Rep. Kaptur: Homeowners need bailout

by Dave on July 25, 2009

Rep Marcy Kaptur (D OH) appears on Fighting for our Homes with economist Dean Baker and host Nathan Havey to discuss how to end the foreclosure epidemic. Produced by Brave New Foundation. We must put a human face on the foreclosure crisis affecting millions of families. Go to FightingForOurHomes.com … FightingForOurHomes.com Fighting for our Homes Mortgage meltdown Foreclosure Brave New Films Foundation modification Acorn

{ 25 comments… read them below or add one }

Anonymous 07.25.09 at 8:48 pm

closet lesbian

Anonymous 07.25.09 at 8:48 pm

yep

Anonymous 07.25.09 at 8:48 pm

you mean its totally american…

Anonymous 07.25.09 at 8:48 pm

Welcome, taxpayers, to the Kabuki Theater of AIG Outrage - where DC’s Best Performance of Hypocritical Indignation is showing. Spare me President Obama’s finger-wag. He’s “outraged?” Meh. Chris Dodd, the corporate crony who is the largest recipient of AIG donations, Obama is the 4th. If we hadn’t bailed out AIG = no bonuses for greedy execs.

Bailout-a-palooza is not good for all you naive voters that voted for hope & change without knowing what it meant. It’s not American Idol, vote smart.

Anonymous 07.25.09 at 8:48 pm

stop paying taxes and pay off your homes

Anonymous 07.25.09 at 8:48 pm

say no to all bailouts end the fed

Anonymous 07.25.09 at 8:48 pm

this i so unamerican. Dominate the weak, exploit who you can and always get extra cash

Anonymous 07.25.09 at 8:48 pm

You caught me.

Anonymous 07.25.09 at 8:48 pm

You must be a republican

Anonymous 07.25.09 at 8:48 pm

Wow someone who actually makes sense. mrbhave I totally agree, with you. Rep. Kaptur is is a danger to everything America stands for.

Anonymous 07.25.09 at 8:48 pm

Yes lets nationalize the banking system, because the government has done so well running things. Ill give you one thing wolfman at least you are not afraid to stand up for your socialist views. I would prefer to get the government out of the banking industry and allow free enterprise to fix the problems created by, too much government interference. As for the conspiracy theory you mentioned I believe they now have medication which will help you with that.

Anonymous 07.25.09 at 8:48 pm

. I know this is so unfair but I, saved up, before I bought.
Now to make it fairer to everyone, my tax dollars will go to pay for someone elses mortgage. I should have timed my home purchase better so everyone else could have paid my mortgage, stupid me.

Anonymous 07.25.09 at 8:48 pm

Actually; during the Clinton administration banks were sued for not giving out enough minority loans. They were stuck between taking bad risks and loosing their ability to operate. The government put quotas on the amount of high-risk loans banks were required to grant. It is amazing to me how no one wants to blame the person who bought a house they could not afford.

Anonymous 07.25.09 at 8:48 pm

You could say the same for those damn banks, they shouldn’t issue these morgages when they know the ridiculous risk, The credit reporting system is there for a reason! now THEY are getting our money to spend on corporate bonuses and private jets, I dont know if I were you but I’d rather keep a few families in their houses rather than get these guys that jet upgrade they’ve been looking for on taxpayers money I though this money was to go back to help everyone, not this asshole and his jet fetish

Anonymous 07.25.09 at 8:48 pm

All you people who are worried about your homes should get off youtube and get a 2nd job. Also you probably overextended yourselves in the first place. Make better choices next time around.

Anonymous 07.25.09 at 8:48 pm

This post is for yorkcoadam. I should have included the previous administrations in my complaints as well. Sorry. Now blow me.

Anonymous 07.25.09 at 8:48 pm

Google “show me the note”. The ‘note’ is the paper signed by the lender and the householder to make the mortgage legal. It is often not to be found at the original lender and its unavailability makes foreclosure nearly impossible. Good luck!

Anonymous 07.25.09 at 8:48 pm

The family trusts that consists of the Rothchilds,Rockefellers , Warburgs, Morgans and the Mellon’s have owned our currency since 1913 along with dozens of corporations both domestic and foreign,We must take over the entire banking industry and create a U.S. CITIZENS FEDERAL BANK!! Let the government control it then when they screw up we have someone to hold acountable. The FEDERAL RESERVE is untouchable!!!!

Anonymous 07.25.09 at 8:48 pm

Wake up people! This has nothing to do with people buying wht they can’t afford or the bailouts. The private banking CARTEL (secret society) called the FEDERAL RESERVE that owns this country’s currency is the problem. They are legalized counterfitters! They create only debt! Debt is money and Money is DEBT!!!

Anonymous 07.25.09 at 8:48 pm

HOME OWNERS LOAN CORPORATION

houses default, govt buys em up at auction, homeowners stay in their home and pay off the new LOWER price of the home.

Anonymous 07.25.09 at 8:48 pm

Sorry Rep. Kaptur, you lost me when you said the SEC is somehow more competent than the Treasury to direct TARP funding. Where has there been any SEC oversight with regard to the sub-prime mortgage industry?

It’s the government’s fault that we’re in this mess.

Anonymous 07.25.09 at 8:48 pm

My last post was to kaduisaui

Anonymous 07.25.09 at 8:48 pm

If you had any education what so ever you would know the housing laws that opened up this mess, happened during the Clinton years. It was called: Community Reinvestment Act this is what allowed all these people to buy houses they could not afford.

Anonymous 07.25.09 at 8:48 pm

When you have nothing invested, like a down payment, and you agree to a variable interest rate its whoopee time. (who needs to read the fine print)
Then the rates go through the roof and suddenly you are being foreclosed upon. These people should have never been home owners to begin with. I dont want to have to pay for their screw ups.
This Senator is an Anti-American/Socialist. I paid my mortgage why should I have to pay theirs?
Im tired of the victim and not-my-fault mentality.

Anonymous 07.25.09 at 8:48 pm

Marcy Kaptor for President!

Comparing Marcy to Sarah Palin is like comparing a
pitbull to chihuahua. The chihuahua is all noise, the pitbull can dig into some meat!

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