Posted on 01/12/2008 5:58:56 AM PST by Kaslin
I want to turn myself into a payee not a payer. Nothing like motivating people.
automatic rate freeze on subprime mortgages of at least five years or until servicers have converted the unworkable mortgages into loans families can afford.”
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High risk, little reward. Whose going to invest?
With plans like this, gold might still be the better investment.
Yep, the NOMINATRIX (a term I coined yesterday on FR, much to my own amusement) eats, drinks, sleeps and dreams communism in all its fatuous futility, all the time.
Leni
Of course we are all aware that January has historically been a boom month for construction.
/sarcasm
Thats my question.
I’ve never heard of it.
I recently read that Hillary, Obama and (possibly) the Republican nominee may each spend up to $100 million on campaigning.
The total expenditure for all candidates on the primaries and general election could be $500 million, more or less.
This number did not include PACs, 527 organizations and other third party "soft" money.
If a candidate spent $100 million to win the presidency, which pays $400,000 a year, they would only have to serve for 250 years to break even.
That would be like us paying a headhuunter $12.5 million dollars to find us a job that pays $50,000.
Yes, lets tax our way into prosperity.
And who might I ask is "OUR?????
$30 billion to reward people for stupid loans they could never hope to afford?
I already have a second job....More’s the pity.
The US economy is what - $10 TRILLION?
$70 billion is a drop in the bucket. How many tens of billions has the Fed pumped into the banking system? Didn’t the gub’mint write a $200+ billion check to Nawlins for post-Katrina rebuilding?
$70 billion isn’t going to do squat to prevent or even lessen a recession. Period. This needs to be called exactly what it is: a vote-buying bribe to key Democratic demographics along the same lines of the Clinton’s 1993 “Economic Stimulous Plan”.
It’s the idea, not the number, which is the problem. The number will likely increase precipitously.
Just cut the waste out of the damn budget and you would have a helluva lot more than $70 bil.
I googled ‘green collar jobs’ and it seems like they are referring to jobs created by the green energy industry. Here I thought they were talking about more gardening work for illegals.
This “plan” is so ludicrous, and the rhetoric of people like Edwards and Obama is so empty, I really have to wonder how any American can take the Democrats seriously. When I watch a RAT debate, it is like watching Romper Room, with little children ranting at an unfair world, and coming up with childish fantasies which could never work. When I watch the GOP debate—there are the grown ups, who understand the real world, who propose real ideas that would actually fix things. ANY of the GOP candidates would do far better than any of the RATs. Are Democrat supporters just children who never grew up? How can they take their candidates seriously?
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