Vote out Democrats. Vote in constitutional conservatives.
Problem solved !!!
* Punish lenders, and they’ll avoid lending for a long time.
* The market’s answer to the hysterical policy of refinancing with government funding will be “No sale.”
* There will be fewer able to buy, as the de-industrialization and debt regime continues.
* My fellow Baby Boomers and I will be dying and/or “downsizing” over the 20 years or so to come.
* Who would be fool enough to give more than 10-20% of listing for that hovel, when the end of the economic world as we know it looms before us?
I have one of those Underwater Mortgages, and no I don’t need the Government’s help.
When people who are underwater $100,000 dollars refinance their homes, they are still $100,000 dollars underwater.
They may save some money with cheaper rates, and they may get their time extended to 40 years instead of 30, but they are still underwater.
Low Interest rates are why my CD’s are earning .10%. While the govt. tells everyone to save for their retirement.I am sorry Hoss but unless you save up a helluva lot of money so that you can live off the declining principal you are fugged.Same way with Money markets and Bonds.
Pay your mortgage or get booted out, no bailouts!!!!!
I’m the ultimate fiscal conservative and have been that way not for years but for decades. I’m for fiscal responsibility and putting the USA first and most importantly putting average responsible Americans first. But that is not happening. Instead the corrupt bankers who continue to rob us are being taken care of, and not us.
My bills and farm have been paid off for a number of years, and my bank CDs are paying relatively nothing thanks to the thieving corrupt NYC Federal Reserve. They wish first to force most of us to invest in the casino bubble of Wall St. Invest in you own real estate and not thieves.
I’ve lived my life as a fiscal conservative taking care not to get into any debt and to delay purchases until I could afford them, while the alleged conservatives in Congress took care of their thieving interest taking banker buddies. Bernanke and Greenspan took very good care of Wall St too, and they handed them not just billions but trillions of our US dollars, tax and interest free. They even gave their banker wives a hand off too.
So no I don’t look at one side or the other of politics as being bad, but instead I look at the corruption that pervades through our country and politicians that are rewarded to scrxw us for taking care of their donors, instead of average responsible Americans.
I no longer buy just the Party stuff unless it makes sense as being pro-USA and not just pro-money for a few.