Blown Mortgage - Latest Comments in Congress Adjournment and Artificial Deadlines

Re: Congress Adjournment and Artificial Deadlines

CollateralDamage — Thu, 25 Sep 2008 08:02:54 -0000

Touche! and well said.

Re: Congress Adjournment and Artificial Deadlines

alice cooper — Thu, 25 Sep 2008 03:21:26 -0000

With an election around the corner are they delaying to see where the popular vote is?

Re: Congress Adjournment and Artificial Deadlines

Steve Jennings — Thu, 25 Sep 2008 03:19:33 -0000

so the public must bailout the over paid and greedy investment bankers once again.

Re: Congress Adjournment and Artificial Deadlines

Don — Wed, 24 Sep 2008 23:42:15 -0000

The truth is the only people getting bailed out are the ones who caused this mess. So you F***ED up but her is more money to lend to people. Wake up people this is not going to create jobs, lower inflation, lower lending rates or prop up home prices. Goldman and Morgan Stanley the only two Paulson protected while wiping out their competition want us to prop them up so they survive. In 2007 the average salary per employee was $600k who cares if they lose their jobs they are over paid MBA toting A**HOLES who took on too much risk, drove up the price of oil and gas, outsourced all our jobs and now want help. F THEM

Re: Congress Adjournment and Artificial Deadlines

GJ — Wed, 24 Sep 2008 23:38:00 -0000

Homes are not going to appreciate for some time so low rates will do nothing to help people buy more houses. They need to force banks to take their medicine and oh my god too bad people can not spend $3000 on Christmas gifts for their kids because they have no credit. It is time for people to learn how to live by what they make.

Re: Congress Adjournment and Artificial Deadlines

Unbeleivable — Wed, 24 Sep 2008 23:01:15 -0000

Cool-Aid ...... Bush Cool-Aid ...... that is all I have to say. More crap down your thoat you'll regret as soon as the truth is revealed.

Re: Congress Adjournment and Artificial Deadlines

R. Allan — Wed, 24 Sep 2008 22:31:38 -0000

There is nothing more dangerous than when those responsible for a nation’s troubles are believed to be its savior.

Yeah, The congess can do less harm back home.

Re: Congress Adjournment and Artificial Deadlines

Robert Gauthier — Wed, 24 Sep 2008 21:14:24 -0000

typically these sorts of deals are worked before presenting them to congress-that is what is going on. Staying in session lets both sides make election speeches when meeting in private to hammer out details is best, this is governing 101.

Re: Congress Adjournment and Artificial Deadlines

michaelh — Wed, 24 Sep 2008 20:43:56 -0000

Will not do anything if only for two months. How about 4.75% for three years and if your home appreciates over the value it has now we get something back!

Re: Congress Adjournment and Artificial Deadlines

larry g — Wed, 24 Sep 2008 20:39:04 -0000

what would stimilate the economy is reducing rates on mortgages to about 4.75% for a 2 month period backed by the government. more people would consolidate debt with a refinance of their property, more people would buy properties at such low rates and this would also get housing on the move, it would help home improvement stores and other companies.

Re: Congress Adjournment and Artificial Deadlines

scoffer — Wed, 24 Sep 2008 20:05:37 -0000

I can think of "a few" irresponsible actions by politicians that could top an adjournment.