Forum Post: Remedy for Real Estate Crash: U.S Government Pays Mortgages for Those Who Can't and Deducts Payment From Social Security
Posted 13 years ago on Oct. 16, 2011, 5:06 p.m. EST by FedWallFedWellFedUP
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Remedy for Real Estate Crash: U.S. Government to pay mortgages for those who can't pay for an initial two years and deduct from future social security liability. This shores up Real Estate Market temporarily and possibly restoring markets to normalcy.
Or abolish the monetary system? That's the talk on the streets. Yikes! Does that scare us or what? Our mind can't even go there, right?
No money at all?
Monetary System is unfair to the people and was not intended by the Fathers of our beautiful country. Only since 1913 and economic scholars including Ben Bernanke claim that The Federal Reserve Banks and our Monetary System which answers to no one not only caused the Depression, Stock Market Crash and Bank Runs but worsened the Depression once things started to improve slightly....all because The Federal Reserve raised interest rates through the Depression.
Maybe only from the SS accounts of the dead beats who can't/wont pay. Why punish all for someone's foolish, uninformed, gambling, uneducated purchase
Yes, from that person's specific social security account --- not an across the board deduction.
That's right. I am so tired of using understanding. Like stretching our brains to understand why someone else would be a dead beat. Understanding what happened to help that person to be that way just sickens me. Compassion on our fellow man when we could ostracize them makes no sense!
People either unwitting or by design got caught up in This Federal Reserve moral money way and Wall Street derivative scheme. At the end of the day -- it hurt everyone....everyone who owned a home, rents a home (rents on the rise), owns a business (businesses down across the board), has a pension (stock plan returns are dismal), gas prices (oil price down but gas still up at pump because of derivatives)...it goes on and on....The Bell TOLLS for all of us...when we let this unjustice happen to any one of us.
Really, I'm pretty happy with the way things are. Maybe people just made bad decisions?
Yes, bad decisions were made...but they have now effected everyone else who thinks that they have made the right decisions. So we need a remedy...to get the real estate and money markets working properly again.
Yeah, like they could at least say they are sorry and maybe we would forgive them and try to work harder and like longer hours and stuff. I mean everyone makes mistakes. Right? They probably meant well.
Yes, they should be sorry...the list is long of who should be sorry. Now here we are and we have to clean up this mess so our children and the children of this great country have the futures that we had...home ownership, education, career....this financial meltdown has put all of this at risk...like a financial plague that we all ending up catching.