Comments on: Congress 2007: Make It Easier to Buy a Home

By: John Limbaugh

John Limbaugh — Sun, 28 Sep 2008 17:41:35 +0000

WOW! The Democrats and Republicans agreed on a bailout plan in record time. You better read the fine print,there is a Congressional pay raise in there somewhere.Now they can
take a vacation after so much “HARD WORK” determining how to waste more of the
Taxpayer’s money.

By: mark smith

mark smith — Sun, 28 Sep 2008 04:17:09 +0000

It just goes on and on doesn’t it Brian….so many at fault, so much for ethics on either side of the isle, you and liz, dagen, a few others are brave to tell the truth about things considering where you are, well done guys!
I say raccoon city here we come.

By: B Scott

B Scott — Sun, 28 Sep 2008 03:59:57 +0000

The leaders of the country said their is no God, and the people said okay, guess they know best.The leaders said we all evolved from monkeys, and the people said okay, guess they know best.The leaders said their are no absolutes, everything is relative,and the people said okay,they must know best.The leaders said we have to lend money to everyone, regardless of their income or job status,and the people said okay they must know best.My question is…when will the people wake up.

By: njohn1

njohn1 — Sun, 28 Sep 2008 02:24:15 +0000

This was a combination of politiciains trolling for votes and money to buy those votes and banks looking for favorable legislation. Not all banks were in this wilingly but were coerced under threat of being branded racist. Fannie and Freddie, at the request of certain members of congress, let very questionalbe loans then sold these in packages to banks. Many of these loans were to individuals who were not identified and whose employment was not verified. I really think the American citizens need to know why these things were done. It does sound like a means to buy votes and to place possibly unqualified voters into haouses to help them be able to vote. If this were a fish market all the fish would be rotten and we would throw them out.

By: John

John — Wed, 24 Sep 2008 19:50:26 +0000

Hey Ann…if lenders are required by law to loan money to subprime borrowers then you should have no problem forking up the $700B to bail them out or we can just stand by and go into a democratic depression.

By: stan rachesky

stan rachesky — Wed, 24 Sep 2008 19:07:46 +0000

Throw the bums out or put them in jail…referring to the governmental body and individuals responsible for this mess.Our representatives in Washington don’t care how they spend our money , they’re government employees and get their paycheck regardless.Remember the female government employee in Colorado who started the Hayman fire and burned down 130+ houses and was convicted or arson , sent to jail and has to pay restitution for the rest of her life ? Let’s do it to these irrisponsible bums we call congressmen(or women) make them pay for their crime against the citizens of the U.S….and it is a crime.

By: Beverly

Beverly — Wed, 24 Sep 2008 17:37:59 +0000

Go figure..If we keep bailingout all these failing companies and companies keep moving over seas to cut cost, then how is the average tax payer going to earn an income to pay for these bail outs that are going to be passed down. Do something to keep companies in America!

By: GaryP

GaryP — Wed, 24 Sep 2008 16:43:51 +0000

What have we learned here? 20+% increases in property value year after year in a time of stangnent wages and 1-3% inflation should have beeen a big red light to everyone. Those of us in “fly-over coutry” who saw modest 3-5% annual increses in our home’s values could see the crash coming for places like California, Florida, and Vegas long ago. What we failed to realize is how it would affect us too.

By: Ann

Ann — Wed, 24 Sep 2008 16:36:58 +0000

Have we also forgotten that lenders were REQUIRED by law to lend to those who would otherwise NOT have qualified for a mortgage????

By: David Reynolds

David Reynolds — Wed, 24 Sep 2008 12:42:29 +0000

Check this one out if you want to understand the “Blame Game”.