Thread: Republicans Seek to Kill Obama's Housing Relief Programs

Oil is one of the largest subsidized industry in the US. Every time I fill up my tank, I'm thankful I turned in my Republican card.

Glad to see you turned it in, since your view is limited in scope. Obama continues to blather on about assisting the american public, again without any tangible solution. Blocked all aspects of accessing our own oil and in doing so, encourages to dependency on foreign oil and the fluctuations that come with it. He has made no attempt to take away subsidies as well.

I like Lam's continued attempts at feeding us the news, always republican negative. I agree with the republicans on this one. One more attempt, of many, where Obama uses money we don't have on programs where the american populace should be self sufficiant and resiliant. Essentially, more handouts. What a surprise. It must be a pretty easy job being a liberal democrat. Your opposition takes away programs that give barrels of money away in a lame attempt to buy votes and you can point the finger and call them heartless hate mongers. Doesn't matter about the logic or the waste of programs, just as long as people 'feel good' about helping others, thats what matters I guess. Quite amusing.

Creepy...

[QUOTE=phosphor;2217591].

Blocked all aspects of accessing our own oil and in doing so, encourages to dependency on foreign oil and the fluctuations that come with it. He has made no attempt to take away subsidies as well.

Obama Blames Oil Companies For Lack Of Drilling
Obama claimed repeatedly that he is not against drilling, then made the following comments:

There is more we can do, however. For example, right now, the (oil) industry holds leases on tens of millions of acres — both offshore and on land — where they aren’t producing a thing. So I’ve directed the Interior Department to determine just how many of these leases are going undeveloped and report back to me within two weeks so that we can encourage companies to develop the leases they hold and produce American energy. People deserve to know that the energy they depend on is being developed in a timely manner.

I like Lam's continued attempts at feeding us the news, always republican negative.

It's good to have a forum with people who think differently.
In Lam's defense all I see the GOP do is take this take away that and give us nothing in return.

Me....I like to make sure both sides of bullshit is shown. So far both parties have suck a huge amount of balls.

Originally Posted by DOMS

Creepy...

LOL..How long has he been on?
Has he done anything? I am waiting for "change" but see the same.
I've said it before and I'll say it again, he's more of a celebrity President who loves the TV.
Don't be surprised if he does a reverse Reagan and becomes an actor.

Originally Posted by min0 lee

LOL..How long has he been on?
Has he done anything? I am waiting for "change" but see the same.
I've said it before and I'll say it again, he's more of a celebrity President who loves the TV.
Don't be surprised if he does a reverse Reagan and becomes an actor.

He became president and the first thing he did was start the talk show circuit.

You're undoubtedly correct about him going into entertainment. Hell, that's how he got his current job.


He speaks well.

Originally Posted by phosphor

Glad to see you turned it in, since your view is limited in scope. Obama continues to blather on about assisting the american public, again without any tangible solution. Blocked all aspects of accessing our own oil and in doing so, encourages to dependency on foreign oil and the fluctuations that come with it. He has made no attempt to take away subsidies as well.

I like Lam's continued attempts at feeding us the news, always republican negative. I agree with the republicans on this one. One more attempt, of many, where Obama uses money we don't have on programs where the american populace should be self sufficiant and resiliant. Essentially, more handouts. What a surprise. It must be a pretty easy job being a liberal democrat. Your opposition takes away programs that give barrels of money away in a lame attempt to buy votes and you can point the finger and call them heartless hate mongers. Doesn't matter about the logic or the waste of programs, just as long as people 'feel good' about helping others, thats what matters I guess. Quite amusing.

unless you work in the mortgage industry or have tried to work with a bank recently regarding a home loan modification then you wouldn't understand. it has to do with the banks not lending or willing to help troubled home owners because it simply isn't in their best financial interests.

it also has to do with the complete lack of any real world solutions coming from the GOP in all of these matters. these monies instead of being available to homeowners will be given away to corporations for more tax breaks that they don't need.

democrats = handouts

republicans = handups

Originally Posted by irish_2003

democrats = handouts

republicans = handups

how is a hand out to a corporation any different to that of a person when the supreme court recognizes corporations as individuals?

and please explain why the indexes at the NYSE have consistently increased in the past 40 years and yet payroll just about all non-farm markets have remained stagnant with the exception of the finance industry?

NYSE Composite Index Historical Graph

Originally Posted by LAM

unless you work in the mortgage industry or have tried to work with a bank recently regarding a home loan modification then you wouldn't understand. it has to do with the banks not lending or willing to help troubled home owners because it simply isn't in their best financial interests.

it also has to do with the complete lack of any real world solutions coming from the GOP in all of these matters. these monies instead of being available to homeowners will be given away to corporations for more tax breaks that they don't need.

Read the original thread again, your doing a shell game with your info:

"President Obama's four major initiatives to provide relief to hard-hit homeowners -- including his signature foreclosure prevention effort, the Home Affordable Modification Program (HAMP) -- are on the firing line as Republicans in Congress seek to seize the unused funds from the programs to help reduce the debt.

The Republican-controlled House voted Friday to end the Emergency Homeowners' Relief Program, which seeks to help unemployed or sick homeowners. That program was created in 1975 but has never received funding until last year's Wall Street overhaul bill set aside $1 billion for it. It is set to start accepting applications later this year.

On Thursday, the House voted to terminate the Federal Housing Administration's Refinance Program, which is aimed at helping borrowers who owe more than their homes are worth. That program, authorized under the Troubled Asset Relief Program, has only used $50 million of the more than $8 billion allocated for it since it launched in September.

