700 billion bailout

lets wipe the slate clean and start over, the banks need to make some concessions and re-evalute loans at 3% interest across the board for everyone, allow a one year no payment on these loans to spur the economy, pay 15% on your saved money, regulate CEO commisions and bonuses and start a commitee that pays close f-in attention like the IRS at company profits and moniter thier accounting via internet, make large companies employ government employees at thier expense to baby sit and police thier accounting practices   anything else?

the most hated things in my life are banks and credit card companies, I would be real curious if the vote was put to the people not to the people who have thier money tied up with them. im fighting with my bank as we speak, after 5 years of being with them thye want to place enforced flood insurance on me which through thier ins company is 5k a year. I have 2 identical flood determinations, one saying im in a flood plane and one saying im not. well thier determination company says from thier photos taken from above via airplane shows me in a flood plane. Im screaming with these As-holes on how can you tell from above? what if my house is on 20 ft stilts?
what it boils down too is I have to hire a surveyor at my cost to straghten this out. If I hear "we need to protect our investment" one more f-in time, I may be pushed over the edge

eric lavine wrote: the most hated things in my life are banks and credit card companies, I would be real curious if the vote was put to the people not to the people who have thier money tied up with them. im fighting with my bank as we speak, after 5 years of being with them thye want to place enforced flood insurance on me which through thier ins company is 5k a year. I have 2 identical flood determinations, one saying im in a flood plane and one saying im not. well thier determination company says from thier photos taken from above via airplane shows me in a flood plane. Im screaming with these As-holes on how can you tell from above? what if my house is on 20 ft stilts? what it boils down too is I have to hire a surveyor at my cost to straghten this out. If I hear "we need to protect our investment" one more f-in time, I may be pushed over the edge

if you are in a flood plane it will be marked on the survey that was done when you bought the property, so if it not there your not in one. It is possible if you are close to one that a new boundry was determind if the area/land had been modified that would alter watershed but the FEDS determind all of that, insurance included, so sounds like a bunch of BS.

Retracted...

Banks use "flood certs" to determine if a property is in the flood plane or not. You're right in that if it's close, how the heck can they tell? I have a flood map program that will tell me if the property is in or out of the program. I don't see that it is as accurate as me going to the property and looking at it and then looking at the map, but even sometimes when I do that, I can't make a determination.

Sometimes part of the property is in the flood zone, but not the improvements, which is their concern. Sometimes you've got to hire a surveyor and prove your case.

i got a price from a friend of a friend to survey it and he is at 750.00, I'll make a couple more calls and get it done

dont check your IRA this morning, I think its more than a crises Kris, wallstreet dropped 1.2 trillion, no money is moving.
Nancy Pelosi needs a little something in the mouth to shut her up, I dont agree with the taxpayers footing the bill, but one thing i do know is you need the cash flow to keep the economy running, even if its negative you need the money flowing, you cant stall an economy as whats happening. it will effect us in the short term and this isnt a back page news article. we are all in trouble

Pelosi is no leader. Talk about being unqualified for the job. Her job was to get it passed, but she couldn't restrain herself and she had to run her mouth.

any feedback on the debate?
i think we'll have alot of fence jumpers

i cant give out polictical preference, its unethical lol
BTW Greg i have a great movie i think you would enjoy, or Adam even. go to google click on video's and type in money masters 1

eric lavine wrote: what i really want to know is who winds up with all the foreclosed houses, the banks that wrote the bad loans or the government who is bailing the bad loan writers out

Don't worry about that Eric, the government's going to sell them and make "all" of our money back, you did know this was just a "loan" right?

I watched the debate last night... what did you all think?=

I heard McCain say that and I just about s**t. Talk about incentive to stop making payments.

They'll get the boat or something....if I know how people are now-a-days.

Kinda cool Luciano to think of you being interested enough to watch our political goings-on down there. I gotta guess that not to many guys here evne know what type of political system you guys have!

You and Maite doin' ok? Business going good?

john

the average home in Cape Coral Fla 5 years ago was 250k, now you can snag the same home for 80k, I was in Cape Coral 5 years ago visiting and my friend was bragging that in 5 more years his home would be worth 500k because of the growth, he passed rest his soul, but he would roll over.

If we adjusted home rates it should be accross the board, for everyone, the ones in trouble and the ones that are not,
there still are people out there with these arm loans that can afford to make the payments but had bad credit at the time, we need the extra cash flow in the economy to bye everyday things, lets say if you had a house payment of $1500 per month and it was re-adjusted and dropped your payment to 750.00 you would have a surplus of money to save or to put back into the economy
you cant turn the other cheek on this one, the world is watching and i do agree on what both canidates talk on Foriegn policy, we need alternative fuels NOW, we cant keep fueling other countries economy's, some countries have different motives....700 billion a year goes abroad for oil and into the hands of the people that ran into the buildings...thats just oil
Cars are another topic, we need to buy them within the walls of this country and keep the money here.
I didnt just hop on the bandwagon, i follow this stuff and always have and some may say im a conspirasist, Check who owns the Federal Reserve.....not the people, but a private corporation or maybe thats a conspiracy too