Upcoming Foreclosures

US government foreclosure auction- just pay off the default balance and no auction process? There is a house up for formal auction through the US marshals office next Friday. The government's starting bid is $33,556 on this house. Would an interested buyer be allowed to just pay this $33,556 balance off to the government instead of going through the whole auction process? It just makes sense for the interested buyer to buy the house if all the government wants is the $33,556.

Does anyone know about the $7000 US Government Foreclosure Tax Credit, or when it will be passed?

$7,500 US Government Foreclosure Tax Credit ? Is that per house or just one home

News forecasts, be more specific on borrowers rights on foreclosures. Help us? Who can we contact for help? Who can we trust with so many scams and identy theft everywhere? Should we get legal help as well as housing counseling? How do we get in contact with the loss mitigation dept. with the lender? Whats our government doing to help/protect us from foreclosures?

Do you agree that the US government has taken our houses away through an illegal foreclosure process? despite not having the original mortgage? Explain.

The real problem with the foreclosures in the US? To me the real problem is not the mortgage companies willingness to deal out excessive loans it's Americans accepting loans that they can not afford. And now they are whinning to the government to bail them out of their financial mistakes. How about lets hold these people responsible for their actions instead of giving them a free pass. Your comments.

Believers & Atheists: Is the US home foreclosure crisis ended yet? What should be done about it, in UR view? And if you choose to address the question of ongoing home foreclosures in the US, could you add what you think is the best way to approach this crisis "spiritually" ? Is this a social and economic problem that the churches & mosques & synagogues should be handling, exclusively? Is it a situation that a secular government should be handling, exclusively? Is it a situation that people with "underwater" mortgages can only handle well if they're Christians -- or Jews -- or Muslims -- or atheists? Or is it a problem requiring a mix of different approaches?

Aren't most foreclosures those of expensive houses? Why should the government be buying expensive houses? Why should our government be bailing out the builders and mortgage investors who built these mansions? What about the rest of us who did not buy more than we could afford? Where is our reward?

How does the transfer of bad bank asset to the US government, benefit the housing market? The hardest thing for me to understand is, how this transfer of bad asset to some sort of US government note, will benefit the housing market. My crude understanding of the market is that prices go up when someone is willing to pay a higher price for an item. So the asset shifts off the books of the banks. If that covers only assets that have not yet slipped into foreclosure, then the new note holder (US GOV) can relax the terms, in the hopes that the relief is enough to keep the payment mill running, if every one continues to pay then, success. That’s all fine and dandy, but what about all of the homes that are foreclosed and will be foreclosed? Who is to hold these assets? As of March 20, 2009 banks are holding many, many REO’s that they are unwilling to sell at a loss because they believe the US government will relieve them of the burden. If the US government takes these and they are released on the market, prices will really hit the bottom, great for buyers, bad for US government, or is it? With interest at these levels (sub 5%) rock bottom prices, we might just see prices increase sooner rather then later, well that is after prices drop lower and the inventory is exhausted. If the US government is expecting these assets to turn a profit that would mean that homes have to be sold, so that the payment mill can jump start the banks. Then it’ll drive all the people that made all the right moves, good credit, savings, good job, a proven worker, earner, tax payers, to buy buy buy. So, that means good news for the banks good news for US government, and more importantly good news for me. I guess this is one of the more optimistic outcome that I've been boucing around on these late nights with no sleep. Let's hear your spin.

How does the transfer of bad bank assets to some sort of US government note, benefit the housing market? The hardest thing for me to understand is, how this transfer of bad asset to some sort of US government note, will benefit the housing market. My crude understanding of the market is that prices go up when someone is willing to pay a higher price for an item. So the asset shifts off the books of the banks. If that covers only assets that have not yet slipped into foreclosure, then the new note holder (US GOV) can relax the terms, in the hopes that the relief is enough to keep the payment mill running, if every one continues to pay then, success. That’s all fine and dandy, but what about all of the homes that are foreclosed and will be foreclosed? Who is to hold these assets? As of March 20, 2009 banks are holding many, many REO’s that they are unwilling to sell at a loss because they believe the US government will relieve them of the burden. If the US government takes these and they are released on the market, prices will really hit the bottom, great for buyers, bad for US government, or is it? With interest at these levels (sub 5%) rock bottom prices, we might just see prices increase sooner rather then later, well that is after prices drop lower and the inventory is exhausted. If the US government is expecting these assets to turn a profit that would mean that homes have to be sold, so that the payment mill can jump start the banks. Then it’ll drive all the people that made all the right moves, good credit, savings, good job, a proven worker, earner, tax payers, to buy buy buy. So, that means good news for the banks good news for US government, and more importantly good news for me. I guess this is one of the more optimistic outcome that I've been boucing around on these late nights with no sleep. Let's hear your spin.

Why the Banks in USA decided to demolish the houses on foreclosure and even give the land free to government? Can they not give it away at a lower price to the needy? What should be the role of US Government in this regard?

Buy a home for $300 via Government foreclosure house sales...Is it for real? I have just seen a TV commercial about government tax foreclosure house sales. They were claiming that you can buy homes all across the US for as cheap as $300 or less. Is this for real? There must be a catch does anyone know? However If there isnt a catch how do i get started.

Is US government giving more subsidies than we are aware of? W/millions of Americans in such dire economic ? ~~~~downturn,(joblessness, foreclosures, bankruptcies,etc) please explain to me how the very people our government 'subsidized to the tune of billions of dollars, could turn such amazing profits in less than two years? ~~~~~~~~ Citi wows Street with $4.4 billion profit By David Ellis, staff writerApril 19, 2010: 8:23 AM ET NEW YORK (CNNMoney.com) -- Citigroup reported a first quarter profit of $4.4 billion Monday, shattering Wall Street estimates. · The results for the bank, one of the hardest hit institutions in the financial crisis, suggest that the firm may finally have found its footing. "Citi today is fundamentally a very different company from what it was only two years ago," Citigroup CEO Vikram Pandit said in a statement. On a per share basis the company said it earned 15 cents, handily beating analysts' estimates for the company to break even, according to Thomson Reuters..While a decline in credit costs and a sharp bounce in investment banking revenues were encouraging, Pandit was cautious not to declare victory just yet, saying he did not expect the company's performance to "follow an invariable trend-line upward.""We are proud of our first quarter results but remain cautious about the environment, given the uncertain economic recovery and high unemployment in the U.S.," he said. Still, the latest numbers from Citi and several other of the nation's top banks that have reported results so far have been far better than most industry analysts were anticipating, due in large part by strong performances from their trading divisions. Both Bank of America (BAC, Fortune 500) and JPMorgan Chase (JPM, Fortune 500) each delivered better-than-expected profits last week.Several other key banks are due to report this week, including Goldman Sachs (GS, Fortune 500) on Tuesday. Goldman is expected to report strong profits but that news is likely to be overshadowed by Friday's announcement from the Securities and Exchange Commission, which alleged that the company defrauded investors in a sale of securities tied to subprime mortgages.

Why can't the US Government help home owners reset their mortgage to the current value of their home? I am more curious than anything as to why? So for example. You buy a home at $450,000 but your home isn't worth that due to the economy. Lets say its only worth $200,000 in actual value. Why can't home mortgages be reset to the current value that way monthy payments are reduced in half to keep home owners in their homes, help or stop foreclosures. I would like to see that happen than tax credits. And then the government can give all these tax cuts to the mortgage company's to make up for the amount they are loosing from the mortgage cut. Did I explain that right? Anyways I am just courious if this has come up, Why it couldn't being down, what damage would it cause, if any, if this would happen and so on. Okay..so please leave your thoughts regarding the topci! You are all just angry people and are not explaining anything fully. Lets vent else where..we are just talking here Thank you!

Would it be illegal for government to prevent foreclosures? A house on my block burned two nights ago -- about 16 hours before the owners/buyers were to be evicted under a foreclosure order. They're in custody now for alleged arson [the fire was fueled by gasoline]. This and similar stories attest to how much families and individuals feel that they own their home -- "a man's home is his castle" -- and that they should not ever be forced to leave. Thus, we've been hearing cries to Congress to make foreclosures either illegal or to prevent them for 90 days, etc. *** In part, Amendment 5 to the Constitution of the United States reads ".... nor shall private property be taken for public use, without just compensation." If Congress makes a law which limits the rights of the loan holders to foreclose, or requires them to delay and thus lose even more money, would that not be a taking of their property right in the loan contract without compensation? Could the loan holders then successfully sue the government for damages and thus force their losses onto us taxpayers? *** If you disagree, please make a reasonable legal argument as to why either this clause in the Bill of Rights does not apply, or that the amount of compensation so due is zero. [Note: the Supreme Court has already ruled that rights under a private contract are 'property', so the argument that the Constitutional clause only applies to real estate will not pass muster.]

Spiritually speaking, should churches, mosques & synagogues cure US poverty, w/o the government? Some people, generally political liberals, are arguing that the federal government needs to be active in fighting against social problems like unemployment, the home foreclosure crisis, childhood hunger and other problems related to poverty. But other people, generally Libertarians or conservatives, argue that solutions to poverty really should be left to private charities, including religious charities. What do you think? Should the U.S. government play a significant role in trying to fix widespread poverty in this society, or should the churches, temples, synagogues, mosques & other religious and charitable groups try to solve the problem without the government?

what is the best way to utilize the US government when trying to deep my home from being foreclosed on in ARK.? I recently had to borrow @$6,000 from my retired parents to keep my family home from foreclosure. From July 3rd,2002 through june 2005 i lost my 30 year old wife to a railroad/car fatality crash, my teaching job with 12 years in the industry to staff reduction due to consolidation, and a good paying sales position at an corporation whom went bankrupt. Now i live on an@$800 a month with an $473.12 house payment where my bank does not want to work with me much.

How does interest rates work on US Debts? We all know that all money is loaned money and has interest rates that need to be paid back. Does this count all debts that exists or the the 4 trillion dollars owed to foreign countries? America has 4 Trillion they owe to Foreign banks, and 10 trillion they owe to US banks. If this 14 trillion dollars had a interest, like on typical loans. According to http://www.treasurydirect.gov/govt/rates/pd/avg/2003/2003.htm is around 4% average interest, But much more complicated then that. Based on this simple understanding, 14 trillion dollars at 4% interest will generate 560 billion dollars of interest fees each year. Since the Government basis its spending plans over 10 year accumulations, does this mean its 560 x 10 (5.6trillion dollars) in a decade long of accumulated interest? So just to maintain the interest, American need to pay 5.6 trillion dollars every 10 years in interest alone? In reality, America needs to cut about a trillion dollars in budgets each year to make any significant difference in the amount of money we owe. Also: If this interest increases the US debt. Can this cause inflation to occur, weakening the US dollar? How high can American debt go before we are permanent slaves to banks trying to pay off a never ending stream of interest on over sized debts. Much like the how banks place on smaller countries in debt so they can write foreclosures off on the countries natural resources and labor. Can the banks write foreclosures off on the US, what can they make the US Government do instead of collecting a payment? By do, I mean military action. Also if all money in this world is loaned money. And all loaned money has interest. Does this mean that less money is in exist then what was loaned out in the first place? If I borrow 1 million, and have to pay back 2 million, yet at the same time, only a million dollars is in existence. The inevitable outcome is its impossible to pay back all the money and someone will always need to go broke. Is that right?

How is California doing ? What about US Mexican border towns - and Detroit the former auto industry capitol? ***** I do not care who did what to who ----or who is to blame or how they got in this mess ********* HOW are they doing California was the worlds 8 th largest economy --- last I heard they were broke printing State IOU's and in a lot of trouble How are they doing ---- What about Detroit ? The former Auto and manufacturing capitol of the US and one of the largest of the world Last I heard there were mass layoffs and foreclosures US Mexican border towns ? Last I heard there were a lot of drug cartels kidnapping and shooting people and both the US and Mexican government were trying to do something about it -------------- Have they completely rebuilt New Orleans ?

Darwininsts & Creationists: What do atheism and/or religion tell us about the US home foreclosure crisis? From your scholarship on the origins of the universe & human life -- whatever you think the best account of life's origins may be -- can you identify 4-5 things that the US government should do, or American business should do, or just ordinary American citizens can do -- to keep millions of our fellow citizens from being evicted from their homes due to the subprime mortgage mess and the current unemployment picture? I ask this question because I see so many people in R&S putting enormous energy into the debate between Darwinism and Creation. I assume that there must be enormous practical considerations at stake in this debate -- that it must really matter whether one believes in the Creationist or the evolutionary view. So my question is, on a subject like home foreclosures which is of urgent importance to millions of American families -- what difference does a Darwinist versus a Creationist approach make? I'm especially interested in hearing from the Creationists, but really it would be good to hear from either side.

House to spend $15 billion to buy and fix up foreclosures? Isn't this OUR job? Foreclosures a good way for lower income families to buy a home, a boon to a lagging economy, a way for some of us to invest in our future. Why is government getting involved? There are more important issues than someone overextending themselves. (Sure i will get beat up for that remark)

Where is the Mortgage bailout? Did the banks forget to bail out the public? Or did the government? The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage. Foreclosure filings were up 32 percent from the same month last year, RealtyTrac Inc. said Thursday. More than 360,000 households, or one in every 355 homes, received a foreclosure-related notice, such as a notice of default or trustee's sale. That's the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago. Banks repossessed more than 87,000 homes in July, up from about 79,000 homes a month earlier. Nevada had the nation's highest foreclosure rate for the 31st-straight month, followed by California, Arizona, Florida and Utah. Rounding out the top 10 were Idaho, Georgia, Illinois, Colorado and Oregon. Among cities, Las Vegas had the highest rate, followed by the California cities of Stockton and Modesto. http://news.yahoo.com/s/ap/20090813/ap_on_bi_ge/us_foreclosure_rates Where did the stimulus money go if not to the people to save foreclosures? Pat, I don;t have a mortgage. I never spend more than I can afford and I don;t beleive in debt. I do want to know where the money went since I have to repay it like every person in the USA that pays taxes. Have you forgotten the debt is now in the trillions? I haven't.

Has the Federal Government lied to us about the illegal aliens and their home loans? Foreclosure Rate Lookup Chart http://www.realtytrac.com/foreclosure/foreclosure-rates.html When you look at this chart, you discover the states with enormous problems with illegal aliens are the places where the foreclosues are going strong. California, Idaho, Nevada, North Carolina, Utah, Virginia and Wisconsin have big illegal aliens populations. Notice Oklahoma, who has strong defenses against the illegal aliens also has forclosers that are higher than other states. Oklahoma passed all the good laws to get the illegal aliens out of town. I would attribute Oklahoma as being as it is because homes bought for renting to illegal aliens have finally reached their just reward. But here we are with states that were really hot with the ITIN Loans being buried with the foreclosures. An easy to read graph that reflects per capita foreclosure.. per person. http://www.realtytrac.com/MapSearch/FreeSearch.aspx?

How long before our communities collapse from lack of tax dollars being paid? As jobs dwindle and foreclosures double and the banks close down, where will the money come from to pay for our communities? Will the US government go in the hole paying out more welfare checks that can pay for community services or will we all go to jail? Without paying jobs, what will we do?

Do You Think the Government is telling us the truth about the Un-Employment Figures? I notice month after month they keep telling the masses that it is lingering at around 10%. Sometimes less. I Feel I'm being Lied to. There's a lot of people who have been unemployed for over 2 yrs. Millions of them, which they don't add in the count. Unemployment Benefits don't pay much. Which makes it imperative you get out and find a Job ? But there's no way those numbers are adding up with the amount of Foreclosures numbers. Are you unemployed and if you are, how hard has it been for you to find a job, or are you still LQQKING ? Mike yr answer is so true

How much responsonsibility should the government take? It appears that more people are looking to government for assistance for everything under the sun. Anything from foreclosures to health insurance. Why aren't we self sufficient? I'm absolutely happy with my income, and I should NOT be entitled to help someone who carelessly reproduce, and decide not to invest in themselves, obtaining a higher education. And for those who obtained a higher education, did you really think that underwater basket weaving would pay off the 40k in student loans you racked up? The US has provided so much for early success. Where I'm originally from, EVERYONE pays for school, text books, calculators, computers, uniform, school food AND transportation. The basics are taken care of here, so why haven't we taken full advantage of that? Why aren't we successful enough to be able to survive without so much gov't aid? How socialist will we become? I'm not expecting to be liked for these questions, and I'm expecting a lot of answers from the ignorant, so fire away

Can US be able to maintain the title of "world's strongest economy" with such high unemployment? With unemployment at almost 11% and record foreclosures and consumer chapter 7 bankruptcies it is hard to believe US will remain world's strongest economy for much longer. For example, Japan has unemployment of about 5% (roughly half of US) despite experiencing the same recession. And there are many more industrial countries, with much less unemployment rate than US. It appears that sometime in the long run, japanese economy can surpass US economy as well as the Chinese economy and EU economy can surpass US economy too. Is the US government really sure when it says, "recovery is taking place" With such huge deficits, and sky high national debt it appears US economy is collapsing like pack of cards. Everyone in US has debt up to their eyeballs. Most people are living on borrowed money -- credit cards especially. And then with 30% APR and more to see. Overdraft fee alone is worth $36 billion an year for banks.

Why are there so many foreclosure and crisis in the US real estate? What are the reasons? Who is guilty, borower, lender, government? Why people can't pay back their loan?

If government federal and local started cutting spending, would unemployment rise even faster? as all types of government workers get pink slips? and isn't that the perfect way to get the US economy hiring people again? Thats what my friend sparky the Republican says. Sparky says that americans need to learn to suffer more and go through more hard times and lose more homes via foreclosure etc..so they can learn their lesson that they have to be thrifty.

Unfair Loan Practices: Where can I join a Class Action against US Bank & Wells Fargo Trust? Downey failed and was bought by US Bank. US Bank states that Downy sold my loan to a “Secondary Market Investor” after the loan was originated, which turns out to be Wells Fargo Trust. It was sold into “Scrutinized Trusts.” US Bank is the Servicer, Wells Fargo is the Master Servicer. They are telling me although I qualify for the HAMP loan modification which is a Making Home Affordable program, they have to deny me help because the loan was sold and the agreement with the new owners of the loan is to offer no loan modification to me under any circumstances. --- I feel this is just their way of burying the bad paperwork and getting the house out of my hands and into a new package with someone new so I will go away and the bad paperwork won’t have to be dealt with. --- I found in my County’s Recorders office no other paperwork has been filed with the County to show a new owner, which apparently is the Wells Fargo Trust. Only the original Downey Note Claim from 2005. Since then, the loan was sold and assigned to Wells Fargo Trust & US Bank. There are no records from either bank with my County’s Records office. So if US Bank and Wells Fargo Bank tried to Foreclose on my house, well, are they really the Owners? Do they have the right? Did they even have the right to sell my loan to a Trust? I’ve owned this house for 10 years. I did a refi in 2005. Now this. – I am a victim of The Banks being greedy and giving so many loans in 2005, 2006, 2007 during the boom and to lessens their processing load, they sold my loan like a poker chip for less than it’s worth to a Scrutinized Trust. These banks don’t want to help people with these sold Trust loans because the Banks make MORE money off foreclosing a home rather than helping the “owner”/Loan Bearer into a more affordable loan. They get Reimbursement money off of their Insurance Policy that they Hold in case the borrow defaults on their loan. That is another reason why they deny Short Sales by the way, because they make Insurance Money off Defaults and Foreclosures. They won’t even offer a forbearance. The greedy banks caused this economy problem in the US. They affected the Companies and companies had to lay off people. Well I am in HR – Staffing Manager and Senior Recruiter and was laid off during this economy crash, they caused me to loose my job in a RIF with half of my company. When there are no jobs, who needs a Staffing recruiter? I was out of work for over a year. I spent my whole savings trying to pay my bills and save this house. Now I have had a job for 6 months making Half of what I made before in my job of 3 years that they caused me to loose. Now that I can pay and keep this house, they are denying me help! This is absurd! So I would like to find a Class Action suit I can join to try to stop this Foreclosure and have my Loan Payment plan be adjusted permanently or temporarily so I can be helped. Please advise me to the contact the right people! I want my old life back! If I can’t get it, then at least help me get the help the US Government set up and asked the banks to promote, which is a HAMP Loan Modification under the making Home Affordable Program. Shame on you Downey, US Bank and Wells Fargo Trust! ---- Any direction, contacts, web sites that you can suggest to me to help would be so appreciated! (P.S. I have sent a QWR and other docs recently… so I have that in process. Loansafe.org has been somewhat helpful in info) I need to find a lawyer to help me get leverage over the banks to leverage them in to granting me my HAMP Assistance! Thanks!!!!

