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Reply #28: You're right. Better to give all the houses to rich people n/t [View All]

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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-10-11 09:34 PM
Response to Reply #26
28. You're right. Better to give all the houses to rich people n/t
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  -Obama: We can save housing market if the rich buy foreclosed houses and rent them out. dixiegrrrrl  Aug-10-11 09:09 PM   #0 
  - Feudalism, it's what's for dinner.  smokey nj   Aug-10-11 09:12 PM   #1 
  - Hey, just like in cities in second world countries!  Go2Peace   Aug-10-11 09:46 PM   #44 
  - Without the infrastructure  BackToThe60s   Aug-11-11 01:06 AM   #144 
  - Exactly. nt  Lorien   Aug-11-11 12:07 AM   #124 
  - how rich...rent them to/back to those who lost them fraudulently? nice...why not remodify loans?  SugarShack   Aug-11-11 12:22 AM   #127 
     - not profitable for his buddies the bankers..nt  xiamiam   Aug-11-11 01:20 AM   #154 
     - "why not remodify loans?"  Enthusiast   Aug-11-11 12:15 PM   #295 
     - Jon Walker:  Hissyspit   Aug-11-11 04:38 PM   #384 
        - Exactly.  dixiegrrrrl   Aug-11-11 05:06 PM   #392 
  - I like my vassal medium-rare  PurityOfEssence   Aug-11-11 02:39 AM   #173 
  - I'm waiting for the corps to build walmart type mega housing on the land  Javaman   Aug-11-11 08:53 AM   #212 
  - Wait until the plutocrats gut minimum wage laws...  KansDem   Aug-11-11 10:54 AM   #251 
  - Soon. Hell, Maine has tried rolling back child labor laws. nt  Javaman   Aug-11-11 11:35 AM   #279 
  - We need a big group like the Eagles to redo that song and make it the #One hit!!  sce56   Aug-11-11 01:10 PM   #317 
     - Eagles? Hell no! Dixie Chicks!  KamaAina   Aug-11-11 01:40 PM   #332 
        - Actually, a "We Are The World"-type supergroup would work best  Ken Burch   Aug-11-11 05:28 PM   #396 
        - Well the last time I saw them they were preceded by the Dixie Chicks!  sce56   Aug-11-11 09:43 PM   #422 
  - yikes  marions ghost   Aug-11-11 01:28 PM   #323 
  - +1  harun   Aug-11-11 03:50 PM   #371 
  - "and the porta potty use is only 2.00 per visit!" ( TP extra)  dixiegrrrrl   Aug-11-11 05:08 PM   #393 
  - Great call.  Pacifist Patriot   Aug-11-11 10:31 AM   #243 
  - +1. I knew these banksters were old-fashioined, but medieval?  Ignis   Aug-11-11 12:09 PM   #292 
  - Way more true than you might expect!  MsPithy   Aug-11-11 01:07 PM   #316 
  - feudalism  w0nderer   Aug-11-11 08:45 PM   #418 
  - Well, since the wealth inequity of today now exceeds that of the Gilded Age,  MadHound   Aug-10-11 09:14 PM   #2 
  - Unfortunately, my husband & I predicted this at the beginning of the housing crash- The rich have  cyberpj   Aug-11-11 08:43 AM   #203 
  - next step...  Javaman   Aug-11-11 08:57 AM   #216 
  - Bring it back?  durablend   Aug-11-11 11:19 AM   #268 
  - Have you read some of the stuff about using prison inmates for jobs now?  cyberpj   Aug-11-11 08:00 PM   #411 
  - Theres nothing wrong with poor people's 'long term thinking'  Vanje   Aug-11-11 09:44 AM   #234 
  - Agreed. And also the recent necessity of having to be immersed in whatever the current personal  cyberpj   Aug-11-11 08:03 PM   #413 
  - Agreed  Sherman A1   Aug-11-11 12:59 PM   #313 
  - Someone posted this quote a few days ago:  CrispyQ   Aug-11-11 04:04 PM   #374 
     - Stealing.  dixiegrrrrl   Aug-11-11 08:00 PM   #410 
  - People prefer to rent for the time being.  dkf   Aug-10-11 09:14 PM   #3 
  - If you have to ask,  dgibby   Aug-10-11 09:16 PM   #7 
  - 70% of the public thinks real estate prices are going to decline  dkf   Aug-10-11 09:56 PM   #53 
  - housing data is inherently regional  GillesDeleuze   Aug-11-11 12:02 PM   #289 
  - Probably because after the protests and the Wisconsin 14  cui bono   Aug-11-11 04:41 PM   #385 
  - That would be home VALUES, not home prices.  RaleighNCDUer   Aug-11-11 02:23 PM   #345 
  - Yup. That about sums it up. Some stupid questions contain their own answers.  readmoreoften   Aug-11-11 02:17 AM   #168 
  - So true  Vanje   Aug-11-11 09:45 AM   #235 
  - Agreed  Pacifist Patriot   Aug-11-11 10:34 AM   #244 
  - Thanks for saying it so I don't have to. n/t  truth2power   Aug-11-11 11:08 AM   #260 
  - perfect answer  marions ghost   Aug-11-11 01:29 PM   #324 
  - Oh my frikkin' God. :( nt  Sarah Ibarruri   Aug-10-11 09:19 PM   #11 
  - Why would Obama think the rich would ever do ANYTHING  Ken Burch   Aug-10-11 09:19 PM   #12 
  - Why would Obama think the rich would ever do ANYTHING.................  lunasun   Aug-10-11 11:28 PM   #100 
  - That's the million dollar question we are all asking mr. compromise. nt  Javaman   Aug-11-11 09:01 AM   #219 
  - He believes in The American Dream (TM)...  Amonester   Aug-11-11 12:46 AM   #134 
  - Well....There s probably tax breaks involved.  Vanje   Aug-11-11 01:07 AM   # 
  - Frankly, they will more than likely buy up the houses...  Javaman   Aug-11-11 09:00 AM   #218 
     - Javaman is exactly correct! nt  Vanje   Aug-11-11 09:47 AM   #237 