Next week, the House is expected to vote on eliminating the $46 billion HAMP and the $7 billion Neighborhood Stabilization Program, which provides money to local governments and groups to fix up homes and communities devastated by foreclosure."
--------------------
The GOP vision is to cut back on the spending, including the handouts accociated with this thread. That is their real world solution. Obama wants to do the usual - throw more money at issues that derive from people not self-reliant and the fortitude to stand on their own 2 feet. More bandaid programs that does nothing longterm, pulling from a government account long ago bankrupt.

Foreclosure prevention? Pay your bills. Homeowners relief program? Get a job, you've had 2 years sucking off the governments tit already. Upside down in your loan? Poor baby, you made a poor choice on the home/area you bought - it's called life and the taxpayer isn't there to wipe your ass. Neighborhood stabilization program? Are you kidding me? That bozo wants to funnel money into foreclosed homes? That is what the private sector is for.

I'll say again, this is nothing but a class warfare game. Give the goodies to the people that have their hands out when they should be adults and big boys and girls. There are hardships - it's called LIFE. The right thing isn't to bail out corporations OR citizens from money we don't have, it's to make the appropriate and unpopular cuts to get this country back on track.

I guess some of you want the government to be the all-encompasing nanny for everything in your life. There are already plenty of countries out there with that philosophy, sans freedom of speach. The way things look, you'll have your way sooner or later.

Originally Posted by LAM

it also has to do with the complete lack of any real world solutions coming from the GOP in all of these matters. these monies instead of being available to homeowners will be given away to corporations for more tax breaks that they don't need.

Then what's the problem? If the money wasn't going to be sued like was supposed to be in the first place, why not go ahead and use it to pay down our debt?

Originally Posted by phosphor

Read the original thread again, your doing a shell game with your info:

"President Obama's four major initiatives to provide relief to hard-hit homeowners -- including his signature foreclosure prevention effort, the Home Affordable Modification Program (HAMP) -- are on the firing line as Republicans in Congress seek to seize the unused funds from the programs to help reduce the debt.

The Republican-controlled House voted Friday to end the Emergency Homeowners' Relief Program, which seeks to help unemployed or sick homeowners. That program was created in 1975 but has never received funding until last year's Wall Street overhaul bill set aside $1 billion for it. It is set to start accepting applications later this year.

On Thursday, the House voted to terminate the Federal Housing Administration's Refinance Program, which is aimed at helping borrowers who owe more than their homes are worth. That program, authorized under the Troubled Asset Relief Program, has only used $50 million of the more than $8 billion allocated for it since it launched in September.

Next week, the House is expected to vote on eliminating the $46 billion HAMP and the $7 billion Neighborhood Stabilization Program, which provides money to local governments and groups to fix up homes and communities devastated by foreclosure."
--------------------
The GOP vision is to cut back on the spending, including the handouts accociated with this thread. That is their real world solution. Obama wants to do the usual - throw more money at issues that derive from people not self-reliant and the fortitude to stand on their own 2 feet. More bandaid programs that does nothing longterm, pulling from a government account long ago bankrupt.

Foreclosure prevention? Pay your bills. Homeowners relief program? Get a job, you've had 2 years sucking off the governments tit already. Upside down in your loan? Poor baby, you made a poor choice on the home/area you bought - it's called life and the taxpayer isn't there to wipe your ass. Neighborhood stabilization program? Are you kidding me? That bozo wants to funnel money into foreclosed homes? That is what the private sector is for.

I'll say again, this is nothing but a class warfare game. Give the goodies to the people that have their hands out when they should be adults and big boys and girls. There are hardships - it's called LIFE. The right thing isn't to bail out corporations OR citizens from money we don't have, it's to make the appropriate and unpopular cuts to get this country back on track.

I guess some of you want the government to be the all-encompasing nanny for everything in your life. There are already plenty of countries out there with that philosophy, sans freedom of speach. The way things look, you'll have your way sooner or later.

ah yea...why is that every GOP solution comes at the price of the working class. half of the economic mess is directly caused by Wall Street but they haven't been asked to sacrifice a single thing.

and those funds will be shifted to other programs, just like always. they are never used to pay down the deficit, hence the current problem.

Originally Posted by LAM

ah yea...why is that every GOP solution comes at the price of the working class. half of the economic mess is directly caused by Wall Street but they haven't been asked to sacrifice a single thing.

and those funds will be shifted to other programs, just like always. they are never used to pay down the deficit, hence the current problem.

Yea, more of the poor man vs. rich man tactic. The solution is to stop all the handouts / cut spending, period. Why has Obama not asked wallstreet to sacrifice? You keep throwing the GOP under the bus, but you never ask the same question from the mesiah. Why does Obama want to keep giving money out that we DON'T HAVE regardless if it's wallstreet or 'the working class' or the 'unemployed class' (that wants more handouts)?

once again...when do the corporate hand outs stop if they stop for the working class? when do all the tax breaks end for billion dollar companies?

and why hasn't employee pay increased in US company's while profits have been so for decades?

Originally Posted by phosphor

Yea, more of the poor man vs. rich man tactic. The solution is to stop all the handouts / cut spending, period. Why has Obama not asked wallstreet to sacrifice? You keep throwing the GOP under the bus, but you never ask the same question from the mesiah. Why does Obama want to keep giving money out that we DON'T HAVE regardless if it's wallstreet or 'the working class' or the 'unemployed class' (that wants more handouts)?

your concept of rich vs poor is distorted. if you can't buy a car or house with a check you are poor..