Comments on: Home Foreclosures Up 121 Percent

One In 171 U.S. Households Received At Least One Foreclosure Notice In The 2nd Quarter

[erichsh]

ubrew12 - I remember the "malaise" gripping this country when Carter was President. That''s one of the reasons why Reagan won. And didn''t those hostages come home under Reagan''s watch, within days (or weeks) of him taking office?

[daysrnumbrd]

I am upper middle income family with 4 kids. The increase from letting the Bush cuts go will add nearly $4,000 dollars too my tax bill. And that would be just the beginning in an Obama admin. with a Democrat let house and senate.
Chalres, if you work hard and want to keep more of your money to save for yourself, you better do it FAST before Obama gets in!

Posted by edintex at 08:28 PM : Jul 25, 2008
...........

Trillions of dollars have been WASTED under this administration. A REPUBLICAN administration. And I have to ask you ed, when you consider your current tax burden, do you think about the things your children need to rely on, daily, just to survive in this country.... such as:

1. A strong and sound infrastructure (roads, bridges, air traffic system, etc.)
2. A sustainable social security and Medicare system
3. Affordable college education, partially subsidized by the government

All of these things, (and more), require tax revenue from the citizens of America. And of course, with the trillions of dollars that have been wasted over the past 7+ years of the Bush regime, our taxes will need to be raised just to pay for the interest on the debt increased by Bush and his cronies.

So do you look at your tax burden as more important than your children? Because your children, and your children''s children (and the rest of us) will have to help pay for your tax cuts for many years to come.

[whitemale08]

Ron Paul is the only Republican who gets it!

He knows that if you are going to tolerate the "Federal Reserve System" then at least keep interest rates high enough to attract savings not cheap borrowing rates to increase debt.

He''s also smart enough to know that you have to at least regulate the beast not allow the Federal Reserve System to go out of control these two dummies in the White House who wanted to put the country on a "War Footing", to make it "battle hardened" to be a "War Time President".

[daysrnumbrd]

Deregulation has had the opposite and predicted affect of exposing borrowers to out of control lenders and energy markets to predators like Enron and now Goldman Sachs and their commodities speculation.

Posted by curse914 at 09:28 PM : Jul 25, 2008
............

One commentator put it very well, when it comes to deregulation:

"You give a bunch of little children some crayons, and a coloring book and instructions to go into a room and color only in the coloring book. Without ensuring that somebody is watching the children, how does one expect all those children, by themselves, to only color in the coloring book? In the end, someone has to clean up and wash the walls of all the crayon marks."

[ubrew12]

Carter had one term to deal with the Vietnam War debt that Nixon/Ford hadn''t dealt with.

He hired Paul Volker, turned down the thermostat, armed the Mujahadeen to kick the Soviets out of Afghanistan, and didn''t flinch when inflation reared its ugly head. One term presidents are hard to figure out, as far as assigning blame. I think Carter got a bad rap. His loose touch on Iran may have ''made us look weak'', but he brought home all the hostages alive. Contrast that with Reagans heavy touch in Lebanon which got 200+ Marines killed.

Its easier to blame a two-term President for the economy, etc. He''s had long enough so the legacy for his actions fall while he''s still in office. By that record, what''s happening now with mortgages and the economy would be really tough to blame on Clinton. This is Georgie Boy... all the way!

[erichsh]

So walt1944 - guess you don''t like Bush''s economic policies. Got it. whitemale''s for tax hikes and interest rate hikes. What economic policies are YOU actually FOR?

[walt1944-2009]

We all must remember the words of the recently-fired "top" economic advisor to the neocon Fascist Nazi Republican nominee for the throne in the Oval Office, "Bagdad John McBush SURGE" McCain, who flatly stated that all this bad news is imaginery, and that we should all stop our "whining" and be content to have Corporate America and BIG OIL take the shirts off our backs, and our homes while they are at it!

So when you get your foreclosure notice, remember it is all a delusion; a bad dream and don''t worry if the sherrif shows up at your front door to evict you. He is imaginery too!!!!

Words of "Wisdom"(????????) by the "learned Dr. Phil" Gramm, as relayed to us by his just as "learned" (and rich!) son, Lindsey!!!!

SIG HEIL, BUSH!!!!!
sig heil, ABSOLUTELY MORE OF THE SAME, "SURGE" McCain!!!!!

[ubrew12]

edintex said: "President Bush SHOULD NOT have signed each and every one of those loan applications "

You also shouldn''t be eating Big Macs, and coming down with Type II Diabetes in your 40s... but you do.

[erichsh]

Only Obama can save America and rescue this economy because he''s the only one with GUTS as a Democrat to raise interest rates and raise taxes on the rich!

Posted by whitemale08

Wow. Raise taxes on the "rich" and raise interest rates. Boy, that''ll whip this economy in shape, yessirree (sarcasm intended).

