NEW! LOWEST RATES EVER -- SUPPORT THE SHOW AND ENJOY THE VERY BEST PREMIUM PARACAST EXPERIENCE! Welcome to The Paracast+, eight years young! For a low subscription fee, you can download the ad-free version of The Paracast and the exclusive, member-only, After The Paracast bonus podcast, featuring color commentary, exclusive interviews, the continuation of interviews that began on the main episode of The Paracast. We also offer lifetime memberships! Flash! Take advantage of our lowest rates ever! Act now! It's easier than ever to susbcribe! You can sign up right here!

Reply to thread

Message

there was a financial adviser/expert on a talk show this morning, talking about the sub-prime mortgage repossessions in one of your larger cities. He mentioned that some nice houses, in an inner-city area of maybe Detroit? are going for a buck, to 60 dollars.
that's one place all that nice tax-payer money went...

why the government didn't just pay off the mortgages for all those people, and then rent them back the house for 10 years then give them the deeds, I don't know.

another person calculated that all that bailout money would be enough to give EVERYBODY in the US 250 000 dollars EACH.

that's a lot of taxes you and your children, and grandchildren are going to have to shell out.

There has to be a better way than mortgaging your futures just to keep the big guys out of trouble with their shareholders.

<blockquote data-quote="AnnetteMarie" data-source="post: 49441" data-attributes="member: 802">there was a financial adviser/expert on a talk show this morning, talking about the sub-prime mortgage repossessions in one of your larger cities.&nbsp; He mentioned that some nice houses, in an inner-city area of maybe Detroit? are going for a buck, to 60 dollars.that&#039;s one place all that nice tax-payer money went...&nbsp;why the government didn&#039;t just pay off the mortgages for all those people, and then rent them back the house for 10 years then give them the deeds, I don&#039;t know.&nbsp;another person calculated that all that bailout&nbsp; money would be enough to give EVERYBODY in the US 250 000 dollars EACH.&nbsp;that&#039;s a lot of taxes you and your children, and grandchildren are going to have to shell out.&nbsp;There has to be a better way than mortgaging your futures just to keep the big guys out of trouble with their shareholders.</blockquote>

[QUOTE="AnnetteMarie, post: 49441, member: 802"] there was a financial adviser/expert on a talk show this morning, talking about the sub-prime mortgage repossessions in one of your larger cities. He mentioned that some nice houses, in an inner-city area of maybe Detroit? are going for a buck, to 60 dollars. that's one place all that nice tax-payer money went... why the government didn't just pay off the mortgages for all those people, and then rent them back the house for 10 years then give them the deeds, I don't know. another person calculated that all that bailout money would be enough to give EVERYBODY in the US 250 000 dollars EACH. that's a lot of taxes you and your children, and grandchildren are going to have to shell out. There has to be a better way than mortgaging your futures just to keep the big guys out of trouble with their shareholders. [/QUOTE]

Verification