Bernanke pushes government help to curb foreclosures

[TheBreeze]

Bernake’s all about privatizing the profits and socializing the losses.

[NotCranky]

Bernanke’s all about privatizing the profits and socializing the losses.

He better be careful or he is going to socialize some anarchy.

[NotCranky]

Bernanke’s all about privatizing the profits and socializing the losses.

He better be careful or he is going to socialize some anarchy.

[NotCranky]

Bernanke’s all about privatizing the profits and socializing the losses.

He better be careful or he is going to socialize some anarchy.

[NotCranky]

Bernanke’s all about privatizing the profits and socializing the losses.

He better be careful or he is going to socialize some anarchy.

[NotCranky]

Bernanke’s all about privatizing the profits and socializing the losses.

He better be careful or he is going to socialize some anarchy.

[Diego Mamani]

I’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).

Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.

Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.

[Diego Mamani]

I’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).

Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.

Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.

[Diego Mamani]

I’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).

Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.

Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.

[Diego Mamani]

I’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).

Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.

Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.

[Diego Mamani]

I’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).

Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.

Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.

[j]

Of course values are going to go down, because people paid too much. The Values are going to go down to what they should be. Government intervention will only artificially inflate values, causing harm to the young and driving them out of the over priced cities like San Diego. That will eventually hurt those cities as their work forces leave for affordable housing. Look at the decline in school enrollment in San Diego over the last 5 years.

[j]

Of course values are going to go down, because people paid too much. The Values are going to go down to what they should be. Government intervention will only artificially inflate values, causing harm to the young and driving them out of the over priced cities like San Diego. That will eventually hurt those cities as their work forces leave for affordable housing. Look at the decline in school enrollment in San Diego over the last 5 years.

[j]

Of course values are going to go down, because people paid too much. The Values are going to go down to what they should be. Government intervention will only artificially inflate values, causing harm to the young and driving them out of the over priced cities like San Diego. That will eventually hurt those cities as their work forces leave for affordable housing. Look at the decline in school enrollment in San Diego over the last 5 years.

[j]

Of course values are going to go down, because people paid too much. The Values are going to go down to what they should be. Government intervention will only artificially inflate values, causing harm to the young and driving them out of the over priced cities like San Diego. That will eventually hurt those cities as their work forces leave for affordable housing. Look at the decline in school enrollment in San Diego over the last 5 years.

[Author]

Posts