"Loan Modification Program" was a huge success!

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SpurHunter

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Cliff Hanger: Nearly $1 Trillion in Alt-A and Adjustable Rate (ARMs) mortgages are up for resets over the next 30 months. Hold on tight folks -- Default rates will likely rival those of the subprime mortgage crisis (2008 & 2009). Good Grief.</p>

CNN Money: "The nation is sinking deeper into the mortgage crisis. The share of seriously delinquent loans in the fourth quarter jumped 21% over the previous quarter, regulators said Thursday."</p>

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Ok, so now I am to believe that this ObamaCare plan will ALSO fix the insurance troubles we have in this country? I am honestly scared to death folks. </p>

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Let's see how many "this is GW's fault" and "it could have been much worse" posts surface. Seems to be the usual excuse.
 
bbdown - 3/26/2010 1:38 PM

Let's see how many "this is GW's fault" and "it could have been much worse" posts surface. Seems to be the usual excuse.
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No doubt that bovine scatology is about to be spread.
 

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