Elizabeth Warren Highlights Washington's Losing Housing Battle [View article]
To say that this was done as a way for main street to afford a house is ignorance to the max. Look at who was pushing for de-regulation and you will see why all these "affordable housing" programs were created for. Also, look at who benefits the most by all these remedial "save the home" programs. Also, look at who is having "record earnings" to see who is benefiting the most of. Also, look at who bought the most congressmen in the financial committees. The answer to all of those questions is: The to big to fail CEOs.
On Oct 11 08:45 AM Tack wrote:
> Davidbdc: > > You're right on the money. > > Washington liberals encouraged, legislated and provided the means > for vast lending to unqualified buyers, all in its usual vote-getting > shenanigans. Now, that it's become clear that they inadvertently > screwed those very same voters by inducing them to buy homes they > had no genuine ability to afford, the politicians have to cobble > together a huge giveaway program (funded by the prudent, of course) > to try to save the very same voting block they duped the first time > around.
Ah the irony it took an African American president to turn so many Americans into 'indentured servant'. If this doesn't have all the makings of a "let them eat cake" from the public I don't know what it does. To be honest I voted for him because of the "change" thing. All the change I see, however, is the few coins I will be left with when his presidency ends (hopefully single term)
On Jul 15 11:15 AM ecliptix543 wrote:
> "Obama's plan will make us beholden to the Financial Warlords in > everyway, we will be debt ridden, renters with no jobs and low incomes, > with weekly hours down to 33 per week and average wages dropping. > America is about to change into a serfdom." > > This very well seems to be the general plan, does it not? Redefine > the term 'citizen' to actually mean 'indentured servant', and this > country starts to make a whole lot more sense. Contacting our representatives > is useless and our States' governments are so financially castrated > so as not to oppose the Feds for fear of losing out on the next bailout... > It's either we stand up and fight this or we just roll over and let > them destroy this nation. Pick one.
Elizabeth Warren Highlights Washington's Losing Housing Battle [View article]
On Oct 11 08:45 AM Tack wrote:
> Davidbdc:
>
> You're right on the money.
>
> Washington liberals encouraged, legislated and provided the means
> for vast lending to unqualified buyers, all in its usual vote-getting
> shenanigans. Now, that it's become clear that they inadvertently
> screwed those very same voters by inducing them to buy homes they
> had no genuine ability to afford, the politicians have to cobble
> together a huge giveaway program (funded by the prudent, of course)
> to try to save the very same voting block they duped the first time
> around.
U.S. Housing: Are Better Days Ahead? [View article]
Housing Bubble, The Sequel [View article]
On Jul 15 11:15 AM ecliptix543 wrote:
> "Obama's plan will make us beholden to the Financial Warlords in
> everyway, we will be debt ridden, renters with no jobs and low incomes,
> with weekly hours down to 33 per week and average wages dropping.
> America is about to change into a serfdom."
>
> This very well seems to be the general plan, does it not? Redefine
> the term 'citizen' to actually mean 'indentured servant', and this
> country starts to make a whole lot more sense. Contacting our representatives
> is useless and our States' governments are so financially castrated
> so as not to oppose the Feds for fear of losing out on the next bailout...
> It's either we stand up and fight this or we just roll over and let
> them destroy this nation. Pick one.
What the Homebuilders Are Telling Us [View article]
Why the Housing Bill Won't Help the Housing Market [View article]
Housing: Barron's Calls a Bottom [View article]
Home Prices Continue Their Descent [View article]
With all these great news no wonder builders are all up today ;)