Deadbeat Bailout

Why 877469432218774694322. That is the toll free. Number of the -- car show if you would like to -- to join us here 18774694322. Just one thing to reader about the mosque before we move on -- for next populace is Michael good one in the New York Post. He's got a good good. Column today don't play the bigotry card might -- Mayor Bloomberg. Calling the 9/11 attacks an act of for the left nearly 3000 dead including your -- first responders Bloomberg declared. We do not honor their lives by denying the very constitutional rights they died protecting. Who we info away. Says Michael good when nobody is denying anybody's constitutional rights and hijacking 9/11 to defend moss turns reality on its head. Muslims freely and openly practice their religion throughout the five -- appoint reinforced by the decision of the landmarks preservation commission. To allow demolition of the existing buildings on the site. The mosque battle as I have argued is a simple matter of location only and use controversy -- in raw emotion. The question is not whether there should be another mosque in New York it's whether one is appropriate on this site. As the anti defamation league argued in opposing the mosque it's not a question of rights but a question of what is right. Building an Islamic center in the shadow of the World Trade Center will cause some victims more pain unnecessarily and that is not all right. I agree. -- 1877469432218774694322. Here's one. They say fish and birds -- the wedge shot. That's this is for somebody New Hampshire than there which don't care Collette a virtual hunter and fisherman though do that's -- from Plymouth. It's not the ball in this or the sinker thereafter it's the elemental led led as a -- long lasting mural toxin. Like Mercury that's why we don't have lead paint leaded gasoline it's not -- harangue against hunters. Oh I disagree I think it is -- harangue against hunters this crowd doesn't like hunters are you kidding me. Say the hunters are for the Second Amendment these people wanna get rid of the Second Amendment the Second Amendment is on the table. Ask justice Kagan. All right now one of talk about this this is the newest bailout we talked about this before about how war the government keeps coming to the assistance of all these deadbeats who why have these houses they couldn't afford maybe -- bottom and now they expect to be bailed out. This is just craziness on this of this one this latest -- story and I guess it's more than a rumor. Rumors -- this is from -- this is from Reuters rumors are running wild from Washington to Wall Street that the Obama administration is about to order government control lenders Fannie Mae and Freddie Mac. To forgive a portion of the mortgage debt of millions of Americans who -- more than what their homes or -- An estimated fifteen million US mortgages one in five or underwater with negative equity of some 800 billion dollars. So. If you who. Bought wisely. And pay down your mortgage rather than using your house is an ATM and you're not underwater. You're not gonna get. Help from the government but if you act of like a DM four. And up and spend money key endlessly in foolishly on trips to the Caribbean or Iran. How Mercer early on flat screen TVs now the government is gonna bail you out how how can this. Be possible. Republican leaders believe this is going to happen since GOP years and democratic moderates in the senator unwilling to spend more taxpayer money on more stimulus. But such a housing plan would allow the White House such. -- student he sidestepped congressional objections and stood up and show voters it is doing something tangible about an economy that's weakening.

Howard tonight and a kiss off everybody who's not underwater and everybody who is they've been paying off their mortgages. And hasn't gotten in over their heads.

They face the policy makers of based not only a stalling recovery but a growing risk of deflation taking root in the economy as a result the administration is turned back to industrial policies by approving the purchase of a sub prime model lender by GM. As a means for pumping up domestic sales. This president increases the risk that the government will use its controller Freddie and Fannie to increase consumer cash flow juice the economy again. How they -- cash for clunkers really work it just that jacked up the sales for awhile. And then once -- cash for clunkers ended the sales plummeted again. You know he was on his victory -- Be the Big Three so called. And the but the sales lagged last month they were they were below predictions. Keep in mind the political and economic content context the quote unquote recovery is running out of steam. Wall Street economist just downgraded the government's second quarter GDP estimate of 2.4 percent tore around one point 7%. Treasury Secretary Geithner is warning the unemployment rate may well begin to rise back towards the politically toxic 10% level given such sluggish growth. But political content calculation of the White House is that the number of grateful Americans would be greater than those offended that they and their grandchildren. Their children and grandchildren would be paying for someone else's mortgage was do you wanna pay to bail somebody else out. Do you. Do you think the guy down the street who was -- back to this -- these Brazilians in Everett the we're talking about a couple of nights ago. Beat these Brazilians they they spent a 100000 dollars on a that the -- to -- a up piece of crap -- and I Everett. And then they use it as an ATM and another bank's about the foreclose on Tuesday a 490000. Dollars on the house they experiment a 100000.

