Do you agree beside the mortgage rate freeze, or should inhabitants be held in charge for their engagements?
another example of government treating people resembling babies.
Answers:
While I agree that a great deal od the responsibilty falls on the consumer for making a really bad financial ruling, the government needs to step within to reduce the damage that the undamaged mortgage fiasco is causing.
Well... there were (apparently) alot of ambiguous loan practices. And those contracts are not designed for you or I to understand... I think conceivably reining in the mortgage thieves is not a bleak idea. From what I understand of this, have someone's mortage rate jump 4 percent, for no reason, is only a tad wrong.
We used to call it loansharking, and it used to be illegal. Source(s): Edit: All the affairs of state did was freeze the interest rates, there's no federal money going to pay anyone's mortgage... could you those pick up a newspaper before you start spouting that crap!
I think empire should be held accountable for their actions. They enter into the agreements and should have to perform contained by terms of them. If they had benefitted from the agreements, near would be no talk of them having to share the benefits.
Should be held adjectives. I do not need to pay my mortgage AND theirs.
I'm not American, so it may be considered as not my place to say-so; I have, however, lived in the States for over 15 years, so I will allow myself an inference, stated in a question:
"Should the affairs of state be held accountable for the economic havoc wreaked by its domestic and foreign policies(especially Iraq), which enjoy made conditions so difficult for some that they default on their mortgages....?" Source(s): This question as answer have been brought to you courtesy of Jack
People need to be held accountable for their movements. They signed the paperwork for the loans. Is it my fault of the government's fault they didn't read what they be signing?
They signed the contract, now they should have to live beside it.
So if Bush doesn't help, then he is within bed with the bankers and labeled anti-citizens. When he does help he is placating to the American culture. You libs should make up your minds.
I agree with it until we start regulating manipulation of grease and gas and take capitalism out of hospitals and pharmaceuticals. A lot of people bought houses never taking into description how OPEC and Exxon would gouge the hell out of them and causing the prices of everything they need to progress up due to higher fuel prices. Gas prices doubling, and food up 40% was not surrounded by their budjet calculations when they bought the house.
I am near Johnny- The Banks and lenders will get their money(and they did mislead people) into buying more than they could afford with adjectives that CREATIVE financing. Most people have No concept about financing and they believed these financiers who made plenty money off the more these general public bought.
It is a win win for all. Kudos to Bush!
No, it is another example of elected representatives bailing out their corporate cronies. Corporations need to be held responsible for their bad behavior.
Bush doesn't meticulousness a bit about people losing their homes. Just look at Katrina.
I am so tired of hearing about how awful, disastrous mean people forced me into a fruitless mortgage now I am going to loose my house....what the heck?
Give me a break - be a responsible consumer and only buy what you can AFFORD!!
No I don't regard as we should be bailing people out of their own stupidity -- if your dumb enough to buy something you cannot afford you're dumb ample to loose that.
No, I don't agree with it. Government is too big already. People know what they were getting into when they signed the papers and should be responsible for the decisions they made. File Ch 13 liquidation and they can keep their homes. If they can't afford it then they should directory Ch 7.
I am fine near it as long as the government does not pay one dime.
I don't see why anybody would be against this, unless you are a partial owner of one of the bank freezing the rates. That aside, what business is it of anybody? If a business wants to GIVE away all of their assets, single the owners can legitimately object.
I think that the bank are more than justified in attempting to prevent default, considering that they typically only recover almost 40%-50% of the value of the home when they foreclose.
To me, it seems resembling a rational business decision on their part of the pack.
Completely against a mortgage freeze.
I don't agree...just because you're stupid enough not to know that you can't affor a 300,000 house on 40K a year doesn't show that the intelligent people of the country should back up stupidity.
NO
I think adjectives the fraudulent Mortgage brokers who wrote them, and all the Banks who fraudulently packaged it , should be held adjectives for THEIR actions. The RICO laws should be applied, but a proper application of them would probably destroy Banking as an industry.