     - that makes so much sense  Dokkie   Aug-11-11 01:22 PM   #320 
     - if you buy the house for peanuts & have lots of spare cash, not really a problem.  indurancevile   Aug-11-11 02:36 PM   #352 
     - Obviously, you haven't seen many of the houses...  Javaman   Aug-11-11 02:46 PM   #357 
        - Urban Renewal  formercia   Aug-11-11 04:15 PM   #377 
           - that would be an interesting outcome  Javaman   Aug-11-11 07:22 PM   #407 
              - You mistook sarcasm for rabble rousing,  formercia   Aug-11-11 08:39 PM   #416 
                 - Naaa, I knew you were sarcastic...  Javaman   Aug-11-11 09:55 PM   #424 
     - It would just be another aspect of the capital strike they've carried on  Ken Burch   Aug-11-11 05:24 PM   #395 
        - I agree. nt  Javaman   Aug-11-11 07:27 PM   #409 
  - I welcome our future massive rent strikes  leftstreet   Aug-10-11 09:21 PM   #14 
  - Welcome to the new Pinkerton Men kicking you out of your home.  Javaman   Aug-11-11 09:03 AM   #221 
     - Don't be so negative! Security jobs! It's a new WPA employment program  leftstreet   Aug-11-11 12:19 PM   #297 
        - how foolish of me...  Javaman   Aug-11-11 02:42 PM   #356 
  - Sometimes people prefer to rent for specific reasons, but do you really think  TBF   Aug-10-11 09:25 PM   #19 
  - That is what surveys are saying lately.  dkf   Aug-10-11 09:54 PM   #51 
  - Deleted message  Name removed   Aug-10-11 10:02 PM   #59 
  - There are lots of stories like this. The second one is a survey by Fannie Mae.  dkf   Aug-10-11 11:47 PM   #112 
     - Welcome to "the new reality"  Vanje   Aug-11-11 10:21 AM   #242 
     - Exactly  suffragette   Aug-11-11 04:57 PM   #388 
     - Code Enforcement  neohippie   Aug-11-11 06:10 PM   #403 
     - Wow. You really do live in an illusion bubble, don't you.  MedicalAdmin   Aug-11-11 12:32 PM   #307 
  - Ah! The advantages of renting!  Vanje   Aug-11-11 01:12 AM   #147 
  - If you got foreclosed on you likely have no equity.  dkf   Aug-11-11 02:37 AM   #172 
  - Why do you think 'more Americans plan to rent'?  sabrina 1   Aug-11-11 03:02 PM   #361 
  - I prefer to rent, at least for now. Not too into painting really, and we fix stuff ourselves.  krabigirl   Aug-11-11 11:33 AM   #276 
  - Jeeessssuuuussss  Raine   Aug-10-11 09:27 PM   #21 
  - Jeeessssuuuussss  Vanje   Aug-11-11 01:24 AM   #156 
     - Jeeessssuuuussss  Javaman   Aug-11-11 09:05 AM   #222 
        - Jeeessssuuuussss  valerief   Aug-11-11 11:19 AM   #267 
           - Jeeessssuuuussss  demmiblue   Aug-11-11 11:31 AM   #273 
              - Buddha laughs.  Javaman   Aug-11-11 11:32 AM   #274 
  - Citation?  Bluebear   Aug-10-11 11:25 PM   #95 
  - Allure of Home Ownership Dims, Fannie Mae Survey Shows  dkf   Aug-10-11 11:56 PM   #116 
     - Thank you but the article says only 33 percent are likely to rent  Bluebear   Aug-11-11 01:17 AM   #149 
     - It doesn't mean they would not RATHER OWN, if circumstances were BETTER.  WinkyDink   Aug-11-11 08:45 AM   #205 
  - excessive rent seeking behavior by the parasite financial class..  girl gone mad   Aug-10-11 11:27 PM   #99 
  - But Obama wants to bring more supply on line. That should lower rents.  dkf   Aug-11-11 12:00 AM   #119 
     - We already have a housing glut, even with large amounts of shadow inventory offline.  girl gone mad   Aug-11-11 04:10 AM   #189 
     - FACT:  Zenlitened   Aug-11-11 12:48 PM   #312 
     - Where do you live? If you think rents will decrease, it must be La-La Land.  WinkyDink   Aug-11-11 08:46 AM   #206 
     - You missed the fine print  eilen   Aug-11-11 09:03 AM   #220 
     - This has nothing to do with lowering rents....  MedicalAdmin   Aug-11-11 12:40 PM   #310 
  - I think you're missing the whole point.  DeSwiss   Aug-11-11 12:09 AM   #125 
  - If they buy now then they can take the hit.  dkf   Aug-11-11 12:29 AM   #129 
  - Yeah, but they'd still be buying them with ''our'' money. :-/  DeSwiss   Aug-11-11 12:48 AM   #135 
  - +1000  Starry Messenger   Aug-11-11 02:04 AM   #164 
  - THats right.  Vanje   Aug-11-11 09:50 AM   #239 
  - They can't "buy" now  Missy Vixen   Aug-11-11 09:19 AM   #226 
     - Excellent point.  DeSwiss   Aug-11-11 02:47 PM   #358 
  - +1. excellent post.  indurancevile   Aug-11-11 02:12 AM   #166 
  - I second that. This brilliant post is much appreciated. n/t  OneGrassRoot   Aug-11-11 08:38 AM   #201 
  - TY  DeSwiss   Aug-11-11 03:19 PM   #364 
  - TY  DeSwiss   Aug-11-11 03:19 PM   #363 
  - How come this Barbara Bush quote comes to mind: They "were underprivileged anyway,  myrna minx   Aug-11-11 05:48 AM   #192 
  - TY  DeSwiss   Aug-11-11 03:26 PM   #366 
  - Thank you. nt  woo me with science   Aug-11-11 11:03 AM   #256 
     - De Nada.  DeSwiss   Aug-11-11 03:22 PM   #365 
  - Are you kidding?  Vanje   Aug-11-11 01:05 AM   #143 
  - Well where I am I've been seeing price drops of $40,000  dkf   Aug-11-11 01:15 AM   #148 
     - Great  Vanje   Aug-11-11 01:18 AM   #151 
     - I'm planning to live there.. But I'm not buying when prices are falling.  dkf   Aug-11-11 01:48 AM   #160 
        - callous  Vanje   Aug-11-11 01:58 AM   #162 
