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To: Sacajaweau; All
Good post we need to remember all this.

One thing last night that really upset me was when McCain called for buying up bad mortgages. I didn't get that one at all.

If he had made it more clear, like they just did on Fox & Friends a few minutes ago, that he meant to use part of the 700 billion already allocated and not new money it would have made a lot more sense to me.

Of course I still don't like the govt. in all this Free enterprise stuff but I guess it's a bit late for that complaint.

6,010 posted on 10/08/2008 3:39:21 AM PDT by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE--GO SARAHCUDA !!)
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To: rodguy911
I don't think the buying up the bad mortgages is a brand new thing. I believe it has already been proposed though in a slightly different form. The object is to "refinance" the mortgages based on real assessment value.

Remember, inflated assessments BENEFIT cities and towns. Our own Town has been doing a lot of pork spending.

Years ago, we bought a house. There were too many houses on the market and the government provided grants to mget them off the market. We got about $3000.

Utility incentives: I installed a damper on my furnace and was able to deduct an amount exceeding what I paid for the unit.

Funny story...I decided I could install it myself (I'm female)..I got it in...no problem...

THEN...I read the rest of the directions...and saw the word..."explosion"...and called my furnace man.

He came right over, smiled and said I did good and never charged me a dime!!!

6,018 posted on 10/08/2008 5:03:13 AM PDT by Sacajaweau (I'm planting corn...Have to feed my car...)
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