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To: RinConRon who wrote (314747)7/14/2009 10:00:35 PM
From: KLP  Respond to of 793838
 
It's almost impossible to read c*ap like that...Let me see...Food stamps, a no down payment on mortgage for 40 years that now is underwater, maybe free medical insurance, possible free two year new job training....

Seems to me that eventually people have to take at least a teaspoon of responsibility for themselves.

But the Democrats want their vote. So they continue trying to rob from the middle and rich class, to give to the "UNDERSERVED" people .....the Almighty Vote is what counts.



To: RinConRon who wrote (314747)7/15/2009 4:34:37 AM
From: unclewest1 Recommendation  Read Replies (1) | Respond to of 793838
 
NEW YORK (Reuters) – U.S. officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead, sources familiar with the administration's thinking said on Tuesday.

Under one idea being discussed, delinquent homeowners would surrender ownership of their homes, but would continue to live in the property for several years, the sources told Reuters.


Why not?
Obama's family lives in free government housing too.

If this program gets approved, nobody will make mortgage payments.

Many non-profit agencies manage affordable properties and might be interested in partnering in such a rental program, said John Taylor, the president of the National Community Reinvestment Coalition.
"It could be a 'win-win' for the homeowner, the lender who has a troubled borrower and the non-profit," he said.


Is this program designed to create more income for Acorn?