Christie refuses to use fed $ to stop foreclosures

[Luddly Neddite]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

 

[beretta304]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

You're an idiot. NJ is a blue state so what will he gain? Besides do you even live in NJ?

 

[TakeAStepBack]

Why is it the federal taxpayers job to bailout state homeowners?

Is it my job to pay for someone elses mistake on buying a toxic asset on a variable rate mortgage?

 

[Leweman]

Tough shit

 

[Warrior102]

Now it's my job (a taxpayer) to bail out homeowners ??

Fuck them and fuck you.

 

[TakeAStepBack]

The answer is no. People need to liquidate and deal with the position they are in. Artificially keeping those folks in an asset they can not afford does not solve any problems. Sell it. Foreclose, file bankruptcy.

it's not the national taxpayers problem or job to fix it.

 

[Katzndogz]

Very wise of Governor Christie.

 

[Lonestar_logic]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

Obama is making himself look bad. He doesn't need any help.

 

[DiamondDave]

Why is it the federal taxpayers job to bailout state homeowners?

Is it my job to pay for someone elses mistake on buying a toxic asset on a variable rate mortgage?

Bingo

 

[g5000]

The quicker we hit bottom, the quicker prices find their natural state, and the quicker we begin to recover.

Continuing to artificially prop up the market this far down the road is extremely counterproductive.

There is still an astronomical amount of deleveraging and loss-eating which must be done.

Leave the keys on the porch, and rent.

.

 

[Avorysuds]

More welfare we can't afford... And look who supports it! How do you plan to pay for this Luddly, I mean you can't support Obama's military spending and wars AND Obamacare AND welfare and believe you will ever balance a budget, do you?

Next you will be bitching about R’s stopping Obama from bailing out students from their loans!!!!!!!!!!!!

 

[Dont Taz Me Bro]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

The federal government has absolutely no business stopping foreclosures.

 

[Caroljo]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

So all the foreclosures are only on DEMOCRATS? There are no Republicans being foreclosed on?

 

[Leweman]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

So all the foreclosures are only on DEMOCRATS? There are no Republicans being foreclosed on?

They are individuals

 

[hjmick]

So... Those of us who work hard to pay the mortgage we asked for, those of us who pinch pennies to make it through these tough times, those of who eat it and take a loss because that sometimes happens, are now expected to pay for those who don't?

Bullshit. The fiscal irresponsibility of others is not the responsibility of the government or the taxpayers...

Poor planning on your part does not constitute an emergency on my part.

 

[Claudette]

The quicker we hit bottom, the quicker prices find their natural state, and the quicker we begin to recover.

Continuing to artificially prop up the market this far down the road is extremely counterproductive.

There is still an astronomical amount of deleveraging and loss-eating which must be done.

Leave the keys on the porch, and rent.

.

Big Assed Bingo.

 

[g5000]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports

During a press conference Monday in Long Branch, NJ, Hoffer clashed with Christie over the program's inaction. The governor claimed that more funds hadn't already been allocated because of a court-imposed moratorium on foreclosures. "Our policies were put on hold, waiting to see what the courts were ultimately going to do on foreclosures," Christie said. "And that's why we haven't moved any more quickly than we have already."

Hoffer, however, disputed the legitimacy of that claim: "The moratorium did not stop other states from helping families already facing foreclosure."

The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

Two wrongs don't make a right. The banks committed massive, widespread fraud and a whole helluva lot more financial workers should be in federal prison. Why they are not speaks to the kind of power an industry which has exploded to 20 percent of GDP has.

However, keeping people in houses they should not have been sold in the first place does no one any good. The housing sector is a drag on the whole economy, and it is time to cut our losses and start recovering. It is just plain nuts to keep throwing cash into a money pit.


.

 

[Avorysuds]

New Jersey Foreclosures Crisis: Chris Christie Not Using $300 Million In Federal Funds To Help Distressed Homeowners, WABC Reports



The moratorium is exactly why the homeowners should be helped NOW but the R wants to do anything they can to make Obama look bad - including letting people lose their homes.

Knowing how vile and corrupt Christie is, he'd love to be able to stop those people from being able to vote precisely BECAUSE they don't have a home address.

So all the foreclosures are only on DEMOCRATS? There are no Republicans being foreclosed on?

They are individuals

When talking to a Republican or Democrat there are no individuals... There is only the 1%, 99%, 47%, 35%, Black, Hispanic, Asian, White, male female, Gay, strait, rich and poor. Anything to divide the nation.

 

[Luddly Neddite]

Interesting that the rw's can NEVER see any further than beyond their own nose. Think this through and you might see good reason why families should not become homeless and why it does not help our economy.

OTOH, no surprise you're all (b-a-a-a-a-a) voting for MitWit. He DID say he wants more homeless families so the 1% can buy the homes cheap and then rent them back to the original owners. THAT is why Mr Donut is sitting on the money that has already been allocated for this purpose.

 

[Claudette]

Oh Brother.

The housing market should have been allowed to hit rock bottom long ago. Once it hits bottom it can start on the way up.

I'm not interested in paying anyone mortgage. If you are then have at it you moron.