Rush just said the same thing....give everyone with a mortgage...sm
Posted By: ms on 2008-09-30
In Reply to: Whoopi anybody? - I like her suggestion
something like $75,000 to pay down their mortgage.
Do you agree with him also?
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- Whoopi anybody? - I like her suggestion
- Rush just said the same thing....give everyone with a mortgage...sm - ms
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the whole mortgage thing upsets me...sm
I have a subprime mortage and have had for over 3-1/2 years, but I make my payments on time every month. I can't even get a refinance to go through with almost $40,000 in equity in the house and only needing a loan for $85,500, as I put down a big down payment when I bought the house, but if I had an ARM or was in foreclosure there are programs that would put me in a new mortgage. So, here I am trying to take care of my bills, be a productive citizen, and I get no help. Makes lots of sense don't it.
I think it a good thing to stay away and not give them a target. sm
It is so obvious they are brainwashed and cannot respond to logic in a sensible fashion, so it is no use discussing or arguing with them. You cannot argue logically with someone who has no logic.
Good for Fox - I'm no Fox fan but I'll give them credit for doing the right thing
They say Fair and Balanced but they definitely are more conservative and Sean Hannity really gets on my nerves something awful. He's about as condescening as Rush and treats guests who are liberals as though they are less intelligent than he is.
When I am in favor of conservative viewpoint I will watch them, and when I am in favor of liberal viewpoints I will go to another channel. Never CNN because they praise the Clintons too much. Most of the time I watch MSNBC even though they are more liberal, but at least they are fair and civil to conservatives.
So I give Fox some credit.
These people would not give Palin credit for a thing.
nm
Why should we pay your mortgage?
Why on earth should the people who were smart enough not to jump on the bandwagon and buy a bigger house than they could afford give a 30% mortgage decrease to the people who went hog wild and spent above their means? I am not a homeowner, by choice, and I am totally against giving anyone a decrease on a mortgage that they agreed upon when they purchased their home. You make a mistake, you pay the consequences!
Mortgage
Somebody who cannot afford to buy a house should not buy a house, bedasue they do not want to lose out on the rent money.
There are people out there who buy a house, rent it out and expect the tenants to pay the mortgage. If something goes wrong, who pays the mortgage then?
Wrong speculations!
about that fixing your mortgage --
are they going to go back and fix everybody's mortgage that has already had their house foreclosed?
DH and I should get our mortgage fixed....
we have no debt but our home, have never missed a payment or been late, pay a few hundred dollars extra every month towards the principal, have never taken out a HELOC or used our equity (quite a bit) for anything and have a fantastic credit score. We should have our rate lowered below the 5% it is now for doing a great job. But no, we'll give a break to those who bought too much house, had to compete with the Jones' and who took out foolish loans to begin with.
The Mortgage Failure......
Check out the mortgage failures.
Tell me which failed more, prime or subprime
Tell me what is the rate of failures under the CRA or even Bush's ADDI (which i attack alll the time)
Once again, REALITY AND THE DATA doesn't fit ya'lls claims.
Basically what happened was.. we reformed bankruptcy laws.. so that people who ran into dire straights could not restructure.
We packaged the loans into commodity derivatives. These are sorta mirror bets on the loans. Sorta..as the same loan will be sold many times in many derivative packages.. that's why the housing derivatives are worth more than all the real estate in the US. Derivatives are actually not that bad.. when a market is stable and only has to deal with natural forces. The housing market was bubbled.. partially due to low interest rates that encouraged everyone to buy, even the rich, and partially due to the CRA and the ADDI.. which did add customers to the market (helping form the bubble was the extent the CRA and the ADDI had in this mess)
All it took was a few failures to pop the bubble..and make real estate prices drop,. and mind you, it was mainly prime loans (READ not loans given to poor people and not loans under the CRA) that failed. The derivative market.,.which like I said, is really mirrors of the same loans.. cause the defaults to explode with ten times the ferocity, because one loan could effect the price of dozens of derivatives.
Really the poor and even irresponsible people .. simply did not have the economic ability to cause this mess. Pool all their money together and waste it on hookers.. it would have zero effect without help from the rich elites and their magnifying packaged derivatives.
THE CRA and ADDI both had stricter requirements than loans you got from normal banks.. both required income data.. where many prime loans did not.. they also greatly limited you on how much home you could purchase..whereas private banks did not care if you tried to buy something you could not afford.
Don't believe me?.. Look in the phone book.. call your own housing authority - you can get a loan for 106% the purchase price of a home even today.. if you're poor enough.
