Traders blast the presidents plans
 

Tell it like it is brother...
The groundswell gathers strength.

http://www.cnbc.com/id/15840232?video=1039849853

He is fired up, no? It does not matter. Those that are in foreclosure will get help. Bills paid and reduced mortgage. Those that are not behind in their mortgage get to pay for it and receive nothing.

Bring it on gents

groundswell?!? :hmmm:

Yes groundswell my liberal leaning friend.

You just wait and see. The american people are a little slow on the uptake.

People are beginning to wake up to the fact that those whom did the right thing and actually take a mortgage they could afford, and make their payments are being screwed royally. People whose property taxes balloned on the property value only to see their value go down but not their taxes.

Of course there are those whom will intentionally take advantage of the system screw the forthright taxpaying citizens and praise the Obama administration for the fine job there doing. But eventually the truth will catch up with them.

Come on Stream, you know the "victim" card will be used here because of the "shady" loans offered. You know, the fat contract laid before you to read before you sign. The exact same ones ignored and signed anyway. Then the credit card offers start coming in the mail because you got a fat loan for a house and now credit worthy. These are filled out and ran to the max. Then they refinance to the hilt to pay of all the crap they amassed and can not pay for. Now there is no refinancing on a house that is worth far less than what the refinanced it for. Come on, it is not their fault. Surely it is someone else fault they got this way:wah:. Someone needs to pay for the trips to Disneyland, the 2 SUV, John Deere riding lawn mower, the 30 foot sailing sloop, the inground pool, the hot tub and the half a million dollar loan that was all generated on living off refinancing a house upteen times:down: We will just wipe the slate clean and can start fresh with everything paid for with exception of the half a million dollar home that will now have a brand new loan at -4% and costs about $400.00/month. While the rest of us who bought wisely and within our means can stay in our current loans on the same loan value we purchased the property for and spend the rest of our time watching Johnny homeowner in his half a million dollar house go sailing on his now paid for sailing sloop. :up: I'm lov'in it at McDonalds. :D

All true to a degree although perhaps embellished a bit. The problem is that the general public at large do not realize this. If they did... and they will... the uproar will begin.

I find it hard to believe that the grifters make up the majority of US citizens.

Steamwake, your....attitude had been noted. :nope: It is against the konstitution to question the Our Beloved Messiah, Barrack Obama, paise be to His Name.

http://www.youtube.com/watch?v=0ecDxMQcsLg

Steamwake, you're not singing loud enough!:x
http://www.youtube.com/watch?v=QbECxnd5ZA4

Obama thought po-lice, drive by AVG, also taking notes....:06:

http://www.youtube.com/watch?v=ZwlzH...eature=related

Again, this is simply rewarding failure and undesirable behavior. Obama wants you to pay for your irresponsible neighbors mortgage. Disgusting. At this point, why should anybody pay their mortgage? Seriously. The market traders are openly mocking the Obama administration today. They understand what all this will lead to.

Anybody listen to Hussein Obama yesterday? In case you didn't, Obama spoke of governmental intervention to adjust rates and lending practices in the housing sector. This guy is an incompetent wreck. He doesn't even know that this is what caused the ruckus in the first place. Look at the circus this new administration is putting us into. And not even in for a month yet.

Steamwake detained and interrogated...
http://www.youtube.com/watch?v=E6raF...eature=related

Not really embellished that much. A majority got in over their heads because a credit line was established upon getting the loan for the house. Credit cards obtained, vehicle loans handed out. Eventually, there is more money needing to go out then coming in. I have been there and done that 15 years ago. Learned my lesson real quick. I do not have any credit cards and currently have one car payment. My house mortgage is up to date. I live within my means. For a majority it was spending on credit that has gotten out of control. If these folks could not afford the loans on the ARM as the interest crept up, they should have refinanced to a 30 year fix long before the got into real trouble. For most, this did not happen overnight. It has gone on for years and it has finally come to a pimple.

Not looking to make arguments here, just stating what I have experienced with my own finances and what one family member is experience right now....exactly what I have state above. Spending like it is going out of style and doing it all on credit/refinancing upteen times.

You got your own problems. Beer is what, $80.00 for a case now in your state?:har: They got real problems when they start mess'in with a man's beer. :nope:

Bring in the cloooowwwwnnns.....bring in the clooowwwns.:har:

Sadly, I would say a majority that do get bailed out will right back in the same boat in 5 months.

God, himself has spoken to the Messiah Obama and revealed his plan...
http://www.youtube.com/watch?v=oUV2Q...eature=related

But, alas, Americans are slow on the uptake. You are smarter than them. You, and the maniacal ranting Sea Demon, etc are smarter than the rest of us.

