Boop His Beak!
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Posted on 08/10/2011 11:14:00 AM PDT by Oldeconomybuyer
Nice neighborhoods will turn into multi-family gang infested
cesspools. They’ll rent them so cheaply that you won’t even be able to escape by renting your own, thus driving down the rents even further. O’s plan is coming together perfectly.
The marxists in chief is attempting to turn this entire nation into “the projects”!!!
WAKE UP AMERICA!!!
My original loan was with lets say banker one.
Years later, banker one says pay this servicer. OK.
Even MORE years later we get a letter that Bank two has assigned our loan to Fannie, and we need to pay this servicer, the same one we HAVE been paying for some time now.
We didn’t get a loan with Fannie, but THEY think they have our loan now. Many Freepers have recently refi’d their loans, and what happened? Their loan was GIVEN to Fannie six months later.
We have ALL been robbed, and our titles GIVEN to the government, and it is pure theft.
And all the angry posters who could ONLY focus on “deadbeats” couldn’t be bothered to understand what has been happening for some years now.
fools.
Say hello to your new Section 8 neighbors - http://www.chicagonow.com/blogs/arresting-tales/2009/10/section-8-helping-the-poor-or-dispersing-urban-crime.html#more
SECTION 8 FOR EVERYBODY!!!!!
LET’S DROP HOUSE PRICES AGAIN!
Just let prices fall to a level set by the free market. If prices are too high there will be a surplus of unsold houses. If prices are set too low by the government,there will be a shortage of houses available to buy.
Someone retiring at 62 would get perhaps $1300 a month social security payments for his/her remaining life, say, 25 years. That’s $390,000. So, the Government could provide an interest-free loan to said person for, oh, $180,000, secured by future social security earnings. Of course, when the person hits 62 (or whatever) s/he can sell the house at a tidy profit, repay the original loan, and retire on full social security, or, if not, have their pension reduced by whatever amount is needed to repay the loan (should be doable because the person won’t have any housing costs).
Be afraid if you live in a neighborhood with a lot of forclosures.
How long befofre the fed decides to use them to house ghetto dwellers?
To shrink the foreclosure glut the government need only get out of the way! via the following:
1) cancel all regulations and laws authorized since Obama took office.
2) Initiate massive domestic energy exploration and recovery effort, simply by removing regulatory restrictions.
(private industry will perform wonderfully without gov’t help or interference.)
3) Close our southern border so American’s aren’t competing for slave wages.
4) Quit funding abortion and America will grow the human capital necessary to fuel this economy.
5) Outlaw teacher’s unions - It will save money and allow learning to replace indoctrination.
“Just let prices fall to a level set by the free market.”
They aren’t going to let the housing prices fall because that would make the TBTF banks insolvent. And it would reduce taxes, nope, they are not going to do that.
We don’t have free markets anymore. Not with the government illegally owning houses. They don’t have proper chain of assignment on those homes.
But who is going to stop them? eh?
Why would the marxist government get out of the way?
This is the opportunity of the century, they can tell people where to live! Tell them who their neighbors will be.
They are not going to pass up an opportunity like this.
Never.
Like I said, I think the people (Wall Street) who owned the “toxic” loans were paid off from Toxic Assets Relief Funds (TARP. That’s how they were “given” to fannie.
They SAY they only shelled out $750,000,000,000 but how the heck do we know. They can’t tell us where $350,000,000,000 went.
This is another ridiculous phrase the First Bozo uses on a regular basis. Thanks for pointing it out.
The ‘President’s’ OJT is killing us.
“Why would the marxist government get out of the way?”
80 million firearms owners....
No doubt that the corruption is the name of the game.
As the American people hate the “deadbeats”, they miss the camel that swallowed the country.
It’s like Fort Knox, who knows if there is any gold left, the gold STOLEN from the American people.
Not a peep, .....
Here’s 3 ideas the “WON” never thought of:
1. Jobs
2. Jobs
3. Jobs
Yeah, right. With the big Baby Boomer die-off beginning, there’s no way that they can “shrink the foreclosure glut.” Real estate is dead for decades, and property taxes are about to go way down. We’re entering the steeper part of the collapse. Just let it go, and find another way to make a buck.
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