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Delinquent Homeowners to Get Mortgage Aid from Obama Administration

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posted on Jun, 5 2011 @ 02:19 PM
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We need a special tax on banking exec bonuses that is retro active to 2000, where we tax all banking CEOs 150% of all bonuses received over the last decade.

Notice how in the article they don't really say how the $50B set aside to help distressed home owners is being used. Sounds more like people getting involved with banking negotiations, and forcing banks to reduce the principle of the loan.




posted on Jun, 5 2011 @ 02:20 PM
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reply to post by incrediblelousminds
 


He's for bad grammar and being paid to post crap like this in every thread.



posted on Jun, 5 2011 @ 02:22 PM
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Originally posted by jimnuggits
reply to post by macman
 


That's kind of the unspoken agreement we make when we live in a civilized society.
Otherwise, we are no better than a pack of hyenas.

No, its not.
It is a forced position, dealt from the hand of the Fed Govt.
Just because people want personal freedoms and responsibilities does not then lead everything down the path to chaos and death.



posted on Jun, 5 2011 @ 02:24 PM
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Originally posted by NoArmsJames
reply to post by incrediblelousminds
 


He's for bad grammar and being paid to post crap like this in every thread.


Man I wish I got paid to do this. That would be nice. I wonder where I could get a job like that?


Oh yeah, I should go apply to the Obama Admin.

Oh wait. I think those positions are already filled.


As for bad grammar, yes I am a horrendous blight on the English Lit community.



posted on Jun, 5 2011 @ 02:27 PM
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Originally posted by macman

Originally posted by NoArmsJames
reply to post by incrediblelousminds
 


He's for bad grammar and being paid to post crap like this in every thread.


Man I wish I got paid to do this. That would be nice. I wonder where I could get a job like that?


Oh yeah, I should go apply to the Obama Admin.

Oh wait. I think those positions are already filled.


As for bad grammar, yes I am a horrendous blight on the English Lit community.


Wasn't talking about you...



posted on Jun, 5 2011 @ 02:29 PM
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reply to post by NoArmsJames
 


Ok then.
My apologizes.
Still wish I could get paid to post here.
edit on 5-6-2011 by macman because: (no reason given)



posted on Jun, 5 2011 @ 02:34 PM
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reply to post by incrediblelousminds
 


Oh yes. Screw those people. Those same people that were laid off from their jobs, and are facing soon to be homelessness.

What's wrong with you?



-B



posted on Jun, 5 2011 @ 02:35 PM
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Regardless about each of our perspectives, the last few pages have to make everyone laugh.

We are a very dysfunctional and sad group of individuals.

If we are having issues about this on a small scale, I cannot image how the arguments and debates get settled in Washington. Sure, they have certain political loyalties, but some of them actually answer to the population.


edit on 6/5/2011 by Section31 because: (no reason given)



posted on Jun, 5 2011 @ 02:36 PM
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Originally posted by baked
reply to post by incrediblelousminds
 


Oh yes. Screw those people. Those same people that were laid off from their jobs, and are facing soon to be homelessness.

What's wrong with you?



-B


So I guess taking tax money from others and giving to them is OK on the other end?

Or how about they take responsibility for their actions and take care of themselves?



posted on Jun, 5 2011 @ 02:36 PM
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Originally posted by baked
reply to post by incrediblelousminds
 


Oh yes. Screw those people. Those same people that were laid off from their jobs, and are facing soon to be homelessness.

What's wrong with you?



-B


No, they are in a hole that the politicians dug for them.

Now the politicians attempt to dig them out by forcing everyone else's head slightly under...

...And the banks walk away with hundreds of billions of dollars in profits.

That's the point, here.



posted on Jun, 5 2011 @ 02:45 PM
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reply to post by macman
 


Personal freedoms are great, personal responsibility, ditto.

But you are missing the point.

We take care of one another because that is what a society does.

If you, heaven forbid, should get in a horrible car wreck, need months of therapy and reconstructive surgery, lose your job and, because of that, your home, would you not be thankful that there are programs that are there to help you get back on your feet?

That is why we need taxes, not so Daddy Warbucks, CEO, can buy himself another Ferrari.

Please try to understand, not everyone who needs federal support or a helping hand is a deadbeat, lazy, undereducated waste of space.

Should Joplin residents stop whining and being lazy?

