This is what happens when you sell out to the people who think that they are entitled to keep transferring wealth from the citizens of our country into their own pockets. They get popular figures to espouse programs that sound good but merely dig us deeper into economic abyss. Fortunately, there are enough people paying attention that the public can…[...]
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Does anyone really care about what the media is hyping for their own ratings and their own revenue? CAN ANYONE WAIT FOR RELIEF FROM THE 2 MILLION FORECLOSURES THAT WILL HURL US DOWN THE TUBES IF WE DON'T FIGURE A WAY OUT OF THE CREDIT CRISIS? Exactly how important are the comments of an ex-pastor of a presidential candidate to…[...]
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DEAR JACKY: It is difficult for me to give you advice without receiving more information: Generally, my advice is stand and fight. There are many options, but we have to know what your situation looks like. Needless to say, going to a lawyer who is familiar with local law and procedure is the most preferable route to take, but I…[...]
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CLINTON -- MCCAIN FORECLOSURE FREEZE GETS COLD SHOULDER BUT SOUNDS GOOD Well here is a version (SEE ARTICLE BELOW) of what we have been pushing for months ---- changing the terms of the mortgages so that the homeowner can stay in the house and the mortgage can be modified, sold or recast for capital accounting. This is a lot more…[...]
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Gas prices are up for several reasons, the primary one being that the oil companies are squeezing every last penny of profit out before the inaugeration of the new, presumably Democratic President and a congress that is heavily weighted Democratic. THERE IS NO CLINTON PLAN OR PROPOSAL: Any Gas Tax "proposal" submitted by a Presidential candidate is straight pandering. Clinton…[...]
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Foreclosures hit renters too Rise in mortgage defaults ripples beyond homeowners: report By Amy Hoak, MarketWatch Last update: 12:01 a.m. EDT April 30, 2008 CHICAGO (MarketWatch) -- The rise in foreclosures isn't just affecting homeowners, it's also putting pressure on renters, according to a report released Wednesday by the Joint Center for Housing Studies at Harvard University. For one, the uptick…[...]
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Dear Sir/Madam, I need an attorney who will fight for me, would you watch my short documentary video on the predatory lending that I fell victim to. If you can assist me in any area of the subject matter, I would greatly appreciate it time is very short for me. http://www.youtube.com/watch?v=NCsRr61qZJQ Thanks in advance, Ernie Paul Young…[...]
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Mortgage Meltdown: Regulation or Re-creation?
Apr 30, 2008
It is startling to see how little anyone knows about the mess we are in. First they don't understand how bad this is going to get. Second they don't understand how it happened because they don't understand the financial system. And third, they have no clue how to prevent this from happening again. They don't even realize that it has…[...]
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You should consult with legal counsel if at all possible. Local rules and state laws differ, as do the application of bankruptcy laws in each state. That said, based upon the emails I am receiving, many people don't have the money to hire a lawyer. Obviously this makes perfect sense since most of the people reading this blog are people…[...]
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May 3, 2008: Two interesting things about this posting. The first is that while I posted it many days ago it has been the number one posting on this site every day. The second is that it obviously attracted the attention of the Clinton attack machine who have tried to get me to allow comments that suggest that this entire…[...]
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