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#63 Sep 6, 2008
So as I was saying Mr. Financial Pro. As of this writing today is 09.07.08 Please read the articles that prove my point that Freddie and Fannie disconnected the dead man switches in favor of profit. Turn in your License your giving advice while under the influence of grandeur .
#64 Sep 7, 2008
The high demand was promoted by Wall Street with the collusion of the rating agencies who overrated the "securities". Moreover do you think a prospectus would tell you that many of these mortgages were obtained without a nickel down? No, but they'll give you the latest S/P or Moody's ratings.
#65 Sep 7, 2008
Nobody bailed me out when I lost my crib in Farmington.
#66 Sep 7, 2008
When was the last time you stepped into a classroom? What makes you think that teachers work 9-5? You are entitled to your opinion, but please keep in mind that teachers work beyond their hours, or late at night after their family has gone to sleep. Most teachers spend their own money to purchase some of the materials in the classroom. Are you familiar with the rigorous process to becoming a teacher in our state? It's not only a lot of work, but it's expensive. It's not only a career, but clearly a personal choice to serve the community.
#68 Sep 7, 2008
Yes but I believe it was already a foreclosure from the Colonial Realty scam fall out
#69 Sep 7, 2008
Did Congress or any branch of government have a gun to a borrower's head to sign the loan documents?
Unfortunately, as much as you may want to try, you can't legislate common sense.
That is the real issue here.
#70 Sep 7, 2008
Agree that the property taxes are so out of control that one can lose a mortgage free home because the LOCAL GOVERNMENT has the ability to spend freely and reach into the homeowners' back pockets with NO recourse on the part of the homeowner.
YOU ARE WRONG to blame teachers and call them names. Go to your town meetings and LISTEN to the pork in the school and town budgets that has NOTHING to do with teachers.
Only in the northeast does this tax you out of your home occur.
Other states have education budgets funded by the state, which taxes on ABILITY to pay rather than some arbitrary appraiser walking through your home for 15 and deciding whay you can afford.
The tax system needs an overhaul.
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