Actually, though, I''ll give you credit for even voicing something you think Obama might actually do or something you''re actually for. Usually the far left only blathers out screeds about how terrible Republicans are. Come to think of it, that''s about all Obama himself does.

[whitemale08]

The economy was BOOMING and SPECTACULAR IN COMPARISON TOO THE BUSH DEPRESSION OF TODAY.

Housing: 1999 was $95,000 in 2006 $300,000 inflation 300+%

Gas: 1999 was $1.12 in 2008 $4.19 inflation 400 %

Milk (gal): 1999 $2.79 in 2008 $5.12 inflation 200%

Jimmy Carter never faced inflation like that, NEVER!!!

[whitemale08]

At least Jimmy Carter and Paul Volcker were Geniuses when it came to economics. They knew the only way to WIN (Whip Inflation Now) from disastrous Nixon/Ford policies of "dollar-gold de-cuppling) was to raise interest rates to double digits.

Jimmy Carter saved America and its economy!!! you idiots!!!

Ronald Reagan had to continue Jimmy Carter''s brilliant policies for at least 1/2 of his first term before he could cut taxes!

Only Obama can save America and rescue this economy because he''s the only one with GUTS as a Democrat to raise interest rates and raise taxes on the rich!

Keep your fingers crossed that Obama gets in there before its too late!

[edintex]

President Bush SHOULD NOT have signed each and every one of those loan applications for those houses without counseling EACH ONE of the buyers about what kind of loan they are getting. SHAME ON BUSH...
I will vote for the Obama Bozo now to "change" that.

[drivelphobe]

Element51..

I consider myself a landlord, and a good one at that. My units are well kept, my tenants are considered my customers and I respect them. While most of my property is rent-controlled, which means I can raise rents every year by a government determined percentage, I often skip the increase to maintain low vacancies and reward the better tenants.

The situation you described is horrible and the "landlord" or property owner you experienced is truly the kind that makes everyone sick. I would guess that he is a foreigner, probably from the middle east.

[edintex]

What does charter then have to do with Obama now?
Posted by chalres at 08:18 PM : Jul 25, 2008

Carter, like MOST liberal democrats, usually raise taxes and increase government spending on domestic programs. John F. Kennedy was the exception. Obama and his democrat buddies have already stated that they will let the Bush tax cuts automatically expire. They wont even have to vote on it to do that.

I am upper middle income family with 4 kids. The increase from letting the Bush cuts go will add nearly $4,000 dollars too my tax bill. And that would be just the beginning in an Obama admin. with a Democrat let house and senate.
Chalres, if you work hard and want to keep more of your money to save for yourself, you better do it FAST before Obama gets in!

[edintex]

you want me, an independent to vote for McShame. WHAT? Go Mr. Obama.
Posted by chalres at 08:06 PM : Jul 25, 2008

How many times did you have to crank that $100 laptop charging handle to be able to write SO many words of wisdom?
McCain is not a real republican. He seems to be a little scatter minded too.
Ron Paul is a nut case, so he is out.
Obama has less than 2 years of political experience and has NEVER GOVERNED ANYTHING and will preside over the quickest and biggest tax hikes ever if he makes it.
So WHAT CHOICES does a REAL middle income family man really have that will benefit his family, or in the very least not HURT his family?

I probably could live with Hillary as president. She and Condoleeza Rice as VP would make an AWESOME team!!!!

[chalres-2009]

edintex All I am saying to you guys is that yea I agree Carter had to go. He Sucked....... How do you not see the same results with GEORGE BUSH. What does charter then have to do with Obama now?

[edintex]

This headline is about what results when RepubliCONs are in power....
Posted by tryhonesty at 06:28 PM : Jul 25, 2008

Yeah, I long for the "good ole Carter days" of high inflation (21 percent loans on houses), or heck, even those awesome Clinton days when I just could NOT pay enough taxes! My GOSH those were the days...

[chalres-2009]

To all of you conservatives. All I have to say is thanks. You guys have been running thing since 1994, the CONTRACT ON AMERICA and Newt GingRICH (except for the last year). You tied Bills hands with *** trials and accused him of wagging the dog when he went after al-quaeda in Somalia. You have ignored the criminal Bush administration, when they did things such as ignoring the warnings of 911, embellishing their way into war with Iraq, leaking National security information, giving us untold economic devastation (look at your investments), and on and on. Now you want me, an independent to vote for McShame. WHAT? Go Mr. Obama.

[edintex]

President Bush SHOULD NOT have signed each and every one of those loan applications for those houses without counseling EACH ONE of the buyers about what kind of loan they are getting. SHAME ON BUSH...
I will vote for the Obama Bozo now to "change" that.

[payasyougo]

"I thought republicans stood for smaller government and less taxes. The fat, bloated, bureaucratic mess they''''re leaving behind is incredible."
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Voting someone into office based on what they say they will do vs. actually seeing them follow through with their promisses has clearly been an issue on the conservative side.

It is clear now that only lobbyists, not the tax paying public, have a say in washington.