It is that delaying the inevitable makes the problem worse. Had these borrowers finished the foreclosure process the first time around, housing prices would have adjusted quicker and the housing market would have also been on the road to recovery quicker.
Archive for Category: "Government"
YOU LIE! Obama ( and the helpful moderator ) lied about Benghazi
At the debate Obama claimed that from the beginning, the White House held that the attack in Benghazi was an “act of terror.” He lied.
1 in 7 Americans on Food Stamps – Record High – 4 More Years of Economic Suicide?
Will we wait until over half of Americans have to be on food stamps? Will we wait until the national debt has doubled? Will we wait until the US is bankrupt and our dollar collapses?
Obama “really, really shaky on energy policy”
Killing the Keystone pipeline, blocking drilling and oil exploration, killing the coal industry, squandering billions on bankrupt green energy companies, and backing a tyrannical EPA is driving up gasoline prices, and electricity rates. Everything in America uses energy. Raising energy costs raises the cost of everything. Remember Obama promised to make electric rates “skyrocket.” That’s one promise he has kept.
Giuliani: “We have a campaigner in chief not a commander in chief”
Laura Ingraham rips Obama’s response on the Libyan attacks and Mayor Giuliani agrees saying “We haven’t had a president for a year.”
Polite Pessimism Is Not Warranted
There is no escape from the box that we are in. Printing money does nothing to heal imbalance in economies. It, up to a point, covers up these imbalances while continuing to make them worse.
Another Green Loser for Obama as Battery Co. Files Bankruptcy
Losing another $249 million taxpayer dollars, A 123 Systems adds to the growing list of “green” companies that Obama has squandered our money on. At least $16 BILLION of the giveaways have gone to companies with ties to Obama contributors or those with ties to other prominent Democrats. Obama continues to push the green schemes despite the fact that no global warming has occurred for 16 years. Can we afford four more years of economic suicide?
Is Obama Fooled by Warming Hoax or Fooling YOU? No Warming for 16 Years!
Obama continues to push the climate hoax as cover for his green corruption that has put literally billions of borrowed taxpayer dollars into the greedy hands of Obama campaign supporters. Today ANOTHER “green” company, A 123 Systems, filed bankruptcy after receiving $249 million in taxpayer guaranteed loans.
Absurd Govt. Spending Coninues – What Happened to Change?
Senator Dr. Coburn is out with the annual absurd wasteful government spending book. Features this year are a robotic squirrel, menus for meals on Mars and a study about how the video game Warcraft effects memory of seniors. Sheesh! Can we continue this national suicide?
Biden Distracts While Obama Steals our Freedoms
[T]heir distractions are wearing thin and the American public are looking for a truthful assessment of our grave situation not foolish and disrespectful obfuscation.