You Wrote: Loan modification is criminal theft from everyone that ever paid a cent in taxes!
How is renegotiating the terms of a loan criminal theft from tax payers?
If my income had gone down due to employment dislocation, I would be glad if I was able to renegotiate my loan ... I won't be stealing from the bank - It would be a renegotiating of terms.
And the banks would only agree to renegotiate if they believed that this would help their bottomline. Would they not prefer to renegotiate than deal with another foreclosure!
10/04/2009 6:02:52 PM PDT
· 3 of 47 RaptorY22
to underthestreetlite
Home Affordable Modification Program is in fact a good program for those people who may be in need for help. This is not a handout - this is not a welfare program - this is not a bailout - the program does none of that. It actually helps the homeowners renegotiate the terms of the loan. So, for those homeowners who are facing tough economic times, this may be a good thing to look into. Check this:
One question that remains is whether the wires would be stable if the nanotubes were dissolved away.' This process is rather like putting billiard balls into pipes of different width, so they have different packing orientations than you would usually find,' Carey says. 'But this does not necessarily mean that these structures won't be stable outside the nanotubes.'
This last paragraph talks both possibilities - unstable if the nanotubes are dissolved by using the billiard balls in a pipe analogy and then saying that the structures may be stable outside the nano tubes.
The fact that they have stable nanotubes with inner diameters close to the thickness of a single atom is itself quite an achievement!