Comments on: Antique Mommy’s Bail Out Plan http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/ Fri, 10 Feb 2012 22:28:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dianne http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41478 Dianne Fri, 03 Oct 2008 13:54:41 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41478 Oh when will the powers that be start getting their advice from brilliant bloggers (like you and Lorraine)? Come on, folks, when a person can sum up the answer in a single blog post, that bears some attention! :D Oh when will the powers that be start getting their advice from brilliant bloggers (like you and Lorraine)? Come on, folks, when a person can sum up the answer in a single blog post, that bears some attention! :D

]]> By: Janna http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41432 Janna Thu, 02 Oct 2008 15:38:36 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41432 Ditto and AMEN!!!! Ditto and AMEN!!!!

]]> By: Everyday Mommy http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41431 Everyday Mommy Thu, 02 Oct 2008 15:24:28 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41431 Ahem...lets place the blame squarely on the shoulders of those who authored this mess, shall we? 'Tis not the CEO's and CFO's of the mortgage companies. 'Tis the congress, my dear. Specifically the Democrats in congress lead by their erstwhile champion, Bill Clinton. How can we forget Bill Clinton, and his plan the “National Homeownership Strategy: Partners in the American Dream.” This financial scheme promoted insanely low down payments and coerced lenders into giving mortgage loans to first-time buyers with unstable financing and incomes. Enter Barney Frank and Chris Dodd...ahem...who carried the torch for Clinton after he left office, forcing Fannie Mae & Freddie Mac to continue making bad lons. Next, the Democrats opposed a plan by President Bush and Congressional Republicans for the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis! Most nauseating of all are Barney Frank and the Democrats who are now acting as though they're super heroes, swooping in to rescue our economy when they paved the way for this crisis. Create the problem then take credit for "fixing" it. Right. This is what happens when the government intervenes in the private sector. This is why universal health-care will be disastrous. Everything the government touches gets screwed up. Ahem…lets place the blame squarely on the shoulders of those who authored this mess, shall we? ‘Tis not the CEO’s and CFO’s of the mortgage companies. ‘Tis the congress, my dear. Specifically the Democrats in congress lead by their erstwhile champion, Bill Clinton.

How can we forget Bill Clinton, and his plan the “National Homeownership Strategy: Partners in the American Dream.” This financial scheme promoted insanely low down payments and coerced lenders into giving mortgage loans to first-time buyers with unstable financing and incomes. Enter Barney Frank and Chris Dodd…ahem…who carried the torch for Clinton after he left office, forcing Fannie Mae & Freddie Mac to continue making bad lons. Next, the Democrats opposed a plan by President Bush and Congressional Republicans for the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis!

Most nauseating of all are Barney Frank and the Democrats who are now acting as though they’re super heroes, swooping in to rescue our economy when they paved the way for this crisis. Create the problem then take credit for “fixing” it. Right.

This is what happens when the government intervenes in the private sector. This is why universal health-care will be disastrous. Everything the government touches gets screwed up.

]]> By: Trixie http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41396 Trixie Thu, 02 Oct 2008 11:33:54 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41396 Wonderful! I love it. There's a reason you don't work in politics or on Wall Street: you just have to darn much common sense. Take Care, Trixie Wonderful! I love it. There’s a reason you don’t work in politics or on Wall Street: you just have to darn much common sense.

Take Care,

Trixie

]]> By: Amy Bayliss http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41389 Amy Bayliss Thu, 02 Oct 2008 04:55:32 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41389 I think there minimum wage job should be as cooks and line servers to maximum security prisons. That should teach them something. I would so vote for you. I think there minimum wage job should be as cooks and line servers to maximum security prisons. That should teach them something.

I would so vote for you.

]]> By: Shalee http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41388 Shalee Thu, 02 Oct 2008 02:17:01 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41388 You have much more common sense than most of those people in Washington. (Mr. Right gave this post a resounding, "Hear, hear!" You have earned the stamp of approval.) You have much more common sense than most of those people in Washington. (Mr. Right gave this post a resounding, “Hear, hear!” You have earned the stamp of approval.)

]]> By: Cindy http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41387 Cindy Thu, 02 Oct 2008 00:34:50 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41387 I am putting your name on the ballad come November. Thinking we need someone like you in Washington. :) I am putting your name on the ballad come November.
Thinking we need someone like you in Washington. :)

]]> By: Joanna http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41386 Joanna Wed, 01 Oct 2008 23:26:11 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41386 I read AM and I approve of her message. Can't wait to read step two. I read AM and I approve of her message. Can’t wait to read step two.

]]> By: Danell http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41385 Danell Wed, 01 Oct 2008 23:00:32 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41385 I think I love you, AM. I think I love you, AM.

]]> By: Antique Mommy http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/comment-page-1/#comment-41384 Antique Mommy Wed, 01 Oct 2008 22:43:48 +0000 http://antiquemommy.com/2008/10/01/antique-mommys-bail-out-plan/#comment-41384 Anna, No one here is suggesting there should be punishment for the rich just because they are rich. No one is saying that people who are rich are automatically crooks and should have what they have earned taken from them. To be clear, I certainly am not saying that. I AM saying that the CEOs and CFOs and others who are complicit in this financial debacle and who are going to walk away from this mess with millions in their pockets should have their wealth confiscated, because as it stands now my wealth and yours will be confiscated by the US government in the form of taxes to pay for this mess. Anna, No one here is suggesting there should be punishment for the rich just because they are rich. No one is saying that people who are rich are automatically crooks and should have what they have earned taken from them. To be clear, I certainly am not saying that. I AM saying that the CEOs and CFOs and others who are complicit in this financial debacle and who are going to walk away from this mess with millions in their pockets should have their wealth confiscated, because as it stands now my wealth and yours will be confiscated by the US government in the form of taxes to pay for this mess.

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