Bastards! Why don’t they stop “foreclosing” on people’s homes and force the banks and mortgage companies to work with the current owners so THEY can stay in the homes? This communist bull**** is just that. BULL****! Anybody who ever voted for the Kenyan and intends to vote for that bastard again in 2012 can kiss my @$$. You are NOT an American.
More government control of the banking industry? I don't think so. How about take the stupid controls and government forced requirements off and let the free market solve the problem.
The mortage companies were already paid off by the tax payer yet they continue to collect payments. So, as far as I’m concerned, the government already owns all the mortgaged houses in this country.
What planet do you live on////???? Letting private business do private business as in foreclosing on deadbeats , is the legal way, telling the banks not to foreclose and/or giving property to individuals is the communists way, it is called redistribution. The government interference is what caused this mess and you wish to make it worse.
They need to kick the dead beats that refuse to pay out and then sell the homes to landlords that will then rent it out.
Believe me, if YOU owned the home and had done owner financing you wouldn’t be so quick to demand they stop foreclosing on the people who are living in your property and are not paying.
“Bastards! Why don’t they stop “foreclosing” on people’s homes and force the banks and mortgage companies to work with the current owners so THEY can stay in the homes? This communist bull**** is just that.”
ROFLMAO! I have to laugh at the notion that a conservative thinks of solving the problem by having government force private actors into doing someting. Enough on the right and left were scurrying around yapping about how “we” had to do something back when this started. Turns out as usual that the best thing for government to do was nothing.
Now we’re really in the crapper, because the banksters took all the money (and why wouldn’t they?), the Fed printed so much the dollar’s going down the tubes, and the real estate is still overmarked and needs to be sold off while the banks and soon-to-be former owners take the hit. The market is already devaluing ALL homes—the longer the banks defer a decision, the more likely a decision will be made for them anyway. And business genius Obama’s great “brainstorm,” renting federally owned homes, will only result in the market being further devalued. Rentals are run down faster and hurt the value of nearby homes.
If the banksters and broke owners had taken their medicine alone, as they should have, the American government wouldn’t be up Obama creek right now, too. As it is, the American citizenry will be left holding the bag. Pie in the face ain’t gonna be all—tarring and feathering a-coming.