http://news.yahoo.com/obama-call-5-10-bi…
I know it would help me.
I’ve been current on all my payments but I’m underwater.
I would love to be able to refinance at 4% or less. But what bank would loan me money when the collateral is less than the loan.
Of course, I could fall behind on purpose, then my lender would refinance me in a heartbeat to keep me from defaulting!
I’m screwed due to being responsible.



My only concern is that 0bama’s definition of “responsible victim” might not the same as yours and mine. I do hope for your sake that his plan helps people like you because his last plan didn’t. It makes me angry that he’s golfed and vacationed and went on world tours and started wars, but never cared about the mortgage crisis until campaign time.
It’s possible. I did once when he said he wasn’t going to intervene in Libya and didn’t.
Then the bastard made me look like an azzhole for giving him support.
“I’m screwed due to being responsible.”
-I’m sorry you are too. Be like all the New Americans and just say “it’s the banks fault! They should have known we could never pay that back!”
^^^ swear to God, I heard with my own ears someone say that. I just walked away…….
“Obama moved to counter Republican criticism that the proposal would use taxpayer money to bail out irresponsible borrowers by stressing that only homeowners current on their payments could benefit.”
The second paragraph, man, you only had to make it to the second paragraph.
Nope. Not govt biz.
And you’d pay it back you know…thru higher taxes…or more like it the rest of us would have to pay for your mistakes.
the government operates exactly opposite of the free market……..rewards failure and punishes success……mind boggling isn’t it…..thank a democrat
Perish the thought…
And since when did being underwater on a loan count as being ‘responsible’?
He was right when he said he’d be a one-term president!!!
VOTE OBAMA OUT!!