        - Obama is trying to create more rental availabilities.  dkf   Aug-11-11 02:01 AM   #163 
           - what a crock. the government (i.e. *we the people*) already OWN the homes.  indurancevile   Aug-11-11 02:15 AM   #167 
        - Which is precisely why no one is buying these houses now  PVnRT   Aug-11-11 09:43 AM   #233 
           - Actually that isn't totally true.  MedicalAdmin   Aug-11-11 01:36 PM   #329 
              - If they're not buying single properties, why would they buy 200?  PVnRT   Aug-11-11 01:54 PM   # 
                 - My understanding of this is that some investors are sitting on them.  MedicalAdmin   Aug-11-11 04:18 PM   #378 
     - Why don't you just rent from the rich?  WinkyDink   Aug-11-11 08:48 AM   #208 
     - Oh - so you are a predator too?  MedicalAdmin   Aug-11-11 01:34 PM   #326 
        - +++++++++++++++++++++++!!!! nt  Vanje   Aug-11-11 01:35 PM   #327 
  - People can buy these houses now and rent them out  PVnRT   Aug-11-11 06:57 AM   #195 
  - I'm not even close to losing my house right now...  MedicalAdmin   Aug-11-11 12:13 PM   #293 
  - Fire sale indeed -- and  Remember Me   Aug-11-11 05:41 PM   #398 
  - Even astronomical units of measure  hifiguy   Aug-11-11 02:08 PM   #339 
  - They are selling because they are out of jobs, and broke. Renting is not an option  Badsam   Aug-11-11 03:36 PM   #368 
  - Yes they can!  Karmadillo   Aug-10-11 09:15 PM   #4 
  - That's a keeper!  tblue   Aug-11-11 02:29 PM   #351 
  - Hedge funds can rent them from each other, and each records profits for this quarter while  Electric Monk   Aug-10-11 09:15 PM   #5 
  - Wow, did he learn that when he was a community organizer?  undeterred   Aug-10-11 09:16 PM   #6 
  - I'm thinking he must have spent most of his time organizing Beverly Hills.  Ken Burch   Aug-10-11 09:20 PM   #13 
  - Obama 90210  undeterred   Aug-10-11 09:43 PM   #40 
  - lolz  SammyWinstonJack   Aug-11-11 01:17 PM   #318 
  - Two types of community organizers - one for commercial development, one for social services.  haele   Aug-11-11 03:38 PM   #369 
  - without rent control...of course...  Ken Burch   Aug-10-11 09:17 PM   #8 
  - pfft! of course! you *almost* made me snort my 1986 Chateau Lafite Rothschild Bordeaux!  nilram   Aug-10-11 10:24 PM   #75 
     - Allow me! Harold! Tout de suite! Un serviette, s'il vous plait!  Divernan   Aug-10-11 10:35 PM   #80 
  - I'm so frikkin' confused. I swear to God, I am. nt  Sarah Ibarruri   Aug-10-11 09:17 PM   #9 
  - I'm not rich but I have a couple of bucks.  Firebrand Gary   Aug-10-11 09:18 PM   #10 
  - So the rich will get richer as they get more property  Raine   Aug-10-11 09:22 PM   #15 
  - Is this his solution to illegal foreclosures?  EFerrari   Aug-10-11 09:22 PM   #16 
  - It's his solution to everything - privitize.  TBF   Aug-10-11 09:30 PM   #23 
  - That's getting more clear all the time. n/t  EFerrari   Aug-10-11 09:31 PM   #25 
  - When he said that I knew he wasn't the messiah.  MedicalAdmin   Aug-11-11 01:38 PM   #331 
     - Wanting jobs and an economy that favors more than the top 1% is  TBF   Aug-11-11 06:39 PM   #405 
        - I don't vote...  MedicalAdmin   Aug-12-11 11:17 AM   #436 
           - Of course -  TBF   Aug-12-11 11:50 AM   #439 
  - A great quote by someone on facebook:  Bryn   Aug-10-11 09:36 PM   #31 
     - The only thing us 98% get is the fucking bill! nt  Raine   Aug-10-11 09:43 PM   #41 
  - I've got to ask...  Cerridwen   Aug-10-11 09:23 PM   #17 
  - But that would have been SOCIALISM!!!  EOTE   Aug-10-11 09:27 PM   #20 
  - Yeah, I know.  Cerridwen   Aug-10-11 09:40 PM   #35 
  - I'm not sure what you're getting at  Oasis_   Aug-10-11 09:32 PM   #26 
  - You're right. Better to give all the houses to rich people n/t  leftstreet   Aug-10-11 09:34 PM   #28 
  - If they turn around and rent them  Oasis_   Aug-10-11 09:40 PM   #36 
     - 'to those in need of rentals,' like the foreclosed people? Ready market!  leftstreet   Aug-10-11 09:42 PM   #39 
     - So sayith the landlord. nt  RaleighNCDUer   Aug-10-11 09:57 PM   #54 
     - further disenfranchises ordinary Americans; unbelievable  amborin   Aug-10-11 11:44 PM   #109 
     - Because you're turning to the very people who are responsible for vausing this mess  rpannier   Aug-11-11 06:06 PM   #401 
  - Tell me, Oasis, what do you think happened when  Cerridwen   Aug-10-11 09:48 PM   #48 
  - That's the $ 64,000 question  Oasis_   Aug-10-11 09:59 PM   #57 
     - I would remind you that "private sector investment in housing" is  Cerridwen   Aug-10-11 10:14 PM   #70 
     - Ok, but that's apples to bowling balls  Oasis_   Aug-10-11 10:18 PM   #71 
        - Except, we weren't talking about a reoccurence. We were talking about  Cerridwen   Aug-10-11 10:27 PM   #76 
           - I won't argue the possibility doesn't exist  Oasis_   Aug-10-11 10:40 PM   #81 
              - I don't have problems with renters occupying the vacant homes.  Cerridwen   Aug-10-11 10:47 PM   #82 
              - The only alternative  Oasis_   Aug-10-11 10:58 PM   #85 
                 - Because, the government can operate with a 3% overhead versus private  Cerridwen   Aug-10-11 11:10 PM   #87 
