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The big Banks are doing better...
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Author | Message |
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hiamps Send message Joined: 23 May 99 Posts: 4292 Credit: 72,971,319 RAC: 0 |
The big banks are doing better, lots of money to borrow with no interest. Are you doing better? Obama made sure big business didn't suffer too long why isn't he doing anything to help the people? I thought he promised during his campain that he would stop the rate of foreclosures? Around here for the last 3 months they have accelerated. Banks are taking the houses way faster than even a year ago. It is forcing property values to continue to plummit which takes money right out of the peoples pocket...Is Obama related to Bush? They seem to come from the same stock. Official Abuser of Boinc Buttons... And no good credit hound! |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
The big banks are doing better, lots of money to borrow with no interest. Are you doing better? Obama made sure big business didn't suffer too long why isn't he doing anything to help the people? I thought he promised during his campain that he would stop the rate of foreclosures? Around here for the last 3 months they have accelerated. Banks are taking the houses way faster than even a year ago. It is forcing property values to continue to plummit which takes money right out of the peoples pocket...Is Obama related to Bush? They seem to come from the same stock. What can he do? Homeowners (felony) lied on their applications saying their income was much more than reality. Banks were forced by the Community Reinvestment Act (Jimmy Carter legislation) to lend or go out of business. Baby Boomers are at retirement age and are selling for cash, thus depressing prices on all investment assets. The chickens are coming home to roost. The fate is accomplished. |
hiamps Send message Joined: 23 May 99 Posts: 4292 Credit: 72,971,319 RAC: 0 |
The big banks are doing better, lots of money to borrow with no interest. Are you doing better? Obama made sure big business didn't suffer too long why isn't he doing anything to help the people? I thought he promised during his campain that he would stop the rate of foreclosures? Around here for the last 3 months they have accelerated. Banks are taking the houses way faster than even a year ago. It is forcing property values to continue to plummit which takes money right out of the peoples pocket...Is Obama related to Bush? They seem to come from the same stock. Not much now, but he could have forced the Banks he partly owned to honor his programs he set up. Anyone go to Bank of America and try and do the loan modification? Bank of America did a few but turned down many that qualified for no real reason, I was one of them. I never lied about my income, just listened to a loan officer at WAMU that wasn't really caring about my needs. I won't lose my house but lots of others are and they should be important also. I bet Banks own more of America than they have in years. I don't normally believe in Bailouts but since Obama bailed out so many Banks and big business's that yes the American Public deserves a bit also. Anyone that is paying more than 5.5% should get a modification, Banks are paying about 0 to borrow. Official Abuser of Boinc Buttons... And no good credit hound! |
momo19 Send message Joined: 26 Jul 09 Posts: 240 Credit: 429,662 RAC: 0 |
A wolf never eat a wolf? " All The Universe sings the Praises Of Your Lord, but you do not understand its singing(song) ". |
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