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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 02-06-2009, 12:46 PM   #1
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Default Obama's home loan assist program

Can I get in on this, or is it just for the subprime people who should never have been given a loan they can't pay back?
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Old 02-06-2009, 01:13 PM   #2
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Default RE: Obama's home loan assist program

Doug: If you are a successful, self-supporting family man who has been reliably paying his mortgage every month . . . my guess is the answer is NO! You will be enabled by your government, however, to assist others less fortunate (less prudent, less self-disciplined, less self-reliant?) than yourself to pay their mortgages through your tax contributions.
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Old 02-06-2009, 01:57 PM   #3
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Default RE: Obama's home loan assist program

That is what I figured!
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Old 02-06-2009, 02:06 PM   #4
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Default RE: Obama's home loan assist program

Quote:
You will be enabled by your government, however, to assist others less fortunate (less prudent, less self-disciplined, less self-reliant?) than yourself to pay their mortgages through your tax contributions.
Actually, that's not quite correct. None of this money is coming from anyone's taxes. The entire stimulus is being done on borrowed money. So, no worries, right?
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Old 02-06-2009, 02:12 PM   #5
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Default RE: Obama's home loan assist program

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ORIGINAL: Arthur P

Quote:
You will be enabled by your government, however, to assist others less fortunate (less prudent, less self-disciplined, less self-reliant?) than yourself to pay their mortgages through your tax contributions.
Actually, that's not quite correct. None of this money is coming from anyone's taxes. The entire stimulus is being done on borrowed money. So, no worries, right?
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Old 02-06-2009, 02:20 PM   #6
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Default RE: Obama's home loan assist program

I voted for Bush too. I wound up getting a Constitution shredding socialist there, so I figured I might as well just vote straight out for one. I haven't lost a minute of sleep over it, either.

With God as my witness, I hope this financial mess destroys BOTH parties.
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Old 02-06-2009, 02:41 PM   #7
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Default RE: Obama's home loan assist program

so if I understand this correctly .... I need to stop paying my full monthly payments and charge up $20,000 in credit card debt, maybe buy a new car ... THEN the govt will give me a better % rate and help me out to repay all the debt ?

so .......... why WOULD I continue to be a good, honest, productive individual in this society ?

my company is laying off 8,000 next months, 14% of our company, then in 3rd quarter we'll all be re badged and with a 1 year contract. then I'll likely lose my job

so ........ Obama supporters, give me your advice on how to attack my situation, because it looks like I need to worsen my financial status and in doing so, the govt under Obama will help me and I'll be better off for doing less in the long run


right ?
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Old 02-06-2009, 02:51 PM   #8
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why WOULD I continue to be a good, honest, productive individual in this society ?
Because you're SUCH a nice guy.
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Old 02-06-2009, 02:59 PM   #9
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Default RE: Obama's home loan assist program


Exactly. It is this mentality of rewarding bad behavior and not working that makes everyone else want to slink into the same cesspool and grow the program large. Atlas Shrugged is more relevant today than when Ayn Rand wrote it.
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