If the Government loaned the money to the banks to keep the reduction from crashing then the banks should rate it back from their profits. There was a time when in that were laws against exploitative loans, and routine for those who's financial lives were ruined to begin again.
A simple decree putting a cap on maximum loan interest increases and a ten percent cap on adjectives mortgages would solve the problem very quickly. Combined near a very controlled FHA system to make low cost mortgages available that would be super safe and sound, it would put plenty people in houses, lacking destroying them.
When Government prevents dishonest businesses from running wild, and provides help that in actuality spreads around the whole economy, vivacity is better for everyone. Source(s): http://scholarsandrogues.wordpress.com/2…
The Republican lie about America
http://www.globalresearch.ca/PrintArticl…
The Crashing U.S. Economy Held Hostage
http://www.rollingstone.com/politics/sto…
Paul Krugman on the Great Wealth Transfer
http://sjlendman.blogspot.com/2007/10/ca…
Milton Freidman unmasked.
http://freedemocrat.blogspot.com/2006/03…
The Great Libertarian Fallacy
http://www.fas.org/irp/congress/1992_rpt…
The BCCI Affair - BCCI, The CIA and Foreign Intelligence,
Same stuff different sunshine
http://www.tpmmuckraker.com/archives/002…
Bush Admin: What You Don't Know Can't Hurt Us
People should be held in charge for their actions.
Who do you really blame more?
The experienced banks that lowered their credit parameter to allow subprime mortgages to be given to people who could only afford the teaser rates in need caring if they could afford the usurious rates they intended to charge once the initial time period be up. They figured real estate would progress up, up, up and they couldn't lose on the gamble.
Or Joe and Jane Sixpack, who trusted the banks to do what they thought be right, what the banks had other done, not give loans past what they thought the customer could retribution.
How many times have you hear, "If the bank thinks I'm devout for it I must be"?
These are financially unsophisticated people who thought they got other. The banks knowingly lent them more than they be worth on a gamble.
This is another example of the government blowing to hell the concept that business can manage itself with competency.
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What is a fitting second mortgage rate?
Answers:
While I agree that a great deal od the responsibilty falls on the consumer for making a really bad financial ruling, the government needs to step within to reduce the damage that the undamaged mortgage fiasco is causing.
Well... there were (apparently) alot of ambiguous loan practices. And those contracts are not designed for you or I to understand... I think conceivably reining in the mortgage thieves is not a bleak idea. From what I understand of this, have someone's mortage rate jump 4 percent, for no reason, is only a tad wrong.
We used to call it loansharking, and it used to be illegal. Source(s): Edit: All the affairs of state did was freeze the interest rates, there's no federal money going to pay anyone's mortgage... could you those pick up a newspaper before you start spouting that crap!
I think empire should be held accountable for their actions. They enter into the agreements and should have to perform contained by terms of them. If they had benefitted from the agreements, near would be no talk of them having to share the benefits.
Should be held adjectives. I do not need to pay my mortgage AND theirs.
I'm not American, so it may be considered as not my place to say-so; I have, however, lived in the States for over 15 years, so I will allow myself an inference, stated in a question:
"Should the affairs of state be held accountable for the economic havoc wreaked by its domestic and foreign policies(especially Iraq), which enjoy made conditions so difficult for some that they default on their mortgages....?" Source(s): This question as answer have been brought to you courtesy of Jack
People need to be held accountable for their movements. They signed the paperwork for the loans. Is it my fault of the government's fault they didn't read what they be signing?
They signed the contract, now they should have to live beside it.
So if Bush doesn't help, then he is within bed with the bankers and labeled anti-citizens. When he does help he is placating to the American culture. You libs should make up your minds.
I agree with it until we start regulating manipulation of grease and gas and take capitalism out of hospitals and pharmaceuticals. A lot of people bought houses never taking into description how OPEC and Exxon would gouge the hell out of them and causing the prices of everything they need to progress up due to higher fuel prices. Gas prices doubling, and food up 40% was not surrounded by their budjet calculations when they bought the house.
