nobull

Some Want More Government in Housing

well! actually suckers cant be choosers. All the suckers who voted for the great revolutionary O - and the Castro in a suit hasnt disappointed.

Obama's Homeowner Stability Plan: How Helpful Will It Be?

Obama, Sheila Bair...all doling out our money for their self-glorification. Shameful! Have already gone over a million times why it does zero for the economy. Too disgusted to write more.

The Amazing Growing Mortgage Relief Plan

Another stupid welfare plan from an overrated Pres. So they bail out all the gamblers and liars. What next? How does this help the economy? Meanwhile the genius claims its "too expensive" to give a 15K tax break to new buyers which would actually bring money into the economy.

Homeowner Affordability and Stability Plan: Is It Really Good for Everyone?

if the lenders did something illegal...go after them. But what's that got to do with giving away my hard-earned money for other people's houses?


On Feb 19 07:00 AM James Wilson wrote:

> I would agree except for one thing.
> The Predatory Lenders that the Bush Adminstration allowed to operate
> around the country when the Adminstration took states to court to
> prevent them from using Consumer Protection laws to stop the loans.

Homeowner Affordability and Stability Plan: Is It Really Good for Everyone?

Besides the moral disgust, what exactly is the point of this plan? How does this help the economy in anyway? All he accomplished is erase losses of a few gamblers. Housing is stalled because its overpriced. This will not create demand nor bring money into the system. What's desperately needed is new money in the economy. But acc to genius Obama, a 15K tax break for new buyers would be "too expensive". But its ok to throw 275B on a worthless program that rewards the people who caused the problem.

Little House on PIMCO’s Prairie

I have never found PIMCO to be credible or ethical. They have constantly used CNBC to drum up support for interest rates as convenient to their own holdings. Bill Gross is a crook in that regard. He made a ton of money by being right once a long time ago. Since then he's been consistently wrong and dangerous in his "advice".

Are Home Prices Still Too High?

The forced loan modifications by judges is what scares and disgusts me the most. Thats worse than Russia. People who jumped into houses with no risk had the option of walking away from a loss and sticking the bank with the loss with the loss. As if that wasnt bad enough, now they also get rewarded for it.

Solve the Housing Crisis by Rewarding the Prudent

Amen!
Propping up homes going into foreclosure is the stupidest idea - dosent help the market one bit. Best thing is to speed up foreclosures and make the market attractive to the buyers waiting on the sidelines. Also these better capitalized and qualified buyers will put more money into improvements and upkeep, helping other aspects of the eonomy.