Ask to hear the red tape and hoops you must go through.. Heck, it is probably easier to just get a real job and earn real money than go through the FHA.
I don't think we should bail out anyone's mortgage.
Anyone who took out a mortgage and signed a contract to repay the loan and needs to do so. I don't care if they are illegal aliens, legal aliens, space aliens, or United States citizens.
That's how the mortgage cookie crumbles!
I am still against bailing out homeowners only!
McCain's mortgage plan
Did anybody understand when McCain brought up plan to buy bad mortgages and renegotiate, etc. Would that be with the $700 billion we are already shelling out or would this be an additional $300 Billion the taxpayers have to pay. If I can get my mortgage renegotiated with the government, maybe I'll just stop paying my mortgage and get something out of this after all!
Citi is my mortgage holder too. sm
They are just downright nasty when you call, can never post things on time, and then have the nerve to call and ask me when I am going to send my check when I have my bank statement in front of me saying they processed the check 3 days before they called me.
I am with you...LET THEM ALL TANK. Why should I give ANYBODY more of my hard earned money. And that includes Obama and his "redistribution of the wealth" schtick.
Disagree. Mortgage lenders FM/FM
and sub-prime mortgages did it, along with all the money certain senate leaders got for sticking up for for FM/FM. It's called GREED.
Dear Crabby, about the mortgage
Yes, American people were also greedy, but there were predatory lenders who got higher commissions for giving out those certain types of ARM mortgages. Do you know what an ARM is? Even if people qualified for conventional mortgages, the mortgage brokers didn't offer them because there was more money in it commission-wise for them if they brokered the ARM loans. We can thank Bush and the repubs because they did not want to regulate any of this.
You really should educate yourself.
Fugget about Uncle Tom's Cabin. Is that your claim to fame? aww shucks.
I have my mortgage throught CitiCorp.....
I wonder if I will see any of that largesse....NOT. Guess you have to be on the letter head. Oh well....LOL
No need to wonder...current mortgage bank crisis...
brought to you courtesy of greedy democrats on Congress and greedy Democrats at the top of Fannie Mae. The handwriting is on the wall. This one's on you. McCain saw it coming in 2005 and the dems shut him down. Well, we are reaping what they sowed. To quote Toby Keith...how do you like them now?
Yes, slimy mortgage companies who have no oversight....they don't ask anything
just selling 'em as fast they could and packed them all up into nice little derivatives to drive up the bubble and make fast money - at our expense.
You don't mind paying for an illegal mortgage?
nm
If the current mortgage securities plan prevails,
come out of it all smelling like a rose. They are proposing to refinance the mortgages based on inflated appraised values that existed BEFORE the mortgage crisis, not the current lower values. In this way, the homeowners will still end up owing more on their mortgages than their homes are actually worth....they will just be paying for it for a longer term with more accumulated interest on the loan. Those terms are the ones we need to keep our eyes on and see how it plays out, but it looks to me like it is not going to make it into the next session of Congress.
BT, I am sooo with you, we also finally paid the mortgage, the cars are ours....sm
and no more credit, bad debts and loans killed the economy and Wall Street. Just providing for our 3 kids and making ends meet is the daily challenge, but we have each other and a good extended family, I so hope that the good thing that comes out of this crisis is LESS MATERIALISM in this country, back to simpler living and being happy with less!
I'd be happy if they just reduced everybody's mortgage rate to a fixed 3%. sm
Then everyone is still responsible for the debt they took on, yet they're still getting a break. It would free up a couple hundred bucks a month for me, which I could then use elsewhere to stimulate the economy. Fewer foreclosures, banks are still getting their money.
Yeah, but wouldn't it be great if they paid your mortgage?
Apparently, you have no problem with charity if it begins at "home."
Wrong. Democrats are responsible for the mortgage meltdown, not Bush....
McCain tried to tell them in 2005...Dems blocked the regulation he begged for for Fannie/Freddie. But the Dems were too deep in the pockets...Franklin Raines, Jamie Gorelick, James Johnson, Timothy Howard...all democrats, all walked away from fannie Mae with golden parachutes of millions...and we are left holding the bag. Fannie contributed more to Chris Dodd, Democratic head of Banking and COmmerce committe than any other senator in the past 20 years...followed closely by Barack Obama, who has only been IN the senate for 2 years...you do the math and follow the money. Democrats largely responsible for this. ANd you want to put one in the white house. Who wants to raise taxes in this financial crisis. What part of collapse of the economy don't you...and Mr. Obama...understand?
