Thursday, August 9, 2007

US politicans considering bailing out people in mortgage trouble! House Prices are the New God and must be appeased at ANY cost!

Democrats call for action on mortgage crisis

Lefty market intervention at it's worst! If this gets the go-ahead we might as well all pile into the housing market and be done with it!

Posted by tyrellcorporation @ 09:38 AM (441 views)
Please complete the required fields.



3 thoughts on “US politicans considering bailing out people in mortgage trouble! House Prices are the New God and must be appeased at ANY cost!

  • “We need to put an end to fly-by-night mortgage brokers peddling loans to unqualified applicants based on inflated appraisals,” she said. “We need to help those facing the pain of foreclosure. We need to secure the market place and put reforms in place right now.”

    Nice words from Hilary Clinton – Pity she is facing an uphill struggle to be elected the next president.

    Reply
    Please complete the required fields.



  • Cstanhope707 says:

    Orwell

    Many of those facing foreclosure were stupid and greedy and why oh why should the US tax payer have to bail them out!!!! Time we stopped treating adults like children and make them face up to their responsibilities!!!
    I suppose the UK Taxpayer should bail out the BTL brigade then when it goes south. NO NO NO!!!!!!

    No Bail out a stupid immoral and very very unfair idea!!!!!

    Happy now that I left the US and gave them back my Greencard as atleast my taxes will no longer be going to this…….

    Reply
    Please complete the required fields.



  • Nova Sideliner says:

    Yeah, is this the same Hillary who is proposing a $US 1 Billion fund to bail out people who made poor mortgage decisions, many of whom shouldn’t even be homeowners anyway? Ah, the lucky US taxpayer, getting to bail them (and the banks!) out of that. Hey folks, no need to read those mortgage docos, Hillary will step in to help if it all turns to mud!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>