Unfair Loan Practices: Where can I join a Class Action suit against US Bank & Wells Fargo Trust? Downey failed and was bought by US Bank. US Bank states that Downy sold my loan to a “Secondary Market Investor” after the loan was originated, which turns out to be Wells Fargo Trust. It was sold into “Scrutinized Trusts.” US Bank is the Servicer, Wells Fargo is the Master Servicer. They are telling me although I qualify for the HAMP loan modification which is a Making Home Affordable program, they have to deny me help because the loan was sold and the agreement with the new owners of the loan is to offer no loan modification to me under any circumstances. --- I feel this is just their way of burying the bad paperwork and getting the house out of my hands and into a new package with someone new so I will go away and the bad paperwork won’t have to be dealt with. --- I found in my County’s Recorders office no other paperwork has been filed with the County to show a new owner, which apparently is the Wells Fargo Trust. Only the original Downey Note Claim from 2005. Since then, the loan was sold and assigned to Wells Fargo Trust & US Bank. There are no records from either bank with my County’s Records office. So if US Bank and Wells Fargo Bank tried to Foreclose on my house, well, are they really the Owners? Do they have the right? Did they even have the right to sell my loan to a Trust? I’ve owned this house for 10 years. I did a refi in 2005. Now this. – I am a victim of The Banks being greedy and giving so many loans in 2005, 2006, 2007 during the boom and to lessens their processing load, they sold my loan like a poker chip for less than it’s worth to a Scrutinized Trust. These banks don’t want to help people with these sold Trust loans because the Banks make MORE money off foreclosing a home rather than helping the “owner”/Loan Bearer into a more affordable loan. They get Reimbursement money off of their Insurance Policy that they Hold in case the borrow defaults on their loan. That is another reason why they deny Short Sales by the way, because they make Insurance Money off Defaults and Foreclosures. They won’t even offer a forbearance. The greedy banks caused this economy problem in the US. They affected the Companies and companies had to lay off people. Well I am in HR – Staffing Manager and Senior Recruiter and was laid off during this economy crash, they caused me to loose my job in a RIF with half of my company. When there are no jobs, who needs a Staffing recruiter? I was out of work for over a year. I spent my whole savings trying to pay my bills and save this house. Now I have had a job for 6 months making Half of what I made before in my job of 3 years that they caused me to loose. Now that I can pay and keep this house, they are denying me help! This is absurd! So I would like to find a Class Action suit I can join to try to stop this Foreclosure and have my Loan Payment plan be adjusted permanently or temporarily so I can be helped. Please advise me to the contact the right people! I want my old life back! If I can’t get it, then at least help me get the help the US Government set up and asked the banks to promote, which is a HAMP Loan Modification under the making Home Affordable Program. Shame on you Downey, US Bank and Wells Fargo Trust! ---- Any direction, contacts, web sites that you can suggest to me to help would be so appreciated! (P.S. I have sent a QWR and other docs recently… so I have that in process. Loansafe.org has been somewhat helpful in info) I need to find a lawyer to help me get leverage over the banks to leverage them in to granting me my HAMP Assistance! Thanks!!!! I know it's long. Not enough people are online talking about his problem by people like me. I hope you home "Owners"/borrowers out there know you are not alone in getting taken advantage by the banks!

Remember how GREAT the economy was in 2008? Why did Obama have to ruin it for us? Remember those days? --Unemployment averaging 4% --Almost no home foreclosures. --Stock market going up every single day. --No need for any government bailouts of any banks. --No costly wars funded with taxpayer money. Why, oh why, did Obama have to come along and ruin it all?

Government and home owners in trouble? I was wondering. What is the U.S. Government gonna do to help troubled home owners? My wife and I bought our home in 2003. We have always kept all our bills paid and was banking money for our little nest egg. Since, our company my wife and I worked for has down sized and laid off several and now shutting the doors on hundreds of people in our community like several other companies that already shut the doors here. We didn't get in over our head, we was taken there by by the wealthy who took away our jobs and sent them else where. Our community is growing smaller and homes are being left vacant by foreclosures. The government bailed out the wealthy, now what is the new government gonna do for us, the People who made the rich wealthy? Where is our help? When will it come? How many more homes will be lost leaving good people homeless? To date: All the banks offering us is two options. One, to take a late payment and split it up over 6-12 months, thus only making us owe a bigger payment monthly. Two, refinance with a lower rate, but all back payments must be caught up. A lot that does when we are struggling to catch up as it is and banks no longer take partial payments and won't take nothing less than what's currently due. Meaning if you owe a late payment and the next months come due, you must pay both in full at once or not at all. We send our payment in, but it's not reflected on our account and put in a different account till full amount due is in it. No win situation for us, just fall deeper and deeper behind although we are sending money in.

R&S Christians: Do you think poverty & joblessness are problems that religion can cure, but not government? If so, what do you think the Christian churches of the United States should be doing in this time of widepsread poverty, when nearly 10% of Americans are unsuccessfully seeking work, and about 20% of all home mortgages in the US are in danger of foreclosure by the banks? Does your church or your religious denomination have a good plan for tackling poverty on this scale? If so, what is it?

The government needs to give us the shovel to dig ourselves out from under the financial...? ...rubble. Do we really need to throw more money at the problem? I heard about a family in Arizona who's raffling off their home. The catch is the homeowner must ally himself/herself to a charity. The homeowner receives enough money to cover the "appraised value" for his home while the charity keeps anything over this amount. If your appraised value is $100,000 and the raffle garners $300,000, the charity is donated the overage which in this case is $200,000. Not so great for the homeowner if he owes more than appraised value. The law in Arizona needs to be changed to allow homeowners to raffle off their homes in order to avoid foreclosure either without the need to have a charity along for the ride or to give the charity a reasonable percentage of the profit after the mortgage is completely paid off. Hey, I don't have anything against charities but we are in the midst of a monumental crisis. Stop the insanity by empowering not crippling the people. What do you think?

Why does our Government give in to the banks? http://news.yahoo.com/s/ap/20090506/ap_on_go_co/us_congress_foreclosures Obama, once again, broke a promise to have bankruptcy judges be given the ability to modify mortgages because the banks pressured him and congress not to. Money is poured into the banks with no oversight and no mandate. The banks can just keep the money and say they are modifying loans but not do anything and just keep the cash. As a homeowner if you wanted to take the company to court for being unreasonable the bankruptcy judge could have helped, now your back to being bent over. What will it take for people to see that this government does not represent the people anymore, it represents the international banks and corporations. It is global Fascism in the making.

Should the US gov't be supporting "The American Dream" the way it is? Is this healthy for our country? "The American Dream" is that you get to own your own home. But I've been reading that that kind of thinking has gotten the US (and other countries) into a lot of financial trouble, and that the US government should not be supporting this kind of 'dream,' as it's done and continues to do. For one thing, it encourages debt. For another, it favors the wealthy at the expense of the poor. The more debt you're in, the bigger the tax break you get--this encourages reckless spending among buyers, which is part of the reason people are going bankrupt now. The idea behind Fannie Mae and Freddie Mac was to make homes more affordable to families who otherwise couldn't afford them. But look where that's gotten us, when you add 'no gov't regulation of lending' to the mix.. Many of these people REALLY COULDN'T AFFORD homes, and are now losing them to foreclosure. It also inflated the price of homes everywhere, so that we were all paying too much for them. Now many homeowners owe the banks more on their homes than their homes are now worth and they're unable to sell them. Home ownership also ties a person down so that if a homeowner gets laid off from work it is more difficult for him to relocate for a new job. So SHOULD the US gov't be supporting 'The American Dream' by giving huge deductions on home mortgages, which it currently does? Source: "The Economist" magazine, March 7th-11th issue. Thanks people, but so far no one has answered my question, which is 'Should the US gov't be supporting home ownership by allowing tax deductions for mortgages?

Can anyone tell me their happy ending story about how this present government saved them? ...from losing their home via foreclosure, and how they have maintained their small business ownership? Also, do you have enough in your budget to make it without incurring debt/further debt? No personal details asked for or desired. I suppose I should state that I mean the US government. TBO: so I am not misappraising the situation, am I? Those who fall in with sworn fealty, get fited with collar and chain while sniffing arse like dogs and being led (and sheared) like sheep are all doing well or at least are stablized. HAHA stable-ized. BAAAD puns are my only defense against the onslaught of desperation frustration and FEAR"RAGE. furage. My new word. Thank you very much BYE too! Ummm-is there a desert in Canada? JK LOL

mortgage crisis: Just how many of those who are facing ? foreclosure are actually US citizens?First the government tells banks to lend these people money to buy homes, who are not qualified. Then they go into foreclosure.Now the government calls the banks greedy, Make sense?

What do you think of this scenario? We're on a fixed income.......namely, social security. Therefore we're dependent on that monthly check from Uncle Sam. We're still paying the mortgage on a house that's about half paid for. If the entire economy were to collapse, the dollar were to become worthless, and the US government were to go broke, would our house be foreclosed on? And if it were, would the banks actually kick us out, or would the foreclosure be more of a formality on paper? After all, if this whole worst-case scenario were to happen, the chance of them re-selling the house would be slim to none. I know it's not likely, but IF it happened.

Can you get a real estate loan (Gov/Trad) to purchase a more affordable home when you are now in a foreclosure Job loss and injury caused us to fall behind on our mortgage payments. The Bank wouldn't work with us and began foreclosure proceedings after 30 days late. We cannot afford our current home. We are trying to sell, but the sheriffs sale has happened, our time to sell is limited. We have located a different home that is 1 1/2 times cheaper & will allow us to make MUCH lower house payments. We have some money to put down (the bank wouldn't take partial payments, work out repayment plan etc..) but we need to finance the balance for this different home. Our credit is terrible now because of this but we need a home for our family & children...are there any loan programs (government or traditional) out there to help us get into this home. We tried going Contract for Deed but the Foreclosure Co. wants to cut the home loose (the home we are trying to buy is a foreclosed property that needs repairs but the payment would be $100's less than we pay now) -Any guidance would be appreciated.

What will you do if things don't get better? Many people believe Bush and his administration has caused our economic problems which is partially true. We are in recession 18,000 homes are going into foreclosure everyday. But what makes these times different is that we don't have a currency that is worth some thing on the international level. Many people don't believe this matters but we are also in 13 trillion dollars in debt which means we don't even own our own country. What will you do if the next president can't recover the US economy? If the dollar collapses on the international level the US government won't be able to uphold any value to US dollars. What are some of your ideas for the coming crisis?

Explain to me why Communism is bad? It seems the US government has demonized Communism and instilled a hatred of it to people who do not have a full understanding of what Communism is. They just "know" Communism is bad. It seems to me the Communist/Socialist system evens out everything. Under a Capitalist society, people will be left behind. The rich get richer, and the poor get poorer. If you ask me, Capitalism is more evil than Communism. Look at the housing market in the US now. People are losing their homes to foreclosure.

Should banks stop home foreclosures? Our tax money is given for a variety of reasons. I understand people's grief when so many is struggling to get through this crisis. The money we gave the banks was misused. It bought property, vacations, other banks and fill their wallets full of cash. They showed the American People they gave money away to those who did not need it. Not once, but twice! I believe if they used some of that money and helped the home owners to save their land, all that money would cycle back to the banks anyway and so many would not be homeless. Should the government help the American home owners that are struggling? You damn right they should! The People of America should be 1st priority! Our backs made the wealthy rich, time to SHARE THAT WEALTH WE HELPED EARNED THEM! Problem is, without the blue collar workers, the white collars will drown in their tears if they had to break a real sweat and wear a blister. Don't take that harsh, it does take both to advance. Can't have one without the other. Like a wheel needs the axle. Just saying, we all worked hard and deserve a fair shake. At the very least, stop the foreclosures they put us into and give those folks a reasonable chance to get on their feet AS WE GAVE THEM!

Will the Goverment send us all $1000 to bail the economy outta this mess????? When? This is ridiculous.. Everyday weather you get online,turn the TV on, or open the newspaper you see the the world is hurting, a lot of HUGE IMPORTANT stores and businesses are going outta business which leaves us NO place to shop even if we all had the money to go and shop which we don't. There are millions of american starving and loosing their homes and no money to bail them out. And here the Government is printing money off the press like its MONOPOLY money. There are millions of american that have been layed off from their jobs and there is no place for them to work due to the economy everyone is closing their doors and laying people off not hiring them, lots of people have also lost their stocks & retirement which means if the government dont help us we are going to starve through old age too. The government paid the banks millions of dollars to bail them out and now the banks are not lending they are sitting on the money. So that still leaves the americans BROKE... If the government would send the americans a couple thousand bucks then we would all go pay our house and car payment then there wouldn't be so many foreclosures and re-pos cause we would be able to survive.

What is the best way to buy a house in Tacoma or Lakewood WA? We are looking for to buy a house and . There are so many agents and websites and prices listed. Do we need to go through a real estate agent only? Is there any Government agency which can help us find a cheap deal or should we contact banks if they have foreclosure properties. Please guide us,we are confused on how to find a cheap deal.

Where is the economy taking us? who is he blaming this time? WASHINGTON (Reuters) – President Barack Obama promised on Saturday to do everything necessary to boost the economy out of recession and warned, in an opening shot at critics of his budget proposals, that the country had tough choices ahead. Obama, who has rolled out a series of proposals to address the economic crisis since taking office on January 20, expressed confidence those initiatives would work even as jobless figures rise and the economic picture worsens. "From the day I took office, I knew that solving this crisis would not be easy, nor would it happen overnight, and we will continue to face difficult days in the months ahead," he said in his weekly radio address. "My administration is committed to doing all that's necessary to address this crisis and lead us to a better day." But in an interview with The New York Times published on its website, he said he could not assure Americans the economy would start growing again later this year. "I don't know that anyone has that kind of crystal ball," Obama was quoted as saying aboard Air Force One on Friday. The president said in the interview that he expected his administration to "get all the pillars in place for recovery this year" and he urged Americans to keep spending and not "stuff money in their mattress." "How long it will take before recovery actually translates into stronger job markets and so forth is going to depend on a whole range of factors," Obama said. Obama's comments were not as positive as the projections underlying the federal budget he recently presented that suggested the economy would start bouncing back in the second half of 2009. PREVIEW OF BUDGET FIGHT While using his radio speech to tout his stimulus bill and measures to prevent home foreclosures, he also previewed a potential fight over his $3.5 trillion budget for fiscal year 2010. "Like every family going through hard times, our country must make tough choices," he said. "In order to pay for the things we need -- we cannot waste money on the things we don't." Obama, a Democrat, made clear one thing the country needed was health care reform, saying that process would help reduce the massive budget deficit and spur economic growth. The White House hosted a summit on Thursday to kick-start the process of reducing health care costs and expanding coverage to uninsured Americans. U.S. health care costs have grown to $2.5 trillion annually and the ranks of the uninsured have swollen to 46 million people. Representative Roy Blunt, in the weekly Republican radio address, warned of too much government involvement in the health care system. "Some people are spending a lot of time talking about how to spend more of your money on bigger government run programs," Blunt said. "I'm concerned that if the government steps in it will eventually push out the private health care plans millions of Americans enjoy today." Obama's budget, released last month, includes a 10-year $634 billion reserve fund to help pay for his health care reforms. In his radio address, Obama linked budgeting procedures under previous administrations to callous behavior on Wall Street that helped cause the financial and economic crises.

Does Obama take us for fools? Heading in to the November elections the government says the recession ended well over a year ago! Who on earth is gonna' believe that with massive unemployment and foreclosures?

Now that we have bailed out wall street, banks, foreclosures, auto industry, and California...? Who's gonna bail the rest of us out? This is ridiculus!!! The government has there hands in everything bigger government is the views of congress and Obama. A GOVERNMENT BIG ENOUGH TO SUPPLY YOU WITH EVERYTHING YOU NEED, IS A GOVERNMENT BIG ENOUGH TO TAKE EVERYTHING YOU HAVE...Thomas Jefferson

What has the US become? 100 % of helmets and vests worn by this nations soldiers are made by prison labour --- paid between 21 and 45 cents per hour -- It is work to support this regimes war efforts or be locked up in isolation --- The largest prison population on the earth The highest violent crime rate in the western world A history of chemical and biological warfare against civilians (Napalm and others including depleted uranium shells ) The only nation to drop 2 atomic bombs over a densely populated civilian area with little to no military value 17 % unemployed ---12 % on food stamps Currently bombing 2 nations with no declaration of war against those sovereign states while occupation forces remain for the 9th year in another Drone attacks Yemen drone attacks Pakistan occupation forces Afghanistan and Iraq A pro torture state that lied to the public at the beginning --- their former President said "Most humane camp in the world" now admits to simulating near death 183 times to one inmate and has cleared the way to legally introduce confessions obtained by torture as evidence The truth of the torture was suppressed by the current President and the photographic proof was hidden for "security reasons" from further inspection Previous photo's of abusing and torturing prisoners have been declared isolated incidents in the past and ONE single Cpl was said to have acted with out the knowledge or consent of the command staff --- ------------------------------- Slave labour provides cheap goods to a war machine Citizens can be detained or arrested based on suspicion and denied access to a lawyer -- all assets may be ceased based upon suspicion ( One official says he suspects you might be or might in the future be a terrorist that citizen loses ALL rights to the court to property or to appeal --- no conviction needed ) Road side check points -- Warrant less suspicions ( Are your papers in order has been modernized to got any ID sir) Citizens are more likely to cheer when they see an elderly woman or a student electrocuted in public by police than anything else --------------- It is estimated that 100,000 soldiers are on the streets homeless Foreclosures have plagued the nation government bail outs purchased real estate on behalf of the bank to protect the insurance industry -- Bail outs from tax payers to the ultra wealthy corporations has accelerated and continues to do so The economy has been in decimation for at least a decade with current rates of unemployment reaching 17 % and those reliant on the government for food hits record breaking levels of 12 % of the total population ---------------------------------------- What has the US become ?

WHAT IS WRONG WITH THIS GOVERNMENT??!!? I just saw on the news that there is a new law in action. It states, that if you have had a foreclosure, then you may not vote. WHAT?!?! It says in the Constitution that the only way that the government may take away your vote, is if you have been imprisoned. It does not say anywhere that they can take it away if you have had a foreclosure. Its clearly unconstitutional! This government just keeps pissing me off more and more. They are literally taking our right away from us, and nobody seems to care. they are doing this because they know that most of the people that will get foreclosures are African-American, and by doing this they will take away they're right to vote for, the obvious man that most will vote for, Obama. We need to wake up and see what is going on. Did you know that the IRS is also unconstitutional? The IRS is in the executive branch, and in the Constitution it says that only the Congress, the legislative branch, may collect taxes. What is wrong with this government. If this continues, then we will one day become a fascist state. That is not good. So my questions are, is this law not wrong, and for the ones that still believe that the government is there for you, are you starting to see what is really going on? Viva La Revolucion

Democrats -- Wouldn't You Want To See Examples Of Liberal Ideals On How To Run The Government ? I'm assuming that you're bright and can discern the truth . You probably believe in alot of the Democrat's ideas on how to run this country . Well what would you say if you could find proof as to whether those ideas work or not ? Pretty good idea huh ? Well here's proof . It's kinda long but I'm sure with all of your successful academic achievements that you'll be able to read and re-read this in no time . And I'm quite sure you'll appreciate seeing proof before believing . You know , the whole 'question everything' ideal that you've been taught . Read this . Give it thought . then tell me Democrats have good ideas . . . or maybe they don't ?BTW , this is about 2 term Democratic Governor Jennifer Granholm of Michigan . Granholm was reelected due to national politics Michigan is in a unique situation due to its economy! Statistics from granholmrecord.com: 51st in growth of home values Detroit ranks #2 most dangerous city in the US, Flint is #3 most dangerous Vetoed 4 year limit on welfare (Vermont is the only other state with no limits) Michigan faces possible $100 million in sanctions if no working welfare workers Increased Medicare costs from $5.6 billion to $7.2 billion Detroit ranked behind Cleveland as second poorest major city Detroit household incomes dropped 18.8% 1999-2005 Failed to work with Delphi then blasted Delphi after it filed for bankrupcy 2700 Electrolux AB employees jobless in Greenville,Mi after Granholm failed to act Due to Electrolux layoffs, Montcalm County opened its first homless shelter for men Failed to meet with Honda, losing 1500 jobs, $400 million Dept of Human Services overpaid $25.5 million for welfare in 2003 Granholm increased taxes by $2 billion 7.1% unemployment rate (37% more than the national average) Falsely claimed she landed Google-Larry Page, cofounder, is the son of Michigan State University computer science professor Dr. Carl Victor Page Vetoed road project Ford Wixom plant, then plant closed nearly half (44.7%) Detroit children live in poverty, 31.7% adults live in poverty 50th in per capital gross state product growth ranked 49th best state to do business in manufacturing jobs lost since 2003-115,700 Foreclosures doubled in two years; RealtyTrac states Detroit, Livonia, Dearborn are number one in the nation for most foreclosures, 4 times the national average 544 schools failing to meet federal standards bottom 4 states to improve teacher quality signed HB5029 allowing hunters to hunt mourning doves for target practice with the potential for lead hazards in decaying birds Michigan ranked D for computers in classrooms 6 people released from prison during Granholm tenure due to administrative failures: Patrick Selepak was released due to an error in parole violation and was one of the 6. Since 2003, 53,000 more with no health insurance Michigans graduation rate dropped from 76.2% to 74% 321 Foster Care providers convicted of crimes both sexual and domestic abuse ranked 10 out of 10 in disaster readiness failed to eliminate SBT- 80,000 jobs lost We need volunteers to help in this effort: 25% Michigan voters needed to sign petition in 90 days to force a special election after a successful recall. I am quite frankly disappointed in most of the first 6 answers . There's plenty of information to consider yet you're answers don't address ANY of the above info . (shakes head) .

