Comments on: Obama Proposes Homeowner Relief

Presidential Candidate Calls For Additional $30 Billion Economic Stimulus Package

[hungry1968]

Hillarygrl34




You keep posting: Obama''s plan to give the American people ____ is going to cost us $XX billion dollars.

Obama''s plan to give the American people ____ is going to cost us $XX billion dollars.

Obama''s plan to give the American people ____ is going to cost us $XX billion dollars.


But you neglect to mention that we''ve spent $5 TRILLION DOLLARS on NOTHING!!! And the American people have NOTHING to show for it. At least with Obama we''re going to get universal health care, incentives for alternative fuel creation and usage, etc, etc.

What is wrong with investing money in America''s future? At least we''re going to get something out of it!!

[displeased]

Its called taxation into submission.
Posted by hillaryin012

Yup, that''s what we need to do to fix all of Bush''s incompetencies.

[michael0004]

Obama Proposes Homeowner Relief

Boy, these libs love spending our money......


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Posted by hillaryin012 at 04:16 PM : Mar 27, 2008

$1 Trillion and counting for the unnecessary Iraq war. Boy, does Bush and his fellow conservatives love spending our money . . .

Which is worse: $1 Trillion (or more) for an unnecessary war or $30 Billion for a so-called homeowner bailout (that equals the amount of money the Goverment has promised to pay if Bear-Stearns defaults on the loan from the Fed.)

[sevenveils]

Why should people who knew and took high risk loans be rewarded for their stupidity?

So they, the ones with poor credit, lack of credit, that willingly over extended their finances win and the rest of the US that was smarter/wiser and saw the built-in bankrupcy in the loans loose?

If this is a glimpse of Obama''s flawed wisdom, then let''s nip in in the bud NOW.

[displeased]

Boy, these libs love spending our money......
Posted by hillaryin012

I''m not certain how well I support this idea of bailing out banks and irresponsible home owners, but either way $30 billion is pocket change compared to the amount of OUR money that Bush has spent in Iraq. To consider this plan as fiscal irresponsibility after what we went through the last 7 years is a joke. At least we''re spending money in our own economy instead of pissing it away overseas.

[hungry1968]

Posted by Hillarygrl34 at 04:22 PM : Mar 27, 2008




Who in the world would sell their house for income?

Why would the elderly sell their house (which presumably is paid off), then move into an apartment that they have to pay rent on every month?

Where''s Hillary''s plan for the economic mess?

[hungry1968]

"Instead, Obama said, the next president should:

**** Expand oversight to any institution that borrows from the government.

**** Toughen capital requirements for complex financial instruments like mortgage securities.

**** Streamline regulatory agencies to end overlap and competition among regulators."





I wonder if Hillary and McCain are ever going to come up with a plan? Oh well, at least Obama has a plan that they can say they came up with first and then claim that Obama stole it - as usual.

[mudrose-2009]

I still can''''''''t believe that someone could sign an ARM when fixed rates were at an all time low. Where did they think the rates would be in 5 years? Are people REALLY that ignorant? Seriously.....
Posted by easeup

Unfortunately, yes. And there are plenty of snake oil salesmen out there too. People forget the property law doctrine that controls the sale of real property after the date of closing - "Caveat emptor" is Latin for "Let the buyer beware".


I''ve used caveat emptor very loosely here, because it actually applies to the property itself. But it is useful in the sense that it should apply to contracts as well.

[mudrose-2009]

IS THIS TRUTH FROM OBAMA, MY FRICKING TAXES ARE GOING UP TO 40%, WE barely make 100k and live in nj with our inlaws.

Posted by Hillarygrl34

I vaguely heard something to the effect that a petition is going around to recall Corzine. I think that''s the term. Very much like what the Californians did. I hope so. He has sold out the state lock, stock and barrel almost to the point of selling its highways. Nice chimp.

