75 billion for deadbeats

[DOGS THAT BARK]

This is correct.Not to make light of the Sub-Prime mess,but they would be involved also.

Theres are more complicated,and most would qualify.Heres were the govt. and lender would have to help up to 38% of there total income.

Inother words there home must not be no higher than 38 percent of total income.Then there rate adjusts to a yearly percentage rate after the first 5 years that is todays(4.5 to 5% roughly).

This is the part that people dont like,and I guess I dont blame them.But lets be realistic.Who still owns a home that was mortgaged during the subprime boom??Answer.....Not many.

I'm not sure that they have everything in bill decided on yet Rusty or if it will be 75 Billion or 250 billion or somewhere in between.

My own thoughts on matter is quite simple--

If they invested their own money (10% or so down) to own home--I'm all for helping them.

If they took a free ride--with nothing to lose--fck em.

 

[pd1]

I'm not sure that they have everything in bill decided on yet Rusty or if it will be 75 Billion or 250 billion or somewhere in between.

My own thoughts on matter is quite simple--

If they invested their own money (10% or so down) to own home--I'm all for helping them.

If they took a free ride--with nothing to lose--fck em.

I agree 100%.

 

[StevieD]

I'm not sure that they have everything in bill decided on yet Rusty or if it will be 75 Billion or 250 billion or somewhere in between.

My own thoughts on matter is quite simple--

If they invested their own money (10% or so down) to own home--I'm all for helping them.

If they took a free ride--with nothing to lose--fck em.

Finally something I can agree with. :mj06:

 

[rusty]

I'm not sure that they have everything in bill decided on yet Rusty or if it will be 75 Billion or 250 billion or somewhere in between.

My own thoughts on matter is quite simple--

If they invested their own money (10% or so down) to own home--I'm all for helping them.

If they took a free ride--with nothing to lose--fck em.

Yeah,if,I,could,get,my,mortgage,down,to,60%of,my,total,income,I,would,be,breathing,easier.


Thats,not,gonna,happen,thou.
So,if,this,infact,is,true,Im,against,it.

I,broke,my,spacer,on,my,keyboard.
Sorry,for,the,awful,typing....:mj07: