Comments on: Mortgage Mess: Bailing Out The Irresponsible With YOUR Money http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/ Cutting Down The Nonsense To Recapture Our American Culture and Heritage Wed, 09 Dec 2009 22:13:02 +0000 http://wordpress.com/ hourly 1 By: David http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/#comment-2487 David Mon, 22 Sep 2008 19:41:39 +0000 http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/#comment-2487 Have you noticed the Democrats aren't calling for an investigation? If there was a single Republican to be held responsible for creating this mess, there would be no end to it in the media. Why are the Republicans afraid to tell the truth about this. The government pressured the mortgage entities into making these crap loans, and that's what got us into this mess. NOW THEY WANT TO HELP THE PEOPLE WHO GOT IN OVER THEIR HEAD!!!!!!!!!????????? Bail out the Mortgage Industry, but no special provisions for homeowners that got in over their head. That's just the reality we all have to deal with. 95 percent of the mortgages in this country are being repaid just fine. How much further can they push the normal, hard-working, people around?! Have you noticed the Democrats aren’t calling for an investigation?

If there was a single Republican to be held responsible for creating this mess, there would be no end to it in the media.

Why are the Republicans afraid to tell the truth about this. The government pressured the mortgage entities into making these crap loans, and that’s what got us into this mess. NOW THEY WANT TO HELP THE PEOPLE WHO GOT IN OVER THEIR HEAD!!!!!!!!!?????????

Bail out the Mortgage Industry, but no special provisions for homeowners that got in over their head. That’s just the reality we all have to deal with. 95 percent of the mortgages in this country are being repaid just fine. How much further can they push the normal, hard-working, people around?!

]]> By: Harrison Bergeron http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/#comment-1161 Harrison Bergeron Fri, 14 Dec 2007 15:39:27 +0000 http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/#comment-1161 This is a great article. I agree that the long term outcome will be deflationary, however I am not so sure we will see a period of inflation before it. I think you are completely spot on as far as the severity of this situation and it does not bode well for the next 10-15 years of this country. This is a great article. I agree that the long term outcome will be deflationary, however I am not so sure we will see a period of inflation before it. I think you are completely spot on as far as the severity of this situation and it does not bode well for the next 10-15 years of this country.

]]> By: Catherine http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/#comment-1065 Catherine Mon, 10 Dec 2007 03:34:20 +0000 http://swordattheready.wordpress.com/2007/12/07/mortgage-mess-bailing-out-the-irresponsible-with-your-money/#comment-1065 Hi! I work at CurrentForeclosures.com a <a href="http://www.CurrentForeclosures.com" rel="nofollow">foreclosures</a> site. You are right to point to point out that there are several layers of factors underlying the foreclosures crisis. And I agree that there is not one single solution to wipe it out. Not all foreclosures are caused by the change in subprime rates, it is possible that homeowners may have lost jobs or gotten sick and became delinquent. It is also true that at some point the lenders or even the banks became too greedy for profit. and they all became the fuse for the foreclosure bomb. Now we are all left to deal on what we are going to do with the pieces left scattered around. One thing for sure it is not only the real estate economy that is affected. While it was devastated, other business sectors are being affected too. It has a domino effect and it sent strong ripples. Hi! I work at CurrentForeclosures.com a foreclosures site. You are right to point to point out that there are several layers of factors underlying the foreclosures crisis. And I agree that there is not one single solution to wipe it out. Not all foreclosures are caused by the change in subprime rates, it is possible that homeowners may have lost jobs or gotten sick and became delinquent. It is also true that at some point the lenders or even the banks became too greedy for profit. and they all became the fuse for the foreclosure bomb. Now we are all left to deal on what we are going to do with the pieces left scattered around. One thing for sure it is not only the real estate economy that is affected. While it was devastated, other business sectors are being affected too. It has a domino effect and it sent strong ripples.

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