Do you support the Obama "stimulus package"?

[pojo]

we can sit here and b**** against the stimulus or for the stimulus, however, we all have NO choice about it because it is tax-payer money that is bailing out the government and letting the fortune 100 CEO's purchase private jets and take vacations...

[SchoolGirlHeart]

we can sit here and b**** against the stimulus or for the stimulus, however, we all have NO choice about it because it is tax-payer money that is bailing out the government and letting the fortune 100 CEO's purchase private jets and take vacations...

But we do have a choice, albeit a longer range choice. If we don't like the way our lawmakers are spending OUR money, it's up to us to VOTE THEM OUT OF OFFICE......

[pojo]

we can sit here and b**** against the stimulus or for the stimulus, however, we all have NO choice about it because it is tax-payer money that is bailing out the government and letting the fortune 100 CEO's purchase private jets and take vacations...

But we do have a choice, albeit a longer range choice. If we don't like the way our lawmakers are spending OUR money, it's up to us to VOTE THEM OUT OF OFFICE......

I see your point...

[Bfan53again]

I have to totally agree with you, for anyone who has ever sat through a closing, you get writers cramp. Theres no way that any of those people accepted the responsibility of owning and paying for a home without being fully aware and havening signed on 23 different lines to say they acknowledge what they were getting into. I feel for them, but the rest of us who play by the rules shouldn't be bailing them out of their bad decisions.

Well, as someone who performs closings, there's no way any one person can understand fully everything they are signing in the hour or so it takes to sign all the documents. I've seen people get bad loans and they usually just go on the "word" of their broker/banker, without fully understanding documents. Unfortunately, as a neutral third party, the best I can do is try to explain everything as well as I can.

It would take days to read and understand a complete loan package anymore.

There's no fallback on the brokers, because they got their commission up front when the loans were bundled and sold. Everything falls on the borrower, and now everyone who invested in these bundled crappy loans.

Agreed and it was our government that forced all of these "disclosures" that are so cumbersome and confusing for all parties. I can't tell you how many times I've tried to explain them at closings and a majority of borrowers say "don't bother, where do we sign"?????

And now it is my responsibility to pay for their "lack of attention" to the details of their mortage???

You have hit the exact "nail on the head" - NO, it shouldn't be our collective responsibility at all. But that's what Washington now wants us to do.....along with our children and grandchildren

My congratulations to Mammabear for being responsible and reading and questioning what was being signed.......you are the rare exception.

[Crazy Navy Flyer]

I have to totally agree with you, for anyone who has ever sat through a closing, you get writers cramp. Theres no way that any of those people accepted the responsibility of owning and paying for a home without being fully aware and havening signed on 23 different lines to say they acknowledge what they were getting into. I feel for them, but the rest of us who play by the rules shouldn't be bailing them out of their bad decisions.

Well, as someone who performs closings, there's no way any one person can understand fully everything they are signing in the hour or so it takes to sign all the documents. I've seen people get bad loans and they usually just go on the "word" of their broker/banker, without fully understanding documents. Unfortunately, as a neutral third party, the best I can do is try to explain everything as well as I can.

It would take days to read and understand a complete loan package anymore.

There's no fallback on the brokers, because they got their commission up front when the loans were bundled and sold. Everything falls on the borrower, and now everyone who invested in these bundled crappy loans.

Agreed and it was our government that forced all of these "disclosures" that are so cumbersome and confusing for all parties. I can't tell you how many times I've tried to explain them at closings and a majority of borrowers say "don't bother, where do we sign"?????

And now it is my responsibility to pay for their "lack of attention" to the details of their mortage???

You have hit the exact "nail on the head" - NO, it shouldn't be our collective responsibility at all. But that's what Washington now wants us to do.....along with our children and grandchildren

My congratulations to Mammabear for being responsible and reading and questioning what was being signed.......you are the rare exception.

I guess it is our responsibility, I believe our president said "because it is the neighborly thing to do".

[LIPH]

He did say he wanted to spread the wealth around. So were do I go to get the 50% missing from my 401k?

[Crazy Navy Flyer]

He did say he wanted to spread the wealth around. So were do I go to get the 50% missing from my 401k?

I think that is part of the wealth that is being spread around.

[keybdplyr]

It would take days to read and understand a complete loan package anymore.

So true, but it doesn’t take hours of reading to know your interest rate and the basic terms of your loan.

we can sit here and b**** against the stimulus or for the stimulus, however, we all have NO choice about it because it is tax-payer money that is bailing out the government and letting the fortune 100 CEO's purchase private jets and take vacations...

Hey......we BUILD jets in this town. I wish the president and others would stop making this the new symbol of greed. People are losing their jobs because companies who DIDN’T get a bailout are now embarrassed to buy or use a small jet even when it offers the most efficient use of their time and money.