Or should we just let the cards fall where they may?

I'm sorry but, 'too bad so sad' isn't good enough.



posted on Jun, 5 2011 @ 02:47 PM
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Originally posted by jimnuggits
reply to post by macman
 


Personal freedoms are great, personal responsibility, ditto.

But you are missing the point.

We take care of one another because that is what a society does.

If you, heaven forbid, should get in a horrible car wreck, need months of therapy and reconstructive surgery, lose your job and, because of that, your home, would you not be thankful that there are programs that are there to help you get back on your feet?

That is why we need taxes, not so Daddy Warbucks, CEO, can buy himself another Ferrari.

Please try to understand, not everyone who needs federal support or a helping hand is a deadbeat, lazy, undereducated waste of space.

Should Joplin residents stop whining and being lazy?

Or should we just let the cards fall where they may?

I'm sorry but, 'too bad so sad' isn't good enough.


Hey, get past the class warfare crap. The CEO has nothing to do with some signing for a house they could not afford.

Society is as such that those who want to help, do. Not all have to help by force via taxes. Big difference.



posted on Jun, 5 2011 @ 02:58 PM
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reply to post by macman
 


Let me ask you something here. Do you drive? Do you use electricity?

Taxes are used to ensure that you have a road to drive on, and the power to the interwebs to gripe on.

You are saying that taxes should be voluntary? For the rich 3% at the top, they pretty much are.

I guess you care not to address everything I mentioned as far as why its important that we take care of our citizens?

Don't like our society?

Move away, then.



posted on Jun, 5 2011 @ 03:18 PM
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On one hand people that buy something they cannot pay for are at the mercy of losing it by default. On the other hand the banks that approve such a loan structure that becomes less viable should not get free money to balance their failed accounting system. Their CEO's should not get millions of free bonus money for running a failed system, and people that are over their heads in debt should not get that rope to pull them out of the quicksand they put themselves in. Its simple apples for oranges trade balance, except there is a defined dollar value to these things like, if you cannot buy gas for your car it wont move on down that road!



posted on Jun, 5 2011 @ 03:21 PM
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Originally posted by jimnuggits
reply to post by macman
 


Let me ask you something here. Do you drive? Do you use electricity?

Taxes are used to ensure that you have a road to drive on, and the power to the interwebs to gripe on.

You are saying that taxes should be voluntary? For the rich 3% at the top, they pretty much are.

I guess you care not to address everything I mentioned as far as why its important that we take care of our citizens?

Don't like our society?

Move away, then.

Um, a flat tax where everyone pays (not just the rich) and get rid of the fact that those making under $35k a year get money above and beyond what they paid into for taxes is what would solve alot of the issues.

The society, as it has been prostituted today is not how the country was designed to work.
Socialism Lite, with a dash of Tyrannical Govt and an add of Police state is not for me and not what the country was to be.
Or the idea that the Fed Govt knows best in how to not only take the taxes, but dole it out to the States as bribery and then to people to create dependents./



posted on Jun, 5 2011 @ 03:22 PM
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reply to post by Illustronic
 


I agree with most. But, if those banks want to give bonuses, then let them. But, the Govt has no business in giving them tax dollars to keep the doors open.



posted on Jun, 5 2011 @ 03:22 PM
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If the economy turns around and these people have equity in their homes at the time of sale do we get some of that profit?



posted on Jun, 5 2011 @ 03:24 PM
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reply to post by Section31
 


This is all part of the plan to crash the system and cause general unrest.

IF we can get someone like Ron Paul.....QUICK!!!!!.....we MIGHT have a chance.

If the SOB (and co.) in DC stays in another 4 years?

we are SOOO totally forked!



posted on Jun, 5 2011 @ 03:37 PM
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reply to post by felonius
 


There are 545 legislators in the Executive Branch. Ron Paul is not a silver bullet, nor is any One man. If, by some miracle that he were to be elected, what real power do you think he'd have, since he has no caucus?



posted on Jun, 5 2011 @ 03:43 PM
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reply to post by Section31
 


Because throwing them out on the street where they can no longer get a job, will be great for the economy. And if they have kids, screw em'. They don't need no edumecation. There's plenty of work they can do. Like selling drugs, and committing armed robbery. Honestly the gangs have been suffering from recruitment issues lately, it should help them out greatly.



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