Wow. If you read the news lately, many can’t afford to make the new mortgage payments. Foreclosures have increased ten fold. But hey, they are still buying the IPhone. Here is the latest news.
Where’s my bailout? Time to go look for that mansion and finance 100%. Then stop making the payments. Hopefully my bailout will be […]
Entries Tagged as 'Economy'
Mortgage Payment or an IPhone?
November 2nd, 2008 · 1 Comment
Now McCain wants another morgtage bailout
October 8th, 2008 · 5 Comments
This is unbelievable. Let’s just reward people that made questionable decisions. Not saying all foreclosures are from bad people, but hey, maybe I should have bought a mansion too, so I could get bailed out by McCain.
But no. In this case, I’m going to bail out someone else who bought that mansion.
The Republican party has […]
Fannie Mae Eases Credit To Aid Mortgage Lending - in 1990s
October 1st, 2008 · 1 Comment
Read it and weep. Story from NY Times in 1999.
Now we all are paying the price for lax lending practices. All corrupt from top to bottom. Clinton’s idea of trying to help the needy is to just give them money. Now it has all come crashing down.
No Bailout Petition
September 26th, 2008 · 1 Comment
I urge you all to sign the petition for no bailout.
http://www.nowallstreetbailout.com/