[LIBuffettFan]

It would take days to read and understand a complete loan package anymore.

So true, but it doesn’t take hours of reading to know your interest rate and the basic terms of your loan.

we can sit here and b**** against the stimulus or for the stimulus, however, we all have NO choice about it because it is tax-payer money that is bailing out the government and letting the fortune 100 CEO's purchase private jets and take vacations...

Hey......we BUILD jets in this town. I wish the president and others would stop making this the new symbol of greed. People are losing their jobs because companies who DIDN’T get a bailout are now embarrassed to buy or use a small jet even when it offers the most efficient use of their time and money.

Exactly, they shouldn't be bastardizing any business that employs people or is in industry that requires a number of smaller companies, service personel and touches other industries to survive. The private jet industry actually helps support not only the people who work for them, but all the manufacturing shops that help make the componenents, the people who develop and install the interiors, the people who service these aircraft, the people who work at the airports that house and support these aircraft along the way from place to place. The list goes on and on.

The interesting fact about this judgement call against people who use private jets, is that over 600 private jets (a record) showed up at Dulles for Obama's inauguration. So I guess its only some people who shouldnt use private jets, government employees and buddies of the administration are good to go and fly anywhere there little hearts desire. Heaven forbid a CEO who is pressed for time makes use of their corporate jet to use his time more effectivly (da bastad) because some dimwits in Washington call him away from his job so they can berate him and let him know what as a$$ he is.

How many members of the Senate and House use private jets? Obama's little excursion to Denver to sign the Stimulus package called for at least two C130 with support vehicles and security as well as the two Airforce One 747's which never travel apart from each other. What a waste of taxpayer dollars to sign a piece of legislation that any other president would have signed in the rose garden with congress standing behind him. This is what this presidency is going to look like, get used to it. The man is a rock star!!

[SharkOnLand]

It would take days to read and understand a complete loan package anymore.

So true, but it doesn’t take hours of reading to know your interest rate and the basic terms of your loan.

Yes, but a lot of people listened to and believed their mortgage brokers who said, "don't worry about the interest rate going up in 3 years, your home will be worth more, and you can refinance to get a better rate."

The banks didn't have to worry about the effects of their bad loans, they'd loan anybody money and even push higher loan amounts on people who didn't need the higher amounts, just so they could get their up-front commissions higher.

Granted, the consumer has some responsibility in this, but the damn banks/brokers had NO repercussions from making bad loans AT ALL. They got their money up front, then washed their hands of the bad loans.

[green1]

It would take days to read and understand a complete loan package anymore.

So true, but it doesn’t take hours of reading to know your interest rate and the basic terms of your loan.

Yes, but a lot of people listened to and believed their mortgage brokers who said, "don't worry about the interest rate going up in 3 years, your home will be worth more, and you can refinance to get a better rate."

If the banks didn't have to worry about the effects of their bad loans, they'd loan anybody money and even push higher loan amounts on people who didn't need the higher amounts, just so they could get their up-front commissions higher.

Granted, the consumer has some responsibility in this, but the damn banks/brokers had NO repercussions from making bad loans AT ALL. They got their money up front, then washed their hands of the bad loans.

In some instances the loans to people who could not afford them were part of federal legislation to increase home ownership. In other instances that banks that did give out bad loans are now receiving federal money to help them stay afloat. They should have been allowed to go under. Another bank would have stepped into that gap and either done the job better or gone out of business too. That is how our system is supposed to work. Apparently no longer.

[SchoolGirlHeart]

Exactly, they shouldn't be bastardizing any business that employs people or is in industry that requires a number of smaller companies, service personel and touches other industries to survive. The private jet industry actually helps support not only the people who work for them, but all the manufacturing shops that help make the componenents, the people who develop and install the interiors, the people who service these aircraft, the people who work at the airports that house and support these aircraft along the way from place to place. The list goes on and on.

The interesting fact about this judgement call against people who use private jets, is that over 600 private jets (a record) showed up at Dulles for Obama's inauguration. So I guess its only some people who shouldnt use private jets, government employees and buddies of the administration are good to go and fly anywhere there little hearts desire. Heaven forbid a CEO who is pressed for time makes use of their corporate jet to use his time more effectivly (da bastad) because some dimwits in Washington call him away from his job so they can berate him and let him know what as a$$ he is.

How many members of the Senate and House use private jets? Obama's little excursion to Denver to sign the Stimulus package called for at least two C130 with support vehicles and security as well as the two Airforce One 747's which never travel apart from each other. What a waste of taxpayer dollars to sign a piece of legislation that any other president would have signed in the rose garden with congress standing behind him. This is what this presidency is going to look like, get used to it. The man is a rock star!!

