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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (533367)11/30/2009 12:38:54 PM
From: i-node  Read Replies (3) of 1574854
 
>> Inode, do you know of situations where the borrower tries to force a foreclosure and doesn't even put in a good faith effort to help the borrowers meet their payments?

It is pretty hard to imagine there are actually such situations in this market.

Obama was criticized today in an article at Politico for issuing idle threats --

"But it’s a perception that began when Obama several times laid down lines β€” then let people cross them with seeming impunity. Last summer he told Democrats they better not go home for recess until a critical health care vote but they blew him off. He told the Israeli government he wanted a freeze in settlements but no one took him seriously. Even Fox News β€” which his aides prominently said should not be treated like a real news organization β€” then got interview time for its White House correspondent."

This is another idle threat. How is he going to "crack down", legally, at least? Is he going to corrupt the mortgage markets in the way he did the secured debt markets?
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