equity (it was a sweat equity deal common at the time), or accept a new loan with a much higher payment. Ultimately we had to sell out & move down - the folks toughed it out for a couple of years but the $125 mortgage payment was just too much.
The crooked developer making false statements on behalf of buyers remains a part of the trouble with finance it seems. Our developer got $10,000 and ten years at club fed. It was his first and only development venture involving perhaps 25 homes. The dude in this story got a relative wrist slap considering the lesser jail time and value of money. And look at the fine - It seems to me at only ten grand the bulk of his illicit profit remains in his pocket. The only reason I can see he wants a pardon is so he can qualify for the licensing to continue what he had been doing before. I say no way.
I did vote for Sarah Palin and that dude she ran with last month, but would have much rather seen a different dude or dudette at the top of the ticket .
I just couldn’t pull the lever for mccain. I dislike him that much. Been saying for over a year before the nomination that if the Republicans are stupid enough to pick him, they aren’t getting my vote.
Well they did and I realized that I’m not a member of the club no more. It made it easier since Tennessee was definitely going to vote Republican and not for Obama, who I difinely didn’t support. In fact, as I told everyone who asked during the election. I had no dog in the hunt..
The not so dark side is we don't quite have Bride of Clinton in the Oval Office (doing God knows what in the sink). As much as I don't like The 0ne and his wholly unearned and illegitimate rise to power, I think we dodged a bomb.
But in this cycle I think a lot of Republicans have come to learn a lot about the turn this party has made in the last dozen or so years, and they don't like it.
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