                 - There's no definitive timetable  Oasis_   Aug-10-11 11:27 PM   #98 
                 - That is correct. That is what physical buildings and structures are...  Cerridwen   Aug-10-11 11:35 PM   #103 
                    - You've argued the point for me  Oasis_   Aug-10-11 11:50 PM   #113 
                       - Perhaps it is re-built and begins a new cycle?  Cerridwen   Aug-11-11 12:05 AM   #121 
                 - Personally, I don't want the government as my landlord.  Saxon   Aug-11-11 11:55 AM   #287 
                 - The process is already set up for this in every area of the country.  jwirr   Aug-10-11 11:26 PM   #97 
                 - the federal government can easily put local housing authorities (which already exist in  indurancevile   Aug-11-11 03:11 AM   #181 
                    - Sec. 8 houses\apartments are privately owned  loyalsister   Aug-11-11 10:44 AM   #246 
                       - i understand that section 8 housing is private. but the administration of the section 8  indurancevile   Aug-11-11 02:21 PM   #344 
              - But the benefit that's not being examined - what if we put the renters in  BR_Parkway   Aug-11-11 04:09 AM   #188 
     - commodity prices falling don't help ordinary people unless the price of goods made from  indurancevile   Aug-11-11 03:01 AM   #179 
  - Moral hazard is for little people, eh? - n/t  Zenlitened   Aug-10-11 10:02 PM   #60 
  - I wouldn't really care why.  ohheckyeah   Aug-10-11 11:15 PM   #92 
  - You seem to misunderstand that the point of the bailouts was to keep the money flowing.  LooseWilly   Aug-11-11 12:37 AM   #130 
  - Ok  Oasis_   Aug-11-11 01:11 AM   #146 
     - Why just sub-prime? Because there's no need with the more standard loans.  LooseWilly   Aug-11-11 12:34 PM   #308 
     - He raises a good point, though.  girl gone mad   Aug-11-11 11:56 PM   #430 
  - Honestly, they could easily set up an agency to assess that.  MessiahRp   Aug-11-11 02:23 PM   #346 
  - maybe stopping the crash was never the intent. maybe the crash *was* the intent  indurancevile   Aug-11-11 02:45 AM   #174 
     - The crash was the plan. It's called a fire sale. n/t  MedicalAdmin   Aug-11-11 02:05 PM   #337 
  - Sad when what should be an Onion headline is damn close to the truth.  yourout   Aug-10-11 09:24 PM   #18 
  - What is more sick is that ~70% of DU most likely thinks this is a good...  JanMichael   Aug-10-11 09:30 PM   #24 
     - It's more like a vocal 12%. n/t  EFerrari   Aug-10-11 09:35 PM   #30 
     - Well, it shouldn't  Oasis_   Aug-10-11 09:38 PM   #33 
     - Probably because condos are one of the highest foreclosed properties and frankly...  JanMichael   Aug-10-11 09:45 PM   #43 
     - Congrats on your purchase  Oasis_   Aug-10-11 10:05 PM   #62 
        - Ah - a speculator.  MedicalAdmin   Aug-11-11 02:07 PM   #338 
     - Better to renegotiate mortgages  Mojorabbit   Aug-10-11 09:54 PM   #52 
     - Also a very good and workable solution  Oasis_   Aug-10-11 10:09 PM   #64 
     - That should be the first step but I thought they were already doing that. nt  jwirr   Aug-10-11 11:30 PM   #101 
        - I think the numbers helped were very few  Mojorabbit   Aug-11-11 12:06 AM   #122 
     - no, it's win-win only for the hedge funds/big capital. local property owners will lose.  indurancevile   Aug-11-11 02:49 AM   #175 
        - Yes! Good ole disaster capitalism once again.  dixiegrrrrl   Aug-11-11 01:55 PM   #336 
     - it is not good..it is pitiful..only morons cant see thru this bullcrap  xiamiam   Aug-11-11 01:27 AM   #157 
  - How about starting with  Control-Z   Aug-10-11 09:28 PM   #22 
  - Really?  Oasis_   Aug-10-11 09:43 PM   #42 
     - I guess you missed all those "illegal documents" articles.  WinkyDink   Aug-11-11 08:51 AM   #210 
        - MIssed? It's likely that those who benefit like this.  MedicalAdmin   Aug-11-11 02:09 PM   #340 
  - The rent is already too damn high n/t  DotGone   Aug-10-11 09:34 PM   #27 
  - Adding additional alternatives  Oasis_   Aug-10-11 10:14 PM   #69 
     - Lemme guess. Recently graduated business school?  Hassin Bin Sober   Aug-10-11 10:28 PM   #77 
     - oh ouch, I think you hit the soft spot!  Javaman   Aug-11-11 09:36 AM   #231 
     - He sounds a lot like the only real live tea bagger I know personally.  Hassin Bin Sober   Aug-11-11 04:11 PM   #375 
        - they want to pay for nothing yet want programs to magically  Javaman   Aug-11-11 07:26 PM   #408 
     - LOL! I noticed that too  laundry_queen   Aug-12-11 02:48 AM   #432 
        - Yep. It's an "ideology" - a faith - almost religion like.  Hassin Bin Sober   Aug-12-11 12:57 PM   #441 
     - WHERE the h*** have you seen rents come down? WHERE?  WinkyDink   Aug-11-11 08:52 AM   #211 
  - I would say yes but tweak it a bit  Drale   Aug-10-11 09:34 PM   #29 
  - why should rich people get government subsidies to buy foreclosed property?  indurancevile   Aug-11-11 02:55 AM   #177 
  - I think it's a great idea.  Hassin Bin Sober   Aug-10-11 09:38 PM   #32 
  - Obamavilles  leftstreet   Aug-10-11 09:40 PM   #37 
