Comments on: The Top 10 Reasons Why Congress Should Not Pass The $700 Billion Bailout Plan http://thetop10reasons.com/the-top-10-reasons-why-congress-should-not-pass-the-700-billion-bailout-plan/ Tue, 03 Apr 2012 18:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: The Top 10 Reasons To Close The IRS | The Top 10 Reasons http://thetop10reasons.com/the-top-10-reasons-why-congress-should-not-pass-the-700-billion-bailout-plan/comment-page-1/#comment-971 The Top 10 Reasons To Close The IRS | The Top 10 Reasons Wed, 04 Feb 2009 19:26:16 +0000 http://thetop10reasons.com/?p=179#comment-971 [...] one of them is going bankrupt. GM and Chrysler have asked for $7 Billion each from the second bailout plan to stay afloat. In 2007 General Motors paid $37 BILLION DOLLARS in income taxes. Here is a great [...] [...] one of them is going bankrupt. GM and Chrysler have asked for $7 Billion each from the second bailout plan to stay afloat. In 2007 General Motors paid $37 BILLION DOLLARS in income taxes. Here is a great [...]

]]> By: The Top 10 Reasons The U.S Government Should Become A Mortgage Lender | Real Estate - Home Mortgage - Foreclosure http://thetop10reasons.com/the-top-10-reasons-why-congress-should-not-pass-the-700-billion-bailout-plan/comment-page-1/#comment-960 The Top 10 Reasons The U.S Government Should Become A Mortgage Lender | Real Estate - Home Mortgage - Foreclosure Thu, 25 Dec 2008 17:01:16 +0000 http://thetop10reasons.com/?p=179#comment-960 [...] a look at some ways to correct the situation. With the U.S Government deciding to pass this stupid $700 Billion Bailout Plan which was supposed to correct the instability in the stock market (we all knew it was not going to [...] [...] a look at some ways to correct the situation. With the U.S Government deciding to pass this stupid $700 Billion Bailout Plan which was supposed to correct the instability in the stock market (we all knew it was not going to [...]

]]> By: The Top 10 Reasons The U.S Government Should Become A Mortgage Lender | The Top 10 Reasons http://thetop10reasons.com/the-top-10-reasons-why-congress-should-not-pass-the-700-billion-bailout-plan/comment-page-1/#comment-587 The Top 10 Reasons The U.S Government Should Become A Mortgage Lender | The Top 10 Reasons Tue, 07 Oct 2008 16:20:55 +0000 http://thetop10reasons.com/?p=179#comment-587 [...] a look at some ways to correct the situation. With the U.S Government deciding to pass this stupid $700 Billion Bailout Plan which was supposed to correct the instability in the stock market (we all knew it was not going to [...] [...] a look at some ways to correct the situation. With the U.S Government deciding to pass this stupid $700 Billion Bailout Plan which was supposed to correct the instability in the stock market (we all knew it was not going to [...]

]]> By: Brad G http://thetop10reasons.com/the-top-10-reasons-why-congress-should-not-pass-the-700-billion-bailout-plan/comment-page-1/#comment-579 Brad G Tue, 30 Sep 2008 21:12:36 +0000 http://thetop10reasons.com/?p=179#comment-579 @ Andrea Nothing will help the housing crisis. After thinking about it, is there really a housing crisis? A housing crisis is when there are not enough places for people to live. There are homes everywhere vacant waiting for somebody to move in. Houses are not falling apart. There are homes every where to buy at prices that are 35% less than your neighbor who bought the house 2 years ago. If anything, this is a blessing in disguise. Average people will be able to afford homes again. The companies that are able to weather the storm will be the strongest banks in the country. All that the government is saying is that they are going to use your paycheck to buy a bunch of foreclosed homes and crappy loans that will never get paid back. Sounds like bad financial advice to me. The markets will correct themselves in time. They always do. @ Andrea

Nothing will help the housing crisis. After thinking about it, is there really a housing crisis? A housing crisis is when there are not enough places for people to live. There are homes everywhere vacant waiting for somebody to move in. Houses are not falling apart. There are homes every where to buy at prices that are 35% less than your neighbor who bought the house 2 years ago. If anything, this is a blessing in disguise. Average people will be able to afford homes again. The companies that are able to weather the storm will be the strongest banks in the country. All that the government is saying is that they are going to use your paycheck to buy a bunch of foreclosed homes and crappy loans that will never get paid back. Sounds like bad financial advice to me. The markets will correct themselves in time. They always do.

]]> By: Andrea http://thetop10reasons.com/the-top-10-reasons-why-congress-should-not-pass-the-700-billion-bailout-plan/comment-page-1/#comment-578 Andrea Tue, 30 Sep 2008 20:49:34 +0000 http://thetop10reasons.com/?p=179#comment-578 I agree with you......and then I don't. The scary thing is, even if they modify the bailout plan and it passes....will it really help everyone? The markets could still do crappy and they probably will for a long time. Then if it does pass, will that help the housing crisis? Guidelines would still probably tighten (as they should) and it might help good people who deserve credit get a house. I really don't know what to think about it.....i'm just nervous because my job is controlled by the mortgage business and housing. Yes, houses will always be available and we will "find a way" to get through this....but when? I think that's the question everyone wants an answer to. Yikes Brad G. Yikes. I agree with you……and then I don’t. The scary thing is, even if they modify the bailout plan and it passes….will it really help everyone? The markets could still do crappy and they probably will for a long time. Then if it does pass, will that help the housing crisis? Guidelines would still probably tighten (as they should) and it might help good people who deserve credit get a house. I really don’t know what to think about it…..i’m just nervous because my job is controlled by the mortgage business and housing. Yes, houses will always be available and we will “find a way” to get through this….but when? I think that’s the question everyone wants an answer to.
Yikes Brad G. Yikes.

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