Comments on: Bush Moves Against Home Financing Crisis

Plan Would Help Homeowners Facing Foreclosure Refinance Their Loans, But Not Sub-Prime Borrowers

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by shanev137 September 1, 2007 8:15 AM EDT
The initiatives, which are not aimed at bailing out lenders or speculators, are designed to help homeowners with risky mortgages keep their houses.
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That''s a blatant, boldfaced lie.

If the government steps in and buys your mortgage...who do you think is going to get paid?

LOL
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by mikekleber September 1, 2007 6:18 AM EDT
Bush is going to step in and take care of the housing crisis?? Boy oh boy, I know I''ll sleep better tonight!! He has done a bang up job on everything he has touched while in office. The economy is strong?? Maybe for you and all of your buddies. My daughters are approaching college; what jobs will be out there in 5 years? Unless you''re in oil, not much. Bush, you have effectively eliminated the middle class.

By the way George, when your daughter gets married, and you''re watching the ceremony, are you going to think of all the parents who will never see their son or daughter get married because you sent them off to their death in the name of oil and revenge? I didn''t think so.
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by jetranger7 September 1, 2007 5:53 AM EDT
Everybody, Quit Worrying, Geesh, Bush and his Adminstration have everything all under Control, they''ll be Shipping Multi-Billions of "YOUR" US Tax Money overseas, to god only knows what Foreign Country, possibly most likely ''IRAQ" Again most likely ! To help those people buy Homes,,, Yip, your home, that you just lost to Foreclosure !! Now, the Raghead Iraqi or the MEXICAN who just jumped the Border will get a chance to OWN YOUR HOME, for practically nothing, while your in Ruins !! Think I''m kidding, well read the news on this site, about how a federal Judge just issued an injunction to stop the social security adminstrations efforts to curb illegals from being hired by american employers ! As if that weren''t badd enough, just this week, the US Inspector General, is going full steam ahead with plans to allow "100-MEXICAN" Trucking Companies access to anywhere in the united states, despite the fact they can''t pass saftey inspections for their trucks, or their illegal drivers, so NOW, you''ll be driving down the hi-way with an 18-wheeler with an illegal non english speaking MEXICAN Truck Driver, who doesn''t know the laws here, Wonderful huh ????
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by standlee5 September 1, 2007 4:33 AM EDT
Thanks radiob for the link. IT has a lot of great information. I''m wanting towithdraw from my IRA but don''t have an exception. The 10% penalty seems excessive especially if the funds are used to pay off debt.
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by oakishpines September 1, 2007 3:06 AM EDT
'''' ... when i was like six or seven, i was playing in some field with a bunch of folk (rallyd round sick beds drifting farm trails dancing get well feed world songs), and some girl was dancing through the crowd, claiming ''''tax the world is feed the world'''', and promising to rid the world of naked folk and ignorant folk and lazy profane blemished folk, and to replace all the free food and free medicine crowds with free gun and free bomb buttons, and, when she touched my hand, i felt all warm and fuzzy inside, and ive always wondered what happened to her ... i wonder if shes still out there somewhere, conquering folk like me ... i sooo hope so ... ''''

'''' ... she''''d let the dog free and the parrot too, and give up on having to feed the cats, and just hike away forever, but theres no get well feed world folk there, only get sick tax world: and theres nothing they wont do to keep her in her clothes and in her chair ... ''''

'''' ... lots of folk say they hate heteros and homos, but lots of folk say they dont want to get chewed up and spit out and put back together by a dinosaur, but almost everyone has done it, and almost everyone will do it again ... ''''


'''' ... more nerf bus less rolling coffin ... ''''

'''' ... pocket change is a silly porn formality, but makes the world go round as its doubly more profitable and productive to build $60,000 homes than million dollar homes: why house few folk for a million when one can house more and deflate the dollar as well? ... ''''
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by oakishpines September 1, 2007 3:03 AM EDT
'' ... i had a teacher when i was ten, the best, the one students and teachers alike would call first if the moon fell out of the sky, in so many ways our little personal moons fell out of the sky everyday, but we never ever even dreamed of ''calling it in'' ... on t.v., there were the evening news journalists in ''beiruit'' or whereever, they sortof represented the t.v. version of who to call if the moon falls out of the sky, still our little personal moons fell out of the sky everyday, but we never ever even dreamed of ''calling it in'' ... sirens stay silent all over town while little moons fall from little skys ... i don''t mind that because if folk tend not to ''call it in'' then they probably should not be overly encouraged to do so ... but we were dared ... wars kill kids and the war was put into our schools and named of all things ''dare kids'' ... that''s worse than saying ''spit on cops'' ... all day everyday on every front page saying ''spit on cops'' ... me, i hope someday to find a hundred and forty million kids dancing porno get sick tax world get well feed world songs ralllied round the sickbeds drifting tens millions spore bloom weed dragon trail fickle first aid lunch farm cottage studio trail groups ... that''s been my dream since i was five ... i can''t even begin to remember who gave it to me or imagine why it took me soo long to tell somebody that ... ''
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by j-whitman September 1, 2007 2:59 AM EDT
Here we go again,,,, Bush the guy who put a 22 year old in charge of the Iraqi stock market, a dude with no medical experiance in charge of thier health system (the 1st thing he did was to tell them to stop smoking) ------- We''re doooomed
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by oleander8 September 1, 2007 2:42 AM EDT
"Bush Moves Against Home Financing Crisis"

How about moving against all the people that became millionaires by allowing bad loans and then selling the paper to investors. You can bet they''ll stay rich.

Don''t tell me big business doesn''t need to be regulated.
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by radiob-2009 September 1, 2007 2:13 AM EDT
Standlee5

Not sure of your age but perhaps this can be of some help.

http://www.financialcounsel.com/Articles/RetirementPlanning/ARTRET0000010-WithdrawingFromYourIRA.pdf
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by nyckate September 1, 2007 1:04 AM EDT
gkc99 - teh sub-prime borrower is not the guy who''s flipping houses you moron -- it''s the guy who doesn''t make a lot for a living, it''s the elderly retired person desperate to hold on to their house.

Sheesh -- before you form an opinion shouldn''t you at least try and educate yourself a little??? This way you won''t continuously sound like a moron.
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