Thank goodness we bailed out

[klott]

.... Bank of America or they would not have been able to buy my mortgage from Countrywide!!! For some strange reason...it feels like I am paying twice now. i sure hope we give them another 10 to 15 Billion, so they can buy more.

[Chuck Evans]

Funny thing is: I'm a BOA stockholder and I feel like I've lost my money twice!

[John McKenna]

I wonder why they did not just pay off everyone's late mortgage and thus there would be no crisis?

[Michael Larson]

Originally Posted by jmckenna1

I wonder why they did not just pay off everyone's late mortgage and thus there would be no crisis?

Got $12 Trillion laying around John?

[Henry Valenzano, CMI]

Originally Posted by mlarson

Got $12 Trillion laying around John?

Our kids do. Thats right I dont have any kids. Let some one else pay for obama s spending spree.

[Joseph Burkeson, CMI]

This week the Senate voted down a measure which would have allowed bankruptcy judges to modify mortgages thus guaranteeing a continuation in the housing crisis and insuring more foreclosures.

Absent from the measure was a bankruptcy provision that President Barack Obama had promised to push through Congress, but backed down amid stiff opposition from banks. The provision, rejected by the Senate last week in a 45-51 vote, would have allowed bankruptcy judges to lower a person's mortgage payment.

Note: Currently bankruptcy judges have the discretion to modify all other types of loans.

[Michael A. Gillingham]

They need a crisis so that they can keep pumping all this crap down our throats. That's what Rom Emanuel said "Never let a good crisis go to waste" or something like that. Can you say Shisters...hope I spelled that right

[klott]

Originally Posted by mlarson

Got $12 Trillion laying around John?

obama has the key to the printing press, so money is no object. Besides, haven't you ever heard of Government Housing? They are missing an opportunity to become the world's largest slum lord!

[Henry Valenzano, CMI]

Originally Posted by klott

obama has the key to the printing press, so money is no object. Besides, haven't you ever heard of Government Housing? They are missing an opportunity to become the world's largest slum lord!

What do you mean missed out. They own the banks, GM, Dodge and AIG Thats a good start for 4 months. They had to save something for the rest of the year.

[Henry Valenzano, CMI]

They are already using the Cal. Fires as a reason to raise taxes.

[Joseph Burkeson, CMI]

Originally Posted by hvalenzano

They are already using the Cal. Fires as a reason to raise taxes.

Hell, California will be the first of many federally owned states.

[klott]

Originally Posted by hvalenzano

They are already using the Cal. Fires as a reason to raise taxes.

I wonder if they will be fined over the excess carbon produced by the fires, it wouldn't surprise me at all.