Comments on: There Are Bankruptcy Laws That Can Protect Us

By: sarahsmiles

sarahsmiles — Sat, 06 Mar 2010 09:48:59 +0000

Okay then: The Democratic Congress wanted everyone to own a home so the loosened the requirements to allow that to happen. They gave ARM mortgages to first time homebuyers who had no idea what they were doing in some cases, certainly would not qualify under normal circumstances and then ARMs adjusted where the buyers income did not. Congress agreed on the bailout and saw the necessity to do so to stop the bleeding. The Republicans did not cause this. They don't make people lose their homes – alot of people had NO BUSINESS buying a home with no down payment, no "meat" in the game. Republicans don't make people live beyond their means and then thru life circumstances lose their job and they haven't saved to cover expenses. They are not our keeper. We are adults and need to be accountable and responsible. McCain/Palin will give us the edge we need to be a world class leader in energy. They will bring jobs back to the US and we will create things again to sell to other countries! It is all good.

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By: OneDraco

OneDraco — Sat, 06 Mar 2010 09:46:59 +0000

And of COURSE, the Democratically controlled Congress had NOTHING to do with any of your rant. When your question contains totally ridiculous statements, like "THEY" CREATED the war in Iraq, well, you lose a great deal of your credibility.

Fact is, Obama is the danger and threat to our country, not Republicans. See you on November 4th to send Obama back to his "friends" including Wright in Chicago.References :

By: The Thinker

The Thinker — Sat, 06 Mar 2010 09:44:59 +0000

LOL….I have already " Obamaproofed " my deferred compensation money ( 401K ) by transferring everything I saved throughout my life from Morgan Stanley Emerging Markets Fund ( Small Cap Fund ) to the Stable Income Fund.

BTW – Until Obama started to run, my Morgan Stanley Fund had an APR of 43 %

Can I stick my tongue out at Obama now ?References :

By: Kissthepilot

Kissthepilot — Sat, 06 Mar 2010 09:42:59 +0000

You must be joking! Vote in the dems and the entire country will go bankrupt. Then who will we be able to help!References :

By: spy_optica

spy_optica — Sat, 06 Mar 2010 09:40:59 +0000

AMEN, BROTHA!! amenReferences :

By: (the) Trevor

(the) Trevor — Sat, 06 Mar 2010 09:38:59 +0000

Your basis is erroneous. It was an act of the Democratic controlled Congress to pass the bailout criteria.

Additionally, instead of providing bailout cash, which was also part of the act, the government now also owns the collateral, so your tax money being used for the bailout is now more secure than it would be under the previous system. This move is applauded by both parties because it will certainly lower the operating costs (the highly paid managers were fired) and will reduce the fixed rate available for mortgage rates.References :

By: stygianwolfe

stygianwolfe — Sat, 06 Mar 2010 09:36:59 +0000

Fannie Mae,and Freddy mac are Liberal democrat ideas(ever hear of ACORN) a low income home lender through Freddie and Fannie.Its also a slush fund for the Lefts Political machine.Do us a favor,do some more research and this time get it from more than a left wing blogsite.References :

By: tommysgirl

tommysgirl — Sat, 06 Mar 2010 09:34:59 +0000

i am awake thank you very much! bush sent my job to china 5 years ago, and i haven't found one since! i was making 14.00 an hour now nothing!

and i lost my home because of him! but i thankfully my fiance' found us a new one, and i did not have to get rid of my dogs. i would go homeless for them anyway.References :

By: President Curly

President Curly — Sat, 06 Mar 2010 09:32:59 +0000

The only question you had in there was rather oblique but I'll answer it anyway: yes, I'm prepared for bankruptcy.

The remainder of your rant is empty and unsubstantiated.References :

By: Kelly Jay

Kelly Jay — Sat, 06 Mar 2010 09:30:59 +0000

I wish America would wake up…its sad, that most people who vote republican don't even understand any of the issues you have outlined. Sad. References :