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Economic recovery package before Congress"would provide massive fiscal stimulus."
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<blockquote data-quote="Babagounj" data-source="post: 488111" data-attributes="member: 12952"><p>Keep believing the party line that this PORk will create jobs & lead the masses towards financial salvation.</p><p>If the trillion $$ PORK bill was the answer, why does O need that additional $$ to to spend on deadbeats homes ?</p><p>First in was as the activists claimed, banks were redlining areas where they knew that every loan was to risky to grant; large rates of defaults. Sound business practices require that these banks actually make a profit on their loans. Its called survival. Well these activists did away with sound practices & demanded equal loans for all. Now they call the banks evil for bowing to their wacky demands. Those evil banks & mortgage companies took advantage of people who could never repay their loans by actually giving them what they legally signed on for. Now its ACCORN to the rescue by squatting on bank owned ( actually until you pay off your mortgage the bank really owns your house ) foreclosed properties , claiming its their right to do so. ( honestly just where is this right written, I could not find it ). They demand that the non-paying loan signee should stay in the home until O's plan takes off. So now its rent free housing & ownership.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 488111, member: 12952"] Keep believing the party line that this PORk will create jobs & lead the masses towards financial salvation. If the trillion $$ PORK bill was the answer, why does O need that additional $$ to to spend on deadbeats homes ? First in was as the activists claimed, banks were redlining areas where they knew that every loan was to risky to grant; large rates of defaults. Sound business practices require that these banks actually make a profit on their loans. Its called survival. Well these activists did away with sound practices & demanded equal loans for all. Now they call the banks evil for bowing to their wacky demands. Those evil banks & mortgage companies took advantage of people who could never repay their loans by actually giving them what they legally signed on for. Now its ACCORN to the rescue by squatting on bank owned ( actually until you pay off your mortgage the bank really owns your house ) foreclosed properties , claiming its their right to do so. ( honestly just where is this right written, I could not find it ). They demand that the non-paying loan signee should stay in the home until O's plan takes off. So now its rent free housing & ownership. [/QUOTE]
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Economic recovery package before Congress"would provide massive fiscal stimulus."
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