Comments on: Bush Plan Would Freeze Subprime Rates

Mortgage Industry OKs Proposal To Prevent Resetting Of "Teaser" Rates; Plan May Help 1M Homeowners

[terrapin78]

My clock says 141 days until 1/20/2009!

Just keep us out of Iran!!!!!

[j-whitman]

It''s Bush''s "Ownership Society" --- Watch your backs --- No help for those entering forclousre

[stirringitup]

So why stop with this BS plan
Apparently, the rest of us who did the responsible thing should now quick making mortgage payments and wait for a bailout as well.
Also, why stop with freezing mortgage rates - while we are usually told these things are beyond the goverment''s (mortgage rates, interest rates, wages, fuel) we have apparently been lied to (again).
Roll back gas prices to $1 per gallon, roll back food costs to year 2000 costs (or earlier), have all working American%u2019s wages raised by 20% retroactively to 2001.

I wonder how many people feel like fools for not buying a house beyond their means or for being prudent and settling on a fixed rate mortgage. For some reason I am now inclined to cut back on the holiday spending %u2013 perhaps if enough of us cut back we too will get a nice present from the government %u2013 perhaps a $5000 check to keep the economy going so we spend, spend, spend!!!

[gce651]

1-800-995-HOPE or 1-888-995-HOPE, it''s all the same. When any politician starts using the word Hope you can be assured things will go the wrong way:

North Korean nukes? "Well, we HOPE the North Koreans will do *** instead of developing weapons."

Darfur? "Well, we HOPE the Sudanese government will stop targeting rebels and civilians."

Iraq? "We HOPE...oh, why even bother."

[olebd]

I really wish he would go on vacation for another 10 months or so.

[gce651]

IT''S KATRINA ALL OVER AGAIN! Too little too late. There are so many conditions on this "help" that it''ll only end up applying to a very small number of people. Want to know how it will go? Where is the Katrina relief 2+ years later?

[samthetvcat]

That''s so Shrub to package his bail-out as a move for the people, when he''s all about securing his personal wealth. Exxon usually trades at levels similar to crude prices, but lately it''s been going down everytime oil prices go up. With Bush''s announcement, it went back up past $90 for the first time in like a month. Granted this move better helps the economy weather the storm, but it''s so annoying to hear GW make it sound like he actually gives two hoots about people when he''s never shown himself to care about anybody but him and his cronies'' wallets. Ugh!