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Author Topic: Here's Something to Whine About  (Read 1143 times)

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Offline Willow

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Here's Something to Whine About
« on: July 11, 2008, 04:38:42 PM »
H.R.3221
Is being passed by the Senate. It's the big Home Mortage Aid package. The bail out!  :lmao:



http://thomas.loc.gov/cgi-bin/bdquery/z?d110:H.R.3221:
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Offline Chris_

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Re: Here's Something to Whine About
« Reply #1 on: July 11, 2008, 05:09:17 PM »
Link doesn't seem to work...
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If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline Willow

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Re: Here's Something to Whine About
« Reply #2 on: July 11, 2008, 05:17:12 PM »
Quote from: freedumb2003 on July 11, 2008, 05:09:17 PM
Link doesn't seem to work...

just go to the US Senate, they are voting cloture now. Will vote on the bill on Monday, according to Harry!
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Offline Willow

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Re: Here's Something to Whine About
« Reply #3 on: July 11, 2008, 05:18:11 PM »
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Offline Uhhuh35

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Re: Here's Something to Whine About
« Reply #4 on: July 11, 2008, 06:38:32 PM »
Quote from: Willow on July 11, 2008, 04:38:42 PM
H.R.3221 Is being passed by the Senate. It's the big Home Mortage Aid package. The bail out!  :lmao:
Hey that's great news! Now all those homes won't be foreclosed on! Housing prices won't...uh...come down. Hmm.
But the mortgage payments will remain...the same? So they'll be foreclosed on next year and we'll have spent all this money and only delayed the inevitable?

Oh S**t!

Well, at least this won't affect our budget deficit right? Taxes won't go up right?
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"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."
— Albert Einstein.

Offline Willow

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Re: Here's Something to Whine About
« Reply #5 on: July 11, 2008, 06:46:42 PM »
Senate Passes Foreclosure Rescue

WASHINGTON  —  A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and get more affordable, safer loans passed the Senate overwhelmingly Friday, but it faces a bumpy road amid continuing turmoil in the housing market.

The 63-5 vote reflected a keen interest by Democrats and Republicans to send election-year help to distressed homeowners with economic issues topping voters' concerns.

The plan lets homeowners buckling under mortgage payments they can't afford keep their homes and get more affordable mortgages backed by the Federal Housing Administration. Banks that agreed to take substantial losses on those distressed loans could avoid costly foreclosures and be assured of recovering at least some money.

http://www.foxnews.com/story/0,2933,381126,00.html



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