     - Obama nation.  dixiegrrrrl   Aug-10-11 10:03 PM   #61 
  - well...the federal government could just sit on those  Roselma   Aug-10-11 09:39 PM   #34 
  - Wow  Broderick   Aug-10-11 09:49 PM   #50 
  - What do you propose. Right now they're sitting there,  Roselma   Aug-10-11 10:02 PM   #58 
     - Have you tried to buy one of those homes?  Broderick   Aug-10-11 10:09 PM   #65 
        - I see your point. But...what idea do you have to move  Roselma   Aug-10-11 10:23 PM   #73 
           - The government foreclosures are the worst  Broderick   Aug-10-11 10:29 PM   #78 
              - +1.  indurancevile   Aug-11-11 03:12 AM   #182 
              - Actions are NEVER going to happen.  MedicalAdmin   Aug-11-11 02:14 PM   #341 
  - Maybe they ought to lower the asking prices for those homes  PVnRT   Aug-11-11 06:56 AM   #194 
  - When is he going to realize that the rich aren't the solution  deutsey   Aug-10-11 09:41 PM   #38 
  - and the one solution that they could provide Obama refuses  Raine   Aug-10-11 09:47 PM   #45 
  - People with available capital are the solution  Oasis_   Aug-10-11 09:48 PM   #49 
  - Haytahs gotta hayte, yo  deutsey   Aug-11-11 08:32 AM   #200 
  - irrational "class" hatred.  rpannier   Aug-11-11 06:10 PM   #402 
  - When they stop paying him? n/t  dgibby   Aug-10-11 10:10 PM   #66 
  - Because they are.....for him.  WinkyDink   Aug-11-11 08:49 AM   #209 
  - The problem is that they aren't spending any money. We need to tax the shit out of them.  craigmatic   Aug-10-11 09:47 PM   #46 
  - Oh, this makes me so sick  Broderick   Aug-10-11 09:47 PM   #47 
  - The general concept could be either noble or evil  arcane1   Aug-10-11 09:57 PM   #55 
  - This is EXACTLY how the wealth and assets of the middle class move up to the WEALTHY.  Lex   Aug-10-11 09:59 PM   #56 
  - +1. and in this case "the wealthy" = global hedge funds, not your local fat cat.  indurancevile   Aug-11-11 03:05 AM   #180 
  - +1  woo me with science   Aug-11-11 11:04 AM   #257 
  - Deleted message  Name removed   Aug-11-11 01:32 PM   #325 
  - Marie Antoinette suggested cake, Obama suggests paying rent.  The_Casual_Observer   Aug-10-11 10:07 PM   #63 
  - And peas and catfood. n/t  dgibby   Aug-10-11 10:12 PM   #67 
  - This would explain why we were  sense   Aug-10-11 10:13 PM   #68 
  - We had that experience  chill_wind   Aug-10-11 11:11 PM   #88 
  - That's so sad to hear.  Blue_In_AK   Aug-11-11 12:45 AM   #132 
  - That's the problem, thanks for sharing your story  PVnRT   Aug-11-11 09:45 AM   #236 
  - Oh brilliant...  ddeclue   Aug-10-11 10:19 PM   #72 
  - They already are...  liberalmuse   Aug-10-11 10:23 PM   #74 
  - Fot those who maybe haven't yet decided  Oasis_   Aug-10-11 10:34 PM   #79 
  - Rental houses in residential neighborhoods  ohheckyeah   Aug-10-11 11:15 PM   #93 
  - There's a rental property on our block...  MedicalAdmin   Aug-11-11 02:19 PM   #342 
  - "the usual Marxist clap trap" says the fellow with the usual MBA talking points.  indurancevile   Aug-11-11 03:22 AM   #183 
  - How About We Just STOP PROPPING UP BAD INVESTMENTS  NashVegas   Aug-11-11 08:47 AM   #207 
  - I'm against, and not for "Marxist clap-trap"  PVnRT   Aug-11-11 09:53 AM   #240 
  - "there's literally millions of homes that potentially benefit from an investor claiming ownership"  Lex   Aug-11-11 12:14 PM   #294 
  - I'm guessing that you are temporarily embarrassed. n/t  MedicalAdmin   Aug-11-11 02:20 PM   #343 
  - PLEASE TELL ME THIS ISN'T TRUE!  JDPriestly   Aug-10-11 10:49 PM   #83 
  - Yes it is!!  Oasis_   Aug-10-11 11:14 PM   #91 
  - You're ignoring what  sense   Aug-10-11 11:53 PM   #114 
  - man, if I could rec a post, I would rec this one  pezDispenser   Aug-11-11 02:28 PM   #350 
  - I don't want to see the houses go unoccupied.  JDPriestly   Aug-11-11 01:18 AM   #150 
  - I'll speak slowly  Missy Vixen   Aug-11-11 09:33 AM   #228 
  - *laugh*  laundry_queen   Aug-12-11 03:02 AM   #433 
  - A Third Way "Democrat." nt  woo me with science   Aug-11-11 11:04 AM   #258 
  - He is the anti-FDR.  Waiting For Everyman   Aug-10-11 10:57 PM   #84 
  - These people are fucking pathetic. K&R - n/t  DeSwiss   Aug-10-11 11:05 PM   #86 
  - I know just how bad rentals can be without controls. Yet I have  jwirr   Aug-10-11 11:11 PM   #89 
  - Washington State has some of the more stringent renter protection laws in the country  Missy Vixen   Aug-11-11 09:38 AM   #232 
     - No, I grew up with business people who really cared about the condition  jwirr   Aug-11-11 11:19 AM   #266 
        - And luckily for us we now have the Austrian school ...  MedicalAdmin   Aug-11-11 02:24 PM   #348 
           - Not sure I understand what you are saying - what is the Austrian school? nt  jwirr   Aug-11-11 11:29 PM   #429 
              - Here's a link. Read and then shower.  MedicalAdmin   Aug-12-11 11:25 AM   #437 
                 - Economics by the seat of your pants!!!! Probably Ron Paul's ideal. nt  jwirr   Aug-12-11 12:22 PM   #440 
  - Turning all of these houses into rental units  ohheckyeah   Aug-10-11 11:11 PM   #90 
