Feb 28, 2008
How about, legislating mandatory negotiations between the banks or mortgage companies who approved the sub-prime loans? The people still pay for their houses and the taxes that accompany them, the mortgage companies get paid either a reduced payment (back to the original interest rate on ARMs) for a longer period of time or an adjusted principle amount according to the new (lower)appraised value. The mortgage companies are taught a lesson about ripping people off and the homeowners have the responsibilty to continue paying their mortgages. The government doesn't have to bail anyone else out and MIGHT learn a little something about leaving businesses to regulate themselves. (May 17, 2008 | post #859)
You left out the peace loving Americans. They too, have been deceived into complacency and false patriotism. (May 17, 2008 | post #949)
Exactly. Thanks for making a pertinent point. What~WILL~ we do when the fish are gone? (May 15, 2008 | post #368)
Vegetarians don't eat fish. (May 15, 2008 | post #365)
The "scoop" is that you apparently haven't been paying attention! Over-fishing is the main culprit however poisoning of the oceans (like the gulf coast)are caused by the overuse of fertilizer by the big agri-businesses. There have been NUMEROUS scientific articles widely reported on for this subject. As well as information about the plastics that are ruining the oceans and the life forms (turtles,seabirds plankton eating fish etc.)that live there. You can google "plastic in the oceans" to find info on that issue and I presume you can do the same for depletion of ocean fish. These reports and articles are based on science, not political platforms so please avoid those that attempt to oppose the facts by claiming they are of a particular "type" of philosophy. (May 13, 2008 | post #211)
Right~The Oceans overfished themselves,the fish arbitrarily stopped reproducing in numbers large enough for us to have a sustainable harvest, the poison in the waters has come from a natural chemical reaction that is cyclical throughout history and the poor fishing INDUSTRY has always followed ecologically sound and by catch minimal practices out of the goodness of their hearts and a general disdain for monetary gain. Man's actions have never affected the environment and greed has never been the common denominator in the eventual collapse of an industry. (May 13, 2008 | post #189)
As I've already said...even if she is a hypocrit it doesn't change the fact that McCain is either abandoning his previous principles or he is deceiving everyone supporting him now and will betray them if he gets in office. Either way he is not behaving in an Honorable fashion and therefore should not be regarded as a "straight talker" or a "maverick ",but as a untruthful,unscrup ulous man and a typical politition. (May 13, 2008 | post #896)
Does she hold herself up to the public as a straight talker and a maverick to the republican party? And even if she is a hypocrit...it doesn't mean that McCain hasn't turned into a typical, dishonest,abandon all principals,... polititian. (May 11, 2008 | post #834)
Gee, did you know the term "homeland " was introduced to the common language by the Nazi leadership in order to promote an us vs them response to anyone not inclined to support Hitler's agenda? Did you know that one of the first things the Nazis did was disarm the people?Work them up into FEARING they would lose all if they did not eliminate everyone who held a different view? Do you realize the same thing has been happening here in the United States of America? BE AFRAID OF ISLAM,BE AFRAID OF ILLEGAL IMMIGRANTS,BE AFRAID OF IRAN! Oh, by the way,may we have your guns? I'm not saying The religious extremists are not something to be dealt with,I'm not saying illegal immigrants are not a problem that needs addressing,I'm not saying Iran is our friend. I am saying these issues are being used to frighten us into a "HOMELAND MENTALITY"tha t threatens to undermine our constitutional rights.Every "right"w e give up out of fear that our government can't protect us unless we do, we are one more step closer to losing our citizenship and becoming subjects. Wake up. Taking away our only real means of protecting ourselces from the enemy within is our guns. (May 11, 2008 | post #3394)
I certainly agree that more people need real knowledge regarding the founding of our country. But don't you think it's possible that Huffington is pointing out yet another "switching of views" by McCain, further showing he is not the straight talking maverick anymore? Unquestionably he served our country with honor in the military, but it seems he is much less honorable as a polititian. (May 11, 2008 | post #820)
I'm saying your taxes are ALREADY going up because of the fed bailout of bear stearnes. You didn't think that was at the industries expense did you? And your taxes are GOING TO go up because if these people lose their houses, that is a huge loss of tax revenue both locally and federally. If these people lose their homes, the houses will go back to the mortgage industry who will resell them, at new and current value, keep the money they got as a downpayment from the defunct homeowner, collect another down payment from the new owner and still write off the initial loan as a loss and get a tax break for it. They, with their sleazy loan practices will benefit multiple times while our fellow citizen is the only one being held accountable. If the mortgage companies are forced to renegotiate terms, the individuals keep their homes, pay their taxes and help stabilize the economy. The mortgage companies are then required to bear a portion of the burdens they caused by giving these loans in the first place. And the parent corporations who bundled and sold these mortgages as commodities will still skate by relatively unscathed. Fair? No. More fair than NOT helping the individual? YES. (May 10, 2008 | post #268)
So then, it would seem the solution would be to have an audit of subprime loans (at company expense), verify ssn s and deport those that are illegal. The mortgage company can then eat that loan and consider it payment for costs of deportation. If these loans were known as liar loans, why were these companies allowed to make them? Isn't that dishonest and wholly unamerican? Aren't those companies more to blame than the people (legal americans) who were undoubtedly delighted to be able to get a loan that would (supposedly)secure their finacial future? I don't think people should be relieved of responsibility if they have made poor decisions. However, I am also of the belief that we owe OUR fellow AMERICANS at LEAST as much, if not more,than we owe the mortgage/finance industry. OUR govenment is supposed to act on THE PEOPLE's behalf. So far they have only acted on behalf of their wealthy friends. (May 10, 2008 | post #264)
Does that mean that the corporate bailout was fine with you and you want accountability placed soley on the back of your fellow americans? Does your patriotism apply soley with those who fight in and support war? There is a war going on here at home in our nation. It is between the wealthy individuals and corporations and the rest of us. I have nothing against gaining wealth as long as it is NOT at the expense of everyone else,so don't mistake me for a socialist. But the individuals who are trying to attain the american dream of home ownership should not have been given these loans. Financial institutions have an obligation to protect the value of their holdings. They were greedy and negligent in approving these loans. Perhaps all the underwriters should be sent to Iraq or Afganistan to work off the inordinate debt they allowed to accrue and jepardize the stability of our economy even further. There is enough irresponsibility to go around why only hold the individual americans accountable? Don't they deserve the same assistance the industry received? (May 10, 2008 | post #249)
By legislating that the financial institutions who gambled on these high risk mortgages renegotiate the terms of the loan. The people will keep their houses, the banks will get money and never fear, they will write off the losses and get tax breaks for them. Whether the government subsidizes the mortgages directly or forces the industry to renegotiate we will get the bill in the end. So now that the finance industry has already been bailed out, why not do something for THE PEOPLE of our nation? (May 10, 2008 | post #243)
Oh,BS. One of the first things you must provide is work history(which is verified)Bank account info(for 3 months),last years tax return,SSN and credit reports from all 3 credit reporting agencies.There is NO WAY illegal immigrants could come up with all those documents and credit histories.Take your illegal immigrant argument to a forum that is relevant will you? We ARE talking about fellow AMERICANS. (May 10, 2008 | post #234)
Q & A with Patriot60
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