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Throw more money to the useless!!!

I especially love the last paragraph... Pretty awesome knowing by working everyday I can pay someones home loan along with their unenjoyment!!! What a great country we live in. :mad:

From Reuters:

NEW YORK, July 14 (Reuters) - U.S. government officials are weighing a plan that would let borrowers who have fallen behind on their mortgage payments avoid eviction by renting their homes instead, sources familiar with the administration's thinking said on Tuesday.

Under one idea being discussed, delinquent homeowners would surrender ownership of their homes but would continue to live in the property for several years, the sources told Reuters.

Officials are also considering whether the government should make mortgage payments on behalf of borrowers who cannot keep up with their home loans, tapping an unused portion of a $50 billion housing aid kitty.

As part of this plan, jobless borrowers might receive a housing stipend along with regular unemployment benefits, the sources said. (Reporting by Patrick Rucker; Editing by Diane Craft)
 
It seems everyday I come on here and read something utterly f@ckin astonishing that the US government (ours will be right behind yours I'm sure)is doing to its people. WE ARE ALL FISH IN A BARREL!
 
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Amazing. Surrender your home to avoid foreclosure and get to rent it? Colorado branded that a mortgage scam two or three years ago and pretty well eliminated even any legit (there were a few, damned few) such efforts. Now, the gov't is stepping in after the hucksters were run out of Colorado?
Amazing.
 
What a deal, I am stopping my house payments now in anticipation of this great benefit. :rolleyes:

x2^^ Been doin that for a while now:rolleyes: Figure with all my gov checks takin care of my use-to-be obligations I can use all my 'disposable' income I aquired on riding. I'm just about behind enough on my credit cards to do the same thing with them............















j/k

ferrelin redon!!!! :mad: :mad: :mad:

I love grinnin ear-to-ear when I hear a Dem (Obamist) voter pissin & moanin about where the country is headed
 
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