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Old 10-24-2011, 04:52 PM
 
Location: Near a river
16,042 posts, read 20,123,948 times
Reputation: 15730

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New Obama Foreclosure Plan Helps Banks At Taxpayers' Expense

in: Huffington Post today


???
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Old 10-24-2011, 05:43 PM
 
8,397 posts, read 6,338,523 times
Reputation: 6355
It's not a surprise. Politicians do whatever they want with tax payers money. That is one of the many reasons our country is in a bad economy situation. Yes, we can elect different parties or people into office but at the end of the day they all tell us what we want to heard until they are actually in office.
It's sad but true. There is little we can do when it comes to how they spend the taxpayer money. But if we don't pay our tax bill we will face the music all day.
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Old 10-24-2011, 06:30 PM
 
Location: Metro Detroit, Michigan
18,204 posts, read 16,641,220 times
Reputation: 18182
America... Where failure is rewarded and success is taxed excessively...
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Old 10-25-2011, 07:51 AM
 
Location: Near a river
16,042 posts, read 20,123,948 times
Reputation: 15730
Quote:
Originally Posted by Singlelady10 View Post
It's not a surprise. Politicians do whatever they want with tax payers money. That is one of the many reasons our country is in a bad economy situation. Yes, we can elect different parties or people into office but at the end of the day they all tell us what we want to heard until they are actually in office.
It's sad but true. There is little we can do when it comes to how they spend the taxpayer money. But if we don't pay our tax bill we will face the music all day.
How much can our taxes be expected to rise, over what kind of time period, if we are going to bail out not only the banks but now the underwater homeowners??
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Old 10-25-2011, 07:51 AM
 
3,457 posts, read 3,302,069 times
Reputation: 1532
http://www.huffingtonpost.com/2011/1...n_1028554.html




no reason to bail these people out too. two wrongs don't make a right.
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Old 10-25-2011, 09:18 AM
 
19,346 posts, read 17,027,210 times
Reputation: 7519
Quote:
Originally Posted by newenglandgirl View Post
How much can our taxes be expected to rise, over what kind of time period, if we are going to bail out not only the banks but now the underwater homeowners??

You are already paying. We always pay now through higher taxes or inflation. Which way is just a matter of accounting.
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Old 10-25-2011, 02:47 PM
 
4,724 posts, read 3,779,994 times
Reputation: 14367
Bailouts have and always will be the reward to corporate thugs who have put the pols in office to do just those very things that benefit them at a cost to others. We won't be bailing out those homeowners on the same scale as the lenders, read the intent of the new laws, it's simply another monetary transference scheme wherein the corporations interests have been put above the rest..
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