July/August/Sept = Foreclosure record!!!

Discussion in 'Politics' started by skookerasbil, Oct 15, 2009.

  1. skookerasbil
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    skookerasbil Gold Member

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    Foreclosures hit record in third quarter 2009 - Oct. 15, 2009


    ......from the article...............

    No end in sight
    The foreclosure crisis may not diminish anytime soon. "The fastest growing area is in the 180 days late-plus category, the most seriously delinquent borrowers," Sharga said. "It's going to be a lingering problem."

    Plus, the RealtyTrac statistics may understate the depth of the foreclosure mess because lender and government actions have delayed many filings. As a result, some delinquencies have not been counted on the foreclosure tallies. That means the crisis may not end quickly.



    When your economic policies are geared towards "Trickle Up Poverty"..........this is what you get: staggerring unemployment...........staggerring deficits...........anti-business taxation and flat growth rates............and evidently, massive increase in foreclosures.





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    How much fun is it going to be checking out the daily Presidential Tracking Poll in these coming months?????:funnyface:
     
  2. skookerasbil
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    skookerasbil Gold Member

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    Oh..........and Rush Limbaugh was asked today about the massive increase in foreclosures this past quarter...................

    His reply? (fcukking hysterical s0ns!!!)



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  3. skookerasbil
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    skookerasbil Gold Member

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    lmbo.................

    "Its the Republicans fault" doesnt quite cut it anymore now does it s0ns?????
     
  4. saveliberty
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    saveliberty Diamond Member

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    Wait til the commerical foreclosures start hitting the books.
     
  5. skookerasbil
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    skookerasbil Gold Member

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    yup..........banks are apparently balking at foreclosing, thus, the numbers may be much higher. Not only that, many of them already got bailed out and are back in default.

    What a fcukking disgrace..................

    Your country turns to sh!t when lefty politicians force banks to lend to non-credit worthy borrowers. America has been fcukked by Fannie/Freddie..........30 years of brilliance buying votes by giving away homes is now falling on its face
    The sheep k00ks blame greedy investors, but they never get the shot without the CRA. Many Americans still dont get it...........
     
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    Last edited: Oct 15, 2009
  6. WillowTree
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    WillowTree Diamond Member

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    pshawww! this recession is over, so say the democwats! get with the program!
     
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  7. skookerasbil
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    skookerasbil Gold Member

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    Willow.......you are the sh!t.............lmao
     
  8. skookerasbil
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    skookerasbil Gold Member

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    You know Willow........there are some who have said that he is trying to destroy industry in America.........end capitalism.
    I really never bought that until recently, but you see this uber bizarre non-sense going on and you really wonder. Nobody can be this profoundly wrong on EVERYTHING................can they???
     
  9. PatekPhilippe
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    PatekPhilippe Senior Member

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    The funny thing is this...everyone is missing the fact that Obama sold 2 trillion dollars in Treasury bonds and securities to the Fed. Then in turn gave this money to Geithner who in turn pumped it all into Wall Street to inflate the stock market. Right now the bubble is getting bigger and bigger.

    Right now the dollar isn't worth the paper it's printed on because of the deliberate devaluation of our currency by the Fed......
    but we are recovering as unemployment continues to rise...:lol: :cuckoo:
     
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  10. Chris
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    Chris Gold Member

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    I love when Republicans cheer for America to fail.

    It shows who they really are.

    Meanwhile I'm making so much money it is amazing.
     
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