Thursday, October 7, 2010

Now the shit hits the fan

http://news.yahoo.com/s/nm/20101007/pl_nm/us_usa_housing_whitehouse

So Obama sent it back down, smart man.
He left the Congress looking like the Corporate ass kissing scum they are.
He ruled for the people.
If little Timmy drops TARP II, he plans on buying up all those homes that now can't be foreclosed on, on your dime.
This is a bank problem not a taxpayer problem.
Write Obama and tell him NO TARP II!
America can't afford it!
Inflation means higher groceries, electricity and gas.
We can't afford to take away any more of our own buying power from the dollar. If they put more debt on it, it just buys that much less.
Look how much your groceries have gone up in the last 2 months and there going to go up more to see if you can sustain buying it a higher price.
They all decided this at once, just to see if you'll pay more and keep paying more.
That's bullshit, it's a test drive before TARP II (bank bailout). To see if "WE" will put up with it.
Don't buy anything unless you have to.
It's called reversing the charges and letting the banks pay for it for once

Obama will not sign foreclosure bill: White House


WASHINGTON (Reuters) – President Barack Obama will not sign legislation that could have made it more difficult for homeowners to challenge unjustified foreclosure actions, the White House said on Thursday.

White House communications director Dan Pfeiffer said Obama was sending the bill back to the House of Representatives for further discussion of how it would affect the foreclosure crisis, which has become a political lightning rod amid media reports that banks acted improperly to evict struggling borrowers.