The heck of new senate bill – pros n cons

[tc]

I might be confused but didn’t Ron Paul say 19% of our taxes goes to paying interest. And Bernanke replied that they had already done the math for 100% of governement spending going toward repayment of interest. Why would they be trying to figure out just how much they can bleed the people? Why can’t we all just live within our means? The people of this country are being brainwashed into thinking material possesion equals happiness.

[jonnycsd]

Am I missing something here? This seems like a drop in the bucket – $4 billion in grants against against many hundreds of $billions in write downs so far (and more to come!).

And a $7K tax credit for buyers of foreclosed properties – hell that will hardly pay for new carpet and landscaping. This is just a little grease for the people who are sitting on the sidelines waiting to buy. It is a $7K gift to every Piggington waiting to buy.

Sounds to me like the senate is going to let the market take its course. Might as well be giving lenders the finger and basically telling them to F.O.

What am I missing?

[jonnycsd]

Am I missing something here? This seems like a drop in the bucket – $4 billion in grants against against many hundreds of $billions in write downs so far (and more to come!).

And a $7K tax credit for buyers of foreclosed properties – hell that will hardly pay for new carpet and landscaping. This is just a little grease for the people who are sitting on the sidelines waiting to buy. It is a $7K gift to every Piggington waiting to buy.

Sounds to me like the senate is going to let the market take its course. Might as well be giving lenders the finger and basically telling them to F.O.

What am I missing?

[jonnycsd]

Am I missing something here? This seems like a drop in the bucket – $4 billion in grants against against many hundreds of $billions in write downs so far (and more to come!).

And a $7K tax credit for buyers of foreclosed properties – hell that will hardly pay for new carpet and landscaping. This is just a little grease for the people who are sitting on the sidelines waiting to buy. It is a $7K gift to every Piggington waiting to buy.

Sounds to me like the senate is going to let the market take its course. Might as well be giving lenders the finger and basically telling them to F.O.

What am I missing?

[jonnycsd]

Am I missing something here? This seems like a drop in the bucket – $4 billion in grants against against many hundreds of $billions in write downs so far (and more to come!).

And a $7K tax credit for buyers of foreclosed properties – hell that will hardly pay for new carpet and landscaping. This is just a little grease for the people who are sitting on the sidelines waiting to buy. It is a $7K gift to every Piggington waiting to buy.

Sounds to me like the senate is going to let the market take its course. Might as well be giving lenders the finger and basically telling them to F.O.

What am I missing?

[jonnycsd]

Am I missing something here? This seems like a drop in the bucket – $4 billion in grants against against many hundreds of $billions in write downs so far (and more to come!).

And a $7K tax credit for buyers of foreclosed properties – hell that will hardly pay for new carpet and landscaping. This is just a little grease for the people who are sitting on the sidelines waiting to buy. It is a $7K gift to every Piggington waiting to buy.

Sounds to me like the senate is going to let the market take its course. Might as well be giving lenders the finger and basically telling them to F.O.

What am I missing?

[nostradamus]

With the forum topic title I thought for sure it was posted by Borat. Where is you?

[nostradamus]

With the forum topic title I thought for sure it was posted by Borat. Where is you?

[nostradamus]

With the forum topic title I thought for sure it was posted by Borat. Where is you?

[nostradamus]

With the forum topic title I thought for sure it was posted by Borat. Where is you?

[nostradamus]

With the forum topic title I thought for sure it was posted by Borat. Where is you?

[SD Realtor]

johnny the feds are preparing 300 billion and that is just the first pass at the program. That is a little bit more then a drop in the bucket to me. That is 300 billion that the FHA will have to federally insure reworked mortgages. Taxpayer money my friend. Don’t think for a minute that they won’t throw more money at the problem.

SD Realtor

[SD Realtor]

johnny the feds are preparing 300 billion and that is just the first pass at the program. That is a little bit more then a drop in the bucket to me. That is 300 billion that the FHA will have to federally insure reworked mortgages. Taxpayer money my friend. Don’t think for a minute that they won’t throw more money at the problem.

SD Realtor

[SD Realtor]

johnny the feds are preparing 300 billion and that is just the first pass at the program. That is a little bit more then a drop in the bucket to me. That is 300 billion that the FHA will have to federally insure reworked mortgages. Taxpayer money my friend. Don’t think for a minute that they won’t throw more money at the problem.

SD Realtor

[SD Realtor]

johnny the feds are preparing 300 billion and that is just the first pass at the program. That is a little bit more then a drop in the bucket to me. That is 300 billion that the FHA will have to federally insure reworked mortgages. Taxpayer money my friend. Don’t think for a minute that they won’t throw more money at the problem.

SD Realtor

[Author]

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