June 25, 2008

ABC News report on the worsening housing crash, and the up-in-the-air Housing Gambler / Mortgage Lender Bailout Bill

15 comments:

Great Leadership brought us here. said...

Game, Set, Match.

America Loses, Again.

Depression next. Stay tuned.

America is DEAD said...

Chris Dodd, Senator.

The most shameful and disgusting poor excuse for a Senator (except for Pelosi, Boxer, Feinstein, Kennedy, geez, I guess ALL OF THEM...).

America is DEAD

i've had it said...

i don't listen to broadcast news anymore since it's just full of lies for the most part. anything that they say that does happen to be the truth is usually late in coming, done grudgingly, and is largely irrelevant by the time it's sent over the airwaves. abc, cbs, nbc...they are all the same. abc is the worst.

sorry keith, i won't even view the video for the reasons stated above. you and others here said it much earlier than abc did!

million said...

from what i've read it's practically a done deal.

the only thing standing in the way is Jim Inhofe (R-Okla.) and six other Senators trying to push for rational discussion and investigation into how much BoA/Countrywide stand to profit.

Anonymous said...

How can the president support this bill when Bank of America CLEARLY wrote it for themselves??!!

It limits them to just a 10% loss, and TAXPAYERS get to pay for the rest of these bad loans!!

Why and how is there not rioting in every street across America??!!

THIS IS A BAILOUT FOR CRIMINAL BANKS and HURTS TAXPAYERS IMMENSELY!!

VOTE every single incumbent who votes for this horrid, corrupt legislation OUT OF OFFICE ASAP!!

Anonymous said...

and of course Bush continues his unbroken streak of always making the wrong decision as he begins to waffle on his opposition to this bilking of the taxpaying middle class

unbroken 8 YEAR streak... said...

"and of course Bush continues his unbroken streak of always making the wrong decision as he begins to waffle on his opposition to this bilking of the taxpaying middle class"

Poetry. Priceless.

unbroken 8 YEAR streak...

Anonymous said...

"...as he tries to appear as if he begins to waffle..."

FIXED.

Mozilo said...

"the only thing standing in the way is Jim Inhofe (R-Okla.) and six other Senators trying to push for rational discussion and investigation into how much BoA/Countrywide stand to profit."

Ooops, I forgot to pay those guys off damn it!
Good luck with the mortgage backed securities, suckers!!!
For myself, I think it's about time to take a long deserved vacation in a place that has no extradicion treaty with the US of A.

Frank@Scottsdale-Sucks.com said...

I nominate the LA Times for the Worst Reporting Ever award.

They're waving around a poll saying Obama leads McCain by 15 points, then you read the fine print and learn that they polled democrats over republicans by a 2-to-1 margin.

Dopes!!

Competition is GOOD! said...

" Frank@Scottsdale-Sucks.com said...
I nominate the LA Times for the Worst Reporting Ever award."

Obviously you have never read the San Jose Mercury (Murky) News, aother McClatchy abortion-in-progress...

Let me count the ways....

Anonymous said...

uo in the air...WTF? The only thing up in the air is the total cost. Will it be $300B, $500B, $2T?

Anonymous said...

Anonymous said...
How can the president support this bill when Bank of America CLEARLY wrote it for themselves??!!


============


El stupido:

The president has said he will veto the bill.

Anonymous said...

What all the "experts" fail to recognize is that when they keep increasing the conforming limits for the GSE, it makes home ownership more difficult. Homeowners become more leveraged and defaults increase. This basically builds in home price inflation (of course not included in CPI calculation). The home is not your piggy bank or entire retirement fund. They should lower the conforming limit so prices will drop and home ownership will increase.

Anonymous said...

Hang them ALL !!!! Till they are dead, dead, dead !!!!!