What happens if a second wave of foreclosures and big company failures start along with new credit crisis? in late 2008, there was a financial meltdown where bad home loans and credit crisis led to the collapse of "too big to fail" companies like AIG, citibank, Freddie Mac, Fannie Mae, etc etc. At that time credit card defaults and home foreclosures were alarmingly high. Then the government came up with TARP or "bailout" program to help these banks and large failed companies. As result stock market rallied and Bernanke boasted of "recession ending" and "economic rebound now" However, due to such actions the deficit soared over trillions and US national debt skyrocketed. If a second wave of such corporate failures and credit card/ bank defaults start, will the government again bailout? Is it possible that the government just keeps creating TARP over and over again and always keeps bailing out to prevent recession damage? How long can such game last?

What do you do when youve lost your paid off home to a flood, and waited 4 years for fema to do nothing ? Thats right !!! Our home was severly damaged in a flood 4 years ago and it WAS declared a disaster area. Fema gave us $800 for a footer and never went under the house. Then they said it qualified to be bought out and after 4 years of government runarounds and the roof collapsing and FEMA not coming up with any more money we had to sell it and take a $40,000 loss !!! We never got a credit card like Katrina victims or any other assistance. We had to evacuate the premises immediately on our dime with no help from the government and relocate. We have spent nearly $25,000 bucks in rent waiting on them to say we don't have the money yet to buy your 49,000 dollar home !!! A construction company had been really pestering us to buy it and we got fed up and sold it. Now we are looking at foreclosures and bank repo's and home auction websites, but people with more money than us keep outbidding us on homes that we see and like !!! GOOD LUCK TO NEW ORLEANS AND MINNESOTA !!! How do we get help ???

My mortgage company filed bankruptcy in March , but never told us. ? we got a letter in July that they had sold some loans and to send the next payment to a different company. I did. They sent it back and said we were in foreclosure and they had had our account since March. No one told us. Option one committed several illegal acts, and we have had our home for ten years. We have a lawyer, but is there any government funds for those of us that didn't buy a house we couldn't afford and just left. Any help would be appreciated. Thank you Terri

3 months ago I posted a question regarding the growing Number of Homeless from Foreclosures? and I got slammed for suggesting it.. well here you go 1/2 million new families.. http://news.yahoo.com/s/ap/20090709/ap_on_go_ca_st_pe/us_homeless_americans but at 200-600k foreclosures Monthly for the last year, that number is exponentially higher we won't hear about it until it's unavoidable.. but you will see that Millions new homeless have been entered into our "Land Of Plenty" Why has the United States Government both Repub and Dem, ignored this tragedy? The Bush TARP money went to ..who knows where, and Obama's second half went straight into the banks pockets.. with little more over site.. and yet foreclosures continue on and on.. shouldn't this one issue be enough to make American Blood Boil for their fellow Countrymen ? The Irony Of Yahoo answers is that even if you try to ask a non partisan question the partisan hacks take it upon themselves to bash The other.. silly people. Don't you understand that It's an equal shakedown of us all ? No One..NO ONE, buys a house thinking "Hey maybe we can live here for at least 6 months before the Money runs out" come on, you are smarter than that.. These people were lured into the "Ownership Society" There was a direct Push by the previous administration to lower Lending standards.. it's well published..http://forum.xcpus.com/financial-chat/7550-subprime-debacle-traps-even-very-credit-worthy-housing-boomed-industry-pushed-loa.html Read that to understand better how Diabolical this travesty actually is.. and it wasn't just the Republican Led Congress and Executive behind it. Democrats as well as Repubs have huge ties to sub prime lenders and Financial institutions, http://www.truthout.org/061309Z So these crooks made money on both the front and back ends get it

The government needs to give us the shovel to dig ourselves out from under the financial...? ...rubble. Do we really need to throw more money at the problem? I heard about a family in Arizona who's raffling off their home. The catch is the homeowner must ally himself/herself to a charity. The homeowner receives enough money to cover the "appraised value" for his home while the charity keeps anything over this amount. If your appraised value is $100,000 and the raffle garners $300,000, the charity is donated the overage which in this case is $200,000. Not so great for the homeowner if he owes more than appraised value. The law in Arizona needs to be changed to allow homeowners to raffle off their homes in order to avoid foreclosure either without the need to have a charity along for the ride or to give the charity a reasonable percentage of the profit after the mortgage is completely paid off. Hey, I don't have anything against charities but we are in the midst of a monumental crisis. Stop the insanity by empowering not crippling the people. What do you think?

Why do people blame the government for everything? Why do people whenever things go wrong blame it on the president or the government. For example...People are blaming obama for spending so much, or just the government in general. Well here is why, WE (americans) wanted the war in Iraq, We bought houses when we couldn't afford them, causing foreclosures and loss of property. WE bought cars when we couldn't afford them. WE can't make our payment on our stuff that we shouldn't have bought in the first place, causing companies to go out. Now all obama and the government can do is try to please us ignorant people. How? By inflating money into our economy trying to perserve the "American Dream" . So to my fellow Americans. Stop being Lazy and take responsibility for your actions. You guys are pathetic. So back to my question, why are we blaming the government? Its our responsibility I am not saying every American is like this. However a large majority are. I am just talking in general. Don't say I'm stupid. You know I am right, you just aren't ready to take those responsibilities. oh an by the way the reason I used different lettering was to emphasize different words. And the one who called me a monkey, this is a great example what is wrong with America And last thing...stop mention obama. If mccain was in office he would be doing the exact same thing, inflating money into the economy. It doesn't matter who the president is

Who is responsible for the Economy situation today? The current financial crisis facing the United States of America and the world began with the US home ownership debacle and President William Jefferson Clinton. In 1994, Clinton signed a bill to promote low-income home ownership that Business Week calls "one that argues for creative measures to promote homeownership" for those applicants who did not qualify for fixed mortgages. And these applicants came in droves and were almost always approved - no matter their credit histories or ability to pay. Said "creative ownership" began the heavy distribution of ARMs (Adjustable Rate Mortgages) that ensued. These ARMs began low but, are based on the market. As the market changed, the rates - and subsequent monthly payments for homeowners - rose to rates that the homeowners could no longer afford. Foreclosures on the ARM properties began and, like Dominos cascading onto one another, the current financial meltdown began. Both Fannie Mae and Freddie MAC were essentially and quietly taken over by the Clinton Administration and his operatives and supporters - including Franklin Raines who ran Fannie Mae and ended up with over $6M his first year - raided both corporations which had become their personal slush funds. From his days of running Fannie Mae, Franklin Raines is reported to have accumulated a personal net worth of over $100M. Another Clintonian buddy - Jamie Gorelick (remember her from the CIA/FBI fiasco?) - is also said to be personally worth in excess of $100M. It appears that some in government service CAN achieve wealth beyond the wildest dreams of most of us! They just have to sell their souls to the highest bidder and be willing to betray their fellow Americans. This fortune was accumulated during her years (1997-2003) as Vice Chairman of Fannie Mae. The fraudulent accounting scheme which apparently allowed for Democrats Raines, Gorelick and other Clinton supporters to achieve vast fortunes in a very short period of time was brought to light in 2004. As mortgage firms and investment banks heavily leveraged by ARM mortgages started to be adversely affected by the number of foreclosures, the current financial crisis began in earnest. Democrats Sen. Chuck Schumer (D-NY), Rep. Barney Frank (D-MA) also the Chairman of the House Financial Services Committee - of all things - and Democrat presidential Candidate Barack Obama (who is reported to be the 3rd largest recipient of Fannie Mae political contributions - said to be over $100K in less than 4 years) have also benefited greatly from these Democrats' personal slush funds. However, in the worst cut to We the People from the knife of corruption, the very people who created this problem will now be in charge of "correcting" it! Does this make any sense to anyone except those who have received and continue to receive funds from these institutions?????????? If we really want to get rid of these corruptions we have to vote these sleazes out of office. That requires courage. The only question remaining is: Do we have the internal fortitude to do it? If the answer is "No," you can kiss your money and your country good bye and prepare for an inevitable serfdom. http://www.businessweek.com/the_thread/hotproperty/archives/2008/02/ clintons_drive.html http://www.allbusiness.com/finance-insurance/993847-1.html http://www.dollarsandsense.org/archives/2007/0507karger.html http://volokh.com/posts/1216060102.shtml http://www.rushlimbaugh.com/home/daily/site_091808/content/ 01125107.guest.html http://americantaxpayer.wordpress.com/2008/09/18/barney-frankchuck- schumer-role-in-failure-of-fannie-maefreddie-mac/ People wake up stop listing to your liberal bias media and get the facts!!!

Why Doesn't Government Give Each Family A share Of The 700 Billion? I heard more than once that the 700 Billion bailout of "Wall Street" could give every man woman and child in the U.S. $2300 each. So for a family of 4, that's $9200. That would be a REAL stimulus check. People would catch up on their delinquent mortgages and possible get out of foreclosure. Those who are already financially stable are likely to go out and buy big ticket items like cars, down payments on houses these sub prime buyers can no longer afford. Doesn't that make more sense? Why give this money to a select few who are likely to squander it and set a president. Every company in trouble will say for now on, don't worry, the U.S. Government will save us? Or am I naive on this one? Explain!

1What is the collateral for all this bail out money we are getting from China? 2What happens if China stops loaning us the money that our government is using for there bail out plan? 3rd how is refinancing these mortgages a good thing when it brings the market price of those paying there bills down.Than if these people can not pay there mortgages they will take there personal items like cars ETC....And will they be able to do this with all that go into foreclosure after these new ways of doing business are set in place.

What can I do about corrupt local government? My husband and I bought a foreclosure home in January 2009 in a wealthy, retired, and predominantly white part of town. My husband and I are neither wealthy nor retired, in fact we are only 25. Shortly, after buying our home we had some friends who lost their jobs and could not afford a place to live. So, we let them move in with us (for free:no rent, no lease agreement, no seperate apartments). The city then informed us that it was illegal to have unrelated people living in our house. My husband and I started having meetings with code and building officials, started going to city council and planning meetings, and eventually hired a lawyer. Here we are now over a year later and we have found out that almost every political official in our city of Kankakee, Illinois is corrupt. From the city planner, council board members, the mayor, judges and even the first attorney we hired. It seems as if everyone is in "bed" together. My husband and I have been able to get absolutely no where with this and we are still facing discrimination and corruption by the city government in all areas. We can't get building permits and the city government singles us out to jump through every hoop imagineable to get anything done. It is to the point where our local lawyer does not want to help us anymore for fear of never being able to work in this town again. Please Help! What can we do?

What is you Government doing for you? How is your government doing? If any- one citizen living in the United States feels that the answer to this statement might be true, then it is time for you to act. Stop sitting on your hands doing nothing to fix our problems in Government. No more sitting back waiting for some knight in shining armor to come rescue you, they just are not going to come. No more putting your trust in those fast talking pimps because they care more about their own family, friends and MONEY then doing the real work of the people. Moreover, no more expecting those that we elected to do what is in the best interest of you, the city, the state, or your NATION for to many have proven to us they are inapt and not even deserving of our respect. In order for our Country, and our expected way of life to be sustained, and thrive, it is going to take the citizens that really care enough to pull it out of the pathetic state that our leaders and have now put us in. It is going to take the citizens to start evicting the present so-called leaders and start electing people that care and lead by example. You want change and respectability from other countries. Then stop falling on the sward and start thinking about change that will help us out of our situation and help us grow. We the people need to start stepping up and voicing out about these people and the changes needed, to bring us back to the GREAT NATION we should be and once were. Remember these caring elected people tell us what we want to hear just to get into office, and then they show their true colors. They are taking away our way of life, our jobs, our culture, our plain existence. Honestly, can these people that have hurt us so much care, be trusted with any more of our future. We must stop allowing ourselves to be lead astray by any organizations such as the Democratic Party, Republican Party, or any group, or any other organization. We deserve better, far too many of our pseudo leaders could not lead us past the front door of their banks and are leading us astray with plain BULL, most if not all are just self-fulfilling, and self motivated. THIS MOST STOP One of the greatest things we have in America is the power to make change. As some of the greatest ancestors that founded our great nation intended and fought for us. This is why we have the right to protest and remove the power that is damaging or economy and national security. Our constitution within it self-states we all have a voice that we have rights and should stand up and act, be counted. As our Government has grown 60% over the last 10 years, we have lost our way. One hand is unsure of what the other is doing, weeks of debate to fix nothing, Congressional hearing over steroids in baseball, the list is endless. Moreover, all the while, we the people are without jobs, economy is in a free fall, housing foreclosures everywhere, and our nation is shipping jobs and companies to other countries. We have become so TOP heavy and controlling that the people are the last thing they seem to care about. Keep in mind they keep collect there pay for this poorly, and inadequate job they are performing. We cry foul over the slaves of the past and wrong we where. However, that is what we are moving back to with the way our present GOVERNMENTS thinking. This time it is the powerful and the big corporations the rich and government leaders Vs the little people (slaves), that are dying off and forced to work at nothing jobs as the good jobs leave the our country. NAFTA, a way for the United States to increase jobs and a foothold in the world, what jobs you might ask, I ask that myself everyday another company leaves for Mexico, Japan ect. We have lost over 40,000 companies over the last few years and more than 500,000 jobs this year alone. Therefore, I ask , is our Government doing the right thing for our nation, our people. Are these holders of offices helping the people or just the corporations? In reality who is beneficiary of the changes, they have made to our customs laws and open borders, truly not the American people. Truly not the hard working people that made this country great, not the grandfather that is forced to work at Wal-Mart at the age of 72, because he can’t afford his prescriptions. As Mr. Bush, is set to leave office with his FULL retirement package for life I might add, after doing such a piss poor job for the last eight years, will he care about the damage he and this cronies in congress, and house have done to the American economy, I THINK NOT. Much like the companies that give big severance packages to CEOs that have mismanaged a business, after the stockholders have lost millions. One that comes to mine is a CEO that received 68 Million in severance for his inapt work (YOU KNOW WHO YOU ARE). Another is American Axel, 8 Million dollar bonus, and a raise after employees took pay cuts; benefit cutbacks, and costing more the 300 AMERICAN people there job in the United States that moved to MEXICO, sure, he deserves a raise. Again, I cannot stress enough how important it is for the people of the United States to be the agent of change for the betterment of America and for saving our Nation, DELAY on this will lead to our own demise. We are constantly saying that the Government is destroying our lives and we need less Government interference, then we need to fine the fortitude that lies within ourselves to stop them NOW. Selfish politicians that claim there helping, and looking out for us are now mistreating and abusing us. Over empowerment in office has allowed them to destroy us and destroy our GREAT NATION. We need to rebel against them and do the right thing, force them to do the right thing or get out of office; the situation has become so pathetic in the United States that it is now or we all will parish into a 3rd world nation. To protest is much like a riot; you can force change, but it is not going to change if we keep excepting the wrongs that we are and have endured. We must stan up and fight back, we are the leaders of change in this world and we must not allow them to continue their dangerous, destructive, and greedy ways. We deserve better, rise up make a stand, start making a difference TODAY, be heard now. Truly, any politician that really cares has a stake in this and the UNITED STATES and should stand next to and with us and finely fight for the people and FORCE CHANGE TO NAFTA and illegal Immigration, and this mismanaged Government as a hole. Someone needs to come forward, embrace this movement, and improve AMERICAS FATE. The fate of AMERICA rest with the people right now, because we can no longer have faith, or trust in the ones we have so inaptly placed in office and in control of our GREAT NATION. We have elected the same people to the same office so many times that they feel it is their right to be there, along with that, we have so many of our politicians with family and friends in office its turned into too ; the good old boy game. Furthermore, we allow a politician to move from one office to another when they can’t run there anymore because of time restraints, what good is that, we just open the door for them to do favors for one another to get that post, and we end up with the same results, different person. However, with our own inability to see the truth, and past their GREEDY way and bad decisions we have failed ourselves. Nevertheless, it is not to late to correct our problem. We can stand up and do today what we should have done yesterday or last week. KICK THEM TO THE SAME CURB THEY HAVE BEEN TRYING TO KICK US TO AND START OVER WITH NEW AND VERY AMERICAN PEOPLE. YOU CAN START TODAY BY CALLING EVERY GOVERNMENT OFFICE IN YOUR STATE AND ASK THEM TO RESIGN, FOR FAILING TO MEET THEIR OBLIGATIONS TO THEIR OATH, AND PRESERVE THE UNITED STATES OF AMERICA.

