Comments on: Losing a Job Now Could Mean Losing a Home
Once-stable Homeowners No Longer Able to Pay Mortgage Because They Aren't Getting a Paycheck
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- Mr Smart, name one thing that are 100% made in the US
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- Mr Smart, name one thing that are 100% made in the US
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- He said that He, Mr. Geitner & Congress were working overtime to stabilize the situation. He called on the American People to go out and buy a new car, buy stock, refinance your home, buy energy efficient appliances, Use our credit cards to charge & do it often.
Huh ?? - Reply to this comment
- Get a clue...ok Obama voter heh heh hehhh
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- I've seen 5 homes go into forclosure in my neighborhood here in Vegas.
They were the types who changed cars every year or so - usually the husband and wife both.
Those of us who they looked down their noses at for driving a vehicle long enough to actually pay for it still have our homes.....
Our two vehicles are still parked in the garage every night while the "snob-sleds" are probably in apartment complex parking lots picking up a half-dozen dings a month.
Breaks my heart.... - Reply to this comment
- Losing a Job Now Could Mean Losing a Home! Once-stable Homeowners No Longer Able to Pay Mortgage Because They Aren't Getting a Paycheck.
OK before this economic downturn came about I had a job, house, car, payments etc. President Obama took office (January) & said they had to bail out the Banks, Credit & Mortgage Cos. Auto Manufacturers, Wall Street was in a bind, etc.
He said that He, Mr. Geitner & Congress were working overtime to stabilize the situation. He called on the American People to go out and buy a new car, buy stock, refinance your home, buy energy efficient appliances, Use our credit cards to charge & do it often. Our credit card interest would be protected and that the Banks would not foreclose on us.
Have had to work part time now. I only wish I had the sense to pass up on all these PR Schemes that I fell for. They sounded too good to be true. Sometimes the best buys & deals are the ones we don't make. So Sad! I only hope that I don't get suckered into doing this again. - Reply to this comment
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- I never heard him say to go out and buy cars and stock, what I heard was that he wanted to free up the frozen capital on wall street so banks would start loaning again. I never heard him say that banks would never foreclose, and I never heard him say to go out and increase your credit card debt. If you would furnish a reference to such, I would be interested in reading it.
As for energy efficient appliances, common sense would tell you that he didn't mean buy what you don't need, but to consider more efficient replacements when the time comes. If you went and bought a refrigerator on your credit card that you didn't need, because the one you had still worked, then the president is not the one with suspect intellect.
- I never heard him say to go out and buy cars and stock, what I heard was that he wanted to free up the frozen capital on wall street so banks would start loaning again. I never heard him say that banks would never foreclose, and I never heard him say to go out and increase your credit card debt. If you would furnish a reference to such, I would be interested in reading it.
- There will be a lot more foreclosures. There still are more factories and dealerships to close after the GM, Chrysler deal. It is time for America to settle in for a long recession lasting a decade or more. America is going into a period of lower GDP and a weak dollar. Unemployment will continue to rise and the dominos have not stopped falling yet. A depression would not be out of the question.
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- He said that He, Mr. Geitner & Congress were working overtime to stabilize the situation. He called on the American People to go out and buy a new car, buy stock, refinance your home, buy energy efficient appliances, Use our credit cards to charge & do it often.
Huh ??
- Out of the question? try inevitably, as any real actions to avoid it are unfortunately out of the question.
It may not last ten years, because America may not last ten years. Unlike the depression of the 30s, there are far more angry people out there with matches, and there is a lot of dry tinder out there. With enough hungry people out there with guns, all it will take is an act of police brutality to become public, or a food riot, or a gang turf battle, and the wildfire will start, the news media will unintentionally help it to spread, and it will be all over.
For all you anti-Obama idiots out there, this problem started with Eisenhower's secret S.E. Asian debacle, and reached critical mass with Nixon. Subsequent presidents either watched the fire burn,(Democrats) hoping it would burn itself out, or actively poured gasoline on it (Republicans) hoping to speed up the destruction, so they could pick over the remains.
