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Gilbert W asked:
How will he be able to stengthen the housing market?
How will he be able to stengthen the housing market?
Tags: Foreclosures, Home Ownership, Housing Market, Senator Obama
September 3rd, 2008 |
Tags: Foreclosures, Home Ownership, Housing Market, Senator Obama
September 4th, 2008 at 3:55 pm
The preditory lenders should have the mortgages they swindled people into capped at a maximum of 9.5 %
September 7th, 2008 at 11:04 pm
By putting money back into the hands of the middle class.
And not catering the rich.
September 11th, 2008 at 12:13 am
By raising taxes. He said he would fix the economy by raising taxes (but the media only reports how he will give a n 80 Billion dollar cut to the poor). Overall, his tax plan is insane. People who work and already pay oppressive property taxes can expect to pay more Federal taxes. That’s a reasonable plan. Then the government can bail us out.
John: you obviously believe the rhetoric. Keep throwing it around. Obama said 97K is rich. They pay 25K fed, 5K state, and 5k in property taxes for a Net of 62K. Rich? You believe that?????
Re: Obama’s plan…since I was responsible and took out a conventional loan (at a higher rate than these “predatory loans” because it was not a teaser loan), may I also get one of these low interest loans?
This is another giveaway to the dumb people in this world. The liberals make it easy for people to be irresponsible. People who think ahead of time and make responsible decisions pay the higher rate all the way through the loan, and the morons get a low, introductory rate and a low bailout rate. Then, I have pony up for the 10 Billion. Unbelievable. Punish the productive, as usual.
September 13th, 2008 at 8:00 am
Here is what hillary is proposing to do:
she’s going to put a freeze on foreclosures.
what this will do is make everybody else pay for the homeowners’ misfortunes.
should she prevent these lending companies from getting their money and/or foreclosing on the properties, the lending companies will simply raise interest rates on credit cards, loans, etc. in order to recoup their money.
what she’s proposing is a very bad “solution” for all americans.
obama wants to create a $10 billion fund so that these folks can get a low-interest loan to help bail them out. this way, all of america won’t have to pay the price for bad decisions made by a few.