To me, there's absolutely nothing wrong with owning/using a private jet, as long as you can afford it. But if you want a bailout with MY taxpayers dollars, you better be traveling commercial economy, just like I do.

Obama's trip to Denver to sign that bill infuriates me. There was no good reason for it whatsoever. The bill should have been signed in Washington. I guess he needed to take his "spiffy ride" (AF One, his words, not mine) out for a spin. I don't want a (expletive deleted) rock star for a president. I want a (expletive deleted) PUBLIC SERVANT who is a good steward of my tax dollars.

"Do the right thing" doesn't seem to have any meaning in Washington.... (although it never has, through any administration.....)

[Spider Johnson]

Exactly, they shouldn't be bastardizing any business that employs people or is in industry that requires a number of smaller companies, service personel and touches other industries to survive. The private jet industry actually helps support not only the people who work for them, but all the manufacturing shops that help make the componenents, the people who develop and install the interiors, the people who service these aircraft, the people who work at the airports that house and support these aircraft along the way from place to place. The list goes on and on.

The interesting fact about this judgement call against people who use private jets, is that over 600 private jets (a record) showed up at Dulles for Obama's inauguration. So I guess its only some people who shouldnt use private jets, government employees and buddies of the administration are good to go and fly anywhere there little hearts desire. Heaven forbid a CEO who is pressed for time makes use of their corporate jet to use his time more effectivly (da bastad) because some dimwits in Washington call him away from his job so they can berate him and let him know what as a$$ he is.

How many members of the Senate and House use private jets? Obama's little excursion to Denver to sign the Stimulus package called for at least two C130 with support vehicles and security as well as the two Airforce One 747's which never travel apart from each other. What a waste of taxpayer dollars to sign a piece of legislation that any other president would have signed in the rose garden with congress standing behind him. This is what this presidency is going to look like, get used to it. The man is a rock star!!

To me, there's absolutely nothing wrong with owning/using a private jet, as long as you can afford it. But if you want a bailout with MY taxpayers dollars, you better be traveling commercial economy, just like I do.

Obama's trip to Denver to sign that bill infuriates me. There was no good reason for it whatsoever. The bill should have been signed in Washington. I guess he needed to take his "spiffy ride" (AF One, his words, not mine) out for a spin. I don't want a (expletive deleted) rock star for a president. I want a (expletive deleted) PUBLIC SERVANT who is a good steward of my tax dollars.

"Do the right thing" doesn't seem to have any meaning in Washington.... (although it never has, through any administration.....)

I said something simliar elsewhere about Obama's need to sign the legislation in Colorado. You worded it better than I did.

Now we have Pelosi "...asking Democrats to cut budget fat..." Does anyone see anything a bit strange in this? Afterall the "extra" spending she asked for, and she supports nearly $1,000,000,000,000.00 of taxpayer spending?

A piece of legislature, over 1,100 pages long. No one was allowed to read or to understand in it's entirety, that is full of such "budget fat"?

[Spider Johnson]

Where is he going to get the money?


Obama Seeks to Halve Deficit to Half Trillion Per Year by 2013

http://www.foxnews.com/politics/first10 ... m/100days/

[LIBuffettFan]

Where is he going to get the money?


Obama Seeks to Halve Deficit to Half Trillion Per Year by 2013

http://www.foxnews.com/politics/first10 ... m/100days/

Thats the scary part, if it continues this way, things are only going to get worse. welcome to the United Socialist Republic of America. ACK!!!!! He has to layout grandious plans like that that are so long term, he's already working on his re election and this plan I'm sure will "require" him to be the sitting president in order to be successful.

[moeron]

Vote them OUT office. We finally did it to the GOP. If this dosen't work we could be in really deep DODO. Contract with America anyone???

[Spider Johnson]

Where is he going to get the money?


Obama Seeks to Halve Deficit to Half Trillion Per Year by 2013

http://www.foxnews.com/politics/first10 ... m/100days/

Thats the scary part, if it continues this way, things are only going to get worse. welcome to the United Socialist Republic of America. ACK!!!!! He has to layout grandious plans like that that are so long term, he's already working on his re election and this plan I'm sure will "require" him to be the sitting president in order to be successful.

I don't think many people would think of him as being very successful this far, into hs time in office. However that might depend on how one defines "successful".
It is quite obvious he is definitely planning on being a next term President. For that to happen he better start actually doing FOR WE THE PEOPLE instead of TO WE THE PEOPLE. Like ramming his so called "stimulus" bill upon us. The bill he did not want or allow anyone to read in full before passage. The bill seems to have certainly stimulated something...the ire of many people.

If this is any indication of the next four years, then we are most likely doomed!

Welcome to the Obamanation!