Thursday, June 4, 2009

Return to the good old days

Feds Bringing Back No Money Down Mortgages

How did we survive the dotcom crash? By holding down interest rates and borrowing more. How will we survive the housing crash? err.. I'd hate to see the next crash if they manage to stop prices correcting themselves properly this time around

Posted by ontheotherhand @ 03:06 PM (918 views)
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4 thoughts on “Return to the good old days

  • Keep smilling homeowners!

    The no money down will be financed with your American taxes, again.

    IT IS THE TAXPAYER THAT IS NOW KEEPING THE BANKS AND AMERICA FROM GOING INTO LIQUIDATION. Big trouble ahead.

    http://www.youtube.com/watch?v=kNqQx7sjoS8

    Do you really think that Obama the Wall St boy is any different. Keep hold of your guns as you will need them to protect yourselves when

    all hell breaks loose. Good luck!

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  • Signaling the end the green paper.

    Problem is simple: House prices are double. American people message is even simplier: We want speculation out of our houses.

    Who is listening Obama to? To Wall Street right now. Evil intelegence of Wall Street outclassed the White House.

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  • When the American people catch Obama with his pants down, along Wall St, that’s when they will finally get it!

    I cannot wait for the day all this Obama BS ends, but at the same time dread the backlash that this finding will create.

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  • Big business and the media are better at politics than the politicians and so good they even convinced them of the dream too

    It’s seems lots of people were having such fun; business, speculators, politicians… and homeowners…
    but the politicians are the ones left holding baby now the digital HD dream has gone to blocks, stopped with a screech with no engineer left to fix it

    Would George W have been any prettier with his pants down than Obama… suspect not

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