# Bush Bails out troubled homeowners **URL:** \ **Category:** Misc. Discussion\ **Created:** [August 31, 2007, 12:50pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823 "2007-08-31T12:50:15Z")\ **Posts on this page:** 17\ **Page:** 1
**Author:** ![gbell](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gbell/32/60114_2.png) [@gbell](https://forum.nachi.org/u/gbell)\ **Post date:** [August 31, 2007, 12:50pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/1 "2007-08-31T12:50:15Z")
It looks like the feds are going to help out all of these people that couldn’t protect themselves. [http://biz.yahoo.com/ap/070831/bush\_housing\_slump.html?.v=3](http://biz.yahoo.com/ap/070831/bush_housing_slump.html?.v=3) A link for a petition if you are against this. [http://www.petitiononline.com/bailout/petition.html](http://www.petitiononline.com/bailout/petition.html) ---
**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\ **Post date:** [August 31, 2007, 8:16pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/2 "2007-08-31T20:16:20Z")
One should always look out for helpul politicians because their only source of funding the help they offer is someone else’s pocket. ☹ ---
**Author:** ![rstufflebeem](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/rstufflebeem/32/190970_2.png) [@rstufflebeem](https://forum.nachi.org/u/rstufflebeem)\ **Post date:** [August 31, 2007, 10:18pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/3 "2007-08-31T22:18:25Z")
I imagine the President will somehow get crucified for this as well? Randy ---
**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\ **Post date:** [August 31, 2007, 11:19pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/4 "2007-08-31T23:19:37Z")
When did it become the government’s job to save the populus from their own bad decisions? George B. is too compassionate with our money on this one. The market was already tightening credit and solving the problem on their own. The lenders stupidly took the risk and are correcting the problem on their own. Now if we could just get our “helpful” governmment to stay out of it.:roll: ---
**Author:** ![jburkeson1](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/jburkeson1/32/328752_2.png) [@jburkeson1](https://forum.nachi.org/u/jburkeson1)\ **Post date:** [September 1, 2007, 12:07am UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/5 "2007-09-01T00:07:50Z")
> [@rstufflebeem](#): > > I imagine the President will somehow get crucified for this as well? I don’t know about that, but I do expect that real soon he will appear at some contrived media event (dressed not in a flight jacket but a three-piece bankers suit) filmed in front of Fannie-Mae where he prematurely declares financial victory over the evil-doer mortgage banks. Stay the course. 😃 ---
**Author:** ![jmerritt1](https://avatars.discourse-cdn.com/v4/letter/j/e99b99/32.png) [@jmerritt1](https://forum.nachi.org/u/jmerritt1)\ **Post date:** [September 1, 2007, 1:21am UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/6 "2007-09-01T01:21:59Z")
Any time the goverment wnats to help. I want run ---
**Author:** ![badair](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/badair/32/166699_2.png) [@badair](https://forum.nachi.org/u/badair)\ **Post date:** [September 1, 2007, 2:24am UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/7 "2007-09-01T02:24:11Z")
> [@rstufflebeem](#): > > I imagine the President will somehow get crucified for this as well? > Randy why waste the wood? ---
**Author:** ![rstufflebeem](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/rstufflebeem/32/190970_2.png) [@rstufflebeem](https://forum.nachi.org/u/rstufflebeem)\ **Post date:** [September 1, 2007, 12:28pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/8 "2007-09-01T12:28:17Z")
> [@badair](#): > > why waste the wood? Looks like Shumer, Kennedy, Clinton, Kerry, and the gang wrapping him up. Of course if they get rid of him what would they complain about. Or better yet would they finally have to come up with solutions? ---
**Author:** ![rstufflebeem](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/rstufflebeem/32/190970_2.png) [@rstufflebeem](https://forum.nachi.org/u/rstufflebeem)\ **Post date:** [September 1, 2007, 12:53pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/9 "2007-09-01T12:53:14Z")
> [@mlarson](#): > > When did it become the government’s job to save the populus from their own bad decisions? > George B. is too compassionate with our money on this one. > The market was already tightening credit and solving the problem on their own. The lenders stupidly took the risk and are correcting the problem on their own. > Now if we could just get our “helpful” governmment to stay out of it.:roll: Agreed! Randy ---
