The White House Freezing Loans for 5-Years

[LostCat]

Driving in to work this AM, I heard on the 94.9 news that Pres Bush annouced that the Govt is working on a deal that would freeze all adjustable rate loans for 5 years. The conditions are:

1) Must have made all payments to date on the existing loan
2) wouldn’t be able to afford the loan if it adjusted

Has anyone else heard about this? Why would our govt do this? Isn’t the republican party in support of less govt and letting the market run it’s own path?

[kev374]

looks like communism is alive and well in the US of A

[kev374]

looks like communism is alive and well in the US of A

[kev374]

looks like communism is alive and well in the US of A

[kev374]

looks like communism is alive and well in the US of A

[kev374]

looks like communism is alive and well in the US of A

[NotCranky]

Has anyone else heard about this? Why would our govt do this? Isn’t the republican party in support of less govt and letting the market run it’s own path?

It is called Fat Cat capitalism. The socialist aspects coming from this party are just a result of trickle down economic theory. Ketchup is a vegetable too.

[NotCranky]

Has anyone else heard about this? Why would our govt do this? Isn’t the republican party in support of less govt and letting the market run it’s own path?

It is called Fat Cat capitalism. The socialist aspects coming from this party are just a result of trickle down economic theory. Ketchup is a vegetable too.

[NotCranky]

Has anyone else heard about this? Why would our govt do this? Isn’t the republican party in support of less govt and letting the market run it’s own path?

It is called Fat Cat capitalism. The socialist aspects coming from this party are just a result of trickle down economic theory. Ketchup is a vegetable too.

[NotCranky]

Has anyone else heard about this? Why would our govt do this? Isn’t the republican party in support of less govt and letting the market run it’s own path?

It is called Fat Cat capitalism. The socialist aspects coming from this party are just a result of trickle down economic theory. Ketchup is a vegetable too.

[NotCranky]

Has anyone else heard about this? Why would our govt do this? Isn’t the republican party in support of less govt and letting the market run it’s own path?

It is called Fat Cat capitalism. The socialist aspects coming from this party are just a result of trickle down economic theory. Ketchup is a vegetable too.

[GoUSC]

I stick to my initial thoughts that we are throwing out 200 years of contract law with this. Law that is IN THE CONSTITUTION. Wow this is really going to be bad.

[GoUSC]

I stick to my initial thoughts that we are throwing out 200 years of contract law with this. Law that is IN THE CONSTITUTION. Wow this is really going to be bad.

[GoUSC]

I stick to my initial thoughts that we are throwing out 200 years of contract law with this. Law that is IN THE CONSTITUTION. Wow this is really going to be bad.

[GoUSC]

I stick to my initial thoughts that we are throwing out 200 years of contract law with this. Law that is IN THE CONSTITUTION. Wow this is really going to be bad.

[Author]

Posts