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An August Surprise from Obama?
Reuters ^
| 8/5/2010
| James Pethokoukis
Posted on 08/05/2010 9:53:06 AM PDT by Qbert
click here to read article
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To: Qbert
Free mortgages for everyone!
To: Qbert
Are they really stupid enough to think this will work? If it gets them the approval of the 1 in 5 homeowners who are under water, it will get them scorn from the 4 in 5 who have been responsible. That is just stupid arithmetic even for a brain dead POTUS like 0bama.
22
posted on
08/05/2010 10:00:21 AM PDT
by
Truth is a Weapon
(If I weren't afraid of the feds, I would refer to Obama as our "undocumented POTUS")
To: Mouton
Rick Santelli...the only conservative commentator on CNBC and the originator of the idea of tea parties to protest the first bailout of delinquent mortgage holders
To: Qbert
Talk about wealth redistribution.
To: Qbert
25
posted on
08/05/2010 10:01:11 AM PDT
by
massmike
(...So this is what happens when OJ's jury elects the president....)
To: Qbert
Wonderful. I am squared up and good to go with my mortgage. Only fell into problems once; and even then, it was clerical, never overdue.
I'm betting my bottom dollar that I and many like me will see zero relief from this latest round of Government intrusion into the (what was) free market.
26
posted on
08/05/2010 10:01:28 AM PDT
by
Michael Barnes
(Call me when the bullets start flying.)
To: Qbert
A stealth 800 Billion dollar stimulus plan by executive order for the sole purpose of winning the November elections...
No, no. Its gonna come outa Obama's "stash". Das why they voted for him.
27
posted on
08/05/2010 10:02:07 AM PDT
by
crosshairs
(Celebrate diversity. Own a variety of firearms.)
To: sauropod
28
posted on
08/05/2010 10:02:17 AM PDT
by
kevslisababy
(It's very hard to earn my trust again)
To: Qbert
The 2012 surprise will be when he invites us to refer to him as Mr. Beast or ‘his 666ness’.
29
posted on
08/05/2010 10:02:27 AM PDT
by
SlayerOfBunnies
(An Indian friend of mine wishes to remind everyone... Indians <> muslims)
To: who knows what evil?
“You have got to be kidding...”
I wish I was.
More here:
“[T]he rumors are pretty darn strong with Wall Street firms privately warning their clients it is a distinct possibility.”
http://www.qando.net/?p=9142
30
posted on
08/05/2010 10:02:55 AM PDT
by
Qbert
To: Qbert
There’s more than one way to pay reparations............
31
posted on
08/05/2010 10:03:00 AM PDT
by
OB1kNOb
(My problem with aging is I tend to forget things. Also, I've found that I tend to forget things.)
To: Qbert
silly me. We bought a modest home - stayed in it for 10 yrs. and made our payments month after month.
We even put in a few extra payments each year.
We now have a good amount of equity in our home.
Silly silly stupid us!
To: Qbert
33
posted on
08/05/2010 10:04:11 AM PDT
by
Matchett-PI
(BP was founder of Cap & Trade Lobby and is linked to John Podesta, The Apollo Alliance and Obama)
To: Qbert
It’s all about power for democraps. This is all about trying to keep in power. Nothing more.
34
posted on
08/05/2010 10:05:01 AM PDT
by
prairiebreeze
(We don't have a leader in the Oval Office, we have a reader in the Oval Office.)
To: cicero2k
The guy that played by the rules and experienced none of this, well; loses by opportunity cost. That guy doesn't vote Democrat and therefore doesn't count.
To: Qbert
To: Qbert
It's only play money anyway as the world is beginning to realize and even more so after this move by Bambi if it occurs...
37
posted on
08/05/2010 10:06:47 AM PDT
by
Errant
To: Truth is a Weapon
Yup, and there is no guarantee that ones that benefit from the bailout are going to vote dem when they would not have otherwise. This would be an epic fail in so many ways. Well, except furthering the destruction of this country, which is odunkerbunny’s goal anyway.
38
posted on
08/05/2010 10:07:51 AM PDT
by
HerrBlucher
(In the White House the mighty White House the Liar sleeps tonight.............)
To: who knows what evil?
Redistribution of wealth in its absolute finest form!!
To: Michael Barnes
This idea isn't going to work. Not at all. The underwater mortgages have to be held by Fannie and Freddie...most of us have our mortgages held by banks or other such lenders. This will mostly help the "affirmative action" mortgages that Frank and Dodd wanted. And even those that are helped will go through months and months of bureacracy to get any relief. This is going to piss off more homeowners than it helps...the only one's helped are already securely in Obama's camp from all the other giveaways.
You really want to do something? How about suspending payroll taxes for a year? That will put money in pockets without all the bureaucratic delays.
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