Quote:
Originally Posted by JUREK
Kahuna:
I like your reply on our problem with Freddie and Fannie . We both know some of the major players in House or Reps that should have more than some idea on what was going on. Now the same people are going to still be in power ?
It just doesn't make sense !! I am against any bailout because of bad moves by banks and yes just stupid people.
I work with an individual who had his son just buy a house about two months ago with 3% down payment. This is part of the reason we are in this position.
How can either party lie and tell us we will get a tax cut ? I just don't see how.
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I could be way out of line here but this is one of the major reasons for my objection to Sen Obama. He is without a doubt a socialist and so far left and that is the group that wants the american dream available to more people. Sounds good but just like most socialist programs it does not work...part of what we are going through now is the insistence in the 90's that we make home ownership available to more people. OF COURSE there were those on Wall St who siezed on this chance and made a ton but seems to me the principle was born in the 90's and even in the 70's with President Carter.