Recession : With War or Without it ? Isrel vrs Iran// War - and US?? Recession: With War or Without It? by Gary North by Gary North DIGG THIS The world's economy has been in growth mode at least since 1991. China has been in growth mode since 1979. The American economy had a sharp recession in 1991. Asia had a financial crisis in 1998. America had a very brief, very shallow recession in 2001. The Federal Reserve System pumped in money at an accelerating rate after mid-2000 through 2004, and did not go to tight money until the month Bernanke took over: February 2006. Inflation overcame the recession of 2001, and it overcame the crisis of 9/11, but it created the housing bubble and the commodity bubble. The housing bubble has popped. This is going to take the price of housing in the United States lower than it is today. I think 20% lower is a conservative figure. We are nowhere near the end of this popped bubble. The commodity bubble is still in full force. It is a worldwide bubble. The price of energy and the price of rice and other food commodities have received most of the attention. Federal Reserve policy since early 2006 has been one of relatively stable money. There is a lot of chatter to the contrary, but if we look at the two most significant monetary indicators, the adjusted monetary base and M1, we see that there has been very little growth in either. This is why the United States is now either in a recession or is facing one in the next few months. When a period of monetary inflation ends, economies go into recession. The American economy is slowing down, and it will continue to slow down. Both China and India have expanded their money supplies dramatically for a decade. Both countries are now facing a crisis of rising prices. Price inflation is a major threat to the continued prosperity of both countries. China's government has begun to impose selective price controls. This is creating shortages and production bottlenecks. India's government is considering doing the same thing. What both governments need to do is to tell their central banks to cease buying all government debt and all assets of any kind. The central banks need to stop inflating the money supply. But if the banks do this, both countries will experience major recessions. The governments do not want to have major recessions, but they also do not want to experience the effects of monetary inflation: price inflation. So, both of them are tempted to go back to the traditional policy of imposing price controls. This always creates shortages, and it always reduces the rate of growth of the economy. China and India are trapped. AN INTERNATIONAL TRAP The United States is in the same trap. The headlines scream of the skyrocketing costs of energy and food, but the broader consumer price indexes indicate slow increases: maybe 3% a year. This is because families are readjusting their budgets. As the prices of gasoline and food rise, families are forced to cut back expenditures in other areas. So, the general price indexes are not rising dramatically, but families are struggling with their budgets. This struggle will get much worse this winter, when the price of heating oil rises. This will exacerbate the existing economic slowdown. Furthermore, the rising price of oil means a rising balance of payments deficit for the United States. Oil-exporting countries are the main beneficiaries of the rising price of oil. This means that foreign sellers of oil will get the lion's share of the increase of the price of oil. American producers will pay for the prosperity of the oil exporting countries. They will pay in the form of reduced demand for their products. The world is facing simultaneous recession. Meanwhile, the American financial system has absorbed hundreds of billions of dollars of IOUs from home buyers who cannot possibly pay off their debts. They are in the process of defaulting to the lenders. This has created a crisis for America's largest banks, and for several major European banks. We all know the story by now, but psychologically, most Americans have not adjusted to the new economic reality. Most investors have not adjusted. Yes, the American stock market is down by 20% since last October. But still they think a recovery is just around the corner. The media keep saying this. American investors still have faith that the economy is essentially healthy, that there will not be a continuing fall in the stock market, and that the economy will not go into recession and stay in the recession for two or more years. So far, I am giving you the good news. The good news is there is going to be an international recession, rising corporate bankruptcies, bank failures, and retrenchment by consumers because they can no longer pay the rising cost of energy. Why is this good news? Because this recession is going to put a cap on the rising cost of energy. Commodity prices will fall during the recession; this includes the price of oil. NO MORE FISCAL WIGGLE ROOM Americans have steadily stopped saving over the last 28 years. In 1981, they saved over 11% of their discretionary income. Today, they save nothing. They are now in full spending mode. They have borrowed money against their future income, against their home equity, and on simple promises to pay (signature loans: credit cards). They have stretched themselves thin with respect to debt. If oil goes to $400 a barrel, or $500 a barrel, and stays there for a year, American consumers will be in panic mode. They will have to cut their budgets, and they have forgotten how to cut their budgets. They have forgotten how to save. The strategy of the optimists is to tell us that the worst is over economically. This is the government's official position. Chairman Ben Bernanke does not say this. He keeps hinting of more trouble to come. He keeps telling us that the Federal Reserve System is monitoring events. He keeps implying that there is some sort of rabbit still remaining in the Federal Reserve System's hat which they can pull out if the banking system moves into paralysis mode. But he doesn't tell us what these rabbits are, or under what conditions the FED will pull them out of its hat. The good news regarding the economy in general is not backed up by anything specific. The government tells us that the worst is over, but there are almost no indications that the worst is over. The housing market is still in decline. Foreclosures are still rising rapidly. The lenders are not selling foreclosed properties at market prices. Instead, they keep buying back the properties. There is a growing inventory of unsold properties on the books of the lenders. Meanwhile the two major sources of liquidity for the housing market, Fannie Mae and Freddie Mac, are verging on bankruptcy. On Wednesday, July 9, the stock price of Freddie Mac dropped by 23%. Yet its stock price was down over 50% since January. These two stocks have continued to fall. Everywhere we look on the horizon of the domestic economy, there is bad news. There is no sector of the economy that is improving, unless it is heavily funded by the Federal government. Health care has not slumped, because health care as funded by Medicare and other state and local government programs. This means that the Federal deficit is going to get worse in any recession. Medicare and Social Security are non-discretionary spending items. The revenues will fall. So, the supposed strength sectors of the economy are in fact guarantees of a government fiscal crisis. If the general economy slumps, the Federal deficit is likely to go over $500 billion a year. When the recession hits, commodity prices will fall. If the recession does not hit, commodity prices will continue to rise. But rising commodity prices will force bankruptcies in those firms that are not in a position to pass on increased costs to their consumers. This means industries associated with discretionary spending. If your company is dependent upon discretionary spending by the public, your job is at risk. If the recession hits, your company will suffer. If the recession doesn't hit, rising commodity prices will squeeze your company. Consumers will spend their money for gasoline and heating oil, not on the products or services your company produces. The boom economy has not been based primarily on non-discretionary income. The boom has come at the margin: those areas of the economy in which consumers do have the option of spending their money rather than saving it. So far, I have been giving you the good news. The good news is there is going to be an international recession, rising corporate bankruptcies, bank failures, and retrenchment by consumers because they can no longer pay the rising cost of energy. THE BAD NEWS The bad news is that the State of Israel is increasingly likely to launch an air strike on suspected Iranian nuclear weapons production facilities. I have discussed this before. If this happens, the price of oil will skyrocket. This will force massive readjustments of family budgets in every country on a permanent basis. This is going to force producers to fire people out of fear of bankruptcy. Consumers are going to stop buying much in the area of discretionary income. That is, those items that can be cut back will be cut back. This could mean you. If the State of Israel launches an attack on Iran, the economic news will get really bad really fast all over the world. So, the most important question today is whether or not the Israeli Air Force will attack Iran. From an economic standpoint, this is the crucial question. Here, too, the mainstream media have generally promoted optimism. They suggest that the Israelis will not attack Iran. The problem is, they can't point to anything specific that officials in the State of Israel have said that indicates that there will not be an attack. On the contrary, officials there keep saying "no comment." Something else is really ominous. The political leaders in the countries over which Israeli bombers will have to fly are deadly silent. They are not telling Israel in full public view that if Israel sends planes over their airspace, they will go to war with Israel. They are not saying that they are preparing right now to shoot down every Israeli plane that flies over their airspace. They are saying nothing. Why? I think the main reason is that they will not back up their words with deeds. They will not shoot down Israeli planes. They say nothing in public because they will do nothing if the overflights take place. If they go public with bellicose threats today, their own people will turn on them if they fail to back up their words with deeds if the flights take place. "You said you would do something. You did nothing. Get out!" This could start internal revolutions in the overflown countries. Silence is golden. It's yellow, but it's golden. This tells me that the overflight countries' leaders think the attack may take place. They would prefer to be accused of having been caught flat-footed by the Israeli Air Force than unwilling to back up a threat. American officials are offering the bipartisan line: "We must settle this through diplomacy." (To which Israeli government officials can respond, Tonto-like: "Who you mean we, paleface?") They are not saying anything about what sanctions against the State of Israel that America will impose as soon as Israeli jets bomb Iran. That is because there will be no such sanctions. Admiral Mullen supposedly sent Israel a statement in early July saying that the United States has not issued a green light for an Israeli attack on Iran. This supposedly means something important in itself. It means nothing in itself. What it means is the United States has not issued a red light against an Israeli attack on Iran. This means that there is no stop sign. There is no red light, so the absence of a green light means nothing. Of course no one has said that the United States will help Israel in such an attack. So what? Israeli officials are not asking for a public offer of American help. If the United States and those governments over which the Israeli Air Force must fly are not issuing public statements at this time warning that there will be significant negative sanctions imposed on the State of Israel as soon as the attack is launched, then this is an implied green light. Do we imagine that senior decision-makers in the Israeli government care a whit about the lack of an official American green light to their attack on Iran? They are as unconcerned about the lack of a green light as Iran is unconcerned about President Bush's threat of sanctions if Iran does not comply with all requirements announced by the Bush administration. Iran knows what Israel knows: the Bush administration is terminal. It will end on January 20, 2009. It has no teeth. Lame ducks don't bite. They merely squawk. Why should we think that either Iran or Israel gives a fig about the red light/green light debate? American pundits may think this debate is important, but why should anyone with common sense think it's important? TIMETABLES Iraq has announced that the United States must pull out its troops. It is demanding dates for this withdrawal. The Bush administration is pooh-poohing all this, and will not under any circumstances announce such a timetable, but so what? There is a timetable for the Bush administration's withdrawal: January 20, 2009. This means that the United States is going to be pressured by Iraq's government to leave Iraq from now on. Most of the troops will be forced to leave Iraq unless things change dramatically. Then what will be done with the 14 major military bases that have been built? As the pressure increases to force us to leave Iraq, and as the pressure from the Taliban increases in Afghanistan, and as the pressure from voters increases to get our troops out of both countries, and as the likelihood of the election of Obama increases, decision-makers in the State of Israel are caught between the proverbial rock and a hard place. If the United States pulls out of the region, the State of Israel will be left high and dry. But there is another possible scenario. If Iran's surrogate Shia forces in the region take on the United States troops in reaction to an Israeli attack on Iran, American public opinion will swing in favor of keeping the troops there, no matter what. "Who do those Iranians think they are? We issued no green light to the Israelis. It's not our fault." If Iran begins to supply weapons to Shia forces in Iraq and Afghanistan, and the American death rate goes up, then American voters will switch back to a pro-war position. At least, this is a possibility. Americans do not like to be pushed around. Any escalation of war in the region will create havoc for the supply of oil. The world economy is moving into recession already; it may go into a true depression if oil goes to $500 and stays there. So, the stakes are enormous. The outcome is no longer in the hands of the United States, Europe, Asia, or any of the other outsiders to the Middle East. The outcome, or at least the trigger, is completely in the hands of the decision-makers in the State of Israel. They hold the gun. Unless the United States and Western Europe tell the decision-makers in the State of Israel that Europe and the United States will impose significant negative sanctions after an attack on Iran, then decision-makers there are going to make a decision based on the self-interest of the ruling party, not the self-interest of American or European voters. They are going to take care of their perceived problem, exactly as we would expect any other national political leaders would take care of their problem. That's why all talk about war being a threat to the self-interest of the whole makes sense only if the Israelis conclude that the economic crisis will be so severe that it will take them down in the whirlpool of economic collapse. They are not afraid of military retaliation from Iran. They are also not afraid of the United States, Europe, Asia, or any other coalition that does not have the backbone to say in advance that there will be major sanctions placed on the State of Israel if there is an attack on Iran. This is why I am concerned about the threat of an Israeli attack on Iran. I am in no way calmed by statements attributed to Admiral Mullen. When Admiral Mullen holds a press conference and says publicly that there is no green light for an attack by the Israeli Air Force on Iran, and that any flyover of Iraq by Israeli planes will lead to shoot downs of Israeli planes by American planes, then I will stop worrying about the threat of an attack on Iran by the Israeli Air Force. How likely do you think such a press conference is? We must face reality: the decision to go to war with Iran is 100% in the hands of Israeli decision-makers. It is not in the hands of the United States, Europe, or Asia. In other words, the economic fate of the West over the next decade is now in the hands of decision-makers who are concerned about the long-term survival of their own country. They are concerned because they do not want to have Iran in the possession of nuclear weapons. Both candidates for President have said the same thing. We have seen saber-rattling by the Iranians with the film-doctored test of the missiles this week. These missiles are militarily useless as weapons against the Israelis. They are as irrelevant militarily as Germany's V-2 missiles were in 1945. They cannot inflict enough damage to make a difference, unless they are used against Saudi Arabian oil fields. But, if they had a nuclear warhead, that would make all the difference. The Israelis know this. So, they are going to make their decision in terms of this long-term threat. The main inhibition against an attack is the possible collapse of the Western economy, which buys Israeli-produced goods. This threat may be sufficient to keep them from attacking. I dearly hope that it is. But it is naïve to believe that they are going to make their decision because of worries about whether Admiral Mullen has issued a green light or not. CONCLUSION When you invest your money, do not ignore the worst-case scenario. Set aside some of your money on the assumption that the worst-case will come true. This is what any military strategist does. He makes his decisions in terms of what the enemy can do, not what it would be convenient for the enemy to do. I suggest that you be aware of this threat. I suggest that you sit down with the family budget and outline what your response would be if the price of gasoline were $10 a gallon or $15 a gallon or $20 a gallon. What would you do? I know what you would do. You would drive less. Ignore the happy-face assessments of the geopolitical strategists. Ignore the happy-face assessment of the Secretary of the Treasury, Henry "Goldman Sachs" Paulson. These assessments are being issued to keep panic from spreading. I am doing my best to encourage people to take rational steps with some of their liquid assets: to hedge themselves against the possibility that there will be an attack on Iran before January 20, 2009. This doesn't mean that I think such an attack is a sure thing. Decision-makers in the State of Israel are going to have to live with $400 oil, just like all the rest of us. They may decide that this risk is too great. They may decide to put up with the threat of a future nuclear-armed Iran. I won't bet all of my money on this. I don't think you should either. July 12, 2008 Gary North [send him mail] is the author of Mises on Money. Visit http://www.garynorth.com.

Can you use government grants on a house in foreclosure? My boyfriend and I want to buy our first home and know that there are a few programs out there that will help us out with the closing costs or a better interest rate. We also know there are programs available from the government, as well as our state, that offer free grant money for homes. But would we be eligible for these incentives if we want to purchase a house that currently is in foreclosure/pre-forclousure? We live in Florida if that helps . . . Also, would we look for asisitance in the county we live in or the county we plan to moving to? Thanks!

Do banks have to accept registered US treasure notes as a form of payment? We sold our 2 homes to an investor that has paid off our lender with a promissory notes backed by registered US treasury bonds. We understand that our lender must accept this form of payment under federal law but not state law. (California) So far they have not and they began foreclosing on us and suddenly stopped the foreclosure process in mid stream. The investor says he will fight the lender until the case goes to federal court. He is paying full price and then some. We have contacted several government agencies including the FBI and no one will say that this is true or untrue or even a fraud. Can anyone shed some light on this. Thanks, Gandi

So you think the Government cares about the "average joe"? Really? Everytime I ask someone to respond and tell us all about their new "green job", nothing. Nada. Zip. And for those Americans facing foreclosure on their homes? Well...the Government is here, and it wants to help! Not! http://www.huffingtonpost.com/george-goehl/secretary-geithner-is-the_b_358952.html And...if they can be this easily misled about this issue, what makes anyone think they won't be misled about Health care? http://www.huffingtonpost.com/2009/10/05/tarp-watchdogs-report-tre_n_309301.html AND...Doesn't it seem like the Fox is watching the Hen house? http://www.huffingtonpost.com/2009/10/14/geithner-aides-paid-milli_n_320447.html What was it I said about the Government being there to help you??? Don't hold your breath!

Do you agree with the following answer I found on this site? Mortgage banking meltdown: There's no valid reason but that America's corporate politicians are subservient to Wall street and the super rich. The Bush administration on Friday announced plans for a massive and unprecedented federal bailout of the US banking system. In separate appearances Friday morning, Treasury Secretary Henry Paulson and President Bush announced a series of measures to shore up collapsing financial markets and called on Congress to pass legislation next week to use, in Paulson’s words, “hundreds of billions” of taxpayer dollars to buy virtually worthless mortgage-backed assets that cannot be sold on the market from banks and other financial institutions. Paulson said he would meet over the weekend with congressional leaders to lay out the details of the government plan. With this plan, the full cost of the immense debts piled up by the banks will be imposed on the American people. It will shift the banks’ liabilities onto the federal government, sharply increasing government budget deficits and the US debt, a process that can only further erode the creditworthiness of the United States and place a bigger question mark on the value of the US dollar. The immediate line-up of both parties and the media behind the bailout plan for Wall Street stands in the starkest contrast to their indifference and inaction in regard to the plight of millions of American working people, who face a rising tide of home foreclosures, layoffs and sinking living standards. When it comes to the social needs of the people, the universal cry from corporate America and the two parties is, “There is no money,” but when the fortunes of the financial elite are threatened, the full power of the government and unlimited resources are marshaled virtually at a moment’s notice. There was no suggestion in the statements of Bush and Paulson of any relief for the working class—nothing to stop home foreclosures or help those who have already lost their homes. Rather, hundreds of billions—and more likely trillions—of dollars in public funds will be used to prop up the banks. The resulting bankrupting of the government will be used to justify a brutal assault on what remains of social programs, including Medicaid, Medicare and Social Security, and demand even greater financial “sacrifices” from workers, whether the next administration is headed by Obama or McCain. Nothing could more clearly demonstrate that behind the façade of American democracy there stands a dictatorship of big business. In his statement, Paulson said “comprehensive” action was needed “to address the root cause of our financial system stresses. The underlying weakness in our financial system today is illiquid mortgage assets that have lost value as the housing correction has proceeded.” This is a lie. The root cause of the crisis is the unbridled parasitism of American capitalism, which over a period of decades has dismantled huge sections of industry in order to reap super profits for the rich by means of financial speculation and fraud, based on a colossal buildup of debt. Now the bill is being passed to the American people. Bush, flanked by Paulson, Bernanke and Cox, called for a government bailout of Wall Street in the name of “our system of free enterprise.” “There will be ample opportunity to debate the origins of this problem,” he said. “Now is the time to solve it.” There will, in fact, be no debate or discussion. Nobody will be held accountable for the greatest financial scandal in world history. There will be no penalties. No one who made tens and hundreds of millions from the plundering of America will be forced to give back a dime. All of the financial resources of the United States are being placed at the disposal of Wall Street and every American citizen, without being asked, is being given the responsibility for covering the debts of the richest people in the country.

Where do republicans get the notion that democrats want government to control every aspect of our lives? I only want the government to fix our roads, provide us with national security, police departments, fire departments, public schools, a functioning military and oversight when it comes to the economy Isn't that what we're paying our taxes for? Are we supposed to just sit and let them do nothing with the money we're giving them every year? We elect our public officials to work for US and if I have to pay income taxes just for a President ("a conservative president") to sit back and watch banks fail, home owners face foreclosure, and young families sit and die of hunger on the street then I'd rather not pay income taxes at all... I find it ironic that many republican Bush lovers complain about democrats wanting government to control every aspect of our lives but then turn a blind eye to the many things Bush did during his administration.

wheres this story at CNN PMSNBC Feinstein routes government money to firm doing business with husband? Feinstein routes government money to firm doing business with husband | The Washington Times reports that Senator Dianne Feinstein (D-CA) took unusual steps to route government funding to an agency that usually works from a separate stream of revenue just after the agency awarded her husband’s firm a lucrative contract. The FDIC gave Richard Blum’s firm, property management firm CB Richard Ellis, contracts to handle residential foreclosures at a higher rate than normal market price, even though CBRE had less experience in that market than other competing firms. And Feinstein got the FDIC the money even though she has no connection to the Senate Banking Committee, the body that normally deals with the FDIC: On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband’s real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms. Mrs. Feinstein’s intervention on behalf of the Federal Deposit Insurance Corp. was unusual: the California Democrat isn’t a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC; and the agency is supposed to operate from money it raises from bank-paid insurance payments - not direct federal dollars. Documents reviewed by The Washington Times show Mrs. Feinstein first offered Oct. 30 to help the FDIC secure money for its effort to stem the rise of home foreclosures. Her letter was sent just days before the agency determined that CB Richard Ellis Group (CBRE) - the commercial real estate firm that her husband Richard Blum heads as board chairman - had won the competitive bidding for a contract to sell foreclosed properties that FDIC had inherited from failed banks. About the same time of the contract award, Mr. Blum’s private investment firm reported to the Securities and Exchange Commission that it and related affiliates had purchased more than 10 million new shares in CBRE. The shares were purchased for the going price of $3.77; CBRE’s stock closed Monday at $5.14. In other words, Richard Blum bought 10 million shares at the same time his wife arranged for an unusual and extremely large chunk of taxpayer money to go to FDIC. Blum must have been an investment genius to guess that his wife’s intervention would coincidentally precede the FDIC’s award, making CBRE stock more valuable. Blum’s investment made a $14 million profit for Blum and Feinstein and their partners. But of course, that’s all just a coincidence. The contract award to CBRE should raise a few eyebrows: The firm, known for its commercial real estate services, is to be paid monthly maintenance fees for each foreclosed property it handles, as well as commissions and incentives. The total compensation can range from 8 percent of the sales price on many residential properties to 30 percent for properties worth $25,000 or less. A smaller firm also won a slice of the work with similar terms, records show. Most real estate agents earn no more than 6 percent on residential, even on foreclosed properties, and CBRE doesn’t have as much experience in foreclosure sales as other firms, the experts said. FDIC awarded this contract to CBRE even though it’s more known as a commercial real estate property management firm, and it gave them more commission than agents usually get. Why would the FDIC deliberately award a contract at relatively unfavorable terms to a company with a weak track record in this industry? Perhaps they knew that the contract award would net them a lot more cash than they would have to pay out, thanks to the political connections at CBRE … and they were right. Now Feinstein wants people to believe that she and Blum had no idea that the FDIC would give CBRE this contract at the time she gave the FDIC $25 billion. How did CBRE get the contract — a lottery? They had to bid for the FDIC contract. Blum obviously knew that the bid was under consideration, or he’s the most incompetent board chairman in history. Feinstein expects us to believe that the board chairman would have no idea that his own company had a major bid under consideration for handling foreclosures at a time when foreclosures were exploding? Is that really going to be her final answer? At the very least, this shows a clear conflict of interest, especially with Feinstein suddenly jumping into the banking arena and FDIC at a time when her husband was doing business with them. It looks a lot more like a payoff and a shell game to allow her family to cash in on taxpayer-funded bailout money. (

Why is it convenient to blame the victims of the foreclosure crisis? like suddently millions of americans became stupid........while ignoring the larger economic macrofactors induced by government policy or lack thereof that have led us to where we are?

Do you think America is due for another revolution to get our government back to the people who it belongs to? Do you think that our government needs to behave more like a government that cares and works for ALL Americans rather than the rich few? They are suppose to work for us, not the other way around. History has shown that revolutions help keep our government humble. It's looking like we need another revolution with every day the gas prices go up more and more than ever; and money is being spent on foreign countries as people are losing their homes to foreclosures and people are losing their jobs to corporate greed that sends our jobs overseas. It's time people. Love America, and stand up for keeping America free, and prosperous for ALL Americans. The poorer people get, the more stressed they get, and then the more angry, and then the more ill, and then they can't work when they're ill so it's even more of a burden on our system. Please help us to help keep our country the great country we had before the Bush plague hit. Our children's futures depend on it.