Mr. Obama is still reluctant to make the hard moves necessary to prevent further collapse, instead choosing to adhere to the trickle down economic agenda championed by Reagan, in a futile attempt to keep the neos from calling him the n-word (fat chance). His heart and intent may be in the right place, but his solutions are woefully inadequate, if he wants to really fix the problem, he must do a Nelson Rockefeller, and show the neos the middle digit, and do what is right by the country, even if it means becoming a one-term president, because at least there will still be a nation for him to retire in.
- He said that He, Mr. Geitner & Congress were working overtime to stabilize the situation. He called on the American People to go out and buy a new car, buy stock, refinance your home, buy energy efficient appliances, Use our credit cards to charge & do it often.
- Now if you had said that you couldn't find anything in the U.S. that was "made in the U.S", then I would have agreed with you. The only things you have are "made in China".
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- by vietnamwar July 16, 2009 11:11 PM EDT
You want to buy something "made in the U.S", come to Canada.
Huh ? What part of Made in the USA that u don't understand ???
Are you stupid? Did you not say that there was ABSOLUTELY NOTHING that was made in the U.S.? Well obviously there is! - Reply to this comment
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- Now if you had said that you couldn't find anything in the U.S. that was "made in the U.S", then I would have agreed with you. The only things you have are "made in China".
- The Obama plan to help home owners stay in there homes has not worked. You know the one that was supposed to stop foreclosures and help millions. There is no accountability to the banks and they are refusing to work with anyone. They are taking interest free money and hording it.
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- Her old middle class mentality will have to go-the rich have a problem -China & India are doing so well ,transplant organs are no longer available-her & her family can sell their organs to some rich drunk who still has high dollar health care.Welcome to the "New world order".
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- The Obama plan to help home owners stay in there homes has not worked. You know the one that was supposed to stop foreclosures and help millions. There is no accountability to the banks and they are refusing to work with anyone. They are taking interest free money and hording it.
- To vietnamwar
That is why he is now starting to say "no" to the banks.
They said they would behave if they could only get bailed out, and so Bush promised the money, and later Obama gave them the benefit of the doubt.
Now that they have proven themselves to be liars, the president is now starting to do the right thing.
A bit late indeed, but very logical.
- You want to buy something "made in the U.S", come to Canada.
Huh ? What part of Made in the USA that u don't understand ??? - Reply to this comment
- by wtcmedic911 July 16, 2009 10:23 PM EDT
erasmus111
As always your intellect is amazing.
You're a moron. You don't have a freaking clue about nothing.
You want to buy something "made in the U.S", come to Canada. - Reply to this comment
- You missed the point.
The point is there is little or NO hope
of finding another well paying job after a
job loss in this economy. - Reply to this comment
- Coffee may be Hot.
Ice may be Cold.
Knives may be sharp.
Guns may kill.
These are not headlines, they are warning labels. Maybe every mortgage should come with black box warnings that state: "In the event of job lose, you may face foreclosure." I mean come on how stupid does the media think the general public is that this is NEWS. - Reply to this comment
- THE TRUE UNEMPLOYMENT RATE IS OVER 30%. WHY? BECAUSE OUR LYING DUMARACFT GOVERNMENT ONLY COUNTS THE PEOPLE WHO ARE STILL COLLECTING UNEMPLOYMENT BENEFITS AS PEOPLE WHO ARE UNEMPLOYED.!
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- erasmus111
As always your intellect is amazing. did your mother have any children that lived? - Reply to this comment
- I just found a job for everyone vote for Change!!! They call it welfare, everyone who has lost their job please get on welfare, the more of us on welfare the sooner it will disappear, lets all get on it. I bet that is all bushes fault still?
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- I just found a job for everyone vote for Change!!! They call it welfare, everyone who has lost their job please get on welfare, the more of us on welfare the sooner it will disappear, lets all get on it. I bet that is all bushes fault still?
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- Pardon me fool, during the Bu$h and republican reign of domestic terror, I lost 2 jobs, spent 2 and a half years looking for work, had to settle for jobs paying only half the salary for the same work and lost my home in the process. And this was way before Obama even thought about running for President
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