McCain has fogotten the stock market crash, mortgage/credit crisis,
unemployment rates, job losses, stagnant wages, rising prices in gas, food, health care, etc, etc, etc.
But valuing over the price of a dollar is a right thing wing thing, so you are on the wrong board. n
x
Rush
What an evil, hateful, intolerant, ignorant person, but that explains the following he has with some on these boards. Birds of a feather stay together. Maybe it makes them feel more powerful somehow. If they weren't so hateful, I might even feel sorry for some of these poor misguided souls.
There seems to be an increasing movement of hate and intolerance in this country, wrapped around the Bible and the flag, neither of which is undeserving of such sacrilage by people who claim to love God and country.
It's becoming scarier every day to be an American who (1) might not belong to the "right" religion (no pun intended), (2) who thinks that Bush is taking us backwards in time, and (3) who supports our troops by wanting them to come home to their families safe, alive and intact, and to only be used when absolutely necessary, not at the whim of a president who has lies and who can't be trusted.
Rush is all over this, too. nm
..
Rush is Right Again
Who said anything about Jesus? Maybe I'm a Jew!
If you go to Rush's w/s, you'll see his "official Obama criticizer," aka "Bo Snerdley."
And speaking of the Jews, it was a Dem. strategist who made the comment in FL that the Jews wouldn't vote for a black man. That may well be on Rush's w/s as well. Even Rush hadn't heard that one.
Y'all just make this way TOO easy too much fun for me!
Rush is Right
If you actually studied this stuff you'd know what you're talking about. Even Greta played the soundbyte of what he said. It was printed on his web page, and is probably still there.
I don't have time to get into having studied this literally all my life.
Regardless, if you think that having a Socialist in the White House is the answer and that border security means nothing, then vote away for one. Ironically, the person who wrote the book "Real Change" before Obama picked it up as his buzz word was Newt Gingrich. You may have no idea who he even is.
Try looking at JusticeOnTheBorder.com or EyesOnTheBorder.com if you want to compare what Obama & Clinton said about opening our flood gates even more as they pandered to all the illegals.
You probably also had no idea that he has over 20 million listeners daily. Literally nobody can touch him. When you're on top, they always try to topple you.
Rush is NO racist. Even so, there's no law against it, whether it be black against white, white against black, etc.
I can't even believe when read things like this.
Have a nice day.
Rush
I LOVE RUSH!! Rush's show is so informative and entertaining at the same time. At least we still have someone who tells the truth about our government.
Re: Rush
Rush is common sense, huh? Do you consider being a blatant racist common sense? He lets it be known that he hates minorities and women, and as far as he is concerned all women are brainless individuals who should not have rights. Do you truly consider what he spews as gospel? He is one of the most toxic media personalities I have ever had the misfortune to listen to as many others feel he is, and he offers nothing of value to the true COMMON SENSE American public. The citizens of this country, whether white, black, red, yellow need to be brought together to make a change, whether you like Obama or not, whether your party affiliation is Republican or Democrat. I look at our current state and it saddens me that these individuals whom we have entrusted have continually messed over us and we STILL believe what they say and do - look at what we have endured for the past eight years and will for years to come. It's criminal.
Rush Limbaugh sm
I stopped listening to him when he started calling us feminazis. I can't believe that big load of (expletive) is still allowed on the air. Not only is he ignorant, he's a hypocrite and a druggy and if he's trying to impress someone, it's not me.
You are losing it for us, Rush.
"Whether you agree with the fact that it's going on or not, we all have come to the decision that it's best that we win it. You haven't even joined us on that. You hope we lose it. You want to lose it because you want to embarrass the leaders of the country. What must your lives be like?"
First of all, there is no war to be won. Our enemy cannot be destroyed by brute force. Our enemy hides among the population, lives among the people. They have no strongholds we can attack, no supply lines we can cut, and no army we can outmatch and outgun on a traditional battlefield. We are fighting on their terms, but we have refused to acknowledge that. I ask you, what do you think Rush means when he talks about "winning the war in Iraq?" What does he envision as victory? The end of all violence against American targets? Complete and total peace? When Iraqis welcome our soldiers into their homes, and hug and kiss them in the streets? The insurgency is a disease. We have tried to destroy the infections that we have encountered, but we have not found a cure. We cannot prevent it, we cannot vaccinate against it. So long as American forces remain in Iraq, there can be no peace. You cannot convince the average Iraqi that we are there for his benefit, when his brothers have been killed by our soldiers, his home bombed by our planes, his life governed and monitored by our Army. So long as our soldiers patrol their streets, the Iraqis cannot be free, and the insurgency will continue. The hard truth is, the Bush administration does not know what to do in Iraq. They do not know how to achieve victory, because they do not know what victory should mean.