I request US public elected leaders to resolve issues as scribed . do I have to pray@God for request? thanks? 7:32 am - Sat 22 Aug 2009 Google Top Gun Answers to your Google Queries « Open Question: b h Obama’s truthful birth in HI questionedfor odd otherwise evidences that birth was fraudulently recorded? Open Question: How to make $200 per day working at your house? » Open Question: BH Obama’s truthful birth in HI questionedfor odd otherwise evidences that birth was fraudulently recorded? abobe fraudis similar to fraud m j kids (@) in ca see below: Text-only versionThese search terms are highlighted: kamal karna roy jackson Yahoo!My Yahoo!Mail Search the web Sign In New User? Sign UpAnswers Home - Forum - Blog - HelpAsk Answer Discover Search for questions: Advanced Search My ProfileHome >Politics & Government >Law & Ethics >Open Question Modina Member since:14 August 2009Total points:71 (Level 1) Add to My ContactsBlock UserOpen QuestionShow me another » MICHAEL JACKSON ESTATE c/o L A COUNTY CHALLENGED AS U S UNCONSTITUTIONAL BUILT @ 2 FAKED KIDS:USDC NDNY FILE? your question Preview your question Modina Your Question MJ: PRINCE PARIS NO JACKSON.M J FAKED BIRTH RECORDS OF KIDS CAUCASIAN PURE. MANGO DO NOT GROW ON BANANA PLANT? 8.13.2009 NEW YORK: Photos Local US Politics World Sports Entertainment Offbeat Games Other Topics Latham Forums & Polls News Newswire Entertainment Yellow Pages Jobs Real Estate Shopping Photos Dating See 12 new replies to your comments PRINCE/PARIS:NO JACKSON, mjKIDS MAY AWAIT COURT ORDER? Posted in the Latham Forum Ads by Google Construction Accident - Martin, Harding & Mazzotti are your construction accident lawyers. www.1800Law1010.com Current NY Foreclosures - NY Foreclosures - NY Hud Homes $1 for a 15-Day Pass www.CurrentForeclosures.com/NY Joe Bruno is Innocent - Voice your support for Joe Bruno! Read the Truth www.justiceforjoebruno.com Comments Showing posts 1 - 1 of1 LOVE-CHILD ACTIVIST Join the community Saranac Lake, NY 1 min ago musician_icon michael jackson high level corrupt @century Showing posts 1 - 8 of8 Coco pLANTER_agent Saranac Lake, NY Reply » |Report Abuse |Judge it!|#1 Friday Jul 17 7.17. 2009: PL VISIT WEB PAGES WITH SEARCH WORDS VIZ "KAMAL KARNA ROY " ET AL FOR IN SIGHTS INTO ISSUES THAT GOES BEYOND LEGACY OF MICHAEL J JACKSON. SEE BELOW: USA DEMOCRACY MUST BE MADE TO PROTECT FROM VIOLATIONS OF LAWS BY SUPER RICH , SUPER POWERFULS AND LEADERS, BOTH ELECTED &NON ELECTED: Yahoo!My Yahoo!MailMore News Sports Finance EntertainmentGet Yahoo! Toolbar Make Y! My HomepageGet Yahoo! ToolbarAccount OptionsHi, ZerinaProfile Contacts Applications Account Info You are signed in as: zerinaboxer@ymail...Sign OutHelpSearchweb search Ask Answer Discover Search for questions: Advanced Search My Profile Home > Politics & Government > Law & Ethics > Your Open Question Zerina B,bureaucracy_derailed Member since: July 12, 2009 Total points: 46 (Level 1) Your Open QuestionShow me another » A man, icn_czar,a legend had START @human body & soul,person:MICHAEL jACKSON WAS BETRaYED BY himself & globe? Rupkatha B Roy,young adult,philosopher on "People" & reforms agent & assistant outsource USA of the rev dr kamal karna r K Roy Saranac Lake, NY Create your Topix Profile 1 min ago 7.13.2009 : relevant information for rise & fall of an ICON_CZAR in entertainment world : deceased Michael Jackson, family. as if family, as if children, fraud, violations of laws, abuses of a fallen great :michael; see below: pl search web with search words viz "kamal karna roy " et al for insights into issues referred above. thanks: Dark Brown ms, young reforms agent on "people" in democracies. thanks.

Does "the government" fix inflation statistics using technological trends? Reliable, but not necessarily expert source says the government uses moores law (and variations thereon) to cheat. E.g. Wheat has doubled in price, petrol (gas) is through the roof, Steel and aluminum (aluminium) costs a fortune etc etc etc... ...but your computer that was fast last year, is now slow and almost worthless. The cost of a DVD player has plummeted. Are they obviously cheating by deliberately ignoring the fact that you can't buy, or properly run a pentium II running windows 98, and sooner or later you'll have to buy a blu-ray player because your favourite movies are not available on DVD anymore (etc etc etc). Or are they "honestly and decently" (ahh - bless 'em) relying on home foreclosures (and related trends) to drive down the cost of our most expensive purchases, and thereby turn their published figures into reality? UK and US answers particularly appreciated... If I'm interpreting correctly, I think my sole solitary answerer agrees with the general intent behind my question (if not on the specifics), i.e. that governments appear to have a naughty habit of stacking the variables in such a way that they can report inflation as being lower than it actually is. I wouldn't mind perhaps the odd extra answer, not that the one I have isn't excellent...

$1 million for each of us.to stimulate the U.S. economy? One of the more intriguing, if far-fetched, ideas to have been raised is a populist stimulus scheme in which the federal government would move from the $300 and $600 rebate checks of recent years to serious money: $1 million for each of us. that plan would cost $300 trillion,... maybe a bit unrealistic to be sure... But what if the government decided on a still sizable personal stimulus injection? In order to keep the figure somewhat terrestrial, say we cut the imaginary tab to $2.25 trillion, or $10,000 for each of the roughly 225 million Americans old enough to vote. do you think that plan would turn the economy around? Lord knows the bank bailout has failed to stem the tide of job loses and foreclosures... would injecting this kind of money into peoples pockets really make a positive difference or just prolong what many see as the inevitable full collapse? I'm going to pick a best answer now before this question gets marks for violation again... jeez people what the F???

When are they going to listen and how do we make them listen? Our government leaders have become over the last 30 years the worlds worst terrorists! Now with over 400 billion dollars spent in Iraq, bottles of wine auctioning off for over 200 thousand dollars, people loosing their houses in foreclosure again, the homless, starving, uninsured, populations all growing, and at a rapid rate. What are we to do? How do we control our governement instead of it controlling us? Thanks but dont bother saying VOTE that doesnt work because we only get to VOTE for the canadates that they choose for us to vote for! HELLO! Leogirl you need to do some more research I think you are too young to even begin to understand what this country was like when it was good! And come on you really think a bottle of wine is worth over $200,000 when there are people in this country with out homes, food , health care, and more , you are as out as balance as our country is hence you opinion! People are loosing houses because the lending institutions are whores and will over loan and put people into negative amortization loans without blinking an eye because they gain from such bad ass loans that sink people! Leogirl, your right on now and back then life was more about family, not money, the average work week was 40hr not 60+ and life wasnt about how few tax right offs we have or the return on your money, mom and pop stores were everywhere and the banks cared about their clients, it wasnt so much what your then who you were. AJH no the government does not directly make people loose their houses unless through eminent domain. The government needs to tighten up on the ever strong and one of the largest lobbying buisnesses there is Banks and stop them from taking advantage of people in the name of profit through set up loans that can get anyone under in the right circumstances. Plus when people get introuble wouldnt it be better to cut your profits a bit so people wouldnt loose all of theirs plus now broke and bankcrupt have to pay more for everything including auto insurance because they have bad credit. Not to mention background checks for employement now do credit checks hence no job either. Enough on the 10-15 year punishments!

Foreclosures in America? We are in foreclosure and have gone to a lot of different agencies with our problem. We are in knowledge of the problem across the states. We feel the government is not fully aware of how desperate this is for Americans. We would like to start a petion from all over and be submitted to the Senate and Congress so they start helping us all USA citizens keep our home. We have a source thru the Senate that we can give all petions and stories to ,so that the Governmanet becomes excessively aware of all americans suffering thru this. I believe it is wonderful that you have a home woth 1.2 million dollars but most Americans at this time are having problems with their homes not because of work related issues but mortgage companies who have overvalued their homes.And landed them in upside down mortgages,predatory lenders,and sub prime mortgages with hidden clauses in them.

Why do Student loan/Government loans, etc...assume that parents can or should pay for education? Our daughter has been accepted to the Portland AI. She was approved for about $4500.00 through FAFSA. The annual tuition is around $30,000. We have zero money to help her. We bring in a combined income of around $50,000...A bit of history... We remodeled an old home four years ago, thinking the home we were living in would sell right away because houses were selling then. It sat on the market for three years. We ended up with $40,000 in debt trying to keep it out of foreclosure, which we ended up three weeks away from. It sold for $50,000 less then it was valued at. We lost money in a huge way! In that time my husband was diagnosed with a very rare form of cancer and given a 15-20 % chance of living. Again, more debt. (I am happy to say he is almost two years, cancer free!!! Which is priceless!!!) We lost our son in an accident this past February which added to the load. (I would be happy to pay mounds of debt and live in a box to bring him back, but I can't). I do however want my daughter to have the future she dreams of and deserves!!!....So here is my question.... How is it the government, colleges, etc... expect us to be able to fund her education based on some "chart" they use based on income? We are not looking for handouts. "She" is looking for loans. We can't take any out to help her with our credit the way it is right now. What can she do? I understand everyone has problems. I was only giving a bit of history in order to show that student funding is messed up. I do not expect the government to "bail us out of everything" If I did I would have let the house go into foreclosure and filed bankruptcy. Although, I think if you can sit on a computer and answer questions on yahoo answers...you should be able to get off disability and answer phones somewhere....How's the government bail out working for you?

Help available to purchase home for those on unemployment? Anyone know if any government help is available to people on unemployment to help in the purchase of a home. Possibly with this stimulus package?All types of help is available to help you stay in your home, to avoid foreclosure, but is there any help for those of us who have already lost our home?

how can I state and articulate the state of housing market, and likely impact of government policy? Forclosure crisis has tought us housing market is vital to the economy. some credible data to help me prove my point would truly help. I have decided that my view is that the government should shore up the problem from the roots. in my oppinion the roots of the recession is the housing slump. reasons why i believe this is because the housing industry has an effect on all of these: Falling building actividy. -bad for banks lending, and wats bad for banks is bad for economy. rising foreclosures-due to borrowers lack of knowledge gov. effort to restrain forclosures has had little effect so far. <-- What have they done so far? Paulsons plan is to bail out banks and institutions. - I think this is bad, because the banks are the people who got us into a recession. THhe reforms should directly effect housing. It would be very helpful if you could help me with some figures to back up my arguments. I have been looking all night, and found figures for my other arguments, but not these ones. THanks in advance

What make Thailand a third world country? Thailand has plenty of food and drinking water Thailand has rich cultures Thailand has beautiful landscapes Thailand has peaceful livelihood Thailand full of happy people (Last year on Washinton Post addressed Thais is the top-5 most happiest world population) Thailand has producted so many naive and optimistic Thai girl like me **** Do you think high GDP means high living standard? Do you think have material things like 5 BMW and big mansions can make people happy? *** Now look at the richest nation on earth. Do you think American are happy with their way of life? Is big Mac a happy meal? How many Americans have money in their savings (excluded 401 K?) Look at Britney spears? Look at JFK? Look at Obama? Truth be told: Most of American have big house/car, but in so much debts 1 in 25 in houses in CA is in foreclosures. 9.5 trillion debt (Of course, the US government has borrowed money from the Third world nations like China and Brazil). Any feedback? Look at this question. Please American Dad --I love you and am not judging your spending :) http://answers.yahoo.com/question/index;_ylt=AhwKgJdzqyaIlE817X4uCMjsy6IX;_ylv=3?qid=20080727063514AAcy1lO

why do you think that it's legal, or is not legal, for the federal government to tax your income? i've seen many posts on this forum lately in reference to an income tax revolt. well, if you will all chip in a lot of money...do you have it?...to pay an attorney to form a class action lawsuit and bring it all the way up to the u.s. supreme court and then argue it even more, you might have a lawsuit, but uncle sam will still tax you as you are fighting against these taxes, you can be certain of that. because i have seen so many questions about the legality of the federal government taxing you and i, i wish to know which of you think that these taxes are in fact legal and which of you don't think these taxes are legal, and why. in other words, although most of you are not judges and lawyers, if you are informed, how would you back up what you believe? please give sources, as i will give to you now. here is a very interesting little (big, really, if you don't believe that the federal government has the legal right to tax your income) article that shows why the 16th amendment was never legally ratified: http://www.givemeliberty.org/features/ta... if you disagree with the premises presented in this article, then please tell me why. now then, in my quest for The Truth, i also investigated answers itself to determine what the public felt, and i found this question, only one, that the asker did not bother to choose best answer for, but here goes: http://answers.yahoo.com/question/index;... one of the folks that answered (i myself don't think that the best answer award went to the best answer, i think that the best answer was ignored--it is below the award, which was an answers community vote, too bad) included a link to a discussion about the frivolity of lawsuits entered by individuals that refused to pay federal income tax, which, if you do not believe that the 16th amendment to the constitution of the united states is valid, and if you think that the laws are not ours, but are the government's, is an interesting read: http://www.irs.gov/taxpros/article/0,,id... i also wish to add that the above link refers to INDIVIDUALS that brought suit, but not a large group of american citizens who all believe that the 16th amendment was not legally ratified and that therefore, no federal income tax should be levied against us. (which reminds me, i want to state that we ourselves would be able to bring this country out of the depression that seems to be coming, immediately, if the comptrollers and accountants and bookkeepers of your employers did not HAVE TO take federal taxes out of your paycheck, since you'd sure have more buying power, enough, too, to make that mortgage payment if you are facing foreclosure)!!! (and, if those facing foreclosure could make those payments on time, they could get out of foreclosure and then the real estate market would get back to its historical cycle, which is this: 2 years a seller's market, followed by 5 years of a buyer's market, over and over and over again, so that income and savings can then buy those houses that got to be too highly priced in the 2 years of the seller's market... and i KNOW, because for 26 years i have owned quite a reputable real estate company and been licensed in IL, and i am very happy that i refused to participate in those risky loans that put so many people in deep, deep doo-doo as is proved today--i.e., i KNOW better by long experience and ethics that i disagree with taking that almighty commission buck by placing my folks into an impossible situation which they would then blame on me). (and take this as a given: i am published for writing of the real estate industry all about the real estate industry, so know that all of it, from unimproved land up to the sale of improved, built on, pieces, and all of those workers and materials that make it improved represents almost a THIRD of our GDP, so, it is damned important to our economy and it is important that those facing foreclosure pay their mortgages!!!). so then, i ask you, mr. or ms. john or jane q. public, is uncle sam illegally taking money from your income that you feel you could use wiser, in order to fund ITS programs, and to fund ITS very, very high employment rate, even today, when almost every other employment sector in the united states is telling us that they are laying off even more and more thousands of workers every day? and now i will present to you only the first of 12 youtube discussions by red beckman about the law that "never was," that show us how WE make the laws, because this is the united states of america, a republic, not a democracy, and not a fascist or communist state: http://www.youtube.com/watch?v=grjmnkj7L... which, if you say that you will revolt against the federal income tax, i ask you to really study up on what red buckman says in ALL 12 of these clips, because, you will need to tell your class action attorney to use these arguments to fight for you, and for me (because i, for one, want to retain more of my income--i really work HAR EDIT: which, if you say that you will revolt against the federal income tax, i ask you to really study up on what red buckman says in ALL 12 of these clips, because, you will need to tell your class action attorney to use these arguments to fight for you, and for me (because i, for one, want to retain more of my income--i really work HARD to get it, and don't you?). as is my habit, i will not give you a thumbs down if you happen to have different thoughts than i do, of COURSE not! but if you give me a one liner or can't back up your argument, i will give you thumbs down, but i will wait and let others that post answers to this question give them a TD themselves before i myself do it. whatever information you wish to include about yourself will interest me (age, education, geographical location, job, and so on). i'm making it 7 days, not 3, for you to answer so that you can delve into the articles/clips that are provided... BROWN950...: you should look at the first of the 12 clips that are all at the link i gave on youtube for the definition of common law. then i think you will think a little differently. i hope you edit and add to your answer after you watch that. EDIT: Dr. Science's links DO open, just clear your cache first. the first one is more interesting to me than the second one. well, if we want to change the tax laws via political activism, what route would you choose? i am an independent voter, are you? the reason i am (other than i don't want to vote a straight ticket) is because i do not want the parties to know WHO i plan to vote for. why don't more of you begin to look at the 3rd party candidates? there are the libertarian party, the constitutionalist party, and more. there is even a communist party. i think that the "apportionment" clause of the tax laws make it invalid, not only that it was not fully ratified as required by law. but put the two together and then ask ron paul. btw: if you wanted to categorize me with any party, you may as well call me a "paulista." that man knows about money! EDIT: it does not make sense to quote the internal revenue code as it applies to this question because you'd have to first have constitutional law before you go to any code, for anything, in this country.

ARM Loan - Lost house before government stepped in - anything we can do? We lost our house in February of last year about 6 months before the government decided it needed to start helping out. We were with Countrywide and it got to a point were they just wouldn't help us. We couldn't afford to do another loan mod and have our payments go up in addition to the adj. rate increases. We had already done that once before when we had to escrow our property taxes (they weren't originally). Then because we owed more than the house was worth they wouldn't refinance us. Now all these homeowners are getting help keeping their houses and we have a foreclosure on our credit!! It is really frustrating when 400,000+ people are in the same situation we were and now they are the ones getting help. Is there anything we can do to alleviate the impact this situation has had on our credit? Sorry this was so long, any help you can provide would be great. If you can't help please don't respond. You have no idea how we got in the situation we did, the curcumstances around it or why our only choice was an ARM loan to begin with. We could afford the original payment and was given some real bad information and advice from the mortgage broker.

What if every us citizen (over 18 & not in jail)got one million $ tax free. wouldn't that stimulate economy? This question was posed a month ago. Yet it is a resolved question so I couldn't post a reply. So I'll start a new one. While this is a valid question that MANY have been asking. I personally think it is possible to do so. However,not with just a hand out of $1million dollars. We are seeing the down side to giving Hand outs and the abuse it causes by what's happening on Wall Street. The way this could work would be by giving credits not a lump cash sum. Rather, a credit system. And it would be for US Citizens over the age of 18 not living overseas unless they are in the armed forces or working for a government agency and they must not be in Jail or have a Prior Felony history. At the start of the credit system, there would be a 2 year moratorium on price increases for anything purchased in the USA. This will create a two fold which I'll get into later. The first draw the Citizen shall take wil be for housing. If they have an existing Mortgage, the moratorium shall state they must pay off their mortgage and stay in the home for at least 2 yrs or if they HAVE to move, they can only purchase a home of equal value. If the Citizen just lost their home to foreclosure, then they can take their credit and purchase a home at the same value as their home they lost to foreclosure. (if the home hasn't been sold by the bank, they must buy back their home from the bank) If they do not own a home and are renting, they can purchase a home equal to the value that their income level would have allowed + $100,000.00. Or what a Mortgae payment would have been equal to their rent amount + $500.00. (which ever is the greater of the two) This will stop everyone from going out and buying homes way over what they normally would have been able to afford without the hand out. And the 2 yr moratorium on moving stands for everyone to insure that price gougeing will not take place. The second thing the US Citizen can do is draw a credit to pay off bad debt. Bad debt would be any medical bills, judgements, liens,repossessions, credit card debt. Then the 3rd draw would be to pay off their car. If their car is already paid off, or over 10 yrs old, they can purchase a new car of equal or comparative value at todays standards. In otherwords, If you own a Honda Accord, you can't go out and buy a Brand New Cadillac Escalade. I think you can see where I'm going with this. The credit you take out isn't to overextend, rather get you out of debt and stay in the lifestyle you are in and can afford without being strapped by mortgage, rent, car payments and bad debt. After all these credits are obtained, your employment can be evaluated. If you have lost your job, you can take a credit to go to school to reeducate yourself. If you are currently employed, the 2 yr moratorium stands. You stay employed so as not to disrupt the balance of everyone all of a sudden wanting to be Stock Brokers or MD's and no one wants to work at a retail store as a cashier. And hopefully after these 2 yrs, the economy will be back to an even keel that more jobs will be available so those out of work, or in school can obtain a decent job with decent pay. The 4th draw will be to create a retirement account. One that cannot be touched until the age of 65. The 5th draw will be to create a college fund for your child/children that cannot be used for anything but college. The 6th draw will be to purchase health insurance. The credit will be extended for 2 yrs - giving you enough time to incorporate the payment into your budget, or hopefully have employer coverage by the 2 yr date. If you already have health insurance, you are exempt from this credit. Once everyone has a home, a car, bad debt paid off, health insurance, retirement funds, and college funds. Their credit is cut off. It's up to them to figure out how to keep from getting into overextended situations in the future. They can either take out home equity lines and run up their credit card debt, or be responsible and happy living within their means. This has been a tough 2-4 yrs for many. And I think if given this kind of opportunity - many will be content with their lifestyle and set goals and levels of success in steps, rather than with irresponsibile behaviour. Will this take monitoring%

I have a suggestion for the government on the bailout package...? How about we take control of OUR bailout money, which is is our money since it's our taxes they're using to distribute however they like without our permission. How about they use some OUR 700 billion by helping stop all the families from foreclosure. Pay off the loans that families got for the houses that way the families win, they get to keep their homes and the banks that loaned the money get their money back. Pay off the health care bills for millions of tax paying citizens that can't afford the doctor bills. And give us more money than the crap they call stimulus checks so we can really stimulate the economy. Enough for us to be able to purchase cars but only buy American auto makers. And after all of that if there is any left we'll loan it to the government with 18% interest. Pablo how is it socialism when it is OUR tax dollars. Meaning it is OUR money. How is it welfare if we're giving it to ourselves? It doesn't make sense. Socialism is what the government is doing now redistribution of wealth. Taking our tax dollars and giving it to wall street, and big corporations. Read a book!