  - How isn't a renter and owner  Oasis_   Aug-10-11 11:19 PM   #94 
     - The rich get richer. Once all the foreclosed home are bought up and rented ...  spin   Aug-10-11 11:34 PM   #102 
     - Selling them at a fortune  Oasis_   Aug-10-11 11:44 PM   #110 
     - It might give the economy a jolt but once all the homes are sold to the rich ...  spin   Aug-11-11 12:02 AM   #120 
     - How does the glut disappear?  Oasis_   Aug-11-11 12:15 AM   #126 
        - There does appear to be plenty of renters ...  spin   Aug-11-11 10:44 AM   #245 
        - That's not necessarily indicative of a trend of people "preferring" to rent  PVnRT   Aug-11-11 11:21 AM   #270 
           - I know people who had an upside down mortgage ...  spin   Aug-11-11 11:37 AM   #281 
        - Sounds like a wealth disparity enhancement program to me.  TheKentuckian   Aug-11-11 12:08 PM   #291 
           - Our government at work...  spin   Aug-11-11 05:03 PM   #390 
     - What's "amazing" is that you're posting on DU.  WinkyDink   Aug-11-11 08:55 AM   #214 
     - Oh crap - you're from the Austrian school of econ, ain'tcha? n/t  MedicalAdmin   Aug-11-11 02:25 PM   #349 
     - We wll sell the govrnmt owned homes for a penny I'm sure too along with tax breaks!!!  lunasun   Aug-10-11 11:46 PM   #111 
     - Because unfortunately  ohheckyeah   Aug-10-11 11:43 PM   #108 
     - Well in the current situation  Oasis_   Aug-10-11 11:59 PM   #117 
        - Where did you get that information?  ohheckyeah   Aug-11-11 12:07 AM   #123 
           - So the government  Oasis_   Aug-11-11 12:23 AM   #128 
              - Don't put words in my mouth.  ohheckyeah   Aug-11-11 12:42 AM   #131 
                 - Very well  Oasis_   Aug-11-11 12:55 AM   #137 
                    - Tax incentives for qualified buyers who may not have  ohheckyeah   Aug-11-11 01:00 AM   #140 
                       - Ok  Oasis_   Aug-11-11 01:23 AM   #155 
                          - VA loans for housing are often 100% loans.  ohheckyeah   Aug-11-11 09:57 AM   #241 
                          - Isn't that assuming guilt before assuming innocence?  MedicalAdmin   Aug-11-11 02:36 PM   #353 
     - Transients do not improve neighborhood property values.  WinkyDink   Aug-11-11 08:54 AM   #213 
        - By no means all renters are transients.  KamaAina   Aug-11-11 01:44 PM   #334 
  - Serf's up!  Bluebear   Aug-10-11 11:25 PM   #96 
  - Best post here  Broderick   Aug-10-11 11:43 PM   #107 
  - +1  Roland99   Aug-11-11 11:02 AM   #255 
  - Beat me to it. I think I might have bumper stickers made of this one.  jtuck004   Aug-11-11 12:29 PM   #304 
  - No disrespect, but Dear Obama  flvegan   Aug-10-11 11:40 PM   #104 
  - We are the Pottersville Nation.  TheKentuckian   Aug-10-11 11:41 PM   #105 
  - property that WE THE TAXPAYER BOUGHT is being offered to "private-equity funds, banks and local gove  lunasun   Aug-10-11 11:42 PM   #106 
  - Do "we the taxpayers"  Oasis_   Aug-11-11 12:59 AM   #138 
  - Holy crap.  Starry Messenger   Aug-10-11 11:56 PM   #115 
  - Who said that? Ronald Reagan is that you?  Rex   Aug-10-11 11:59 PM   #118 
  - could be a job creater....these houses will need to be rehabed  Gin   Aug-11-11 12:46 AM   #133 
  - WH to America:  blkmusclmachine   Aug-11-11 12:55 AM   #136 
  - Holy tone dead BATMAN.  Odin2005   Aug-11-11 12:59 AM   #139 
  - Alright. That is it  Vanje   Aug-11-11 01:01 AM   #141 
  - Sweet! Will the rich get tax breaks for this service to humanity?  Vanje   Aug-11-11 01:04 AM   #142 
  - No. Really. The question is "How many Riches would even be interested...  Amonester   Aug-11-11 01:07 AM   #145 
  - i think plenty would. people have to live somewhere, & big owners can make a profit on volume.  indurancevile   Aug-11-11 03:29 AM   #184 
  - just went from extreme disgust to whatever this boiling anger can be called..  xiamiam   Aug-11-11 01:19 AM   #152 
  - How about saving the homes from being foreclosed by giving interest free loans? nt  Bonobo   Aug-11-11 01:20 AM   #153 
  - That's a new one  Oasis_   Aug-11-11 01:27 AM   #158 
     - The incentive is clear and twofold.  Bonobo   Aug-11-11 01:39 AM   #159 
     - That's a good argument  Oasis_   Aug-11-11 01:54 AM   #161 
     - this administration doesn't WANT to keep families in their homes, & neither did the last one.  indurancevile   Aug-11-11 03:30 AM   #185 
     - Rented homes in otherwise owned-homes neighborhoods do the same lowering.  WinkyDink   Aug-11-11 08:44 AM   #204 
     - Those who forget the past...  TiberiusB   Aug-11-11 01:42 PM   #333 
        - Holy shit, I think you're absolutely right! Please read this, folks.  Kaleko   Aug-11-11 10:33 PM   #427 
  - more privatization of the commons by the masters of the universe.  indurancevile   Aug-11-11 02:11 AM   #165 
  - should the assets be given away  Oasis_   Aug-11-11 02:24 AM   #169 
     - tell it to the marines, buddy. your post is spin & i'm sick of spin.  indurancevile   Aug-11-11 02:37 AM   #171 
     - Please show me the portion of my post  Oasis_   Aug-11-11 03:00 AM   #178 
        - go talk to someone who's interested. i've read your posts & i'm not.  indurancevile   Aug-11-11 03:31 AM   #186 
