Comments on: Sub-Prime Memories are Short on Capitol Hill http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/ The Hard Truth about Money and Personal Finance Mon, 15 Mar 2010 15:37:50 +0000 http://wordpress.org/?v=2.9 hourly 1 By: janet carney http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-4535 janet carney Wed, 27 May 2009 19:56:12 +0000 http://toughmoneylove.com/?p=168#comment-4535 I love too how these politicans (all Democrats) ignored the Bush driven- McCain/ Kyl endorsed plea two years ago to ADDRESS the upcoming Mortgage meltdown that was apparent - 26 members signed it - and yet the Babbling Maxine W. is on record saying Freddie and Fannie are fine - we have gone over the books are we are in good shape- HA! you can see tapes online- why isn;t this getting prime tiME COVERAGE ? bONUSES THAT rAINES AND ALL TOOK - PRICELESS - I MEAN PRICEY !!! LIES DECEPT AND CORRUPT SCONDRELS Can you tell i work in the Realty Industry - it is such a travesty -- and it could have been avoided Even now they are making Modifications way too difficult - WHO HAS THE CURRENT VALUE OF THERE HOME WHEN VALUES HAVE GONE DOWN 30-40% in many neighborhoods ? Why don't they broaden it across the board - offer lower rates - and keep people in there homes - they now by now how $$$costy Foreclosure is -------this is the Worst Recessionary period ever and it ain't getting better for awhile - Not with the current "powers" that be----Sad- thanks for a good article- Raines retired - before ____ could hit the fan- now Pelosi-Waters and Mr. Barney need to do the same !!!!!!! I love too how these politicans (all Democrats) ignored the Bush driven- McCain/ Kyl endorsed plea two years ago to ADDRESS the upcoming Mortgage meltdown that was apparent – 26 members signed it – and yet the Babbling Maxine W. is on record saying Freddie and Fannie are fine – we have gone over the books are we are in good shape- HA! you can see tapes online- why isn;t this getting prime tiME COVERAGE ? bONUSES THAT rAINES AND ALL TOOK – PRICELESS – I MEAN PRICEY !!! LIES DECEPT AND CORRUPT SCONDRELS Can you tell i work in the Realty Industry – it is such a travesty — and it could have been avoided Even now they are making Modifications way too difficult – WHO HAS THE CURRENT VALUE OF THERE HOME WHEN VALUES HAVE GONE DOWN 30-40% in many neighborhoods ? Why don’t they broaden it across the board – offer lower rates – and keep people in there homes – they now by now how $$$costy Foreclosure is ——-this is the Worst Recessionary period ever and it ain’t getting better for awhile – Not with the current “powers” that be—-Sad- thanks for a good article- Raines retired – before ____ could hit the fan- now Pelosi-Waters and Mr. Barney need to do the same !!!!!!!

]]> By: janet carney http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-4534 janet carney Wed, 27 May 2009 19:54:48 +0000 http://toughmoneylove.com/?p=168#comment-4534 Shoot - that was suppose to be 26 memebers of Congress !!! typo ! Shoot – that was suppose to be 26 memebers of Congress !!! typo !

