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Small-business bankruptcies rise 81% in California www.latimes.com US bankruptcies rise 33 percent in third quarter www.reuters.com Amusement park industry sees buyouts, bankruptcies in 2009 www.sanduskyregister.com Commercial Bankruptcies www.insidearm.com Unemployment funds going absolutely broke www.msnbc.msn.com 2009 Bank Failures Hit 140 As Seven More Close; FDIC Unable To Find Buyers For All www.americanbankingnews.com Ford Offers Buyouts to [...]
Question by Michael S: Do these measures help poor people who face foreclosure? $ 4 billion to buy and rehab properties that are already foreclosed. $ 14.5 billion in tax credits for first time homebuyers. FHA insurance for $ 730,000 homes. Think carefully…how do they help the people Obama, Pelosi and Chris Dodd say they [...]
Question by girl_inzane: Why not bail out people facing foreclosure? That money will end up in the Lenders hands=Wall Street. Best answer: Answer by hiztreebuffActually that IS one of the goals of the “bail out”. The goal is to increase liquidity and gives banks and the government -acquired mortgages to try to renegotiate those mortgages [...]
Question by mouthbreather77: Should the government bailout borrowers in danger of foreclosure? What about the people already foreclosed? http://biz.yahoo.com/nytimes/080223/1194749714355.html?.v=14 What are the risks to the U.S. economy if the government does pass $ 739 billion onto taxpayers in order to rescue the banks and the borrowers who have been burned on interest rate speculation? If [...]
Obama supporters, do you believe that the people in foreclosure should get their houses back at the?
Question by Alan Greenspan: Obama supporters, do you believe that the people in foreclosure should get their houses back at the? expense of other people? Like the people who have always been homeless—>renters. Or shoud those renters get a free house too and the rich people just pay for it? Best answer: Answer by Kyle [...]
Question by gitrdoneobama: How come Republicans don’t want people facing foreclosure to vote this election? Michigan Republicans plan to foreclose African-American voters The chairman of the Republican Party in Macomb County, Michigan, a key swing county in a key swing state, is planning to use a list of foreclosed homes to block people from voting [...]
Question by Don’t Call Me Peanut: Obama wants to help people whose houses are in the brink of foreclosure? WHAT ABOUT PEOPLE LIKE ME WHO HAS BEEN PAYING MY HOUSE WITH NO PROBLEMS??? WILL I GET EXTRA MONEY TO SPEND?!?! It’s not like I want money from the government but, it wouldn’t be fair. Angela [...]
Question by Blockhead: Why is it that people who overspend, face foreclosure and the collapse of their personal economy are said? to be responsible for the situation they face, yet an administration that overspends, doubles the national debt, and faces the collapse of the national economy is said to be just the victim of a [...]
Question by who’s sane: People were told it was just deadbeats & liars going into foreclosure? Was this a ploy by the lending and government to explain their own irresponsibility in the “setup” to make good money at any ones expense? Did the lending institutions know, given all the extravagant favors to big business they [...]
Question by assertive nag: Do you think that people who are in foreclosure should be bailed out? I am not referring to folks whos lives have taken a bad turn through no fault of their own, but it they opted for a variable interest rate, can they really blame anyone but themselves? We all have [...]