That is a very good point Biggles. You don't have a US congress either.
Nor does Britain, ,France, Italy, Germany, Switzerland, or any other EU country. So why pray tell, are you so willing to interject your opinion into what is surely a US argument? I don't recall interjecting my opinion in your internal affairs.

:)

That is a very good point CastleBravo.
Yet I don't recall interjecting my opinion in american affairs in this thread. I was just pointing out that the former president of the United States of America was a member of the Republican party. Check it up, I'm sure you'll find plenty of sources that confirms the suggested information in my statement.

:):DL:D:salute:

:up:

If I erroneously accused you, I beg your forgiveness. But my point is valid. Mr. Obama is a communist and everyone should wake up to the fact. And Europeans should stay out of our politics...even on this board.

Oh? And what about you? What do you suggest should happen to people who default on their house payments?

Same as you.

The same thing which would happen to all people who default on their home loans. Eviction/foreclosure, etc.

Uh, you better check my statement again, only a Commie thinks delinquent homeowners deserve otherwise. Meaning: Only a Commie thinks delinquent homeowners should keep their homes. Obama wants to take homes from people who stop paying their mortgage, therefore he is no Commie. :O: Banks repossess homes in default all the time, it's routine. Obama is not doing anything different than the age-old capitalist system except allowing them to live in them as renters for a while.

And if Obama is no Commie and is the opposite of you....

But Obama owns the mortgage lenders/banks. How do you feel now?

Country Wide is now Bank of America. How much money did BOA get?
Trickle-up poverty coming to you.

It isn't obvious but it is communism. Like you said. Stick with your original thought.....you were correct.

I feel fine, thanks. I think you have persuaded me to support Obama from here on, good job.

True, this is a silly idea.
Imagine the government stopping people being evicted for taking on silly loans that they couldn't maintain.
Its a much better solution to let the banks take the homes back then get the government to house the newly homeless people in other homes and give them section 8 welfare vouchers to pay their new rent.

Damn this gets complicated .
So is either the new proposal of they lose ownership of their homes and the government helps pays their rent or the old one of they lose ownership of their homes and the government helps pay their rent.
Difficult choices , which was the commie one again?

Now of course they could go for the other usual option , kick them out of their homes then pay for them to be housed in hotels, then pay their rent when a house is found, it might be more expensive but it helps out the hotels who are suffering due to the downturn in tourism that goes with a downturn in the economy.

Why do I get the impression that you didn't think this through before you decided to get outraged Bravo?

I applaud your decision to take a stand. You are a true American.

NEW YORK, July 14 (Reuters) - U.S. government officials are weighing a plan that would let borrowers who have fallen behind on their mortgage payments avoid eviction by renting their homes instead, sources familiar with the administration's thinking said on Tuesday.
Under one idea being discussed, delinquent homeowners would surrender ownership of their homes but would continue to live in the property for several years, the sources told Reuters.
Officials are also considering whether the government should make mortgage payments on behalf of borrowers who cannot keep up with their home loans, tapping an unused portion of a $50 billion housing aid kitty.
As part of this plan, jobless borrowers might receive a housing stipend along with regular unemployment benefits, the sources said. (Reporting by Patrick Rucker; Editing by Diane Craft)



The only mention of Obama here is in the attention grabbing headline. What officials in the US government are speaking? This article has no substance and therefore no merit! And even if fact, I fail to see how it would make Obama a communist. The loans are defaulted, the owner loses title and is allowed to rent the property instead of being evicted immediatly. Merely a breathing space.


Buddahaid

And the only mention of Obama during his trips in the last week were the attention grabbing headlines?

Listen bud, you sit at the top and all the minions are yours, 22 tsars included.

Obama is going to take away private property. He has personally lived off the public dole since entering Occidental College. Probablly before then.

while you're at it, telling us what we can and cant discuss...could you tell subman1 to stay out of our politics:yep:

I'd be more than happy to. Subman1 stay out of EU politics.

Will you now stay out of US politics? Pledge.

I can't follow your logic. On the one hand, you say TS to the defaulted borrower, on the other, Obama is taking property. How? He's making the borrower default and forcing a sale to himself? You'll have to baby step me through that.

Buddahaid