Comments on: Bush Signs Massive Housing Rescue Bill http://wallstreetpit.com/350-bush-signs-massive-housing-rescue-bill Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: taylor http://wallstreetpit.com/350-bush-signs-massive-housing-rescue-bill#comment-2744 taylor Tue, 23 Sep 2008 13:11:40 +0000 http://wallstreetpit.com/?p=350#comment-2744 Well who is going to get rich off the taxpayers with this bill? Bush SR. S&L Deja Vu all sounds too familiar! Lets see how this system works! You get loan on a home for astronomical rates and pay 5 years only to lose it! All the downpayments and interest are pocketed by CEO's and upper management! They foreclose and send out a House buying buddy to purchase your home at auction for 30 percent of its value and resale making a fortune. Wow they get big bonuses off original deals then make a fortune in the buzzard market of buying at auction and resaling again only this time they pocket all the profit! To heck with a bailout! I lost my home and no one bailed me out! I have bad credit and work crazy hours to make ends meet and feed and cloth my kids! WE HAVE NO HOME BUT I STILL PAY TAXES! If anything use the tax dollars and fund a fanny mae type institution and use these tax dollars to put homeless working people in homes again! You give this to these institutions and we have no hope of ever owning a home because we got caught up in this scam and our credit is ruined! There is no rush like these lawmakers are saying! The rush is only to leave loopholes so their buddies can exploit the taxpayers! A bill this size needs to wait until after the election! It has been going on for years now so why the BIG RUSH to pass it? Reaps of a bid Bush rip off to me! Hmm I wonder if Neil Bush has his hand in this one too! Well who is going to get rich off the taxpayers with this bill? Bush SR. S&L Deja Vu all sounds too familiar! Lets see how this system works! You get loan on a home for astronomical rates and pay 5 years only to lose it! All the downpayments and interest are pocketed by CEO’s and upper management! They foreclose and send out a House buying buddy to purchase your home at auction for 30 percent of its value and resale making a fortune. Wow they get big bonuses off original deals then make a fortune in the buzzard market of buying at auction and resaling again only this time they pocket all the profit! To heck with a bailout! I lost my home and no one bailed me out! I have bad credit and work crazy hours to make ends meet and feed and cloth my kids! WE HAVE NO HOME BUT I STILL PAY TAXES! If anything use the tax dollars and fund a fanny mae type institution and use these tax dollars to put homeless working people in homes again! You give this to these institutions and we have no hope of ever owning a home because we got caught up in this scam and our credit is ruined! There is no rush like these lawmakers are saying! The rush is only to leave loopholes so their buddies can exploit the taxpayers! A bill this size needs to wait until after the election! It has been going on for years now so why the BIG RUSH to pass it? Reaps of a bid Bush rip off to me! Hmm I wonder if Neil Bush has his hand in this one too!

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