Why is Bush’s solution to the failed economy, to help the mortgage holders, and not the homeowners?
by Mortgage Rates on Thursday, September 30th, 2010 | 9 Comments
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Corporate welfare has become the entire domestic agenda of the Bush Administration.
Failed economy?????
WTF are you talking about? Kinda like saying the Patriots’ failed quarterback….
As has been noted many times in the past, George W. Bush is the puppet of the corporate hegemony. That’s all you need to know.
There is no answer you are going to like, all you care about is hating Bush. By bailing out the mortgage companies they keep people in their homes instead of on the street – but you are too blinded by hatred to see through it.
He is helping both.But the House and Senate are behind him.
He’s Gumby, dammitt !
he is.. he’s proposing a reworking of the tax law that says if you are foreclosing.. you still owe the taxes on the loan..he wants to change that… he also says that we are going after lenders that prey on people using unethical means to draw people in.. an example of this is mortgage companies giving bonuses to employees who negotiate a higher interest rate instead of getting the lowest interest rates….
You can’t have a mortgage without owning a home. If you own your home and don’t have a mortgage it’s almost impossible to foreclose. Your uninformed.
A staple policy of the Republican party is to keep big business strong. It is theorized that such vitality will “trickle down” to the average wage earner by enabling the businesses to offer more jobs and better pay. What we have seen instead is CEOs making higher salaries and jobs going overseas. The trickle has been diverted so to speak. Any predatory lending reguation would probably be aimed at low level brokers as opposed to the company in general.