     - Assets should always be given to those who already have assets..  Fumesucker   Aug-11-11 09:13 AM   #225 
     - Special consideration should be given to people who inherited wealth. It's in their genes ..  Hassin Bin Sober   Aug-12-11 10:32 AM   #435 
        - Eggs Ackley  Fumesucker   Aug-12-11 01:54 PM   #443 
     - China is buying up our real estate. Is that cool with you, too?  tblue   Aug-11-11 02:38 PM   #354 
     - Do I despise the investor class? Yes, I do.  MedicalAdmin   Aug-11-11 02:41 PM   #355 
  - ok, think of the implications:  indurancevile   Aug-11-11 02:35 AM   #170 
  - What?  Oasis_   Aug-11-11 02:54 AM   #176 
     - capital flows "out" when the owners live elsewhere. didn't they teach you that in business school?  indurancevile   Aug-11-11 03:38 AM   #187 
  - And hey, it creates jobs rebuilding them at the same time!  JoeyT   Aug-11-11 04:45 AM   #190 
  - Should have gone and had the mortgagaes reworked.  mmonk   Aug-11-11 05:40 AM   #191 
  - This makes no sense  PVnRT   Aug-11-11 06:54 AM   #193 
  - He honestly said that? How about an endorsement for sharecropping if they throw in a mule?  gordianot   Aug-11-11 07:39 AM   #196 
  - He might be a member of the Democratic party, but he is no liberal  Marrah_G   Aug-11-11 08:11 AM   #197 
  - That is exactly what happened during the recessions of the 30's.  ladjf   Aug-11-11 08:28 AM   #198 
  - Making the rich richer  Vanje   Aug-11-11 10:45 AM   #247 
  - It is until somehow the majority is able to wrest control of Government  ladjf   Aug-11-11 11:00 AM   #254 
  - That's exactly what I was thinking.  Marr   Aug-11-11 11:33 AM   #277 
  - Great .. let's make it a lil bit easier for the haves to  disillusioned73   Aug-11-11 08:28 AM   #199 
  - Rentals. OMG. Obama wants the wealthy now to own our homes. P.S. Slides #5 & #6:  WinkyDink   Aug-11-11 08:41 AM   #202 
  - have the govt take 'em by eminent domain and raffle 'em off  tk2kewl   Aug-11-11 08:56 AM   #215 
  - Gosh that sounds so...so...turn of the century! How quaint!  AllyCat   Aug-11-11 08:58 AM   #217 
  - Yeah...good idea...like when the mining companies  Riley18   Aug-11-11 09:11 AM   #223 
  - WTF! Thanks to Bush's stupid tax cuts, that's how the housing bubble started, and  L. Coyote   Aug-11-11 09:13 AM   #224 
  - There's always a new way to help a rich friend out.  Octafish   Aug-11-11 09:19 AM   #227 
  - I like this post  Vanje   Aug-11-11 10:47 AM   #248 
  - What do these people do?  jimmyflint   Aug-11-11 09:33 AM   #229 
  - Yes  Vanje   Aug-11-11 10:48 AM   #249 
  - Much like the White House  Stevenmarc   Aug-11-11 09:35 AM   #230 
  - Yay! Trickle down housing. Trickle down jobs. The 3rd Way highway to the 3rd World.  Tierra_y_Libertad   Aug-11-11 09:47 AM   #238 
  - lol... the Third World Way... n/t  eShirl   Aug-11-11 11:18 AM   #265 
     - +1000! nt  Vanje   Aug-11-11 11:41 AM   #283 
  - What happened to HAMP?  midnight   Aug-11-11 10:49 AM   #250 
  - We will all be living in cardboard shacks  workinclasszero   Aug-11-11 10:56 AM   #252 
  - K&R  KansDem   Aug-11-11 10:57 AM   #253 
  - I thought he was supposed to be intelligent.  proReality   Aug-11-11 11:08 AM   #259 
  - Hey! Hey! Everyone stop reading the OP and calm down.  woo me with science   Aug-11-11 11:11 AM   #261 
  - Must. Protect. Predators.  Turbineguy   Aug-11-11 11:52 AM   #285 
  - Deleted message  Name removed   Aug-11-11 11:13 AM   #262 
  - Me, too. nt  valerief   Aug-11-11 11:25 AM   #271 
  - +1  woo me with science   Aug-11-11 11:34 AM   #278 
  - Obama has turned out to be the repug's dream.  Faith No More   Aug-11-11 11:14 AM   #263 
  - Only if you give them a 100% property tax credit for twenty years. It's the least you can do.  valerief   Aug-11-11 11:17 AM   #264 
  - yes.. rent people's homes back to them after they've been foreclosed and evicted  eShirl   Aug-11-11 11:20 AM   #269 
  - + 1 !  Vanje   Aug-11-11 11:43 AM   #284 
  - ... and we're ( slowly?) on our way back to 'only property owners can vote' ...  Myrina   Aug-11-11 11:30 AM   #272 
  - This has been proposed, several times recently, by Rethugs.  dixiegrrrrl   Aug-11-11 05:03 PM   #391 
  - He can kiss my ass  Demeter   Aug-11-11 11:32 AM   #275 
  - Hey.....I may have a better idea.  democrank   Aug-11-11 11:37 AM   #280 
  - I don't have a problem with this. People aren't buying, there's a market glut.  TwilightGardener   Aug-11-11 11:38 AM   #282 
  - That's how we got here. No one gives a shit. n/t  DeSwiss   Aug-11-11 05:19 PM   #394 
  - That is a completely Un-American plan. Obama is turning out to be very corrupt. (nt)  w4rma   Aug-11-11 11:53 AM   #286 
  - FHA REOs should be given to local housing authorities as rentals.  Gormy Cuss   Aug-11-11 11:56 AM   #288 
  - That won't further strengthen the caste system. Surely not...  Fearless   Aug-11-11 12:08 PM   #290 
  - This is nothing more than trickle down economics.  Dawgs   Aug-11-11 12:18 PM   #296 
  - I'm reading some crazy shit right here on DU.  Vanje   Aug-11-11 12:24 PM   #299 
  - This. Man. Is. Clueless. n/t  davidwparker   Aug-11-11 12:23 PM   #298 