I am near Johnny- The Banks and lenders will get their money(and they did mislead people) into buying more than they could afford with adjectives that CREATIVE financing. Most people have No concept about financing and they believed these financiers who made plenty money off the more these general public bought.
It is a win win for all. Kudos to Bush!
No, it is another example of elected representatives bailing out their corporate cronies. Corporations need to be held responsible for their bad behavior.
Bush doesn't meticulousness a bit about people losing their homes. Just look at Katrina.
I am so tired of hearing about how awful, disastrous mean people forced me into a fruitless mortgage now I am going to loose my house....what the heck?
Give me a break - be a responsible consumer and only buy what you can AFFORD!!
No I don't regard as we should be bailing people out of their own stupidity -- if your dumb enough to buy something you cannot afford you're dumb ample to loose that.
No, I don't agree with it. Government is too big already. People know what they were getting into when they signed the papers and should be responsible for the decisions they made. File Ch 13 liquidation and they can keep their homes. If they can't afford it then they should directory Ch 7.
I am fine near it as long as the government does not pay one dime.
I don't see why anybody would be against this, unless you are a partial owner of one of the bank freezing the rates. That aside, what business is it of anybody? If a business wants to GIVE away all of their assets, single the owners can legitimately object.
I think that the bank are more than justified in attempting to prevent default, considering that they typically only recover almost 40%-50% of the value of the home when they foreclose.
To me, it seems resembling a rational business decision on their part of the pack.
Completely against a mortgage freeze.
I don't agree...just because you're stupid enough not to know that you can't affor a 300,000 house on 40K a year doesn't show that the intelligent people of the country should back up stupidity.
NO
I think adjectives the fraudulent Mortgage brokers who wrote them, and all the Banks who fraudulently packaged it , should be held adjectives for THEIR actions. The RICO laws should be applied, but a proper application of them would probably destroy Banking as an industry.
If the Government loaned the money to the banks to keep the reduction from crashing then the banks should rate it back from their profits. There was a time when in that were laws against exploitative loans, and routine for those who's financial lives were ruined to begin again.
A simple decree putting a cap on maximum loan interest increases and a ten percent cap on adjectives mortgages would solve the problem very quickly. Combined near a very controlled FHA system to make low cost mortgages available that would be super safe and sound, it would put plenty people in houses, lacking destroying them.
When Government prevents dishonest businesses from running wild, and provides help that in actuality spreads around the whole economy, vivacity is better for everyone. Source(s): http://scholarsandrogues.wordpress.com/2…
The Republican lie about America
http://www.globalresearch.ca/PrintArticl…
The Crashing U.S. Economy Held Hostage
http://www.rollingstone.com/politics/sto…
Paul Krugman on the Great Wealth Transfer
http://sjlendman.blogspot.com/2007/10/ca…
Milton Freidman unmasked.
http://freedemocrat.blogspot.com/2006/03…
The Great Libertarian Fallacy
http://www.fas.org/irp/congress/1992_rpt…
The BCCI Affair - BCCI, The CIA and Foreign Intelligence,
Same stuff different sunshine
http://www.tpmmuckraker.com/archives/002…
Bush Admin: What You Don't Know Can't Hurt Us
People should be held in charge for their actions.
Who do you really blame more?
The experienced banks that lowered their credit parameter to allow subprime mortgages to be given to people who could only afford the teaser rates in need caring if they could afford the usurious rates they intended to charge once the initial time period be up. They figured real estate would progress up, up, up and they couldn't lose on the gamble.
Or Joe and Jane Sixpack, who trusted the banks to do what they thought be right, what the banks had other done, not give loans past what they thought the customer could retribution.
How many times have you hear, "If the bank thinks I'm devout for it I must be"?
These are financially unsophisticated people who thought they got other. The banks knowingly lent them more than they be worth on a gamble.
This is another example of the government blowing to hell the concept that business can manage itself with competency.
Related Questions: