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Question by Denise: Why does the bankruptcy courts find it nessary to take our stimulus pkg when the government drove us to file.? Our house fell into forclosure and our medical bills were outrageous even with insurence. We had file bankruptcy. Our home was up for sale for over a year. Our autistic child cost [...]
Question by luv2help: Can someone explain the Stimulus plan in regards to Foreclosure? I am not with Fannie, or Freddie Mac. I’m with Countrywide. I read the article briefly, but does this plan mean that principal balances will be lowered on homes? I’m unsure. Best answer: Answer by brandymgriffinUnfortunately, no one knows what is exactly [...]
Question by Blueyes: Wasn’t the stimulus bill invented to help fix the foreclosure crisis? I’m asking because I just read a Yahoo news headline that reads Obama will aim to fix the foreclosure crisis after he signs the stimulus bill. Oh, he’ll also outline the details for us after it’s signed. Aren’t they going about [...]
by NASA on The Commons Question by sklemetti: How does the stimulus package add to the national debt? In other words, why do people say that our kids will pay for the debt? Pay whom? Best answer: Answer by Henrietta “scammer” huWe will borrow the money, and it will have to be paid back with [...]
Question by Messenger of God: When GM files for bankruptcy, How much of the stimulus money return to the tax payers? The United States Government has invested billions of tax payer dollars into GM, Chrysler and Ford. I personally been against the government being involved with private industries and financial institutes. Did you know that [...]
Question by Thundercat: Tyrannosaurus Debt. How many people realize the money for the economic stimulus does not exist? There is no real money to fund this. It will have to be borrowed. More debt. How can more debt fix debt? Best answer: Answer by CroakerWell if you follow reaganomics some debt is good…not sure he [...]