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#1
02-27-2009, 02:24 PM
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Well we have a democratic congress. It probably will pass. 
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#2
02-27-2009, 02:34 PM
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When people realize what all this about, there's gonna be Hell to pay! These leaders(and I use that term loosely) have constituents that will begin recalls! You can't essentially freeze the housing market and expect it to recover magically. Agreed....it's all a "house of cards" but Obama has no net in place for the people.
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#3
02-27-2009, 04:30 PM
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also read earlier about the push to allow judges to force lower interest rates, etc in bankruptcy-so where is the incentive not to file if they do that? yes, it helps the hurting buyer-but hinders the banks from loaning in future, and probably will encourage folks who wouldn't file to do just that-especially if it means a lower interest rate and more favorable terms than what they currently have. banks are screaming about the idea, i don't think it's going to fly.
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln
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