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SD Realtor
ParticipantThat is the thing. I am not democrat or republican but I marvel at those who defend each party simply because they think that this is the best we can do. SK you seem to be plenty satisfied with guys like Frank and Dodd and others like them. It doesn’t matter to me which party they belong to. I woul dpresume if Frank was not a democrat you guys would be all over him.
No Fannie and Freddie are not the reasons for the crash.
However this is what it all boils down to:
Quote from CAR:
“Everybody in power knew, and they knew exactly how this game was going to end (govt bailouts which would result in even more wealth for themselves, while the taxpayers and J6 would be screwed for life).”
So you are going to put a burden of me going on to find the hard evidence of this. They all knew. Frank knew, republicans knew, democrats knew, Roubini knew, they all did. The entire system is so horribly corrupt with lobby and greed that it is a joke. The really sad thing is people who are satisfied with it, who defend those who participated in it, and continue to support those criminals.
I do not.
If it means throwing away my vote for guys like Paul and other fringe types so be it.
You continue your defense for those who WERE IN POSITIONS OF AUTHORITY while it all went down.
ParticipantThat is the thing. I am not democrat or republican but I marvel at those who defend each party simply because they think that this is the best we can do. SK you seem to be plenty satisfied with guys like Frank and Dodd and others like them. It doesn’t matter to me which party they belong to. I woul dpresume if Frank was not a democrat you guys would be all over him.
No Fannie and Freddie are not the reasons for the crash.
However this is what it all boils down to:
Quote from CAR:
“Everybody in power knew, and they knew exactly how this game was going to end (govt bailouts which would result in even more wealth for themselves, while the taxpayers and J6 would be screwed for life).”
So you are going to put a burden of me going on to find the hard evidence of this. They all knew. Frank knew, republicans knew, democrats knew, Roubini knew, they all did. The entire system is so horribly corrupt with lobby and greed that it is a joke. The really sad thing is people who are satisfied with it, who defend those who participated in it, and continue to support those criminals.
I do not.
If it means throwing away my vote for guys like Paul and other fringe types so be it.
You continue your defense for those who WERE IN POSITIONS OF AUTHORITY while it all went down.
ParticipantThat is the thing. I am not democrat or republican but I marvel at those who defend each party simply because they think that this is the best we can do. SK you seem to be plenty satisfied with guys like Frank and Dodd and others like them. It doesn’t matter to me which party they belong to. I woul dpresume if Frank was not a democrat you guys would be all over him.
No Fannie and Freddie are not the reasons for the crash.
However this is what it all boils down to:
Quote from CAR:
“Everybody in power knew, and they knew exactly how this game was going to end (govt bailouts which would result in even more wealth for themselves, while the taxpayers and J6 would be screwed for life).”
So you are going to put a burden of me going on to find the hard evidence of this. They all knew. Frank knew, republicans knew, democrats knew, Roubini knew, they all did. The entire system is so horribly corrupt with lobby and greed that it is a joke. The really sad thing is people who are satisfied with it, who defend those who participated in it, and continue to support those criminals.
I do not.
If it means throwing away my vote for guys like Paul and other fringe types so be it.
You continue your defense for those who WERE IN POSITIONS OF AUTHORITY while it all went down.
ParticipantIf they physically cannot move then they cannot move. Not much that can be done there.
If you can indeed show documented costs that you have incurred due to the sellers defaulting on the close of escrow date then you should be able to get an addendum signed that will charge them for the rent back and recoup you the dollars that you lost pushing the date out. If they do not agree to pay then you can try to recoup costs in court after escrow closes as well. Technically once escrow closes the home is yours and you can start eviction proceedings. However I think you will find that going that route is not going to help you much.
My advice would be to be cooperative with a firm understanding that the sellers will recoup your costs in one way or another.
ParticipantIf they physically cannot move then they cannot move. Not much that can be done there.
If you can indeed show documented costs that you have incurred due to the sellers defaulting on the close of escrow date then you should be able to get an addendum signed that will charge them for the rent back and recoup you the dollars that you lost pushing the date out. If they do not agree to pay then you can try to recoup costs in court after escrow closes as well. Technically once escrow closes the home is yours and you can start eviction proceedings. However I think you will find that going that route is not going to help you much.
My advice would be to be cooperative with a firm understanding that the sellers will recoup your costs in one way or another.
ParticipantIf they physically cannot move then they cannot move. Not much that can be done there.
If you can indeed show documented costs that you have incurred due to the sellers defaulting on the close of escrow date then you should be able to get an addendum signed that will charge them for the rent back and recoup you the dollars that you lost pushing the date out. If they do not agree to pay then you can try to recoup costs in court after escrow closes as well. Technically once escrow closes the home is yours and you can start eviction proceedings. However I think you will find that going that route is not going to help you much.