So elicited so that would they get them they get a bailout now did they get does submit bids so they get all that money free I guess that be that used to be available. -- so those Brazilians would get all the money they all looked 390000. They took out they would they would it would be free. Right for the government. You'll be free from the government a gift. From the Democrats to be paid off by. The taxpayers of the United States of America this that wow what a great idea this is. And the other thing too is they've been having these loan modification programs now for a couple of years right people go away and Andy renegotiate their loans. And diet and guess what they've they've been doing studies. About how the how the new -- refinancings. Have worked with the with a deadbeat. Community and they're still Ben -- over 60% of them haven't paid any money back. We just gotta lower grade and then postponed a day of reckoning but they're not paying any money. How much is this gonna cost you what I just can't believe it. 18 sell you saw the government's Guinness enjoy a letter and say you're dead beat -- live -- a crappy neighborhood that voted democratic. And you don't you don't pay your you don't pay your bills so guess what we're gonna we're gonna take away part of the money you'll. What little why were you why you sign up. We're I don't why a white. Male heterosexual. Taxpayer why don't why go for my hand out. David your next with how we -- ahead David.

If you're timing of some believe Obama -- today would chase state. I've been in my hopeful fourteen years there -- a victim identity theft they found the guy it was that illegal alien. Well I'd probably not since February we've never missed -- mortgage payment I called today to say you know what we -- interest rates 6%. -- him credit is ruined because movie the EU identity that's like your refinance radio. Which US that they talked to me oh we can't do that but you look predator obamas went -- punch in the numbers with a whip so there's you're not eligible. Like all the records and I've never missed a payment. If you don't lower it I could certainly be get aligned it -- ten months off from my mortgage and then he would deadbeat and then you look at it but right now you won't the problem is. There's no local banker anymore if I liked how we tribal local baker thirty years ago you would say. Oh -- good guys don't you are here in the community is that your congress it's 6%. I have better risk exporter have percent yes -- war and they want to wait before it's unbelievable it.

But there are gonna do something for these deadbeats.

Absolutely it's it's it's got so frustrated. --

Thanks thanks David 18774694322187746943. Duke -- So besides the resilience that barrel robot who is a few days ago if they get the 390000. Dollars forgiven I mean they're going to be don't. How was crazy we should've part of -- and we should've gone in the hopes on the hope for a million. 18774694322. Count your next with how we cargo ahead canned.

Job once thought I expect the government does anything at all in terms of giving any kind of relief. Why not let it keep people would have you know retirement funds investing some things like that. If there in trouble can't -- it Mauritius and the only in the water. Allow them to withdraw.

That's a good idea I'd vote for that if you want introduced as legislation congressman car world for that. -- But don't tell why they don't argue that you know why they don't wanna do that is people will 41 K -- and IRA they've been there workers most of this is not the constituents of the Obama administration. Billy by letting you take that 41 K airport morale IRA money out there losing tax dollars that they can give to their deadbeat constituents.

All I -- let it must bookmark factors I -- may be -- some -- the fact citizens about the position but don't get what penalty. If there aren't a 59 yeah well and I I I think that might be your fairway you'll pro -- you know more moderate. You know can be number of people on him the situation.

but you know everybody's going to be hit on. With a with a what amounts to a penalty who watch. Past -- while -- we'll start -- money out next year. Because they got taxes are going up and Geithner is a Geithner the tax cheat -- says that that they can't they can't cut the taxes on the top 2%. These he's huge he's insist that they have to pay their fair share. Not that he ever paid history not that he ever paid is unfair share let alone his fair share but now he's -- now it's hard liner. Thanks to a call -- day of your next with how we cargo ahead they've.