[mudrose-2009]

I still can''''t believe that someone could sign an ARM when fixed rates were at an all time low. Where did they think the rates would be in 5 years? Are people REALLY that ignorant? Seriously.....
Posted by easeup

Unfortunately, yes. And there are plenty of snake oil salesmen out there too. People forget the property law doctrine that controls the sale of real property after the date of closing - "Caveat emptor" is Latin for "Let the buyer beware".

[easeup-2009]

"and live in nj with our inlaws."

Posted by Hillarygrl34 at 04:11 PM : Mar 27, 2008

Good God you have my condolences!

[easeup-2009]

I still can''t believe that someone could sign an ARM when fixed rates were at an all time low. Where did they think the rates would be in 5 years? Are people REALLY that ignorant? Seriously.....

[mbcsmith]

I got a better one: Why should the goverment bail out an investment bank (Bear-Stearns)who made poor choices with other peoples money? Typical Republican solution - bail out the wealthy parasites while telling the individual to go to hell.



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Posted by michael0004 at 03:33 PM : Mar 27, 2008

The government did not bail out Bear Stearns. The Fed did. Not tax money.

[truthbug]

Another Obama high-level proposition without details. This always means that implementation goes beyond the new president''s term. That would mean not implementing at all.

ALL WORDS... NO ACTION.

The only action OBAMA knows is NOT DISOWNING WRIGHT.

[gracchus1]

Two points.

1. I agree that it is unfair to bail out people who have overspent. The idea is simple: live within your means. Don''t spend money you do not have.

2. I wish people would realize that they do not have to vote for Hillary, Obama, and McCain. There are other candidates running for political office.

[getcentered]

terrorislamg - "The first requisite of a good citizen in this Republic of ours is that he shall be able and willing to pull his own weight. Theodore Roosevelt"

Teddy didn''t account for those who are disabled or those who are mentaly unsound. Would you? What happen if we get hurt? We have to leave the "Republic"? Come on! Republican constructs do not fit into todays world.......

[michael0004]

DEMONIC-RATS NEVER LEARN AS THEY REWARD THE GRASSHOPPER AND TAX THE ANT

Since Bear-Stearns is the Bush/the Republican''s grasshopper, what''s your point?

[getcentered]

"They''re just taking a little while to figure out who can massacre more of the Republicans in the general election, that%u2019s all."

The GOP will be HURTING in the next elections!!!!

The GOP/Republican tools on these forums wouldn''t dare talk about Republicans and their failed policies. Instead they help themselves feel better about blind support for the Republicans, by attacking Democrats trying to fan the flames of dissent within the DNC.

Well now I know, a vote for a Republican is literally a vote for ignorance, and misguided spending in an unnecessary war in Iraq, which causes more hate........

Democrats ROCK!!!!!!!!!!

Obama is an amazing speaker! I have never heard any politician speak so candidly and clearly about so many topics, much less the state of racism in America. I''d love to see a Republican address this subject in such a direct and intelligent way.
MAJOR APLAUSE FOR BARRAK OBAMA!!

I%u2019m proud to be a part of such a historic election. We can have our first woman or African-American President!!! This country has some healing to do and Republicans just GET IN THE WAY.

This election will be historic, and it%u2019s not about Hillary versus Obama, it''s about Democrat versus Republican.

Hillary or Obama, or both. Go Democrats!

[republic1776]

Government should not be bailing out anybody!
Our forefathers would be in total disgust if they saw what we have become.
A communist nanny state!

[nolalou]

Thank you Big Mac. Where in hell is Obama gonna get his bail out funds? The american public, that''''s where. No thank you. Posted by mudrose

Big Mac''s proposal is to do nothing, just what our current president is doing, which got us into this mess! Doing nothing IS NOT AN OPTION. You''re worried about wasting tax payer money, then you should be the loudest to protest the war in Iraq that is costing billions per month, to justify lies about non-existent WMD''s! What Obama proposes would be a drop in the bucket compared to the money we''ve spent and borrowed for the Iraq misadventure!