Christie refuses to use fed $ to stop foreclosures

Discussion in 'Politics' started by Luddly Neddite, Sep 25, 2012.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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    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.
     
  2. beretta304
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    beretta304 BANNED

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

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    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?
     
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  4. Leweman
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    Leweman Gold Member

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    Tough shit
     
  5. Warrior102
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    Warrior102 Gold Member

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

    Fuck them and fuck you.
     
  6. TakeAStepBack
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    TakeAStepBack Gold Member

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    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.
     
  7. Katzndogz
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    Katzndogz Diamond Member

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    Very wise of Governor Christie.
     
  8. Lonestar_logic
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    Lonestar_logic Republic of Texas

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    Obama is making himself look bad. He doesn't need any help.
     
  9. DiamondDave
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    DiamondDave Army Vet

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    Bingo
     
  10. g5000
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    g5000 Diamond Member

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    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.

    .
     
    Last edited: Sep 25, 2012

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