Can I refinance my mortgage? I just lost my job and want to take advantage of the government's mortgage help.? Is there something I can do to lower the interest rate on my mortgage? I just got laid off and was earning more than my husband. My husband's salary is low because he's a salesman and makes commission...and of course times being what they are, those commissions are lower now too. I keep reading about how the government is trying help people with their mortgages. We are no where near foreclosure though - if it ever got that bad luckily I have a great family that would try to help us for a few months before it got to that. But I wanted to know if there is something I take advantage of now that won't affect our credit or anything.

IS Time to Sell BOA ? WASHINGTON (AFP) - - The US government extended a new lifeline Friday to Bank of America, injecting another 20 billion dollars in capital and guaranteeing shaky assets to help it weather the grinding financial crisis. ADVERTISEMENT The bailout for the largest US bank by assets is aimed at helping Bank of America absorb broker Merrill Lynch, which faced a meltdown last year as the credit crunch intensified. A joint statement by the US Treasury, Federal Reserve and Federal Deposit Insurance Corporation (FDIC) said the government would invest 20 billion dollars in the bank, on top of a 25-billion-dollar injection last year under the Troubled Asset Relief Program (TARP). Additionally, the government "will provide protection against the possibility of unusually large losses" on 118 billion dollars of assets backed by residential and commercial real estate loans, the market for which has been frozen due to the housing meltdown and credit crisis. The banking giant will pay the government a dividend of eight percent on the investment and agree to limits on executive compensation. The bank also agreed to implement a "mortgage loan modification program" to limit foreclosures that threaten to undermine a recovery in the housing sector. The announcement came hours before BofA released its fourth-quarter earnings. The Charlotte, North Carolina-based bank posted a loss of 1.7 billion dollars, after managing a profit of 268 million dollars a year earlier. The results stem from soaring credit costs and massive write-downs. Merrill Lynch, which was not included in the results, lost over 15 billion dollars in the quarter. The bailout comes with US authorities scrambling to avert a further collapse in the banking sector that could deal another blow to an ailing economy. A similar deal was announced last year with Citigroup. "The objective of this program is to foster financial market stability and thereby to strengthen the economy and protect American jobs, savings, and retirement security," the Treasury said. But some analysts were skeptical and Bank of America shares fell 13.7 percent to 7.18 dollars after a dive of 18 percent on Thursday. "These measures have seemingly removed a worst-case scenario for equity holders, but they show just what a mess Bank of America has managed itself into," said Patrick O'Hare at Briefing.com. Even as other banks reeled, Bank of America appeared healthy enough to buy up troubled mortgage lender Countrywide Financial last year as well as Merrill Lynch. But Robert Brusca at FAO Economics said the bank "simply bit off more than it could chew." Peter Cohan of Peter Cohan & Associates consulting firm said Bank of America rushed to buy Merrill without a full understanding of its troubles. "The numbers clearly show that without Merrill, Bank of America would be in relatively good shape, but with it, Bank of America is a financial basket case," Cohan said. Standard & Poor's said it could downgrade the bank's credit rating and warned that BofA faces the possibility of "further write-downs" from Countrywide and Merrill Lynch. BofA has already received 25 billion dollars in capital injections from the TARP, a US financial bailout fund set up to help rescue mainly banks reeling from financial turmoil triggered by a home mortgage meltdown. That included 10 billion dollars for Merrill Lynch. Under the latest agreement, BofA will absorb the first 10 billion dollars of losses and the US taxpayers will cover the next 10 billion. Any additional losses will be shared 90 percent by the US government and 10 percent by BofA. The government aid comes as the banking sector remained in deep trouble from the real estate meltdown and subsequent credit crunch that has led to around one trillion dollars in worldwide losses. Citigroup announced Friday a quarterly loss of 8.29 billion dollars and said it was splitting into two businesses in an effort to restore profitability. Bank of America on September 15 announced it was buying Merrill Lynch for 50 billion dollars in stock, scooping up the Wall Street icon battered by the housing and credit crisis. While giving a lifeline to a troubled Wall Street giant, the deal created the world's largest financial services company. The announcement came at the close of a tumultuous weekend that saw Wall Street rival Lehman Brothers seek bankruptcy protection, leading to an intensification of the crisis in the global financial system. They cant even survive after M&A with bad debts out b4 they M&A so a waste of taxes-payer $ . so i have a chance to sell it . I not invest in all companies that have been bailed out is as good as they dead.

Would you take a job for 1/2 pay if you were happier? I interviewed for a job today that pays only 1/2 of what my previous job payed. If I took this job, it would be extremely tight financially, and hard for us to climb out from under our debt We are close to filling bankruptcy but would like to avoid it if at all possible. We already doing a voluntary foreclosure. The positive side to the job is that is something that I really want to do, and think I'd be very happy there. It's also a (state) government job.

What the F is going on!!!? Under the Bush Administration we've seen oil prices rise from $19/barrel to $110. Bush and his administration are all oil men, so they obviously used the authority of the US Government to swindle the American people for more gas. Nuff said. Now the dollar is weaker than ever, gold is $1000/ounce, the economy is shedding jobs as fast as foreclosures are rising, and we're spending billions of American taxpayers money a day to fight a war that doesn't even mean anything! Can someone please tell me what's going on? How could we, as a country, fallen so far? Is there anything we can do to reverse this trend? I can appreciate the opinion of the UK, but you guys don't have much to complain about, either. At least the Pound is still respectable. Europeans come to the US just to shop our dollar is so weak right now!

serious business if you think you are going to be a smart axx don't message me only those who want to help me. Then, read it through carefully and correct the errors by inserting the proper punctuation marks or deleting those that are incorrect. Post the revised copy in the provided text box. Foreclosure Filings Hit Record High By Kenneth Musante, CNNMoney Posted: 2008-05-14 13:00:31 NEW YORK (May 14) -- US foreclosure filings reached a record high in April rising almost 65% over the previous year and putting municipalities at risk by cutting into the value of taxed property according to a study released Wednesday. Some 243,353 households nearly one in 519 received a foreclosure filing during April according to the US Foreclosure Market Report from RealtyTrac an online marketplace that tracks foreclosed properties That was up 4% from March, and surpassed the record of 239,851 set in August 2007. It's "the highest monthly total we've seen since we began issuing the report in January 2005 said chief executive James J. Saccacio in a statement. RealtyTracs measure of foreclosure filings includes notices of default auction sales and bank repossessions According to the report, 54,574 were fully repossessed by banks in April. Property tax plunge: The record number of foreclosures added their weight to an already saturated real estate market pulling down home prices Plunging home values reduce the money that cities villages and towns collect in property taxes. In particular jeopardy are parts of Nevada California Arizona and Florida whose states maintained the highest foreclosure rates, according to RealtyTrac. "For example the city council in Vallejo Calif. - part of a metropolitan area with a foreclosure rate that ranked sixth highest in the nation in April - last week voted to have the city file for bankruptcy said Saccacio. The state of California had the second-highest foreclosure rate in the nation up 112% over the previous year and affecting about one in 204 households The top spot among states was held by Nevada which maintained a foreclosure rate 3.6 times the national average affecting about one in 146 homes. Nationwide single-family home prices have fallen 7.7% since the beginning of the year to the lowest level since at least 1982 according to the National Association of Realtors and data from real-estate broker Zip Realty showed that the number of houses on the market grew by 3.5% in April. With more homes being seized by banks, local governments also lose out on tax revenue from sale transactions. "It's really hitting the municipalities from multiple fronts said RealtyTrac marketing vice president Rick Sharga in an interview. Ten hardest hit metro areas: Cities in California and Florida have been particularly hard-hit. Areas in those states accounted for 9 of the top 10 metropolitan foreclosure rates. The California metro areas of Merced Stockton Modesto and Riverside-San Bernardino took the top four spots. In Merced one out of 66 households was hit by foreclosure in April. In Florida Cape Coral-Fort Myers came in at number 5 Port St. Lucie-Fort Pierce and Fort Lauderdale came in at numbers 9 and 10. Also making an appearance was Las Vegas a city that had seen heavy real estate speculation at number 7 with one in 116 households receiving foreclosure notices. As Congress debates plans to prop up troubled homeowners the foreclosure rate shows little signs of slowing. Delinquent mortgage payments which lead to foreclosure will likely rise over the next six to 12 months according to a key mortgage trend statistic from First American CoreLogic. Copyright 2008 CNNMoney 2008-05-14 06:06:18

Did you know what the media kept from us, the taxpayers? About the bailout bill: let me tell you what the media kept silent about while this bill was being debated: 1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street's spending of the $700 billion; 2. It had NO penalties, fines or imprisonment for any executive who might steal any of the people's money; 3. It did NOTHING to force banks and lenders to rewrite people's mortgages to avoid foreclosures -- this bill would not have stopped ONE foreclosure!; 4. It had NO teeth anywhere in the entire piece of legislation, using words like "suggested" when referring to the government being paid back for the bailout; 5. Over 200 economists wrote to Congress and said this bill might actually WORSEN the "financial crisis" and cause even MORE of a meltdown.

Republicans.How many of these allegations can you disprove? RESUME OF GEORGE BUSH 1600 Pennsylvania Avenue Washington , DC 20520 EDUCATION AND EXPERIENCE: LAW ENFORCEMENT I was arrested in Kennebunkport, Maine, in 1976 for driving under the influence of alcohol. I pled guilty, paid a fine, and had my driver's license suspended for 30 days. My Texas driving record has been "lost" and is not available. MILITARY I joined the Texas Air National Guard and went AWOL. I refused to take a drug test or answer any questions about my drug use. By joining the Texas Air National Guard, I was able to avoid combat duty in Vietnam. COLLEGE I graduated from Yale University with a low C average. I was a cheerleader. PAST WORK EXPERIENCE I ran for U.S. Congress and lost. I began my career in the oil business in Midland, Texas, in 1975. I bought an oil company, but couldn't find any oil in Texas . The company went bankrupt shortly after I sold all my stock. I bought the Texas Rangers baseball team in a sweetheart deal that took land using taxpayer money. With the help of my father and our friends in the oil industry, including Enron CEO Ken Lay, I was elected governor of Texas. ACCOMPLISHMENTS AS GOVERNOR OF TEXAS I changed Texas pollution laws to favor power and oil companies, making Texas the most polluted state in the Union. During my tenure, Houston replaced Los Angeles as the most smog-ridden city in America. I cut taxes and bankrupted the Texas treasury to the tune of billions in borrowed money. I set the record for the most executions by any governor in American history. With the help of my brother, the governor of Florida, and my father's appointments to the Supreme Court, I became President after losing by over 500,000 votes. ACCOMPLISHMENTS AS PRESIDENT I am the first President in U.S. history to enter office with a criminal record. I invaded and occupied two countries at a continuing cost of over one billion dollars per week. I spent the U.S. surplus and effectively bankrupted the U.S. Treasury. I shattered the record for the largest annual deficit in U.S. history. I set an economic record for most private bankruptcies filed in any 12-month period. I set the all-time record for most foreclosures in a 12-month period. I set the all-time record for the biggest drop in the history of the US stock market. In my first year in office, over 2 million Americans lost their jobs and that trend continues every month. I'm proud that the members of my cabinet are the richest of any administration in U.S. history. My "poorest millionaire," Condoleeza Rice, had a Chevron oil tanker named after her. I set the record for most campaign fund-raising trips by a U.S. President. I am the all-time U.S. and world record-holder for receiving the most corporate campaign donations. My largest lifetime campaign contributor, and one of my best friends, Kenneth Lay, presided over the largest corporate bankruptcy fraud in U.S. History, Enron. My political party used Enron private jets and corporate attorneys to assure my success with the U.S. Supreme Court during my election decision. I have protected my friends at Enron and Halliburton against investigation or prosecution. More time and money was spent investigating the Monica Lewinsky affair than has been spent investigating one of the biggest corporate rip-offs in history. I presided over the biggest energy crisis in U.S. history and refused to intervene when corruption involving the oil industry was revealed. I presided over the highest gasoline prices in U.S. history. I changed the U.S. policy to allow convicted criminals to be awarded government contracts. I appointed more convicted criminals to administration than any President in U.S. history. I created the Ministry of Homeland Security, the largest bureaucracy in the history of the United States government. I've broken more international treaties than any President in U.S. history. I am the first President in U.S. history to have the United Nations remove the U.S. from the Human Rights Commission. I withdrew the U.S. from the World Court of Law. I refused to allow inspectors access to U.S. "prisoners of war" detainees and thereby have refused to abide by the Geneva Convention. I am the first President in history to refuse United Nations election inspectors (during the 2002 U.S. election). I set the record for fewest numbers of press conferences of any President since the advent of television. I set the all-time record for most days on vacation in any one-year period. After taking off the entire month of August, I presided over the worst security failure in U.S. history. I garnered the most sympathy for the U.S. after the World Trade Center attacks and less than a year later made the U.S.the most hated country in the world, the largest failure of diplomacy in world history. I have set the all-time record for most people worldwide to simultaneously protest me in public venues (15 million people), shattering the record for protests against any person in the history of mankind. I am the first President in U.S. history to order an unprovoked, pre-emptive attack and the military occupation of a sovereign nation. I did so against the will of the United Nations, the majority of U.S. citizens, and the world community. I have cut health care benefits for war veterans and support a cut in duty benefits for active duty troops and their families-in-wartime. In my State of the Union Address, I lied about our reasons for attacking Iraq and then blamed the lies on our British friends. I am the first President in history to have a majority of Europeans (71%) view my presidency as the biggest threat to world peace and security. I am supporting development of a nuclear "Tactical Bunker Buster," a WMD. I have so far failed to fulfill my pledge to bring Osama Bin Laden to justice. RECORDS AND REFERENCES All records of my tenure as governor of Texas are now in my father's library, sealed and unavailable for public view. All records of SEC investigations into my insider trading and my bankrupt companies are sealed in secrecy and unavailable for public view. All records or minutes from meetings that I, or my Vice-President, attended regarding public energy policy are sealed in secrecy and unavailable for public review. alannin I am not a Democrat.In fact I am not American. The fact is your governments actions(Republican or Democrat) have world-wide consequences.They have affected my life as well

how will foreclosure, deed in liue, bankrutpcy affect my credit? We are three months behind on our interest only mortgage payments and other bills. It was difficult this last year since my husband and I lived in separate places due to work and had seperate living expenses. We paid a high mortgage payment on the house and rent for the apartment. we stopped making payments when we had decided to file for bankruptcy but now I find that I may lose my Security clearance and job if I file bankruptcy, and I'm under contract with my job. I have yet to clarify that, but my real question is, is foreclosure/deed in liu better than a bankruptcy? A government financial advisor stated forcl. would be much better than a bankruptcy ch.7 creditwise. We want to open up businesses in the next 3-6 years, and buy another house in that time frame also.After filing bankruptcy it was projected that our credit score would go up 50 points right away. Will a foreclosure really kill our credit by 100-150 points?How long will it take us to get back to the 700 credit score we ha

Is there any help available for victums of idenity theft that ca help the victums recover?

Being a victim of Mortgage Fraud for Profit Scheme, who possesses the property during investigation? I was on a buy to own contract, found out after paying rent, down payment to purchase, the house went into foreclosure on the owner which was 2 years after we went into the agreement. Record now shows that the landlord had nothing to do with the house, not the owner, not on the deed & never filed our agreement at the courts. The previous owner on the deed is MIA, along with the "landlord"... I filed a complaint of Fraud, as everything we went through is a prime example of the Scheme that the FBI has been working on. Our problem, the house was foreclosed upon, and the bank that is involved in the scam is trying to evict us...they were cooperative until they found out we knew the scam was taking place. We have lots of time & money in this place, plus still wanting to purchase it! During a fraud, or scam investigation, although it has been foreclosed upon, can the scammer bank still proceed to have us evicted? Who gets the house if it's a proven scam? The scam bank? the government? who?

FORECLOSURE:Where do we go from here? With our government in turmoil as it is now, it seems as though the middle-class have been out there on the battle fields as well as our brothern soldiers. Desperately, day after day trying to save and salvage our life long savings. The bills go up, the sales are down, the rent is up, the collectors are more, money for this~for that~for everything and producing one great big Goose Egg in return. Only thing not going up is the money and the help. Some of us just aren't as smart as others and we are the victims of this War. Any Answers to that? or am I cardboard box house bound?

R we really more "experienced" at making war than engaging in peace efforts through diplomacy? Some look towards 'experience' as the means to the end. And so we look for a president with so-called 'experience'. But 'experience' got us into an unnecessary war, and 'experience' will only keep us in unnecessary war. 'Experience' brought about skyrocketing gas prices. 'Experience' brought about outsourcing. 'Experience' brought about record foreclosures and bankruptcies. And 'experience' brought about a burgeoning hatred of the US worldwide. There are times when using a sense of intelligence overrides the experience factor. The above are amongst common sense factors offered by Barack Obama. To follow that, even given US policy of never bargaining with so-called 'terrorists', does anyone see any real danger in at least making the effort to stop the violence? Of changing tired and rhetorical 'policy' to bring about long lost US standing in the world? To bring domestic matters to the forefront so that we can once again trust government? These are serious questions. Can we 'bargain' wth the enemy and if not, why not? jamesfer: One might say the same about the United States wouldn't you also say? (Quote from you) "most of the enemies of our country today are enemies that only know how to negotiate peace by force. With this kind of negotiation, one has to get there first-est with the most-est we just changed the wording..... "the biggest enemy of foreign countries today is the United States who only know how to negotiate peace by force." they haven't got their "first-est"...Yet.

I am sick and tired of hearing people down people who are in a foreclosure situation!? Me and my husband are stable, we already owned a home and bought a second home. We had a 5.99% for two years and anticipated on refinancing after the two years at a fixed rate. However, the housing market went down the tubes and our home is upside down in value now and nobody will touch us as far as a refi goes. So, we're stuck. Mean while the rate increased to 8.99 sending our payment through the roof! Now we're stuck! We can’t afford a 6K payment we were paying $3,600. So, what are we to do? It's not because we were dumb and bought a house we couldn't afford, we were fully aware that we would have to refi in two years. I'm sick and tired of hearing people saying "Oh all these people bought all these homes that they couldn't afford and now expect the government to help them" NO THAT ISN'T THE CASE FOR ALL OF US! Anybody else in my shoes? Also, if the economy is so bad because of the housing situation, why do they keep raising the mortgage rates on the adjustable, leave them as is and we’re all good! Problem solved! Credit is good... they won't refi a house that whereby the loan is more then the house is worth! Banks do NOT do that!

Who is really behind the sub-prime mortgage bailout,? If you thought Hillary Clinton’s government takeover plan for health care was bad, wait ‘til you see what she has in store for the housing sector. As always with the Clintons, the market is the problem and Big Nanny is the solution. Unfortunately for taxpayers, Hillary has bipartisan company in the Bush administration on this issue. Their election season prescription? Rewarding bad behavior. Punishing responsible behavior. Doing more harm than good. In case you’ve been living in a cave, there’s a painful credit crunch underway. The culprit is the subprime mortgage — a species of risky home loans to buyers with dubious credit and income. Cash-rich lenders doled out the subprimes hoping rising home prices would compensate for any failed bets. But when housing prices started plummeting and interest rates began rising, many borrowers started defaulting. Insolvency looms for countless lenders. Instead of letting lenders and subprime mortgage-holders suffer the consequences of their actions, politicians and grievance-mongers are riding to the supposed rescue. In a supreme irony, the very same champions of the needy in the Democrat party who complain constantly about the lack of “affordable housing” are now fighting tooth and nail to keep housing prices high. To “cure” the housing crisis, Hillary wants a 90-day moratorium on foreclosures for homeowners who default on subprimes. In addition, she wants a five-year freeze on the monthly rate for subprime adjustable mortgages. While she demonizes lenders as predatory out of one side of her mouth, the other side of her mouth is floating legislation to protect lenders from lawsuits and let them convert certain mortgages into “stable, affordable loans.” On top of all that federal meddling, she proposes a $5 billion — yes, that’s “billion” with a “b” — fund to “help communities suffering from high rates of foreclosures.” Jesse Jackson is also stirring the pot. With subprime victim sob stories flooding the news and anecdotes of minority homeowners in trouble, there’s no way the shakedown king could stay away. But the subprime mess isn’t a result of ruthless racial discrimination. If anything, it’s the result of too little discrimination by lenders too willing and eager to sign on people who had no business taking on mortgages. (And you know Jesse Jackson would be screaming either way. The lenders are damned if they lend and damned if they don’t.) Let’s boil this down to fundamentals: Why should the rest of us have to shoulder the burden because some buyers made poor choices, overextended themselves, and bought more house than they could afford? Why should other business owners bear the costs of lenders’ failed bets? And why are falling home prices such a catastrophe to be “fixed” in the first place? Sacramento Bee columnist Daniel Weintraub put it well: “It is great news when the price of energy, food, transportation, health care and consumer electronics drops. But for some reason it is bad news when the price of shelter drops. . . . Shouldn’t we be seeing stories filled with anecdotes about formerly priced-out middle-income families finally getting their chance at the American Dream?” There’s another side of the housing crunch equation that’s not making it onto the newspaper front pages and presidential campaign websites. “For every house sold because the buyer couldn’t make the payments,” Weintraub notes, “there is a buyer on the other end of that transaction who got a good deal. And for every foreclosure, there are probably 10 buyers of nearby homes who benefited from the general easing of house-price pressure.” Bingo. Fiscal conservatives ought to be balking at HillaryCare for housing. But President Bush’s treasury secretary, Hank Paulson, is singing a similar tune. He proposed a new safety net to stem the tide of home foreclosures through a bailout plan for homeowners with bad credit scores. They’d be eligible for relief from paying hundreds of dollars in additional monthly payments when their mortgage rates reset. Those who have been responsible enough to maintain good credit, however, will be out of luck. In addition, Federal Reserve Chairman Ben Bernanke has proposed that government-sponsored mortgage enterprises Fannie Mae and Freddie Mac be allowed to raise their loan limits and have their debt explicitly guaranteed by the public dole. Lawmakers on both sides of the aisle are colluding to protect the reckless and keep home prices high on the backs of prudent taxpayers. Who’ll bail us out from this perversion of the American Dream?

