Reply #125: I think you're missing the whole point.

[DeSwiss]

How many times do we have to buy these homes? How many times are the banksters and the Wall Street investment hedge funds going to be able to profit, at our expense, off-of-the-same-properties? Huh?

The original owners paid them once, and then we taxpayers paid them for the same homes again when we bailed them out because they made these bad loans to begin with.

And then, even after we saved their bacon, they wouldn't re-fi the loans they gave these people who were living in them at the time -- and who were hoping they wouldn't become homeless. But in the end the banks turned them down for new loans because of the bankster's original fraud was was now tanking the national economy which then took away many of those same original homeowner's jobs.

So now we're supposed to let them get to pick up the same property for peanuts? And then rent them back to us peons?

This plan insults the intelligence of every American. And if it is handled with the same finesse as their http://www.newsjunkyjournal.com/hamp-program-struggles-to-help-homeowners/2515207/">HAMP program, then they'll just screw this one up too.

Besides, who can rent if they have no job?

Here's an idea. Give the houses to non-profits and any funding needed to rehab them since they've been probably robbed of their wiring and plumbing anyway. They can hire some of the unemployed people to do the repairs thereby providing jobs, cities, states and the fed get taxes and everybody's happy.

Except the bankers. They won't like it at all. They hate seeing people smiling. It means they're not making money when people are smiling.

And now you see who Obama gets his ideas from.


- My opinion?, The people who're currently running this country are either our worst and most dedicated enemies, or they are absolute buffoons. In either case should be driven from office.