**Author:** ![jfunderburk](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/jfunderburk/32/187920_2.png) [@jfunderburk](https://forum.nachi.org/u/jfunderburk)\ **Post date:** [September 1, 2007, 3:26pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/10 "2007-09-01T15:26:25Z")
> [@mlarson](#): > > When did it become the government’s job to save the populus from their own bad decisions? Probably started with the creation of FEMA. ---
**Author:** ![gbeaumont](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gbeaumont/32/1094_2.png) [@gbeaumont](https://forum.nachi.org/u/gbeaumont)\ **Post date:** [September 1, 2007, 4:12pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/11 "2007-09-01T16:12:28Z")
> [@mlarson](#): > > The market was already tightening credit and solving the problem on their own. **The lenders stupidly took the risk** and are correcting the problem on their own. Deffinately worth repeating The money men wanted to get a piece of the them burgeoning housing market and developed “Funny money” mortgages to take advantage of it, now there crying to government about their poor lending policies. Regards Gerry ---
**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\ **Post date:** [September 1, 2007, 4:15pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/12 "2007-09-01T16:15:05Z")
So you think it’s the “little people” that will benefit from this government largess, [Think Again](http://www.fool.com/investing/general/2007/08/31/bushs-housing-bailout-bad-idea.aspx)☹ "_Who will reap the billions of dollars in benefits if U.S. taxpayers subsidize the risk on all those rapidly deteriorating mortgage-backed securities? Yup, these same millionaires and billionaires, like Robert Toll or_\* Countrywide Financial _(NYSE: [CFC](http://quote.fool.com/summary.aspx?s=CFC)) CEO Angelo Mozilo, who dumped tens, even \* hundreds of millions of dollars worth of stock just ahead of the inferno, while they were still pouring kerosene on the kindlin_ " ---
**Author:** ![jgroves](https://avatars.discourse-cdn.com/v4/letter/j/839c29/32.png) [@jgroves](https://forum.nachi.org/u/jgroves)\ **Post date:** [September 1, 2007, 4:19pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/13 "2007-09-01T16:19:59Z")
Every time I hear a politician use the words compassion, needy, poorest Americans, et al, I also hear my checkbook start to whimper in the desk drawer. :freaked-: :freaked-: :ack: -X :-({|= ---
**Author:** ![fcarrio](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/fcarrio/32/1571_2.png) [@fcarrio](https://forum.nachi.org/u/fcarrio)\ **Post date:** [September 1, 2007, 4:30pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/14 "2007-09-01T16:30:41Z")
SIGNATURES SO FAR **Tax Payers Against a Wall Street and Mortgage Bailout** **We endorse the [Tax Payers [COLOR=red]Against a Wall Street and Mortgage Bailout](http://www.petitiononline.com/bailout/petition.html) Petition to Senator Hillary Clinton, Senator Christopher Dodd, Senator Charles Schumer and members of Congress.** [Read the Tax Payers Against a Wall Street and Mortgage Bailout Petition](http://www.petitiononline.com/bailout/petition.html) **NameComments3309.Frank Carrio** 3309 Signatures Total ---
**Author:** ![tdietrich1](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/tdietrich1/32/1561_2.png) [@tdietrich1](https://forum.nachi.org/u/tdietrich1)\ **Post date:** [September 1, 2007, 4:34pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/15 "2007-09-01T16:34:21Z")
Wasn’t slavery the systematic forced extortion of one set of people’s hard-work, for the benefit of another group of people? tom ---
**Author:** ![jgroves](https://avatars.discourse-cdn.com/v4/letter/j/839c29/32.png) [@jgroves](https://forum.nachi.org/u/jgroves)\ **Post date:** [September 1, 2007, 5:14pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/16 "2007-09-01T17:14:36Z")
> [@tdietrich1](#): > > Wasn’t slavery the systematic forced extortion of one set of people’s hard-work, for the benefit of another group of people? > > tom Now they call it service learning or compulsary volunteerism. ---
**Author:** ![jfunderburk](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/jfunderburk/32/187920_2.png) [@jfunderburk](https://forum.nachi.org/u/jfunderburk)\ **Post date:** [September 1, 2007, 6:06pm UTC](https://forum.nachi.org/t/bush-bails-out-troubled-homeowners/19823/17 "2007-09-01T18:06:52Z")
> [@tdietrich1](#): > > Wasn’t slavery the systematic forced extortion of one set of people’s hard-work, for the benefit of another group of people? Are you talking about Africans selling their neighbors to Northen shipowners 150 years ago or the slavery that goes on \*today \*in Africa?