The problem as I see it, and yes, I'm a liberal, and proud of it, especially in the ugly face of those who hate me for it, is this huge misconception on the part of the few names (read above) who seem to think Liberals are all thrilled to death about the Stimulus and think it's an answer to our prayers. Any reasonable person would realize that isn't true, but most liberals favor it over the Republican senators/governors grandstanding and doing nothing, all while happily accepting the money they get from the stimulus anyway. (With a notable 22 republican governors, you know the guys that actually get the money, who support it.) hell, the President HIMSELF repeatedly says it's not the answer to our prayers and won't fix everything, and he says it often.
Being a heavily right wing environment around here, you guys make your own minds up about what liberals think, because the reality is, you really don't give a ****.

There's lots of name calling in this thread already, lots of nonsense about "the messiah" and all this other crap that no reasonable person believes but gets repeated to the point of nausea, lots of hate filled ranting, and not one reasonable point. It's the sad truth. Lots of bitter tears from beat up republicans.

Franklin Delano Roosevelt said it best...

Me too. :yep:

..And

http://www.salon.com/tech/htww/2009/..._bad_behavior/

@Enigma
So, what is a reasonable point:06: Those that did not get caught up in living on credit are to pay for those that did. That is the point. This money could be going to infrastructure projects, schools, medical. Exactly what Obama wants to do. But, no, this money is going to people who spent beyond their means. Does this in any way, shape or form seem right? Does it seem fair? Should these people in foreclosure be left to burden what they brought on themselves? What is your answer to this? I'm not interested in a liberal, republican or the stimulus. This housing issue is above the 7+ billion dollar bail out. Let just say, hey Enigma, we need you to give your neighbor $100.00/month (just as a figure) to save his home. When can you start cutting the checks? What would you do in a situation like this? Nothing hateful here. I'm just wondering what you think should be done with your $100.00 a month. :hmmm:

Dont overlook the fact that the bill was not written by BO hell I dont even know if he has read it.

No, Pelosi is at the help of this Titanic.

Yes, it's clear Democrat drones support the welfare state at the expense of individual freedom and economic liberty. They have no idea what grows an economy, and what keeps a workforce viable. They don't understand inflation, and have no idea what disposable income is.

Obama, Pelosi, and others up there in DC are incompetent hacks. Obama himself has never built a business, created jobs, or run any organization from an executive level. Yet the idiots elected him to recover a national economy. :doh: And he's proving he has no idea how to grow this economy. He's also proving his general incompetence on these matters every single day. His ideas, and those of his Democrat Congress hacks, have not provided any incentive for people to expand their business operations or take any capital risks. That's the problem here. These people don't have a clue. And they will pay politically in the future. That's becoming quite certain to anybody but a Demobot.

If I were forced to give my neighbor $100 a month to save his house, he WILL have to start picking up his dog's crap that magically makes its way into my yard. :stare: Oh, he WILL also immediately stop listening to that crap he calls music, particularly quite loud each time I try to put my boys down to sleep. Oh, maybe his wife could also learn how to cook...I find quite a many McDonald's bag next to the dog crap. He would also be required to purchase Dave Ramsey's "Total Money Makeover." And that is just for starters...

Oh, its not "fair" for me to tell my neighbors what to do despite my required contribution in rewarding their bad behavior? Yeah, and neither is making me pay for his mistakes either :down: .

@ Enigma: If many Liberals thought that this stimulus was not the best, then why did very few if any actually say anything to stop it? Oh, the ole we have to do something over nothing bit. If a guy threatened to stab you or shoot you, which would you choose? Me...I would shoot the other bastard dead. And I would have demanded that this bill be stopped. From what I can tell, it was hatched in Pelosi's mind, and every Liberal just went along for the ride. Republicans grandstanding? Ok, maybe a little. But do you not think it is absolutely horrible that not one damn Representative or Senator read this bill? I bet Obama hasn't even read it all. We were told that this bill must pass if we want to stop the end of the world it seemed, and yet Obama waiting until Tuesday to sign it. I am sure Valentine's Day is not as important as saving our nation. And while this bill sat on the shelf over the weekend, some Dems went on a trip to Italy? Wiskey Tango Foxtrot! What happened to the bill being made available to the American public for five days? Oh, yeah...I forgot. This bill was too important to wait.

Let me pull this from my post over on the stimulus thread. Ole TJ said it best!

"To compel a man to furnish contributions of money for the propagation of opinions which he disbelieves and abhors, is sinful and tyrannical. " -Thomas Jefferson

Oh, another good one, particularly for those of us that actually drive real subs for our day job.

"It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world." - Thomas Jefferson

If Liberals don't want me to tell two gay men they cannot be married, then this Libertarian doesn't want Liberals telling me how to be "patriotic." Oh, it's easy to know exactly what a Liberal is when Joe Biden opens his mouth. Engima, you may disagree with that, but perception is reality. It's time for America to stand up to this crap in DC...regardless if it is your party or the other guy responsible for it.