REALLY?! I thought this was bad? No, now its good? This hurts my brain. Who's ready for round 2?
http://www.washingtonpost.com/busine...755_story.html
REALLY?! I thought this was bad? No, now its good? This hurts my brain. Who's ready for round 2?
http://www.washingtonpost.com/busine...755_story.html
Yea because the first time around didn't jack us up enough. [pileoshit]
Whatever happened to COMMON SENSE?
My parents always told me that "You SHOULDN'T buy anything unless you have the money or means to pay for it!"
Served me well over the years!
Are you surprised? This is what politicians do when they are trying to cover up the failures of supply side economics. Obama is just re-inflating the bubble to cover up for the fact that the middle class has over the last 30 + only gained 50$ in average income. Heck over the last 5 years 95% of all income growth went to the 1%. Washington is doing this because there is no other way. Well there is, but you guys won't like that answer even more.
Reply from a dem friend of mine...
"That's good! I think that will help spur the economy back into gear some more..."
[facepalm]
Holy crap!
I can't keep up with all of the stupid stuff coming out this week!
Pinch me - I HAVE to be dreaming!
I mean what could go bad there? Obama probably doesn't think the people with bad credit are at fault for their scores. Rather then introduce a program to help people manage debt and better there credit, he just takes the incentives and gives them to them before. no reason to improve yourself. Guess we can expect another surge of foreclosures next year
"gee whiz, i know who i am voting for when he runs for a third term....uncle obama. he gave me an obama phone, "free" healthcare, lots of other programs that they advertise on tv for me and now I get to buy a house again. Even though i screwed it up last time, spending all my money on crack instead of mortgage payments."
Don't you know it's the Credit Reporting companies that are at fault, not the nitwit borrower?Quote:
Originally Posted by griebel303
The only way to fix the economy is to bring back the tariff system first created by Alexander Hamilton. That would help pay down the debt too. In addition to that put the min wage a what it was in 1960 adjusted for inflation. The only real way to stimulate an economy is to create situations where people have the money to spend. Anything short of that and you are playing musical chairs of debt and destruction.
Hahhh ahhh I knew I was missing somethingQuote:
Originally Posted by brutal
Apparently this administration isn't very good at history... those who fail to learn from history's mistakes are doomed to repeat them. And it wasn't that long ago that the bubble popped! Fucking morons.
Hey... maybe he contacted them thru the BamaPhones, and admonished them to be "very, very good". It makes perfect sense.
They ain't got no time for dat!Quote:
Originally Posted by Dingo
Naw... they got bronchitis! :-)Quote:
Originally Posted by brutal
Oh yeah, this will end well. [facepalm]
Was the Clinton Administration too proud to look back and say "oops, we screwed the pooch there" when their housing policies caused the crash of '08? If not, where were the officials from that era to jump in and say "Barry! Don't! Remember '08!"
This is all Bush's fault....Quote:
Originally Posted by Ronin13
After tons of research trying to figure out how libtards think things like this are a good idea I finally found an equation that explains all liberal government spending. 2x2=bananna and there you have it just plug it in to any spending bill and all your questions concerns will be put to rest
Yes but Hillary 2016 will make it work:) [Coffee]Hopefully i'll be in a FEMA camp or coffin before that happens
I think the 1% should be killed and burger flippers should make $30/hr. That would help get rid of Obama's bad policies.
Don't worry. They'll just raise the FHA premiums 50% for everyone else who took a loan and had good credit so they can cover all the bad credit defaulters.
The ultimate wishful outcome of Obama ,Sunstein and thier ilk is the Cloward -Piven outcome. Carter was an useful idiot in getting the ball rolling. Clinton knew exactly what he was doing. Influenced by Barney Frank and his boyfriend who made millions on Freddy and Fannie.
Overwhelm the system.Bancrupt it..Those you`ve made dependent will riot when they`re hungry. Who will they look to feed them again? Asked and answered the Oligarchy. The community organizer has not stopped for 5+ yrs now to achieve this end. Think he`ll stop now?
Deja vu all over again!
I'm going to make sure and take advantage of this as much as possible this time around.
Good point Irviing... I'm thinking that if some jackass with a 460 score could buy my mini-ranch, and I move somewhere that Libtards aren't interested in (like Texas, Alaska, etc), then I can sell at an inflated price, and make out like a bandit!... it'll be like the Cali housing bubble 2.0, but I can learn from how it went the first time!
WHEEE! hey, if they're going to do it anyway, I may as well find a way to profit from it... [facepalm]
The old man is on the board of directors for our small bank up here... after '08 they ended up owning a lot of property that they couldn't sell due to the deflated value. I can see it now, the bank president just saying no loans for anyone, that way they won't get backlash for failing to give loans to those with poor credit scores- hey we aren't even giving loans to those with excellent credit. I hope a lot of lenders tell Obama to shove it!
You all forget that them illegals--oops I mean undocumented Democrats coming across the border are gonna need some housing too. What's fair is fair.
The goddamn Democrats are getting outta hand and running amok everywhere they turn. It's like they're scared they're going to lose an assload of offices next election, so they're trying to rack up as many "victories" as they can.