Calif. cities eye plan to seize mortgages

Discussion in 'Current Events' started by Wry Catcher, Jul 15, 2012.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    Calif. cities eye plan to seize mortgages - Yahoo! News

    Makes sense to me; cities, counties and homeowners are suffering and the banks, which were complicit in this entire housing bubble burst, have thus far not only escaped penalties, they've benefited with a bailout of taxpayer's money.
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    Yeah...Looting always looks like a good idea to looters.
     
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  3. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Of course it does. You're a filthy Marxist. You and Hugo Chavez would get along quite well with each other.
     
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  4. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    It is crazy how some of you liberals seem to think you are very intligent, but yet the rest of us are marveled at how GAWD DAMN stupid some of you actually are.

    Have you ever tried to figure out how the housing crisis began, and who is ACTUALLY to blame?

    Im not explaining it to you... but damn you are way off Wry.
     
  5. Douger
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    Douger BANNED

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    What's a mortgage ? OH. I remember ! I had one back in '76 for about 8 years.
     
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  6. Wry Catcher
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    Wry Catcher Platinum Member

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    I wish you would (explain it to me; I've always enjoyed fiction, particularly historical fiction).
     
  7. Rat in the Hat
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    Rat in the Hat Gold Member

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    Poor unfortunate sucker.

    We bought our home, cash.
     
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  8. MeBelle
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    MeBelle Mebellien Mothership © Supporting Member

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    There are more options for homeowners.


    Keep Your Home California Unveils Text Service, Redesigned Web Site and Expands Social Media Efforts to Reach Hard-Hit Homeowners
     
  9. Quantum Windbag
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    Quantum Windbag Gold Member

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    Totally destroying the housing market makes sense to you? You do understand that government meddling in the market is what caused the problem we have, don't you?

    http://blogs.wsj.com/developments/2...s-could-affect-7-billion-in-bonds-fitch-says/
     
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    Last edited: Jul 15, 2012
  10. SayMyName
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    SayMyName Live, Love, Laugh.

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    People do seem to forget that, don't they?
     

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