Cant argue with facts?

Could this economic crisis been avoided if:? the Democrats and Republican had concentrated on what was happening with predatory lenders, skyrocketing interest rates, illegals taking American blue collar jobs, spending out of control, 'pork-barrel politicians, foreclosures, etc. INSTEAD OF PARTISAN and ONE UPMONSHIP AMONG THE PARTIES. We must get the message across that they representr 'We the people" and not their own political careers and agendas. Unless they begin to work together things will only deteriorate. The lies, the slander, the fighting must stop if we are to survive as a great Nation. Please representatives, Democrat, Republican & Independent restore sanity and civility to our government. We are out here working trying to raise our families, pay our bills, do the right thing and you all are fighting against us. It is time to come together. I don't care what party you belong to but quit lying and trying to destroying each other. You are doing more harm than good to the people you were elected to repre

Superman to troubled homeowners? I need some outside opinions on this. So...the government wants to help out homeowners who have defaulted on their mortgage; yes? This will help with the foreclosure crisis and such. What about the rest of us?! I'm a homeowner. We purchased our home well within our budget, though we had a loan for much more. We live within our means, unlike other people. We aren't incredibly wealthy either - We're a normal, middle-class family. So...what do we get for being REASONABLE and REALISTIC?! What incentives do WE get from the gov't for being responsible home owners?! A gold star and pat on the back? And maybe I'm misunderstanding this whole thing. That is more than possible. If I am, please explain to me how this is NOT rewarding people who bought into a mortgage they couldn't afford. How is this even REALLY taking care of the problem; won't MORE people try to live beyond their means if the gov't keeps bailing them out? At least on the surface, it seems like the gov't wants to act as an overprotective parent and not let their "children" deal with the problems they caused.

Can somebody please explain how,with a record like this, GWB got to become President? RESUME OF GEORGE W. BUSH 1600 Pennsylvania Avenue Washington , DC 20520 EDUCATION AND EXPERIENCE: LAW ENFORCEMENT I was arrested in Kennebunkport, Maine, in 1976 for driving under the influence of alcohol. I pled guilty, paid a fine, and had my driver's license suspended for 30 days. My Texas driving record has been "lost" and is not available. MILITARY I joined the Texas Air National Guard and went AWOL. I refused to take a drug test or answer any questions about my drug use. By joining the Texas Air National Guard, I was able to avoid combat duty in Vietnam. COLLEGE I graduated from Yale University with a low C average. I was a cheerleader. PAST WORK EXPERIENCE I ran for U.S. Congress and lost. I began my career in the oil business in Midland, Texas, in 1975. I bought an oil company, but couldn't find any oil in Texas . The company went bankrupt shortly after I sold all my stock. I bought the Texas Rangers baseball team in a sweetheart deal that took land using taxpayer money. With the help of my father and our friends in the oil industry, including Enron CEO Ken Lay, I was elected governor of Texas. ACCOMPLISHMENTS AS GOVERNOR OF TEXAS I changed Texas pollution laws to favor power and oil companies, making Texas the most polluted state in the Union. During my tenure, Houston replaced Los Angeles as the most smog-ridden city in America. I cut taxes and bankrupted the Texas treasury to the tune of billions in borrowed money. I set the record for the most executions by any governor in American history. With the help of my brother, the governor of Florida, and my father's appointments to the Supreme Court, I became President after losing by over 500,000 votes. ACCOMPLISHMENTS AS PRESIDENT I am the first President in U.S. history to enter office with a criminal record. I invaded and occupied two countries at a continuing cost of over one billion dollars per week. I spent the U.S. surplus and effectively bankrupted the U.S. Treasury. I shattered the record for the largest annual deficit in U.S. history. I set an economic record for most private bankruptcies filed in any 12-month period. I set the all-time record for most foreclosures in a 12-month period. I set the all-time record for the biggest drop in the history of the US stock market. In my first year in office, over 2 million Americans lost their jobs and that trend continues every month. I'm proud that the members of my cabinet are the richest of any administration in U.S. history. My "poorest millionaire," Condoleeza Rice, had a Chevron oil tanker named after her. I set the record for most campaign fund-raising trips by a U.S. President. I am the all-time U.S. and world record-holder for receiving the most corporate campaign donations. My largest lifetime campaign contributor, and one of my best friends, Kenneth Lay, presided over the largest corporate bankruptcy fraud in U.S. History, Enron. My political party used Enron private jets and corporate attorneys to assure my success with the U.S. Supreme Court during my election decision. I have protected my friends at Enron and Halliburton against investigation or prosecution. More time and money was spent investigating the Monica Lewinsky affair than has been spent investigating one of the biggest corporate rip-offs in history. I presided over the biggest energy crisis in U.S. history and refused to intervene when corruption involving the oil industry was revealed. I presided over the highest gasoline prices in U.S. history. I changed the U.S. policy to allow convicted criminals to be awarded government contracts. I appointed more convicted criminals to administration than any President in U.S. history. I created the Ministry of Homeland Security, the largest bureaucracy in the history of the United States government. I've broken more international treaties than any President in U.S. history. I am the first President in U.S. history to have the United Nations remove the U.S. from the Human Rights Commission. I withdrew the U.S. from the World Court of Law. I refused to allow inspectors access to U.S. "prisoners of war" detainees and thereby have refused to abide by the Geneva Convention. I am the first President in history to refuse United Nations election inspectors (during the 2002 U.S. election). I set the record for fewest numbers of press conferences of any President since the advent of television. I set the all-time record for most days on vacation in any one-year period. After taking off the entire month of August, I presided over the worst security failure in U.S. history. I garnered the most sympathy for the U.S. after the World Trade Center attacks and less than a year later made the U.S.the most hated country in the world, the largest failure of diplomacy in world history. I have set the all-time record for most people worldwide to simultaneously protest me in public venues (15 million people), shattering the record for protests against any person in the history of mankind. I am the first President in U.S. history to order an unprovoked, pre-emptive attack and the military occupation of a sovereign nation. I did so against the will of the United Nations, the majority of U.S. citizens, and the world community. I have cut health care benefits for war veterans and support a cut in duty benefits for active duty troops and their families-in-wartime. In my State of the Union Address, I lied about our reasons for attacking Iraq and then blamed the lies on our British friends. I am the first President in history to have a majority of Europeans (71%) view my presidency as the biggest threat to world peace and security. I am supporting development of a nuclear "Tactical Bunker Buster," a WMD. I have so far failed to fulfill my pledge to bring Osama Bin Laden to justice. RECORDS AND REFERENCES All records of my tenure as governor of Texas are now in my father's library, sealed and unavailable for public view. All records of SEC investigations into my insider trading and my bankrupt companies are sealed in secrecy and unavailable for public view. All records or minutes from meetings that I, or my Vice-President, attended regarding public energy policy are sealed in secrecy and unavailable for public review.

Are There Organizations That Can Help Me With Our Moving Deposit? My family and I were unexpectadly slapped with a foreclosure notice on our door about a week ago and have less than a month to move. My husband and I are currently students and are receiving assistance from the government while we finish school and are able to get decent and stable employment. We have five gorgeous and loving children. We had to give up the last $500.00 we had saved for our kid's christmas presents but are still short $900.00. We would like to know if anyone can provide us with any information that help with the rest of our moving deposit. Catholic Charities already turned us down and informed us that thier funds had been depleted due to the victims of the fires that plagued us about two weeks ago. Please I know that there are still good and generous people that can at least give us help in going toward a direction that can help us move into our house before Christmas. Thank you very much and have a blessed day! The foreclosure did come unexpected since we do not own this house. We are only renting. The owner of this house is eight months behind in his payments and did not think it was essential to inform us of this. The foreclosure notice was put on our door and when we called him, he would not answer our phone calls. So I contact the bank and they tell me that its best to start looking for another place to live. And as far as our employment goes I do agree that we both should be working but I also think that working at a burger joint is not the kind of job I would like my children to remember me by. We are working toward a better future not only for ourselves but our childrens' as well.

Has anyone noticed how many records have been set by our government lately? http://news.yahoo.com/s/nm/20071127/us_nm/usa_economy_homes_index_dc Clearly something has been going on for quite a few years now, record after record after record has been set, and none of it is good stuff (for example, record budget deficits, record trade deficits, record consistently high gas prices, record foreclosures, record flow of illegal aliens, record unaffordability of cost of healthcare/insurace, record falls in home prices, etc...). I would be very interesting in hearing well thought and detailes answers from concerned american citizens who can contribute to an intellectual discussion of what is happening to the USA? Hopefully my mere asking of this question does not anger anyone and cause them to call me names or something. Pfo. Have you no shame? You have some audacity to post something like that. Really I mean it. You try to rationalize all that bad stuff, and I guess its just a coincidence that its happening all at the same time, its just a coincidence that you and those like you see all these huge problems as no problem at all. Read you post again, and if you are an honnest person, you will get a real insight of the flaw in your character...its called selfishness and greed and lack of patriotism towards your fellow citizens. Its sad that people like you live amongst us.

Would you hire this applicant after reviewing his resume? Can you guess who? Past work experience: Ran for congress and lost. Produced a Hollywood slasher B movie. Bought an oil company, but couldn't find any oil in Texas, company went bankrupt shortly after I sold all my stock. Bought the Texas Rangers baseball team in a sweetheart deal that took land using tax-payer money. Biggest move: Traded Sammy Sosa to the Chicago White Sox. With fathers help (and his name) was elected Governor of Texas. Accomplishments: Changed pollution laws for power and oil companies and made Texas the most polluted state in the Union. Replaced Los Angeles with Houston as the most smog ridden city in America. Cut taxes and bankrupted the Texas government to the tune of billions in borrowed money. Set record for most executions by any Governor in American history. Became president after losing the popular vote by over 500,000 votes, with the help of my fathers appointments to the Supreme Court. Accomplishments as president: Attacked and took over two countries. Spent the surplus and bankrupted the treasury. Shattered record for biggest annual deficit in history. Set economic record for most private bankruptcies filed in any 12 month period. Set all-time record for biggest drop in the history of the stock market. First president in decades to execute a federal prisoner. First president in US history to enter office with a criminal record. First year in office set the all-time record for most days on vacation by any president in US history. After taking the entire month of August off for vacation, presided over the worst security failure in US history. Set the record for most campaign fund-raising trips than any other president in US history. In my first two years in office over 2 million Americans lost their job. Cut unemployment benefits for more out of work Americans than any president in US history. Set the all-time record for most foreclosures in a 12 month period. Appointed more convicted criminals to administration positions than any president in US history. Set the record for the least amount of press conferences than any president since the advent of television. Signed more laws and executive orders circumventing the Constitution than any president in US history. Presided over the biggest energy crises in US history and refused to intervene when corruption was revealed. Presided over the highest gasoline prices in US history and refused to use the national reserves as past presidents have. Cut healthcare benefits for war veterans. Set the all-time record for most people worldwide to simultaneously take to the streets to protest me (15 million people), shattering the record for protest against any person in the history of mankind. (http://www.hyperreal.org/~dana/marches/) Dissolved more international treaties than any president in US history. My presidency is the most secretive and un-accountable of any in US history. Members of my cabinet are the richest of any administration in US history. (the 'poorest' multi-millionaire, Condoleezza Rice has an Chevron oil tanker named after her). Had more states to simultaneously go bankrupt than any president in the history of the United States. Presided over the biggest corporate stock market fraud of any market in any country in the history of the world. Created the largest government department bureaucracy in the history of the United States. Set the all-time record for biggest annual budget spending increases, more than any president in US history. First president in US history to have the United Nations remove the US from the human rights commission. First president in US history to have the United Nations remove the US from the elections monitoring board. Removed more checks and balances, and have the least amount of congressional oversight than any presidential administration in US history. Rendered the entire United Nations irrelevant. Withdrew from the World Court of Law. Refused to allow inspectors access to US prisoners of war and by default no longer abide by the Geneva Conventions. First president in US history to refuse United Nations election inspectors (during the 2002 US elections). All-time US (and world) record holder for most corporate campaign donations. My biggest life-time campaign contributor presided over one of the largest corporate bankruptcy frauds in world history (Kenneth Lay, former CEO of Enron Corporation). Spent more money on polls and focus groups than any president in US history. First president in US history to unilaterally attack a sovereign nation against the will of the United Nations and the world community. First president to run and hide when the US came under attack (and then lied saying the enemy had the code to Air Force 1) First US president to establish a secret shadow government. Took the biggest world sympathy for the US after 911, and in less than a year made the US the most resented country in the world (possibly the biggest diplomatic failure in US and world history). With a policy of 'dis-engagement' created the most hostile Israeli-Palestine relations in at least 30 years. Fist US president in history to have a majority of the people of Europe (71%) view my presidency as the biggest threat to world peace and stability. First US president in history to have the people of South Korea more threatened by the US than their immediate neighbor, North Korea. Changed US policy to allow convicted criminals to be awarded government contracts. Set all-time record for number of administration appointees who violated US law by not selling huge investments in corporations bidding for government contracts. Failed to fulfill my pledge to get Osama Bin Laden 'dead or alive'. Failed to capture the anthrax killer who tried to murder the leaders of our country at the United States Capitol building. After 18 months I have no leads and zero suspects. In the 18 months following the 911 attacks I have successfully prevented any public investigation into the biggest security failure in the history of the United States. Removed more freedoms and civil liberties for Americans than any other president in US history. In a little over two years created the most divided country in decades, possibly the most divided the US has ever been since the civil war. Entered office with the strongest economy in US history and in less than two years turned every single economic category heading straight down. Records and References: At least one conviction for drunk driving in Maine (Texas driving record has been erased and is not available). AWOL from National Guard and Deserted the military during a time of war. Refuse to take drug test or even answer any questions about drug use. All records of my tenure as governor of Texas have been spirited away to my fathers library, sealed in secrecy and un-available for public view. All records of any SEC investigations into my insider trading or bankrupt companies are sealed in secrecy and un-available for public view. All minutes of meetings for any public corporation I served on the board are sealed in secrecy and un-available for public view. Any records or minutes from meetings I (or my VP) attended regarding public energy policy are sealed in secrecy and un-available for public review. For personal references please speak to my daddy or uncle James Baker (They can be reached at their offices of the Carlyle Group for war-profiteering.)

Why do liberals have a tendency to ignore facts, history, and verifiable statistics? Under Bush Dow hit an ALL TIME HIGH The US economy has grew for 52 consecutive quarters 5.1% Unemployment (94.6% of Americans have a job) Interest rates lowest since 1960’s Core Inflation 2% 8.4 MILLION JOBS CREATED after Clinton era recession began Financially recovered US economy from 9/11 attacks and corporate scandals Tax revenues increased by $100 BILLION after tax cuts Productivity at an all time high. Home ownership is at an all time high (even WITH the 2% foreclosures) . US GDP continues to grow (slowly, but NOT a recession)House Passes Tax Cut Retaining Lower Rates Signs largest energy bill in HISTORY 24 Million Afghans LIBERATED 27 Million Iraqis LIBERATED Free Elections in Afghanistan Free Elections in Iraq Democratically elected government in both countries IRAQ free of murderous dictator His two murderous sons killed Zarqawi Dead 75% of known AlQaeda leaders captured or killed Lybia hands over weapons without a shot being fired Pakistan, Saudi Arabia, and UAE now allies in fight against terrorism DRAGON: Educate yourself! There WAS NO SURPLUS. Clinton's "surplus was a 10 year PROJECTION to 2010 and included the Social Security fund's surplus in the calculation. I wont waste my time with the rest of your uneducated answers. Buy a book. Funny how liberals can only answer FACTS with emotional drivel. Its why they'll vote for a one tem senator with nothing more than the word "change". LOL! FACTS are like kryptonite to liberals

On this stress scale where would you personally put the government and its activities? Where would you personally put reading the daily mail and express , telling us of these daily c0ck ups, blunders and outrages when we can do f*ck all about them short of rioting? Life Event ↓ Life Change Units ↓ Death of a Spouse 100 Divorce 73 Marital Separation 65 Imprisonment 63 Death of a Close Family Member 63 Personal Injury or Illness 53 Marriage 50 Dismissal from Work 47 Marital Reconciliation 45 Retirement 45 Change in Health of Family Member 44 Pregnancy 40 Sexual Difficulties 39 Gain a New Family Member 39 Business Readjustment 39 Change in Financial State 38 Change in Frequency of Arguments 35 Major Mortgage 32 Foreclosure of Mortgage or Loan 30 Change in Responsibilities at Work 29 Child Leaving Home 29 Trouble with In-Laws 29 Outstanding Personal Achievement 28 Spouse Starts or Stops Work 26 Begin or End School 26 Change in Living Conditions 25 Revision of Personal Habits 24 Trouble with Boss 23 Change in Working Hours or Conditions 20 Change in Residence 20 Change in Schools 20 Change in Recreation 19 Change in Church Activities 19 Change in Social Activities 18 Minor Mortgage or Loan 17 Change in Sleeping Habits 16 Change in Number of Family Reunions 15 Change in Eating Habits 15 Vacation 13 Christmas 12 Minor Violation of Law 11

What do you like the most about Senator McCain? 1. Mostly, I like the fact that Sen. McCain is proud to be an American (and I am proud of him). 2. Sen. McCain won't raise taxes (YOUR hard-earned money stays in your pocket instead of giving it to the government). 3. Sen. McCain will protect Americans around the world and at home. American soldiers will become the background of the fighting, while the Iraqi forces will take the foreground. Our soldiers will eventually stay as peacekeepers and protectors of Americans abroad - as they are in many of the places around the world). 4. Sen. McCain has a strong idea to save family homes from foreclosure. (Clinton's 5 year freeze on what the gov. charges the mortgage lenders has nothing to do with mortgage lenders adjusting the rate to us - the consumer, and as for Obama, he hasn't a clue except to attack Sen. McCain for coming up with a plan). 5. Sen. McCain may be a Republican, but he wants the party to go back to its basic fundimentals - not the was Bush treated it. Sen. McCain knows and respects, and is respected by Democrats in both the House and Senate. He has actually worked with them, and can do so for the better of America when he, Sen. John McCain, become your President of the United States of America. 6. Sen. McCain is honest. 7. Sen. McCain has foreign policy experience, and is well-respected by current foreign leaders with whom he has recently met. 8. Sen. McCain wants to keep jobs in America, and not see them go overseas, so he has a tax incentive plan for businesses to keep jobs here. Sen. McCain wants to financially help individuals to retrain for new jobs after losing jobs to foreign competitors such as the automobile and computer manufacturers. 9. Sen. McCain wants to eliminate the government's road tax during the Summer (Memorial Day to Labor Day). This would save us 18 cents per gallon, and diesel truckers would save 28 cents per gallon. The deisel tax savings would keep costs down due to delivery expenses of goods and services. 10. Sen. McCain lives against the corruption of the system. He could easily earmark millions of dollars for Arizona (like Clinton and Obama have for their states), but he hasn't asked for $1.00 because it's OUR money they take. He doesn't take money from Special Interest Groups because he doesn't want to be in their pocket (like Clinton and Obama have).

