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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