Posted on 07/13/2009 7:46:29 PM PDT by GreaterSwiss
NEW YORK/WASHINGTON (Reuters) - President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration official said on Monday.
The official told Reuters it was reasonable for policymakers to consider options for loan forbearance -- allowing borrowers to delay, defer or skip payments -- that are more effective than those currently available in the private sector.
(Excerpt) Read more at reuters.com ...
Some, but zero’s largest voting block has never had ,nor wanted a mortgage, prefering instead to stay in govt. housing and squirt out babies they can’t support.
I’m being laid off as of next Monday. If I need help I expect it will come from my family and friends, if necessary. I do not expect help from The Kenyan’s Royal Treasury.
“Atlas PUKED!!!”
Atlas better stand in line.
Still they refuse to do what they know works.
________________________________-
You’re exactly right. They know what they are doing.
Best wishes to you, FRiend.
Are you sure he is making mistakes, or is he deliberately trying to destroy the economy, to bring socialism on faster?
No! No! No!
No more bogus bailouts. No more stupid stimulus. No more ridiculous relief.
Done. Outta here. Finished.
Let the market work. Let the mistakes be punished. Let the power of creative destruction be unleashed.
Everyone and their mother is getting a frakin bailout except those who are still working....lovely. =.=
Are you sure he is making mistakes, or is he deliberately trying to destroy the economy, to bring socialism on faster?
In the past, they were definitely mistakes: I cannot imagine that Hoover and FDR deliberately created the Great Depression, and they were doing their best, struggling with an unknown, and bringing liberal principles to bear upon the situation. So they made mistakes, and Obama is repeating those mistakes. I go back and forth about believing Obama is doing this because he and most liberals don't know any better and don't understand why the Depression became so great, and believing he knows quite well what a catastrophe he is engineering.
Amity Schlaes' book The Forgotten Man is an excellent analysis of this very subject.
The parallels between what BHO is doing and what FDR did are breathtaking.
That’s some damn good satire!!! After the Democrats sank the entire economy with their subprime loan scams this satire is funny.
/s
Except that Zero is making the "mistakes" on purpose. He is on record as saying the New Deal failed because it didn't spend enough money fast enough.
Our 21st century world war is coming soon. And it will be so devastating that it will not bring us or the world out of this recession/depression. Zero is making sure we are disarmed and vulnerable as a country before it starts.
This recession will last long after Zero is gone. He's seeing to that and blaming Bush on the way.
I wish I could disagree with you. But I can’t.
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