Is President George W. Bush the best ever? ACCOMPLISHMENTS OF PRESIDENT BUSH... I attacked and took over two countries. I spent the U.S. surplus and bankrupted the Treasury. I shattered the record for biggest annual deficit in history. I set an economic record for most private bankruptcies filed in any 12-month period. I set all-time record for biggest drop in the history of the stock market. I am the first president in decades to execute a federal prisoner. I am the first president in US history to enter office with a criminal record. In my first year in office I set the all-time record for most days on vacation by any president in US history. After taking the entire month of August off for vacation, I presided over the worst security failure in US history. I set the record for most campaign fund raising trips by any president in US history. In my first two years in office over 2 million Americans lost their job. I cut unemployment benefits for more out-of-work Americans than any other president in US history. I set the all-time record for most foreclosures in a 12-month period. I appointed more convicted criminals to administration positions than any president in US history. I set the record for the fewest press conferences of any president since the advent of TV. I signed more laws and executive orders amending the Constitution than any other president in US history. I presided over the biggest energy crises in US history and refused to intervene when corruption was revealed. I presided over the highest gasoline prices in US history and refused to use the national reserves as past presidents have. I cut health care benefits for war veterans. I set the all-time record for most people worldwide to simultaneously take to the streets to protest me (15 million people), shattering the record for protest against any person in the history of mankind. I dissolved more international treaties than any president in US history. I've made my presidency the most secretive and unaccountable of any in US history. Members of my cabinet are the richest of any administration in US history. (The 'poorest' multimillionaire, Condoleeza Rice, has a Chevron oil tanker named after her). I presided over the biggest corporate stock market fraud in any market in any country in the history of the world. I am the first president in US history to order a US attack and military occupation of a sovereign nation, and I did so against the will of the United Nations and the world community. I have created the largest government department bureaucracy in the history of the United States. I set the all-time record for biggest annual budget spending increases, more than any other president in US history. I am the first president in US history to have the United Nations remove the US from the Human Rights Commission. I am the first president in US history to have the United Nations remove the US from the Elections Monitoring Board. I removed more checks and balances, and have the least amount of congressional oversight than any presidential administration in US history. I rendered the entire United Nations irrelevant. I withdrew from the World Court of Law. I refused to allow inspectors access to US prisoners of war and by default no longer abide by the Geneva Conventions. I am the first president in US history to refuse United Nations election inspectors access during the 2002 US elections. I am the all-time US (and world) record holder for most corporate campaign donations. The biggest lifetime contributor to my campaign, who is also one of my best friends, presided over one of the largest corporate bankruptcy frauds in world history (Kenneth Lay, former CEO of Enron Corporation). I spent more money on polls and focus groups than any president in US history. I am the first president to run and hide when the US came under attack (and then lied, saying the enemy had the code to Air Force 1) I am the first US president to establish a secret shadow government. I took the world's sympathy for the US after 911, and in less than a year made the US the most resented country in the world (possibly the biggest diplomatic failure in US and world history). I am the first US president in history to have a majority of the people of Europe (71%) view my presidency as the biggest threat to world peace and stability. I am the first US president in history to have the people of South Korea more threatened by the US than by their immediate neighbor, North Korea. I changed US policy to allow convicted criminals to be awarded government contracts. I set the all-time record for number of administration appointees who violated US law by not selling their huge investments in corporations bidding for gov't contracts. I have removed more freedoms and civil liberties for Americans than any other president in US history. In a little over two years I have created the most divided country in decades, possibly the most divided that the US has been since the civil war. I entered office with the strongest economy in US history and in less than two years turned every single economic category heading straight down. I fired federal attorneys for political reasons and did not inform the Senate. I have not fully made enough armor both for vehicles and body armor for US military in Iraq. RECORDS AND REFERENCES: I have at least one conviction for drunk driving in Maine (Texas driving record has been erased and is not available). I was AWOL from the National Guard and deserted the military during a time of war. I refuse to take a drug test or even answer any questions about drug use. All records of my tenure as governor of Texas have been spirited away to my father1s library, sealed in secrecy and unavailable for public view. All records of any SEC investigations into my insider trading or bankrupt companies are sealed in secrecy and unavailable for public view. All minutes of meetings of any public corporation for which I served on the board are sealed in secrecy and unavailable for public view. Any records or minutes from meetings I (or my VP) attended regarding public energy policy are sealed in secrecy and unavailable for public review. Bush also went AWOL...and had his hand in the demolition of the WTC. Bush referred to the US Constitution as a God damn piece of paper. He was wrong about WMD. That got the US into a war with Iraq. The UN said there were no weapons and we still went to war anyway. At least Colin Powell did the right thing and resigned. Too bad Bush doesn't have Powell's intregrity His initial response to hurricane katrina was horrible. The "no one left behind" idea is terrible: dumb down education so children look smarter without learning what they should. The patriot act violates the bill of rights. How can we talk about the freedom of democracy here in the US when the government keeps taking away those freedoms? His tax cuts did not go to those at the bottom of the income bracket. He raised interest rates for those taking loans to go to college. Abstinence taught for sex education does not work. Safe sex should also be taught in school as well. He talked about border protection and sealing off America from Mexico, then gives the Saudis (i think it was them) control over offshipping cargo on our coast. I thought we were supposed to be protecting our borders, not selling that right off to the highest bidder! His environmental policy is not helping reduce global warming. His solution is clean-burning coal! That will never happen!

Do you think that the economy is under control, or is like an out of control truck barreling down the highway? toward a bulk gasoline refinery with nothing to stop it? After taking a look at all the debt the govt. is in, all the debt that US consumers are in ($800 billion in credit card alone circa 2005), record property foreclosures, the poorly designed and crafted profit reporting requirements for businesses, and very little government (SEC) oversight of business, I think its out of control now. Bernake might be in the cab trying to put on the brakes, but I think he is going to crash and go up in flames with the economy, shortly. What is your take?

Is Bush giving America a bad name? ACCOMPLISHMENTS OF PRESIDENT BUSH... I attacked and took over two countries. I spent the U.S. surplus and bankrupted the Treasury. I shattered the record for biggest annual deficit in history. I set an economic record for most private bankruptcies filed in any 12-month period. I set all-time record for biggest drop in the history of the stock market. I am the first president in decades to execute a federal prisoner. I am the first president in US history to enter office with a criminal record. In my first year in office I set the all-time record for most days on vacation by any president in US history. After taking the entire month of August off for vacation, I presided over the worst security failure in US history. I set the record for most campaign fund raising trips by any president in US history. In my first two years in office over 2 million Americans lost their job. I cut unemployment benefits for more out-of-work Americans than any other president in US history. I set the all-time record for most foreclosures in a 12-month period. I appointed more convicted criminals to administration positions than any president in US history. I set the record for the fewest press conferences of any president since the advent of TV. I signed more laws and executive orders amending the Constitution than any other president in US history. I presided over the biggest energy crises in US history and refused to intervene when corruption was revealed. I presided over the highest gasoline prices in US history and refused to use the national reserves as past presidents have. I cut health care benefits for war veterans. I set the all-time record for most people worldwide to simultaneously take to the streets to protest me (15 million people), shattering the record for protest against any person in the history of mankind. I dissolved more international treaties than any president in US history. I've made my presidency the most secretive and unaccountable of any in US history. Members of my cabinet are the richest of any administration in US history. (The 'poorest' multimillionaire, Condoleeza Rice, has a Chevron oil tanker named after her). I am the first president in US history to have all 50 states of the Union simultaneously go bankrupt. I presided over the biggest corporate stock market fraud in any market in any country in the history of the world. I am the first president in US history to order a US attack and military occupation of a sovereign nation, and I did so against the will of the United Nations and the world community. I have created the largest government department bureaucracy in the history of the United States. I set the all-time record for biggest annual budget spending increases, more than any other president in US history. I am the first president in US history to have the United Nations remove the US from the Human Rights Commission. I am the first president in US history to have the United Nations remove the US from the Elections Monitoring Board. I removed more checks and balances, and have the least amount of congressional oversight than any presidential administration in US history. I rendered the entire United Nations irrelevant. I withdrew from the World Court of Law. I refused to allow inspectors access to US prisoners of war and by default no longer abide by the Geneva Conventions. I am the first president in US history to refuse United Nations election inspectors access during the 2002 US elections. I am the all-time US (and world) record holder for most corporate campaign donations. The biggest lifetime contributor to my campaign, who is also one of my best friends, presided over one of the largest corporate bankruptcy frauds in world history (Kenneth Lay, former CEO of Enron Corporation). I spent more money on polls and focus groups than any president in US history. I am the first president to run and hide when the US came under attack (and then lied, saying the enemy had the code to Air Force 1) I am the first US president to establish a secret shadow government. I took the world's sympathy for the US after 911, and in less than a year made the US the most resented country in the world (possibly the biggest diplomatic failure in US and world history). I am the first US president in history to have a majority of the people of Europe (71%) view my presidency as the biggest threat to world peace and stability. I am the first US president in history to have the people of South Korea more threatened by the US than by their immediate neighbor, North Korea. I changed US policy to allow convicted criminals to be awarded government contracts. I set the all-time record for number of administration appointees who violated US law by not selling their huge investments in corporations bidding for gov't contracts. I have removed more freedoms and civil liberties for Americans than any other president in US history. In a little over two years I have created the most divided country in decades, possibly the most divided that the US has been since the civil war. I entered office with the strongest economy in US history and in less than two years turned every single economic category heading straight down. RECORDS AND REFERENCES: I have at least one conviction for drunk driving in Maine (Texas driving record has been erased and is not available). I was AWOL from the National Guard and deserted the military during a time of war. I refuse to take a drug test or even answer any questions about drug use. All records of my tenure as governor of Texas have been spirited away to my father1s library, sealed in secrecy and unavailable for public view. All records of any SEC investigations into my insider trading or bankrupt companies are sealed in secrecy and unavailable for public view. All minutes of meetings of any public corporation for which I served on the board are sealed in secrecy and unavailable for public view. Any records or minutes from meetings I (or my VP) attended regarding public energy policy are sealed in secrecy and unavailable for public review. PERSONAL REFERENCES: For personal references, please speak to my dad or uncle James Baker (They can be reached in their offices at the Carlyle Group where they are helping to divide up the spoils of the US-Iraq war and plan for the next one.)

Both Freddie Mac and Fannie Mae hold a combined worth of $5T in held mortgages. Should we still bail them out? It really disturbs me that our government is even *considering* such a ridiculous move! Why should Corporate America get the red carpet treatment when we have Americans left and right swaddled in debt and foreclosures? Whatever the hell happened to caring for US? This just makes me *sick*. http://biz.yahoo.com/ap/080711/wall_street.html

Possibly America never saw it coming? About the Middle East, we may be in term of bigger power due to our military size perhaps, but our economy and business is being invested by the Middle East. Do you think the Middle East and other countries are buying us out? OPEC barrel of oil is 110 + that 42 gallon, a full tank for a GMC truck. In my opinions, their Governments have nothing to do with the US economy business. But their people do. On the other hand, their way of thinking is of old fashion: Money is Power. They just continually are buying us out. While our FED kept cutting the rate, reporting to law maker and our research and development are too caught up in election, taxes, foreclosures, and the slice and dice of cutting the rate. Who is checking on other Countries economy? 1. Do you think the Middle East and other countries are buying us out? 2. Who is checking on other Countries economy? This is where they are making their move when we don’t realize it. 3. Any thought?

Would you hire this man to be our president? GEORGE W. BUSH RESUME The White House, USA * ACCOMPLISHMENTS AS PRESIDENT: * I attacked and took over two countries. * I spent the U.S. surplus and bankrupted the Treasury. * I shattered the record for biggest annual deficit in history. * I set an economic record for most private bankruptcies filed in any 12-month period. * I set all-time record for biggest drop in the history of the stock market. * I am the first president in decades to execute a federal prisoner. * I am the first president in US history to enter office with a criminal record. * In my first year in office I set the all-time record for most days on vacation by any president in US history. * After taking the entire month of August off for vacation, I presided over the worst security failure in US history. * I set the record for most campaign fund raising trips by any president in US history. * In my first two years in office over 2 million Americans lost their job. * I cut unemployment benefits for more out-of-work Americans than any other president in US history. * I set the all-time record for most foreclosures in a 12-month period. * I appointed more convicted criminals to administration positions than any president in US history. * I set the record for the fewest press conferences of any president since the advent of TV. * I signed more laws and executive orders amending the Constitution than any other president in US history. * I presided over the biggest energy crises in US history and refused to intervene when corruption was revealed. * I presided over the highest gasoline prices in US history and refused to use the national reserves as past presidents have. * I cut health care benefits for war veterans. * I set the all-time record for most people worldwide to simultaneously take to the streets to protest me (15 million people), shattering the record for protest against any person in the history of mankind. * I dissolved more international treaties than any president in US history. * I've made my presidency the most secretive and unaccountable of any in US history. * Members of my cabinet are the richest of any administration in US history. (The 'poorest' multimillionaire, Condoleeza Rice, has a Chevron oil tanker named after her). * I am the first president in US history to have all 50 states of the Union simultaneously go bankrupt. * I presided over the biggest corporate stock market fraud in any market in any country in the history of the world. * I am the first president in US history to order a US attack and military occupation of a sovereign nation, and I did so against the will of the United Nations and the world community. * I have created the largest government department bureaucracy in the history of the United States. * I set the all-time record for biggest annual budget spending increases, more than any other president in US history. * I am the first president in US history to have the United Nations remove the US from the Human Rights Commission. * I am the first president in US history to have the United Nations remove the US from the Elections Monitoring Board. * I removed more checks and balances, and have the least amount of congressional oversight than any presidential administration in US history. * I rendered the entire United Nations irrelevant. * I withdrew from the World Court of Law. * I refused to allow inspectors access to US prisoners of war and by default no longer abide by the Geneva Conventions. * I am the first president in US history to refuse United Nations election inspectors access during the 2002 US elections. * I am the all-time US (and world) record holder for most corporate campaign donations. * The biggest lifetime contributor to my campaign, who is also one of my best friends, presided over one of the largest corporate bankruptcy frauds in world history (Kenneth Lay, former CEO of Enron Corporation). * I spent more money on polls and focus groups than any president in US history. * I am the first president to run and hide when the US came under attack (and then lied, saying the enemy had the code to Air Force 1) * I am the first US president to establish a secret shadow government. * I took the world's sympathy for the US after 911, and in less than a year made the US the most resented country in the world (possibly the biggest diplomatic failure in US and world history). * I am the first US president in history to have a majority of the people of Europe (71%) view my presidency as the biggest threat to world peace and stability. * I am the first US president in history to have the people of South Korea more threatened by the US than by their immediate neighbor, North Korea. * I changed US policy to allow convicted criminals to be awarded government contracts. * I set the all-time record for number of administration appointees who violated US law by not selling their huge investments in corporations bidding for gov't contracts. * I have removed more freedoms and civil liberties for Americans than any other president in US history. In a little over two years I have created the most divided country in decades, possibly the most divided that the US has been since the civil war. * I entered office with the strongest economy in US history and in less than two years turned every single economic category heading straight down. * RECORDS AND REFERENCES: * I have at least one conviction for drunk driving in Maine (Texas driving record has been erased and is not available). * I was AWOL from the National Guard and deserted the military during a time of war. * I refuse to take a drug test or even answer any questions about drug use. * All records of my tenure as governor of Texas have been spirited away to my father¹s library, sealed in secrecy and unavailable for public view. * All records of any SEC investigations into my insider trading or bankrupt companies are sealed in secrecy and unavailable for public view. * All minutes of meetings of any public corporation for which I served on the board are sealed in secrecy and unavailable for public view. * Any records or minutes from meetings I (or my VP) attended regarding public energy policy are sealed in secrecy and unavailable for public review. * PERSONAL REFERENCES: * For personal references, please speak to my dad or uncle James Baker (They can be reached in their offices at the Carlyle Group where they are helping to divide up the spoils of the US-Iraq war and plan for the next one.)

Signs the Economy will worsen? Yesterday, in local newspaper, I read some news in business section, that seem are signs that the economy is either weakening or will do so soon. There was the news about the Euro Dollar getting stronger than the US Dollar; up to 1.40 now. Second, the housing market not having completely stopped falling. Third, foreclosures keep on happening on a daily basis. Third, jobless went up by 4,000. This seems really like nothing, but remembering predictions from experts about a week ago, many thousands will be losing their jobs at end of the year, primarily from Pharmaceutical companies, since no new Drug has come into market, and they cannot post the expected high earnings, so they have to cut jobs. Fourth and probably most worrisome, I guess is that in only a few hours the Federal Government had "injected" quite a few billion dollars into Wall Street on Thursday alone!!! Not having newspaper with me now, I cannot recall how much money, but it was a huge amount. How's money "injected"?

have you seen the legacy...thus so far of George Bush? George W. Bush's 50 greatest accomplishments 1. I attacked and took over two countries. 2. I spent the US surplus and bankrupted the US treasury. 3. I shattered the record for the biggest annual deficit in history (not easy) 4. I set an economic record for the most personal bankruptcies filed in any 12 month period. 5. I set all-time record for the biggest drop in the history of the stock market. 6. I am the first president in decades to execute a federal prisoner. 7. I am the first president in US history to enter office with a criminal record. 8. In my first year in office I set the all-time record for the most days on vacation by any president in US history (tough to beat my dad's, but I did). 9. After taking the entire month of August off for vacation, I presided over the worst security failure in US history. 10. I set the record for most campaign raising trips by any president in US history. 11. In my first two years in office over 2 million Americans lost their jobs. 12. I cut unemployment benefits for more out-of-work Americans than any other president in US history. 13. I set the all-time record for most real estate foreclosures in a 12-month period. 14. I appointed more convicted criminals to administration positions than any other president in US history. 15. I set the record for fewest press conferences of any president since the advent of TV. 16. I presided over the biggest energy crisis in US history and refused to intervene when corruption was revealed. 17. I signed more laws and executive orders amending the Constitution than any other US president in history. 18. I cut health-care benefits for war veterans. 19. I set the all-time record for most people worldwide to simultaneously take to the streets to protest me (15 million people), shattering the record for protest against any one person in the history of mankind. 20. I dissolved more international treaties than any president in US history. 21. I've made my presidency the most secretive and unaccountable of any in US history. 22. Members of my cabinet are the richest of any administration in US history (the poorest multimillionaire, Condoleeza Rice, has a Chevron oil tanker named after her). 23. I am the first president in US history to have all 50 states of the union simultaneously struggle against bankruptcy. 24. I presided over the biggest corporate stock market fraud in any market in any country in the history of the world. 25. I am the first president in US history to order a US attack and military occupation of a sovereign nation, and I did so against the will of the United Nations and the vast majority of the international community. 26. I have created the largest government department bureaucracy in the history of the US. 27. I set the all-time record for biggest annual budget spending increases, more than any other president in US history (Reagan was hard to beat, but I did it!) 28. I am the first president in US history to compel the United Nations to remove the US from the Human Rights Commission. 29. I am the first president in US history to have the United Nations remove the US from the Elections Monitoring Board. 30. I removed more checks and balances and have the least congressional oversight of any presidential administration in US history. 31. I rendered the entire United Nations irrelevant. 32. I withdrew from the World Court Of Law. 33. I refused to allow inspectors access to US prisoners of war and by default no longer abide by the Geneva Conventions. 34. I am the first president in US history to refuse United Nations elections inspectors access during the 2002 elections. 35. I am the all-time US (and world) record holder for the most corporate campaign donations. 36. The biggest lifetime contributor to my campaign, who is also one of my best friends, presided over one of the largest corporate bankruptcy frauds in world history (Kenneth Lay, former CEO of Enron Corporation.) 37. I spent more money on polls and focus groups than any president in US history. 38. I am the first president to run and hide when the US came under attack (and then lied, saying the enemy had the code to Air Force 1). 39. I am the first US president to establish a secret shadow government. 40. I took the world's sympathy for the US after 9/11, and in less than a year made the US the most resented country in the world (possibly the biggest diplomatic failure in US and world history). 41. I am the first US president in history to have a majority of the people of Europe view my presidency as the biggest threat to world peace and stabilty. 42. I changed US policy to allow convicted criminals to be awarded government contracts. 43. I set the all-time record for the number of administration appointees who violated US laws by not selling their huge investments in corporations that later made bids for gov. contracts. 44. I have removed more freedoms and civil liberties for Americans than any other president in US history. 45. I have created the most divided country in decades, possibly the most divided that the US has been since the Civil War. 46. I entered office with the strongest economy in US history and in less than two years turned every single economic category heading straight down. 47. I have at least one conviction for drunk driving in Maine (Texas driving record has been erased and is not available). 48. I was AWOL from the National Guard and deserted the military during time of war. I refused to take a drug test or even answer any questions about drug use. 49. All records of my tenure as governor of Texas have been spirited away to my father's library, sealed in secrecy and unavailable for public view. All records of any SEC investigation into my insider trading or bankrupted companies are sealed in secrecy and unavailable for public view. 50. All minutes of meetings of any public corporations for which I served on the board are sealed in secrecy and unavailable for public view. Any records or minutes from meetings I (or my VP) attended regarding public energy policy are sealed in secrecy and unavailable for public review. ----------------------...and that ain't all....