Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Mentioned: 0 Post(s)
Quoted: 8 Post(s)
That's nice. You should actually read the crap you post. The housing bill is a different bill from the stimulus bill, and it hasn't even passed yet. Here is the proposal: No one is going to give any cash or any sort of a free ride to the homeowner, a "Toxic Bank" is going to buy the paper and then structure the loan as best it can to try to get the payments down to what the person can afford. They will still be expected to pay what they paid for the house, the purpose of the program is to keep them in their homes. Ultimately, due to our current political impasse, this will be decided by three Republican Senators, just like the stimulus bill was. Bitch at them.
Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.
-President Barack Obama, 1st Inaugural address