Comments on: Bush To Put 30-Day Freeze On Foreclosures
In Effort To Combat Housing Slump, President Offers Relief Program To Qualified Homeowners
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- "Too bad the administration doesn''''t hold the oil industry''''s feet to the fire the way they have the mortgage companies. Big oil is at least 100 billion dollars up last year. That would about cover GMs losses and pay down several million mortgages. Or feed and cloth millions around the world, or... or... or...no point in going on. This latest mortgage bandaid is nothing more than that. A bandaid. They''''re treating the symptoms. The disease goes on.
Posted by crazyivan32 at 02:33 PM : Feb 12, 2008?"
Wah, wah, wah! Big Oil is making too much money, let''s kick them in the groin.
Do some simple math, you idiot. 100 billion dollars in profits, there are over 500 million vehicles in the world. Divide. That is 200 dollars per vehicle. Average miles driven per year is 15000. Average mpg is about 25. That''s 600 gallons per year. Now, with $200 that''s only 33 cents profit per gallon. Federal tax is 18 cents a gallon and state tax averages 28 cents a gallon for a total of 46 cents a gallon profit to government. Now, who is really sticking it to you? Dummy. - Reply to this comment
- "This compares to being sick and deprived of any medical help until you are placed on a life support system for 30 days, just prior to your own death.
Posted by Pensacola88 at 02:36 PM : Feb 12, 2008"
No, it compares to idiots not reading their contracts and now they expect the rest of us to bail them out of their stupidity. - Reply to this comment
- HORRIBLE HORRIBLE IDEA!!!! You do not bail people who knowingly entered into these mortgages. You do not reward people for not being able to pay their mortgage rates that were clearly in their contracts. BAD IDEA!!
Posted by matisyahu3 at 02:45 PM : Feb 12, 2008
HORRIBLE HORRIBLE IDEA!!!! You do not bail [out] people who knowingly made these loans, or bundled them into SIVs for sale, or who bought the SIVs. You do not reward people whose greed makes them blind! BAD IDEA!!! - Reply to this comment
- HORRIBLE HORRIBLE IDEA!!!! You do not bail people who knowingly entered into these mortgages. You do not reward people for not being able to pay their mortgage rates that were clearly in their contracts. BAD IDEA!!
- Reply to this comment
- crazyivan
The mortgage companies are losing billions....what do YOU think happens when someone forecloses?
As I said earlier, the borrowers & lenders are reaping what they''ve sewn. I hope they both learn a lesson. - Reply to this comment
- Believe me, sir, you aren''''t the first one to threaten me thusly. And yet, I''''m still here ...
Have a great day.
Posted by pierson98 at 02:34 PM : Feb 12, 2008
Unfair, unfair - just to make me break my word?
In any event, while I find it strange that you would perceive that to be a threat, it is downright comical that you would perceive me to be the source of that perceived threat... - Reply to this comment
- This move is helpful, but needs to be reoccurring and expanded to help homeowners who are less than 90 days overdue.
This compares to being sick and deprived of any medical help until you are placed on a life support system for 30 days, just prior to your own death. - Reply to this comment
- The question that those who view themselves as being "smart[er], strong[er], and [more] capable", and thus entitled to "survive" by feeding off of the rest of humanity must ask themselves is:
"How far can we go before we are perceived to be a threat?"
Posted by ibsteve2u at 02:28 PM : Feb 12, 2008
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Believe me, sir, you aren''t the first one to threaten me thusly. And yet, I''m still here ...
Have a great day. - Reply to this comment
- Too bad the administration doesn''t hold the oil industry''s feet to the fire the way they have the mortgage companies. Big oil is at least 100 billion dollars up last year. That would about cover GMs losses and pay down several million mortgages. Or feed and cloth millions around the world, or... or... or...no point in going on. This latest mortgage bandaid is nothing more than that. A bandaid. They''re treating the symptoms. The disease goes on.
- Reply to this comment
- If you feel like hanging around, I would remind you that I didn''t mean to offend with the intelligent design comment, I merely inferred that from your earlier statements. I personally hold a different set of beliefs - I believe in the therory of evolution. Under such a theory, the organisms best equipped to survive are the ones who succeed and reproduce, while the ones that are not smart, strong, and capable enough fail. That''s how evolution works.
Posted by pierson98 at 02:07 PM : Feb 12, 2008
Sigh...I should have left, but I can''t resist one LAST remark:
Forget "intelligent design", and consider "intelligent evolution".
One on one, a polar bear overwhelms a human being in the arctic if you judge solely by the criteria "the organism best equipped to survive".
Whenever humankind has faced a species whose natural rapaciousness has threatened our survival, we have reacted by banding together and hunting that species down, often to the verge of extinction or beyond.
The question that those who view themselves as being "smart[er], strong[er], and [more] capable", and thus entitled to "survive" by feeding off of the rest of humanity must ask themselves is:
"How far can we go before we are perceived to be a threat?"
Sometimes "the greater good" includes your own. - Reply to this comment
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