My advice would be to be cooperative with a firm understanding that the sellers will recoup your costs in one way or another.
ParticipantIf they physically cannot move then they cannot move. Not much that can be done there.
If you can indeed show documented costs that you have incurred due to the sellers defaulting on the close of escrow date then you should be able to get an addendum signed that will charge them for the rent back and recoup you the dollars that you lost pushing the date out. If they do not agree to pay then you can try to recoup costs in court after escrow closes as well. Technically once escrow closes the home is yours and you can start eviction proceedings. However I think you will find that going that route is not going to help you much.
My advice would be to be cooperative with a firm understanding that the sellers will recoup your costs in one way or another.
ParticipantIf they physically cannot move then they cannot move. Not much that can be done there.
If you can indeed show documented costs that you have incurred due to the sellers defaulting on the close of escrow date then you should be able to get an addendum signed that will charge them for the rent back and recoup you the dollars that you lost pushing the date out. If they do not agree to pay then you can try to recoup costs in court after escrow closes as well. Technically once escrow closes the home is yours and you can start eviction proceedings. However I think you will find that going that route is not going to help you much.
My advice would be to be cooperative with a firm understanding that the sellers will recoup your costs in one way or another.
Participant“The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn’t bail them out.”
Barney Frank in 2003 in his opposition to regulatory initiatives of the GSEs…
http://www.taxfoundation.org/blog/show/23617.html
****************
More on Frank…
“Then in October of 2003 Frank said ”he worried the Treasury Department “would sacrifice activities that are good for consumers in the name of lowering the companies’ market risks.” When Republicans introduced a bill to Congress in 2005 to regulate Fannie Mae democrats led by Barney Frank and Chris Dodd killed the bill which ultimately led to the collapse of the housing market and eventually sent the country into a recession.”
Participant“The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn’t bail them out.”
Barney Frank in 2003 in his opposition to regulatory initiatives of the GSEs…
http://www.taxfoundation.org/blog/show/23617.html
****************
More on Frank…
“Then in October of 2003 Frank said ”he worried the Treasury Department “would sacrifice activities that are good for consumers in the name of lowering the companies’ market risks.” When Republicans introduced a bill to Congress in 2005 to regulate Fannie Mae democrats led by Barney Frank and Chris Dodd killed the bill which ultimately led to the collapse of the housing market and eventually sent the country into a recession.”
Participant“The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn’t bail them out.”
Barney Frank in 2003 in his opposition to regulatory initiatives of the GSEs…
http://www.taxfoundation.org/blog/show/23617.html
****************
More on Frank…
“Then in October of 2003 Frank said ”he worried the Treasury Department “would sacrifice activities that are good for consumers in the name of lowering the companies’ market risks.” When Republicans introduced a bill to Congress in 2005 to regulate Fannie Mae democrats led by Barney Frank and Chris Dodd killed the bill which ultimately led to the collapse of the housing market and eventually sent the country into a recession.”
Participant“The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn’t bail them out.”
Barney Frank in 2003 in his opposition to regulatory initiatives of the GSEs…
http://www.taxfoundation.org/blog/show/23617.html
****************
More on Frank…
“Then in October of 2003 Frank said ”he worried the Treasury Department “would sacrifice activities that are good for consumers in the name of lowering the companies’ market risks.” When Republicans introduced a bill to Congress in 2005 to regulate Fannie Mae democrats led by Barney Frank and Chris Dodd killed the bill which ultimately led to the collapse of the housing market and eventually sent the country into a recession.”
Participant“The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn’t bail them out.”
Barney Frank in 2003 in his opposition to regulatory initiatives of the GSEs…
http://www.taxfoundation.org/blog/show/23617.html
****************
More on Frank…
“Then in October of 2003 Frank said ”he worried the Treasury Department “would sacrifice activities that are good for consumers in the name of lowering the companies’ market risks.” When Republicans introduced a bill to Congress in 2005 to regulate Fannie Mae democrats led by Barney Frank and Chris Dodd killed the bill which ultimately led to the collapse of the housing market and eventually sent the country into a recession.”
ParticipantYou know what, you stick with your guy Barney Frank, and guys like Ddd and Schumer. Things have been great under their responsible leadership. Of course none of it was their fault and it was all due to Bush correct! You got it man, they can do no wrong!
Yeah alot of smart people didn’t see the bubble coming so I guess guys like us who were posting about it in 06 are the smartest guys in the world.
You really think he didn’t see it coming?
Really do you HONESTLY believe that deep down?
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