  - I will not stand for this any more.  Vanje   Aug-11-11 12:25 PM   #301 
  - "Save housing market" for who?  Dawgs   Aug-11-11 12:25 PM   #300 
  - How about the wealthy just realize their losses instead of us bailing them out?  on point   Aug-11-11 12:26 PM   #302 
  - Why do you hate America?  Vanje   Aug-11-11 12:28 PM   #303 
  - I can rent 7800 square feet with marble countertops and stainless appliances for $400 a month?  BiggJawn   Aug-11-11 12:29 PM   #305 
  - You hit right on the head. The rental market will be damaged by this.  Dawgs   Aug-11-11 01:24 PM   #321 
  - Will there be ROBO-SIGNING RENTAL FRAUD allowed?  WinkyDink   Aug-11-11 12:30 PM   #306 
  - Yeah, the only "landlady" will be "Linda Green"...  dixiegrrrrl   Aug-11-11 08:29 PM   #415 
  - Modern-day feudalism!  Maven   Aug-11-11 12:38 PM   #309 
  - Let them eat cake....  on point   Aug-11-11 12:42 PM   #311 
  - They already tried that with Section 8 ...  mntleo2   Aug-11-11 01:02 PM   #314 
  - The Simpson-Bowles recommendations call for getting rid of the  abelenkpe   Aug-11-11 01:05 PM   #315 
  - Wasn't this part of THE plan all along?  greiner3   Aug-11-11 01:19 PM   #319 
  - How about a new Homestead Act?  LuvNewcastle   Aug-11-11 01:26 PM   #322 
  - He is clueless.  pam4water   Aug-11-11 01:35 PM   #328 
  - Where Friedman and Rand are the gods,  hifiguy   Aug-11-11 01:37 PM   #330 
  - Why not drop the rate and try keeping the actual homeowners in the property  glowing   Aug-11-11 01:54 PM   #335 
  - I don't think he understands the concept of rental property.  haele   Aug-11-11 02:23 PM   #347 
  - +1000  susanwy   Aug-11-11 03:52 PM   #373 
  - This is already being done.  louis-t   Aug-11-11 02:47 PM   #359 
  - Amazing that every idea to "help the poor" also involves making the rich richer.  caseymoz   Aug-11-11 03:00 PM   #360 
  - Actually, every idea to help the poor DID enrich the many layers the money went thru.  dixiegrrrrl   Aug-11-11 04:26 PM   #380 
  - Trickling to bureaucracies is different than enriching people.  caseymoz   Aug-11-11 10:56 PM   #428 
  - Since when is keeping housing prices up a move to help the poor?  JVS   Aug-12-11 02:11 PM   #445 
     - You miss my irony.  caseymoz   Aug-12-11 02:36 PM   #446 
  - And we'll call them the 'Landed Gentry'  NCcoast   Aug-11-11 03:14 PM   #362 
  - this guy is as clueless as the last guy was dumb.......  madrchsod   Aug-11-11 03:28 PM   #367 
  - How many weeks in Iraq and Afghanistan is $140 Billion?  TransitJohn   Aug-11-11 03:49 PM   #370 
  - Exactly. GET US OUT.  Zax2me   Aug-11-11 04:14 PM   #376 
  - That's what I thought they were already doing, and look where we are.  Fire Walk With Me   Aug-11-11 03:52 PM   #372 
  - Sure. And we're still awaiting new jobs from those corporations hoarding trillions  tawadi   Aug-11-11 04:19 PM   #379 
  - President Clueless  NICO9000   Aug-11-11 04:34 PM   #381 
  - Are people recommending this because they think it's a good idea?  taught_me_patience   Aug-11-11 04:36 PM   #382 
  - I don't think so.  Hissyspit   Aug-11-11 05:58 PM   #399 
  - Deleted message  Name removed   Aug-11-11 04:37 PM   #383 
  - Dean Baker (leftist economist) suggested a version of this  frazzled   Aug-11-11 04:56 PM   #386 
  - dean baker didn't suggest having private equity firms buy up foreclosures on the cheap.  indurancevile   Aug-11-11 04:58 PM   #389 
     - Indeed he didn't (the banks would be the landlords in his case), but ...  frazzled   Aug-11-11 05:32 PM   #397 
        - i don't care what ezra klein says.  indurancevile   Aug-11-11 09:47 PM   #423 
           - Intelligent response: he didn't write the article  frazzled   Aug-11-11 10:20 PM   #425 
  - I knew that the Repocons had some reason for wanting people  Marnie   Aug-11-11 04:56 PM   #387 
  - Renting should be against the law!!!!  DaveJ   Aug-11-11 05:59 PM   #400 
  - Does this guy ever think about what he's saying?  man4allcats   Aug-11-11 06:19 PM   #404 
  - This could work!  bluedigger   Aug-11-11 06:53 PM   #406 
  - Hell!  BigDemVoter   Aug-11-11 08:02 PM   #412 
  - How can we support this whore for a 2nd term?????  emsimon33   Aug-11-11 08:26 PM   #414 
  - The government OWNS the houses now!  dixiegrrrrl   Aug-12-11 01:47 PM   #442 
  - you CAN'T re-inflate a popped bubble.  pansypoo53219   Aug-11-11 08:40 PM   #417 
  - That is the most asinine thing the President could say.  wundermaus   Aug-11-11 09:08 PM   #419 
  - Don't forget FDC Chairman Sheila Bair's suggestion that homeowners who were  bertman   Aug-11-11 09:24 PM   #420 
  - Thank you for that reminder of Bair's idea.  dixiegrrrrl   Aug-11-11 10:31 PM   #426 
  - We can save water by putting ice cubes in it.  Sugar Smack   Aug-11-11 09:31 PM   #421 
  - kick. nt  Vanje   Aug-12-11 02:26 AM   #431 
  - kick.  Dawgs   Aug-12-11 08:18 AM   #434 
  - WHAT? What the....  Desertrose   Aug-12-11 11:28 AM   #438 
  - This country is so beyond fucked. Wait until the infrastructure crumbles even further, what a  sarcasmo   Aug-12-11 02:05 PM   #444 
 

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