Harry Williamn
09-28-2008, 06:21 PM
Some of you may laugh and mock and seek to make fun of this plan because you may well be ignorant of the
problem and its root cause hence you are simply "mind boggled" when it comes to "wrapping your brains"
around the problem and then again you may simply be one of the "Automatons" which "mouth" the sound bytes
of propaganda forced fed to you daily by the likes of Fox New,Glen Beck,Rush (Porker) Limbaugh,Laura Ingram,
Hannity and Combs and O'reily....mouth pieces for the rich and wicked in the USA.
The solution is simple and the "devil" is not in the details but the greedy and ignorant mindset of some of the
American....usually the "Automatons!"
The Problem: BAD MORTGAGE LOANS. Why are they Bad Mortgage Loans? because the people who got the
loans ( like any bad loan) either will not pay or cannot pay!
These Bad mortgage Loans are owned by someone or some institutions. These bad loans has caused some of
these holders to end up in financial trouble.
Solution is so simple that escapes the minds of Automatons and the ignorant.
Step (1) Pass a Federal Law immediately which mandates a mandatory sentence of $500,000 fine and Ten
years in Federal Prison with no Parole for eight years for anyone caught trying to "Game" the system which will
give the solution.
Step (2) All the people who have been foreclosed upon and who are struggling to pay the their current
mortgages shall have those loans taken over by the federal Government Via Fannie Mae and Freddy Mack.
We must make it abundantly clear we are only going to rescue people who actually live in the home and not
those who have investment property and only those who can demonstrate they have been paying their loans
and could not pay because of the rise in payments which they could not pay or and they lost their jobs.
The Government shall reset the Loans to where they can pay and levy a $5.00 Tax per loan every month and
most of the payments should be equal to the current rent which they are paying at present or at the level
they were paying at the time they got the loan.
Not a black cent of Tax payer Money for the businesses.As for they cost of purchasing the loans away from the
troubled businesses which owns the loans ...the cost shall not exceed what they paid for those loans because
when one buys Bad debts one buys it at pennies on the dollar.
Prove me wrong pundits bring it own critics!
problem and its root cause hence you are simply "mind boggled" when it comes to "wrapping your brains"
around the problem and then again you may simply be one of the "Automatons" which "mouth" the sound bytes
of propaganda forced fed to you daily by the likes of Fox New,Glen Beck,Rush (Porker) Limbaugh,Laura Ingram,
Hannity and Combs and O'reily....mouth pieces for the rich and wicked in the USA.
The solution is simple and the "devil" is not in the details but the greedy and ignorant mindset of some of the
American....usually the "Automatons!"
The Problem: BAD MORTGAGE LOANS. Why are they Bad Mortgage Loans? because the people who got the
loans ( like any bad loan) either will not pay or cannot pay!
These Bad mortgage Loans are owned by someone or some institutions. These bad loans has caused some of
these holders to end up in financial trouble.
Solution is so simple that escapes the minds of Automatons and the ignorant.
Step (1) Pass a Federal Law immediately which mandates a mandatory sentence of $500,000 fine and Ten
years in Federal Prison with no Parole for eight years for anyone caught trying to "Game" the system which will
give the solution.
Step (2) All the people who have been foreclosed upon and who are struggling to pay the their current
mortgages shall have those loans taken over by the federal Government Via Fannie Mae and Freddy Mack.
We must make it abundantly clear we are only going to rescue people who actually live in the home and not
those who have investment property and only those who can demonstrate they have been paying their loans
and could not pay because of the rise in payments which they could not pay or and they lost their jobs.
The Government shall reset the Loans to where they can pay and levy a $5.00 Tax per loan every month and
most of the payments should be equal to the current rent which they are paying at present or at the level
they were paying at the time they got the loan.
Not a black cent of Tax payer Money for the businesses.As for they cost of purchasing the loans away from the
troubled businesses which owns the loans ...the cost shall not exceed what they paid for those loans because
when one buys Bad debts one buys it at pennies on the dollar.
Prove me wrong pundits bring it own critics!