Obama & Democrats answer to $4.00 gas...
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Rainman

Campbellsville, KY

#21 Aug 14, 2008
If a person that purchased a home with an ARM wasn't aware of what the maximum rate adjustment could be, then that person had no business buying a home. Why would a sane person gamble on something as basic as housing for the family? ARM's should be illegal. Banks and mortgage companies widened their parameters on who could purchase too much. That's why their are so many foreclosures (only about 1 in 64 persons on average)

“Is truth stranger then fiction”

Since: Oct 07

Campbellsville

#22 Aug 17, 2008
Rainman wrote:
If a person that purchased a home with an ARM wasn't aware of what the maximum rate adjustment could be, then that person had no business buying a home. Why would a sane person gamble on something as basic as housing for the family? ARM's should be illegal. Banks and mortgage companies widened their parameters on who could purchase too much. That's why their are so many foreclosures (only about 1 in 64 persons on average)
Looks like the government (TAXPAYERS) is going to have to bail these loan companies out. I think home loan should be easier to get then car loans and other types. Home usually goes up in value over time. A house is a good investment.

Home values have been dropping. I heard a house in Georgia or somewhere sold for a $1.00 . Banks having to do a write off, and count it as a lost.

“Is truth stranger then fiction”

Since: Oct 07

Campbellsville

#23 Mar 30, 2011
Gas Prices moving on up. FIVE Star $3.57 right? Cheapest gas in town is Wal-Mart 3.41 i thin.

As of March 29, 2011

“Is truth stranger then fiction”

Since: Oct 07

Campbellsville

#24 Feb 25, 2012
Pump it Up!!! Pump it Up!! Pump it up folks!!!!!

“Is truth stranger then fiction”

Since: Oct 07

Campbellsville

#25 Feb 28, 2012
Pump it up!!!
McGruff

Leitchfield, KY

#26 Apr 24, 2012
Pitiful
George

Barberton, OH

#27 Oct 7, 2012
If the biggest export item from the U.S. is now refined gas,,what ports is it leaving from? It would seem to me that a LOT of it is leaving from Cal. It would be interesting to find out how much is leaving during this "shortage".

Prez has openly stated he wants our gas prices very high. Wish this wasn't the one statement he was making good on! Think GW convinced him to keep making all his oil buddies rich?
bone head

Elizabethtown, KY

#29 Oct 7, 2012
Four dollar gas

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