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April 1, 2008 at 10:23 AM #179667April 1, 2008 at 10:41 AM #179218University City RenterParticipant
This was proposed by the Democrats right? With the power of veto and 2/3 majority to overtern it needed, do you think it will get passed as is, passed only if some minor changes are made, major changes are made, or it doesn’t have a chance at all to get passed?
April 1, 2008 at 10:41 AM #179583University City RenterParticipantThis was proposed by the Democrats right? With the power of veto and 2/3 majority to overtern it needed, do you think it will get passed as is, passed only if some minor changes are made, major changes are made, or it doesn’t have a chance at all to get passed?
April 1, 2008 at 10:41 AM #179589University City RenterParticipantThis was proposed by the Democrats right? With the power of veto and 2/3 majority to overtern it needed, do you think it will get passed as is, passed only if some minor changes are made, major changes are made, or it doesn’t have a chance at all to get passed?
April 1, 2008 at 10:41 AM #179600University City RenterParticipantThis was proposed by the Democrats right? With the power of veto and 2/3 majority to overtern it needed, do you think it will get passed as is, passed only if some minor changes are made, major changes are made, or it doesn’t have a chance at all to get passed?
April 1, 2008 at 10:41 AM #179677University City RenterParticipantThis was proposed by the Democrats right? With the power of veto and 2/3 majority to overtern it needed, do you think it will get passed as is, passed only if some minor changes are made, major changes are made, or it doesn’t have a chance at all to get passed?
April 1, 2008 at 10:44 AM #179222EugeneParticipantThe only people who don’t benefit are the taxpayers, who are exposed to (somewhat lessened) risk of the FB defaulting again, without any prospects for any gain.
If this bailout works through FHA system, banks would probably pay some up-front fees for FHA insurance. So it would not be a one-way street for taxpayer money.
Reducing loan amount below market value would significantly reduce the likelihood of default.
April 1, 2008 at 10:44 AM #179588EugeneParticipantThe only people who don’t benefit are the taxpayers, who are exposed to (somewhat lessened) risk of the FB defaulting again, without any prospects for any gain.
If this bailout works through FHA system, banks would probably pay some up-front fees for FHA insurance. So it would not be a one-way street for taxpayer money.
Reducing loan amount below market value would significantly reduce the likelihood of default.
April 1, 2008 at 10:44 AM #179593EugeneParticipantThe only people who don’t benefit are the taxpayers, who are exposed to (somewhat lessened) risk of the FB defaulting again, without any prospects for any gain.
If this bailout works through FHA system, banks would probably pay some up-front fees for FHA insurance. So it would not be a one-way street for taxpayer money.
Reducing loan amount below market value would significantly reduce the likelihood of default.
April 1, 2008 at 10:44 AM #179605EugeneParticipantThe only people who don’t benefit are the taxpayers, who are exposed to (somewhat lessened) risk of the FB defaulting again, without any prospects for any gain.
If this bailout works through FHA system, banks would probably pay some up-front fees for FHA insurance. So it would not be a one-way street for taxpayer money.
Reducing loan amount below market value would significantly reduce the likelihood of default.
April 1, 2008 at 10:44 AM #179682EugeneParticipantThe only people who don’t benefit are the taxpayers, who are exposed to (somewhat lessened) risk of the FB defaulting again, without any prospects for any gain.
If this bailout works through FHA system, banks would probably pay some up-front fees for FHA insurance. So it would not be a one-way street for taxpayer money.
Reducing loan amount below market value would significantly reduce the likelihood of default.
April 1, 2008 at 11:30 AM #179252DWCAPParticipantThe democrats tried to get something like this going before their break a few weeks ago. The Reb’s were having none of it in the senate and they have enough votes to kill it if necessary. That being said, the banks, the bleeding heart types, the relators, the builders, the Wall Steet investment houses and certain portions of the media are turning up the heat on everyone to do something. Remember, this is an election year and nobody wants to be seen as lazy or cruel. So something will get passed. This? maybe not, but something similar. Maybe itll have a cap, where only people who have a conforming loan will qualify. That would still hurt the bubble zones while turning around Detriots problems. The Banks can survive the bubble zones popping, they could survive the rust belt colapse, they can survive the current “crunch” we are in. They cant survive all three at once. (the rep’s care about the banks)
April 1, 2008 at 11:30 AM #179619DWCAPParticipantThe democrats tried to get something like this going before their break a few weeks ago. The Reb’s were having none of it in the senate and they have enough votes to kill it if necessary. That being said, the banks, the bleeding heart types, the relators, the builders, the Wall Steet investment houses and certain portions of the media are turning up the heat on everyone to do something. Remember, this is an election year and nobody wants to be seen as lazy or cruel. So something will get passed. This? maybe not, but something similar. Maybe itll have a cap, where only people who have a conforming loan will qualify. That would still hurt the bubble zones while turning around Detriots problems. The Banks can survive the bubble zones popping, they could survive the rust belt colapse, they can survive the current “crunch” we are in. They cant survive all three at once. (the rep’s care about the banks)
April 1, 2008 at 11:30 AM #179623DWCAPParticipantThe democrats tried to get something like this going before their break a few weeks ago. The Reb’s were having none of it in the senate and they have enough votes to kill it if necessary. That being said, the banks, the bleeding heart types, the relators, the builders, the Wall Steet investment houses and certain portions of the media are turning up the heat on everyone to do something. Remember, this is an election year and nobody wants to be seen as lazy or cruel. So something will get passed. This? maybe not, but something similar. Maybe itll have a cap, where only people who have a conforming loan will qualify. That would still hurt the bubble zones while turning around Detriots problems. The Banks can survive the bubble zones popping, they could survive the rust belt colapse, they can survive the current “crunch” we are in. They cant survive all three at once. (the rep’s care about the banks)
April 1, 2008 at 11:30 AM #179635DWCAPParticipantThe democrats tried to get something like this going before their break a few weeks ago. The Reb’s were having none of it in the senate and they have enough votes to kill it if necessary. That being said, the banks, the bleeding heart types, the relators, the builders, the Wall Steet investment houses and certain portions of the media are turning up the heat on everyone to do something. Remember, this is an election year and nobody wants to be seen as lazy or cruel. So something will get passed. This? maybe not, but something similar. Maybe itll have a cap, where only people who have a conforming loan will qualify. That would still hurt the bubble zones while turning around Detriots problems. The Banks can survive the bubble zones popping, they could survive the rust belt colapse, they can survive the current “crunch” we are in. They cant survive all three at once. (the rep’s care about the banks)
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