That is a great clip! What really gets me jacked-up with the the previous government and current government is that they are not even addressing the problem which is people are losing their jobs. Instead they decide they are going to bail out people that are "underwater or close to it" on their mortgages. Just because your home value is less than your mortgage doesn't mean you should be bailed out, in my opinion. So the people don't have any equity in their home due to the decrease in real estate prices. How is that any different than renting? And just because you mortage is worth more than your home doesn't mean you need to be bailed out. They still have jobs and are paying their mortgage. The government should have focused on infrastructure, eduction and support for the unemployed so that we are ready to hit the ground running when this recession ends.
And why is Obama still campaigning? Why did he have to go to Denver to sign that outrageous bill? Why did he have to go to Arizona to talk about the "mortgage crisis"? That's just a waste of our tax money and we don't have money to waste these days.
Just another CNBC talking head idiot where were his rants when Bush was bailing out banks. Either be for the free market and letting banks collapse or shut the hell up !!!!
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That is a great clip! What really gets me jacked-up with the the previous government and current government is that they are not even addressing the problem which is people are losing their jobs. Instead they decide they are going to bail out people that are "underwater or close to it" on their mortgages. Just because your home value is less than your mortgage doesn't mean you should be bailed out, in my opinion. So the people don't have any equity in their home due to the decrease in real estate prices. How is that any different than renting? And just because you mortage is worth more than your home doesn't mean you need to be bailed out. They still have jobs and are paying their mortgage. The government should have focused on infrastructure, eduction and support for the unemployed so that we are ready to hit the ground running when this recession ends.
And why is Obama still campaigning? Why did he have to go to Denver to sign that outrageous bill? Why did he have to go to Arizona to talk about the "mortgage crisis"? That's just a waste of our tax money and we don't have money to waste these days.
Just another CNBC talking head idiot where were his rants when Bush was bailing out banks. Either be for the free market and letting banks collapse or shut the hell up !!!!
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