I hear that phrase from democrats all the time. Still trying to figure out what it means.
Remember folks, 92 % of home buyers are making their payments on time and those in default are the result of ACORN putting a gun to the head of bankers...
Housing secretary needs to whipe his chin.
“But critics, including several leading Republicans and some commentators...”
Well crafted spin/propaganda, right here, folks.
Have you noticed that the 0bamunists look like kids?
Status-seeking-beta’s is how I have referred to leftists for over twenty years now. It has never proved more accurate than wiht these pasty, thin-skinned puny-boys.
These aren’t leaders, sorry.
This is mediocrity given power by the multitudes of spoiled and envy-filled ingrates known as Democrats.
This is the part I don’t get. If they have proper income to afford their mortgage, why do they need help?
The List: Obama's fifth week in office:
In response to the backlash against the bailout for faling homeownwers, triggered in part by Rick Santeli on CNN's rant on the floor of the Chicago stock exchange, Housing Secretary Shaun Donovan responded publicly; "the Obama administration's efforts to help struggling homeowners will aid "responsible" borrowers, not deadbeats or speculators."
Obama Upholds Detainee Policy In Afghanistan:
The Obama administration told a federal judge military detainees in Afghanistan have no legal right to challenge their imprisonment there, embracing a key argument of former President Bushs legal team
Obama appoints "The Vacuum Cleaner" to be the new US ambassador in London. Obama has been embroiled in a cronyism row after reports that he intends to make Louis Susman, one of his biggest fundraisers, the new US ambassador in London.
Obama's administration attended four full days of negotiation at the "Durbin II" conference. During that time his people sat and passively watched the following: the failure to adopt a proposal to act against Holocaust denial, a new proposal to single out Israel, which will now be included in the draft without brackets, broad objections to anything having to do with sexual orientation, vigorous refusal by many states to back down on references to "Islamophobia" (the general allegation of a racist Western plot to discriminate against all Muslims), and numerous attacks on free speech.
Barack Hussein Obama will propose a massive business tax on greenhouse gases in his FY 2010 federal budget to be presented this week.
The massive tax increase and power grab was buried at the end on article on Obama's forthcoming budget proposal in The New York Times:
(view the full list on my profile page at FR)
Freudian slip, no doubt.
Cheers!
Obama will be resigning from the Preidency before the end of this year. You just can’t expect an affirmative action, minority candidate to be up to the big jobs. The office will go to Biden. Not sure if he’s up to it either.
This program makes no sense to me. He says only people with an income, who pay their bills will qualify.
People in foreclosure have not been paying their bills, even those with a job, so they won’t be helped according to him.
People who had been doing just fine, but were recently laid off, have no incomem, so they won’t qualify, even if they have paid their mortgage faithfully for 10 years and bought a home that was within their means.
Who qualifies for this? It seems to me it is all smoke and mirrors and another way to funnel money to banks on the front end then collect it from the taxpayer on the backend.
Anyone know who will actually be helped by this?
“there are no ‘flippers,’ investor-owners or scammers that are eligible for this program.”
How exactly will they make sure of that? If the owners address is the house he’s trying to flip then no one is the wiser.
Obama = Bullshit
Unchecked - the bastards will push America to banana republic status.....
What a bald-faced lie. They've already said that they won't turn away illegals from other bailout programs so they can't sit there and tell me that folks not "eligible" for yet more gov't largess will be turned away.
OK - so who's opinion of what constitutes "responsible"? Someone who borrowed within what they could logically repay but lost their job? Or someone of a specific race who signed for more than they could afford - but where just trying to gain the "American Dream" of home ownership and were talked into going for broke by "the man" who "pushed" him into more than he could chew?
Or maybe the illegal alien who got a mortgage with zero documentation... who now is facing job loss because construction is slacking?
Housing Secretary Shaun Donovan
Who the hell is Shaun Donovan and when did he get appointed?
There is a path for deadbeats. It’s called BANRUPTCY. Loser lefties are douche bags.
Another probelm with this
is they are going to let bankcrupcvy judges write down mortgages.
Once they do that who is going to offer a mortgage?
Libs can only think a millionth of a second in advance which is one reason so many things they do are counter productive.
Barack Obama to set out high-risk financial agenda for the US (Spendo-Rama)
Times of London | February 23, 2009 | Tim Reid
Posted on 02/22/2009 6:08:59 PM PST by GOPGuide
http://www.freerepublic.com/focus/f-news/2191668/posts
Report: Citi in talks with feds to increase government stake
Marketwatch | 2/22/09 | Marketwatch
Posted on 02/22/2009 5:41:43 PM PST by jimbo123
http://www.freerepublic.com/focus/f-news/2191653/posts
Detroit As the Prodigal Son
TownHall | February 22, 2009 | Steve Chapman
Posted on 02/22/2009 10:22:51 AM PST by dbz77
http://www.freerepublic.com/focus/f-news/2191432/posts
Who is gonna audit you, Donovan, and what was that provision about Congress being able to tell an IG to stop their investigation?