Housing bailouts for less than 5%?

Yup

Do you realize that all this "bailout" and stimulus talk that is claimed because of the mortgage industry..is poo-poo?

Out of ALL US mortgages, less than 5% are not paid. And we are re-writing our country for this.

The credit reporting agency said its database shows delinquencies — or the percentage of mortgage holders at least 60 days behind on payments, considered a precursor to foreclosure — jumped to 4.58 percent nationally, from 2.99 percent for the 2007 fourth quarter.

Comments

Post a Comment

Popular posts from this blog

Donald Trump will win in 2020 because America can't do better.

At some point Americans will realize that politicians race bait for a reason, in the end, they are all the same. They keep their job by having 'classes' and having those 'classes' attack each other. They always have. The hatred from Trump they espouse, isn't real. Their opinion of him, isn't real. They just want to keep their job. That is all. Why do they really hate Trump? Because he proved that someone not in their establishment could win. They hate that. It makes them mortal, and they don't want to hear that. They rely on voters not paying attention and simply following a party blindly. Whether you're a Dem or a Rep, that doesn't matter it is simply one promoted ideology over another. They don't really follow that ideology, they sell it to you "the People" (channeling inner Bane voice). And what is the worst part, Americans fall for it. They actually think they 'win'. They don't win. Nothing fundamentally changes course...
Read more

Shark rips 16-year old's arm off, he sees the glass half-full

"I can try to live my life the way I was and make an effort to do that even though I don't have an arm, or I can kind of just let this be completely debilitating and bring my life down and ruin it in a way," Treschl said. "Out of those two, there's really only one that I would choose to do and that's the first — to try to fight and live a normal life with the cards I've been dealt. This kid's statement gives me hope for the future. His parents should be awarded a medal for their ability to raise children.  http://www.usatoday.com/story/news/nation-now/2015/06/17/shark-attack-victim-speaks-north-carolina-beach-oak-isle/28854419/
Read more

Political Process in the US

The political process in the United States, with complete compliance of the media, uses humans/citizens like cattle. Simple creatures to be pushed to the right pen. The more I read by liberal progressive rags like The Washington Post, or CNN, the more I see how much these types of franchises really do hate Americans. They are against any form of individuality that doesn't fit a minority-style social-justice description, they clearly can't stand the Constitution of the United States, nor the Country's clear purpose. I suppose this is what America has become, as Thomas Jefferson believed, an unsustainable force. I fear that one day we will look back and wonder how something so special went so wrong. I offer it happens when social imperatives over come common sense; when votes matter more than the People and a system seems so jaded and corrupt that hope can only be found in a rich mogul who has never held office. I will attempt to keep an open mind but I simply cannot find a s...
Read more