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Hard to get a mortgage loan modification?

Discussion in 'Political Debate & Discussion' started by carpro, Aug 4, 2010.

  1. carpro

    carpro Well-Known Member
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  2. Robert Snow

    Robert Snow New Member

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    Wow! You mean the rich take advantage of the poor! Who would have thought it!

    The people who give the most to the politicians always get their payback at the expense of the ordinary tax payer.
     
  3. carpro

    carpro Well-Known Member
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    With the willing assistance of the Obama administration.
     
  4. targus

    targus New Member

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    So when it is your liberal hacks handing out the favors in return for politcial contributions - your response is "no big deal - that's what politicians do"?
     
  5. carpro

    carpro Well-Known Member
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    http://www.mcclatchydc.com/2010/04/21/92637/goldmans-connections-to-white.html

    Goldman's connections to the White House and the Obama administration are raising eyebrows at a time when Washington and Wall Street are dueling over how to overhaul regulation of the financial world.

    Lawrence Jacobs, a University of Minnesota political scientist, said that "almost everything that the White House has done has been haunted by the personnel and the money of Goldman . . . as well as the suspicion that the White House, particularly early on, was pulling its punches out of deference to Goldman and its war chest.

    SNIP

    Several former Goldman executives hold senior positions in the Obama administration, including Gary Gensler, the chairman of the Commodity Futures Trading Commission; Mark Patterson, a former Goldman lobbyist who is chief of staff to Treasury Secretary Timothy Geithner; and Robert Hormats, the undersecretary of state for economic, energy and agricultural affairs.
     
  6. Robert Snow

    Robert Snow New Member

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    I don't think I said, "No big deal."

    What do you suggest we do to stop these things from taking place?

    BTW, they aren't my "liberal hacks."
     
  7. targus

    targus New Member

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    1. Get government out of the mortgage business.

    It's only because Dodd etal required lenders to hand out mortgages that borrowers could never pay back that we got into this mess in the first place.


    2. Stop setting up these big slush funds for politicians to dip into - like TARP and the "stimulus fund".
     
  8. carpro

    carpro Well-Known Member
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    http://www.reuters.com/article/idUSN2039806920081120


    And so they did.

    Providing payoffs to Obama's cronies at Goldman -Sachs and cheating mortgage holders and tax payers as shown in the OP video.

    Pelosi and Frank got their wish and Goldman-Sachs and their ilk got their payoff while homeowners and taxpayers got the shaft.
     
    #8 carpro, Aug 4, 2010
    Last edited by a moderator: Aug 4, 2010
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