Obama's Foreclosure Rescue Plan
http://ac360.blogs.cnn.com/2009/02/18/
qa-on-the-foreclosure-plan-and-what-
it-means-for-you/
posted by Jim Pillsbury @ 12:42 PM
5 Comments
Wednesday, February 18, 2009
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5 Comments:
Jim, how can one person keep abreast of all this information? Don’t get me wrong, I am glad you are doing it since I can’t get this same quick overview anywhere else, but man, how do you find the time and how do you understand all this mumbo jumbo?
Anderson,
I'm an outsider like the rest, looking to be better informed and responding to my neighbors who have asked me questions. I'm researching and trying to develop renewable energy devices and programs and need to find out what's happening around the world. My eyes are read at the end of every day now, I read more now, than any other time in my life. There's so much going on, every second of every day, around the world, that effects each of us in some small way. I can only interrupt what I've read and heard. It's not that I'm any smarter than anyone who reads this blog. I'm just at the point where I can't stand not knowing what decisions are made and no one knows anything about them. Like our State Government who maintains secrecy, unethical and illegal behavior, while they take our money and squander it on keeping them in office.
I digress... If we all knew more about what as going on... we'd be in a better position to make changes, before things get out of hand.
I don’t understand this. We are paying the bank $1000 to rewrite our loan, and then $1000 a year for 3 years if I pay my loan on time. You are rewarding the bank for me being resposible, and you are rewarding them with my tax dollars. Why aren’t I getting that reward for being responsible and paying my bills on time? This sucks, and anyone who says otherwise has not read all the fine print here. I don't know about you Jim, but I think things have already gotten out of hand.
I hope Obama does know what he is doing. None of this makes sense to me. Another bailout chunk of money for the car manufacturers? What did they do with the first batch we gave them? Stock market fell over 250 points yesterday. Held steady today, but did not make up any lost ground. I just want someone to answer 3 questions for me. First, when will the market stablize? Second, where is all the bailout money coming from? And third, when am I going to feel the difference in my life? I have been out of work for 4 months while me wife goes off to work every day. That is not right. She is not suppose to be supporting us. She never complains but I see it in her eyes, she is scared. What if her job goes away? The entire burden is on her shoulders. All I have coming in is an unemployment check, and even though we have months to go before that runs out, I am 50 yrs old. Where am I going to find a job? And when that unemployment check runs out, how are we going to survive? We are upside down on our mortgage, but we are up to date, at least so far. She stopped going out with her girlfriends, she does not buy flowers for the dining room table anymore, she gave up having her hair done, and I can not remember the last time we went out dancing, or to dinner, to the movies, or even just for a drink. She works all day and then comes home and has not much that is fun to look forward to. How long before this takes a toll on her physically? Woman are not meant to be the providers, although she is quite capable of doing it. American families are falling apart around us, and no one is even mentioning that fact.
Anon,
I can only guess on the answers.... but we ALL will have to do what needs to be done to survive, no matter our ages. We will go back to work. We are both thankfull the women in our lives have jobs.
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