]]> By: janet carney http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-4533 janet carney Wed, 27 May 2009 19:54:00 +0000 http://toughmoneylove.com/?p=168#comment-4533 I love too how these politicans (all Democrats) ignored the Bush driven- McCain/ Kyl endorsed plea two years ago to ADDRESS the upcoming Mortgage meltdown that was apparent - 2 members signed it - and yet the Babbling Maxine W. is on record saying Freddie and Fannie are fine - we have gone over the books are we are in good shape- HA! you can see tapes online- why isn;t this getting prime tiME COVERAGE ? bONUSES THAT rAINES AND ALL TOOK - PRICELESS - I MEAN PRICEY !!! LIES DECEPT AND CORRUPT SCONDRELS Can you tell i work in the Realty Industry - it is such a travesty -- and it could have been avoided Even now they are making Modifications way too difficult - WHO HAS THE CURRENT VALUE OF THERE HOME WHEN VALUES HAVE GONE DOWN 30-40% in many neighborhoods ? Why don't they broaden it across the board - offer lower rates - and keep people in there homes - they now by now how $$$costy Foreclosure is -------this is the Worst Recessionary period ever and it ain't getting better for awhile - Not with the current "powers" that be----Sad- thanks for a good article- Raines retired - before ____ could hit the fan- now Pelosi-Waters and Mr. Barney need to do the same !!!!!!! I love too how these politicans (all Democrats) ignored the Bush driven- McCain/ Kyl endorsed plea two years ago to ADDRESS the upcoming Mortgage meltdown that was apparent – 2 members signed it – and yet the Babbling Maxine W. is on record saying Freddie and Fannie are fine – we have gone over the books are we are in good shape- HA! you can see tapes online- why isn;t this getting prime tiME COVERAGE ? bONUSES THAT rAINES AND ALL TOOK – PRICELESS – I MEAN PRICEY !!! LIES DECEPT AND CORRUPT SCONDRELS Can you tell i work in the Realty Industry – it is such a travesty — and it could have been avoided Even now they are making Modifications way too difficult – WHO HAS THE CURRENT VALUE OF THERE HOME WHEN VALUES HAVE GONE DOWN 30-40% in many neighborhoods ? Why don’t they broaden it across the board – offer lower rates – and keep people in there homes – they now by now how $$$costy Foreclosure is ——-this is the Worst Recessionary period ever and it ain’t getting better for awhile – Not with the current “powers” that be—-Sad- thanks for a good article- Raines retired – before ____ could hit the fan- now Pelosi-Waters and Mr. Barney need to do the same !!!!!!!

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-1281 Mr. ToughMoneyLove Thu, 20 Nov 2008 03:58:11 +0000 http://toughmoneylove.com/?p=168#comment-1281 R Brown: Congress should at least require the auto companies to produce a detailed business plan that explains when and how they will turn a profit so that taxpayer loans can be repaid. R Brown: Congress should at least require the auto companies to produce a detailed business plan that explains when and how they will turn a profit so that taxpayer loans can be repaid.

]]> By: R Brown http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-1280 R Brown Thu, 20 Nov 2008 03:42:51 +0000 http://toughmoneylove.com/?p=168#comment-1280 I think Capitol Hill needs to speak with companies that are making money and profit ... The companies I am speaking about they do not sell stock ether to help there company grow... They need to do this fast ... I think Capitol Hill needs to speak with companies that are making money and profit … The companies I am speaking about they do not sell stock ether to help there company grow… They need to do this fast …

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-1278 Mr. ToughMoneyLove Wed, 19 Nov 2008 16:35:32 +0000 http://toughmoneylove.com/?p=168#comment-1278 Andrea - I like your indentured servant analogy. What the folks on Capitol Hill cannot seem to come to grips with is that there are thousands of people who became homeowners as the result of forcibly relaxed lending standards that simply are not prepared to be homeowners. They do not need to jury-rig loans to keep these people in the system. Andrea – I like your indentured servant analogy. What the folks on Capitol Hill cannot seem to come to grips with is that there are thousands of people who became homeowners as the result of forcibly relaxed lending standards that simply are not prepared to be homeowners. They do not need to jury-rig loans to keep these people in the system.

]]> By: Andrea http://toughmoneylove.com/2008/11/19/sub-prime-memories-are-short-on-capitol-hill/comment-page-1/#comment-1277 Andrea Wed, 19 Nov 2008 16:26:15 +0000 http://toughmoneylove.com/?p=168#comment-1277 What this does is create a feudal state, complete with indentured servants. Ok, not <i>technically</i>, but you know what I mean. I know it would cost a fortune, but I truly believe that at some point a massive mortgage adjustment process is going to have to happen. Not only for people who are in trouble but for everyone. What this does is create a feudal state, complete with indentured servants. Ok, not technically, but you know what I mean.

I know it would cost a fortune, but I truly believe that at some point a massive mortgage adjustment process is going to have to happen. Not only for people who are in trouble but for everyone.

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