Leave Iraq. Bring our soldiers home. Apologize to the Iraqi people. Has anyone in the Bush camp ever thought of that? We are not fighting the Iraqi people as a whole. We are fighting various elements within the population. We owe the Iraqi people an apology, for invading their lives and killing their innocents (and because it was accidental does not excuse us from our responsibility). It is wrong to hate the Iraqi people. The vast majority of them are victims, caught in the crossfire. But the longer we remain in Iraq, the more noncombatants will join the insurgency, and become our enemies. The insurgents don't need to recruit new members; we are providing the people with reasons to join the fight against us, merely by doing what we are currently doing in their country. It is the propaganda that people like Rush spread that creates more and more hate, and makes it harder and harder to really and truly win the war in Iraq.
blowhard rush
But it is okay for the blowhard, Rush, to rag on people, lie about people, diss people? Make a joke about people and their struggles? The minute someone proves what Rush is all about and you freak out. Tell me, if the article by Olbermann about Rush is not true, why has Rush's transcript where he is putting down on Sheehan been removed from his website? Why has he denied stating derogatory remarks about Sheehan? He knows he did because we have it in the net and on video. You know, it bugs me that blowhards spout their hate and intolerance, bugs me for sure but it bugs me even more when you can't own up to your remarks. If he stated it, he needs to come clean and we all know he stated it, as the proof is in the net.
Rush's new bottom.
I do not listen to Rush but I saw this on television and read it in the paper. Michael J. Fox has done a commercial for the democrat running in Missouri who is pro stem cell research. He is obviously having a really bad day or his Parkinson's has progressed since I last saw him. Anyway, Rush said that Fox was **acting,** flailing all over the place, that he knew Fox had Parkinson's but that he has never seen any symptoms of it before this political ad. He said Fox might have stopped taking his medication so that he would flail around more, but if not, then he was acting. Unfrigging believable. I have seen Fox unable to sit still or stop moving many many times even while taking medication over the years. I think he was diagnosed in 1994 so 12 years later he has probably deteriorated quite a bit. This just struck me as so mean-spirited. Knocking the homeless, the mentally ill, etc. is one thing, disgusting in my opinion, but to accuse a sick man of faking it is snake belly low. People in glass pill bottles should not throw stones.
Now you know how Rush feels. sm
Only he really IS deaf.
Rush is a Band... nm
and he's a blow-hard.
Is Rush for real?
Did anyone hear R. Limbaugh's comments? I only caught part of it, but it sounded like he was talking about liberals as though we are satan or something. "You can't let them do this, or you can't let them do that". All the time saying "them" like it's a dirty word. Years ago I used to like him. Now he disgusts me. Now more than ever do we need a democrat president - just so I can see their faces and hear them whine.....oh wouldn't that be good.
You all have proven Rush right ...
no meaningful dialogue, just name-calling.
Rush Limbaugh
hero of the great unwashed said SP was a "babe", "could wear a skirt", had "definable ankles." I thought sexism was sexism whether complementary or derogatory. I'll know more after my bath.
Why the rush for the bailout
There Is No Crisis--Summary by: Chris BowersTue Sep 23, 2008 at 16:22
Things are getting a little suspicious about this crisis.
1) Why did the Bush administration suddenly declare a crisis during the final two weeks when Congress would be in session during his presidency? Is it maybe because, after the election, Congress would know it wasn't dealing with Bush anymore?
2) If this is such a sudden crisis, why is it that the Bush administration was drawing up the plan for this bill for months beforehand?
3) Why is it that Congress is supposed to bail out many banks and firms that are actually quite successful and profitable right now, and not just those that are failing?
4) Why is Paulson blatantly lying to Congress about oversight?
5) Where did the $700 billion figure come from?
6) Why is Paulson urging that debate on the matter be held after the legislation is passed?The burden of proof should always be placed on those who are demanding a huge government bailout, not upon those who are skeptical that one is needed. And yet the questions keep mounting, with no answers in sight.
