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Another slam Obama thread, thinking they're being funny. I watched my dog pp on a fire plug this morning and freeze to it, which is funnier than the OP.
Let's see.... so far Mr President has... bought a dog..... went to Denmark.....bought GM.....
He's done absolutely nothing for our economy, and is not even trying. The only thing he cares about is that damn health care plan, which probably won't pass anyway.
If I had wasted an entire year at my own job like our president did I'd be looking for a job come review time.
The foreclosure crisis affected nearly 938,000 properties in the July-September quarter, compared with about 890,000 in the prior three months, according to a report released Thursday by RealtyTrac Inc. That puts foreclosure-related filings on a pace to hit about 3.5 million this year, up from more than 2.3 million last year.
Unemployment is the main reason homeowners are falling into trouble. While the economy is likely out of recession, the unemployment rate - now at a 26-year high of 9.8 percent - isn't expected to peak until the middle of next year.
I thought there was a program in place to help people stay in their homes?
Another slam Obama thread, thinking they're being funny. I watched my dog pp on a fire plug this morning and freeze to it, which is funnier than the OP.
Foreclosures arent funny, not sure why you would expect them to be.
U.S. foreclosures fall for 2nd straight month
07:33 AM EDT
By Julie Haviv
NEW YORK (Reuters) - U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
Foreclosures are many times brought on by people who have lost their jobs but most are on homes where the loan was made to people who could not repay even in the best of times.
Let's hope the Govt does not keep pushing lenders to make loans to another group of people who cannot afford the home. It will just keep this problem going for years to come.
I thought there was a program in place to help people stay in their homes?
They tried. The GOP fought to kill it.
That's what is going on here. The foreclosures are occurring because of long-term loan practices (completed before the economic crash) and the continued economic disaster begun by conservative's policies. We tried to put a more robust recovery plan, but the GOP and other idiots fought it. Now that it's not working as fast as it could have, they are making fools of themselves by complaining.
That's what is going on here. The foreclosures are occurring because of long-term loan practices (completed before the economic crash) and the continued economic disaster begun by conservative's policies. We tried to put a more robust recovery plan, but the GOP and other idiots fought it. Now that it's not working as fast as it could have, they are making fools of themselves by complaining.
Foreclosures need to happen to let the market correct itself. Many people can stay in a home now up to a year without making a payment before evicted but yet the house needs to be sold to someone who can afford the expense.
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U.S. foreclosures fall for 2nd straight month
