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kicksavedave
ParticipantBattiata was on NPR about two months ago, touting the state of the RE market and opining that loan modifications simply don’t work, that 98% of applicants don’t qualify for any loan mod, and that 95% of loan modification outfits are simply scams or fraudsters.
Singing a different tune now?
ParticipantBattiata was on NPR about two months ago, touting the state of the RE market and opining that loan modifications simply don’t work, that 98% of applicants don’t qualify for any loan mod, and that 95% of loan modification outfits are simply scams or fraudsters.
Singing a different tune now?
ParticipantBattiata was on NPR about two months ago, touting the state of the RE market and opining that loan modifications simply don’t work, that 98% of applicants don’t qualify for any loan mod, and that 95% of loan modification outfits are simply scams or fraudsters.
Singing a different tune now?
ParticipantBattiata was on NPR about two months ago, touting the state of the RE market and opining that loan modifications simply don’t work, that 98% of applicants don’t qualify for any loan mod, and that 95% of loan modification outfits are simply scams or fraudsters.
Singing a different tune now?
ParticipantBack to the premise of the OP, so lets see how this works:
We, the taxpayers (controlled by the Govt), lend trajillions to the banks, and call it “TARP”, in theory to help stablize the economy by restarting seized up lending.
The banks are, in theory at least, supposed to pay this money back to us, the taxpayers, once they get out of the woods, so that they can go back to paying their CEO’s millions.
Some moron decides that since he doesn’t like the premise of loaning the banks money, we should all boycott the banks, shutting them down, so that no more money ever gets lent by us, the taxpayers (controlled by the Govt) to anymore banks. I suppose some people think never lending money again, is better than being paid back for the first loan you make?
Talk about irony missed?
ParticipantBack to the premise of the OP, so lets see how this works:
We, the taxpayers (controlled by the Govt), lend trajillions to the banks, and call it “TARP”, in theory to help stablize the economy by restarting seized up lending.
The banks are, in theory at least, supposed to pay this money back to us, the taxpayers, once they get out of the woods, so that they can go back to paying their CEO’s millions.
Some moron decides that since he doesn’t like the premise of loaning the banks money, we should all boycott the banks, shutting them down, so that no more money ever gets lent by us, the taxpayers (controlled by the Govt) to anymore banks. I suppose some people think never lending money again, is better than being paid back for the first loan you make?
Talk about irony missed?
ParticipantBack to the premise of the OP, so lets see how this works:
We, the taxpayers (controlled by the Govt), lend trajillions to the banks, and call it “TARP”, in theory to help stablize the economy by restarting seized up lending.
The banks are, in theory at least, supposed to pay this money back to us, the taxpayers, once they get out of the woods, so that they can go back to paying their CEO’s millions.
Some moron decides that since he doesn’t like the premise of loaning the banks money, we should all boycott the banks, shutting them down, so that no more money ever gets lent by us, the taxpayers (controlled by the Govt) to anymore banks. I suppose some people think never lending money again, is better than being paid back for the first loan you make?
Talk about irony missed?
ParticipantBack to the premise of the OP, so lets see how this works:
We, the taxpayers (controlled by the Govt), lend trajillions to the banks, and call it “TARP”, in theory to help stablize the economy by restarting seized up lending.
The banks are, in theory at least, supposed to pay this money back to us, the taxpayers, once they get out of the woods, so that they can go back to paying their CEO’s millions.
Some moron decides that since he doesn’t like the premise of loaning the banks money, we should all boycott the banks, shutting them down, so that no more money ever gets lent by us, the taxpayers (controlled by the Govt) to anymore banks. I suppose some people think never lending money again, is better than being paid back for the first loan you make?
Talk about irony missed?
ParticipantBack to the premise of the OP, so lets see how this works:
We, the taxpayers (controlled by the Govt), lend trajillions to the banks, and call it “TARP”, in theory to help stablize the economy by restarting seized up lending.
The banks are, in theory at least, supposed to pay this money back to us, the taxpayers, once they get out of the woods, so that they can go back to paying their CEO’s millions.
Some moron decides that since he doesn’t like the premise of loaning the banks money, we should all boycott the banks, shutting them down, so that no more money ever gets lent by us, the taxpayers (controlled by the Govt) to anymore banks. I suppose some people think never lending money again, is better than being paid back for the first loan you make?
Talk about irony missed?
ParticipantI would almost prefer that we took the $200B and gave it directly to the newly unemployed workers after we let those terrible car companies simply dissolve, than waste it completely by giving it to their management, virtually all of whom are incompetent. Let the individuals use it for retraining, to move out of Detroit, or to build their bunker in the hills. But don’t squander it by giving it to management.
ParticipantI would almost prefer that we took the $200B and gave it directly to the newly unemployed workers after we let those terrible car companies simply dissolve, than waste it completely by giving it to their management, virtually all of whom are incompetent. Let the individuals use it for retraining, to move out of Detroit, or to build their bunker in the hills. But don’t squander it by giving it to management.
ParticipantI would almost prefer that we took the $200B and gave it directly to the newly unemployed workers after we let those terrible car companies simply dissolve, than waste it completely by giving it to their management, virtually all of whom are incompetent. Let the individuals use it for retraining, to move out of Detroit, or to build their bunker in the hills. But don’t squander it by giving it to management.
ParticipantI would almost prefer that we took the $200B and gave it directly to the newly unemployed workers after we let those terrible car companies simply dissolve, than waste it completely by giving it to their management, virtually all of whom are incompetent. Let the individuals use it for retraining, to move out of Detroit, or to build their bunker in the hills. But don’t squander it by giving it to management.
ParticipantI would almost prefer that we took the $200B and gave it directly to the newly unemployed workers after we let those terrible car companies simply dissolve, than waste it completely by giving it to their management, virtually all of whom are incompetent. Let the individuals use it for retraining, to move out of Detroit, or to build their bunker in the hills. But don’t squander it by giving it to management.
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