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Menendez and Boxer Want ANOTHER Gov't Mortgage Refi Program
Confounded Interest ^
| Anthony B. Sanders
Posted on 01/29/2013 8:26:49 AM PST by whitedog57
Senators Boxer and Menendez will introduce a 15th government mortgage modification program. This one won't cost banks any money if borrowers default, but taxpayers get stuck with the costs.
(Excerpt) Read more at confoundedinterest.wordpress.com ...
TOPICS: Business/Economy; Government; Politics
KEYWORDS: boxer; housing; menendez; mortgage; mortgagerefi; worstsenatorever
These Marxist clowns just can't stop spending!
What seems to have caused you to start excerpting your blog again?
More votes to buy . . . and the taxpayers get to foot the cost.
posted on 01/29/2013 8:40:37 AM PST
Obviously those destroyers of economies feel they have yet more to do to hold the US coffin lid down permanently.
posted on 01/29/2013 8:55:20 AM PST
(Trust in God, question everyone else)
Boxer got her start in politics in the closet with a fellow councilman in the council room while the other flies to arts unknown for illicit sex. Why should we listen to these fools?
posted on 01/29/2013 9:21:04 AM PST
(Give me back my conservative vote; then find me a real conservative to vote for)
posted on 01/29/2013 9:36:40 AM PST
(Impeach President Soros)
They cause the beginning of the big default process, and because of their guilts and fears, try to outlaw freedoms.
posted on 01/29/2013 9:52:57 AM PST
(We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
There is another aspect of this that I believe is overlooked.
If the gov't guarantees/owns the loan, then a default puts you in a bind with the govt. It also allows the govt to "own" the properties. They can (and will) garnish wages or other assets to recover their "investment".
So, now the federal govt (in lower case..on purpose), owns more of America's assets. Americans are how wholly owned by the federal government.
Slavery is alive and well in the US.
posted on 01/29/2013 11:34:26 AM PST
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