I am not saying that there is no need for government intervention. I am saying that the case for a $700 billion bailout is far from having been made. Until the case is made, there is no need to go forward. We will elect a new President in 42 days. We swear in a new Congress in 103 days. What is the rush? Why does this all of a sudden need to be done while the Bush administration is still in charge? The case hasn't been made, and answers are slow in coming, if they come at all. Chris Bowers :: There Is No Crisis--Summary
In your rush to judgment,
the reason for the 2-day delay might have been family related, rather than campaign related? Obama's great-uncle and sister were in attendance when she was released from the hospital.
Like any other human being, he has brothers, sisters, aunts, uncles and cousins. Even in the most dyfunctional families and in those whose life circumstances keep them miles apart, often times they come together around a death bed to offer their support. His grandmother's 86th birthday is Sunday. Perhaps the timing had to do with coordinating his visit with the presence of other family who needed a day or 2 to "drop everything" and catch a plane. Who can really know the exact reason?
My prayer for Madelyn Dunham is that she has the strengh to hold on long enough to to turn 86 and to see her grandson be elected the next President of the United States. My guess is that she will be doing just that.
Rush Limbaugh
I'm surprised I haven't seen Rush Limbaugh's name mentioned on this board. Talk about a nut job!!
According to Rush, one voter who was
ex-military and had to push through the 2 of them earlier was told that the "black people were going to win the election."
Rush is a sensationalist....(sm)
The whole point of his show is to create controversy. Rush isn't just to the right....he's beyond right field. So, Gingrey had to grovel and apologize to Rush because he disagreed with him and ticked off his *base.* So, now we know who the *base* is. I was actually expecting that, and I personally hope it stays that way. It makes it easier for dems to win elections.
The funny thing to me is that Obama just mentioned Rush's name in what I took to be a joke. The pub party is so desparate for leadership that they took it to heart and managed to elevate Rush to a position of supposed power. Good luck defending Rush's background.....the drugs, the comments, etc.....ROFL.
Well...at least Rush is happy...LOL (sm)
That's a big show and tell for who's running the republican party. Heads up pubs, with this kind of leadership you could be going back to the gun totin' waterin' hole of the wild, wild west. You might want to bone up on your shootin' skills just in case ya have to rustle with them there dems. Yeee Haaww.....gov 'ment never done me no good. 
he's hiding from Rush! sm
Unless I missed something, I find it unbelievable that so many here either missed Rush on Saturday at CPAC. FNC ran it. I found out (as did Rush) that CNN streamed it, as did CSPAN. While I haven't looked any other places for what I've heard (and have known for years), Townhall.com has a plenty there.
Of course, the drivebys will still try to miss the boat on who conservatives are, either by stupidity or by wanting us to (continue to) appear as something we have never been. Of course, Rush has the entire transcript on his home page.
Where do the majority of these other posters around here get their news? Wow.
Rush telling it like it is...(sm)
"Feminism was established to allow unattractive women easier access to the mainstream."
"The difference between Los Angeles and yogurt is that yogurt comes with less fruit. "
"He is exaggerating the effects of the disease. He's moving all around and shaking and it's purely an act. ... This is really shameless of Michael J. Fox. Either he didn't take his medication or he's acting." --on an ad by Michael J. Fox endorsing Claire McCaskill for Senate for supporting embryonic stem cell research
"This is no different than what happens at the Skull and Bones initiation...I'm talking about people having a good time, these people, you ever heard of emotional release? You ever heard of the need to blow some steam off?" --on the Abu Ghraib prisoner abuse scandal
"And we have laws against selling drugs, pushing drugs,
using drugs, importing drugs. And the laws are good
because we know what happens to people in societies and
neighborhoods which become consumed by them. And so if
people are violating the law by doing drugs, they ought
to be accused and they ought to be convicted and
they ought to be sent up."
"I am addicted to prescription pain medication."
"Why should Blacks be heard? They're 12% of the population.
Who the hell cares."
"One of the things I want to do before I die is conduct the
homeless olympics...the 10-metre shopping cart relay,
the dumpster dig, and the hop, skip, and trip."
"The only way to reduce the number of nuclear weapons is to use them."
Awesome leader you have there!
I love Rush! He does tell it like it is!
xx
I did not say Rush & Co. leaked it.
Roger Hedgecock. Are you saying the Obama administration, who had no part in doing the study (these things take time folks) were intelligent enough to anonymously distribute it to someone in the blogosphere close enough it's epicenter to get noticed but not so far away that it would be discounted automatically? If so, you attribute far more intelligence to them than most of the posters here.
I have seen no outrage over the previous similar releases regarding rightwing extremists or the leftwing extremists or the Muslim extremists here before when those reports came out. Why the outrage now?
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