Ali try to read my mind I would like to know what -- demographics says these are the beneficiary of this proposed program. But my guess is it is not the productive class but instead be as your friend are pleased to say in the seventies the parasite class.

Yeah I would guess that's I would guess that's true and I would think -- that. That there will not be asking about anyone's. It citizenship. When they -- when they start handing out the free money.

Well they're just like just like when they go to vote how -- does not trust the prop.

Thanks for the call -- 18774694322. John you're next with Howie -- go ahead John.

Already know what I thought there'd be some democratic outrage about that hypocrisy of the whole our home buyer tax credit inkjet for what this program. Because really what do you think about it. A lot of Lori -- all citizens who couldn't afford to buy a car or play by the rules that Lotta love by a home. Are actually bailing out an end and grant they know special. Status to people who good.

They just they just wanna save their hides. John you know that that's all this is about they just wanna -- they just wanna try to you know run up a few more debts to buy some votes battery. I don't even think the people are gonna be given money to probably voter they're not gonna. It's not a long term solution anyway they're gonna continue to default I mean that these are the people are gonna be getting most of the people are gonna be getting this money if they do what. I would guess are not going to be able to keep the house anyway that's speed that's the lesson of the earlier bailout programs right.

They did it just seems like they're picking winners and losers and you know they pick a winner and -- winners and automotive they picked. -- buying and it -- to gain much you know shouldn't be quite.

No it isn't no it doesn't not the free country it shouldn't be played. Thanks for the call John 18774. Its its like third a Third World nations you know I mean if you're in what the if you're in with the ruling class shall be taken care. 18774694322. And the they everyone else will pay the tab the productive citizens. Will pay the tab for the non productive. John Ed Brian you're next with how we cargo -- Brian.

Ali is almost like lord of twilight salt. He's got trap that President Bush's action so we can rub it wet but what Jack did you know you got beat go to work -- wanting to get ejected. They egg and and we can start to wait you don't pay checks is you don't get up to -- and -- knowledge can't deploy it. And each and every -- Village just aren't blue oval. What are you Obama cannot --

And any other thing amendment for the program to say we don't think anybody's gonna get angry about us and all I think they are getting DNA -- just got. I'm receiving just reading the story about the the the rumors about this thing.

I know I mean why don't we should be outraged that. I can't wait for November to come I don't. Usually don't you what we stay well don't don't don't don't make you about the seven million new orders for all age. It and -- very. I can I enemy shouldn't do it into. Should be external. It's pretty well why do -- don't tell.

I know who I couldn't agree with you more Brian thanks for the call 18774694322. Yes if you work for a living big wanna raise your taxes in. January if you're a deadbeat and again you you manage your money poorly and you used your house is an ATM. You're gonna get some free money maybe. How does that for how does that work. How does not work 18774694322. -- car. My little world yeah it'll.

Here's the facts haven't mentioned that the follows come up support of the mosque at ground zero no I haven't -- your right I should do I should say that. Here's one for Maine I work seventy plus hours a week to support my family pay my mortgage my taxes -- why do liberals make me puke in my mouth. That's John in Newcastle. 1877469432. To build your next with how we cargo -- bell.

All right REI. It is one thing that letter repeated again. I got a bill problem there state of Massachusetts. True all of them and (%expletive). Yeah. It's true. What do they what do they wanna get your four. -- or how much will look to what what was the chart march. Only votes votes. All right tell me that they let that well police said just this -- cost we. Order -- But do that yeah well. Well act -- only if you -- it gave people all they're negotiating well. -- You don't read it you know eight trillion. Well I. Spoke illusion. I'm --

I believe that I believe it I just I just got a bill from my little corporation -- my -- corporation as a may be money this year but I got a bill what the dug up in the secretary of state some money.

I believe and opened it yet. They still feel like open and it considering they were making money. 18774694322. We will be back and Howie --

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