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Home Buyers Watch for Gov Fire Sales

Discussion in 'Political Discussion' started by PatriotsReign, Sep 22, 2008.

  1. PatriotsReign

    PatriotsReign Rookie

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    If Barney Frank's plan works out, watch for the federal government holding auctions of foreclosed homes in the coming months. They'll go for dirt cheap prices.
  2. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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    #75 Jersey

    NO, they will not, Barney wants to foreclose AND THEN GIVE THE HOUSES AWAY TO THE POOR!!!

    Imagine what that will do to the vaule of YOUR HOME!
  3. PatriotsReign

    PatriotsReign Rookie

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    Let's all pray that doesn't happen. They won't be able to give away homes that have already been foreclosed upon though. I think you're saying instead of foreclosing on unqualified morgage holders, they'll re-structure their loan so they can keep the house...which is still bullsh1t.
  4. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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    #75 Jersey

    I would rather see all of them go belly up, screw em let them all fail.

    I pay my bills, it won't effect me, nonbody in my neighborhood has a subprime loan.

    This is going to be a grab to change from capitalism to socialism. Social engineering is EXACTLY what got us into this mess and it is the last thing that we need more of.
    Last edited: Sep 22, 2008
  5. PatriotsReign

    PatriotsReign Rookie

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    Sh1t...I agree with you again...DAMN!;)
  6. Michael

    Michael Moderator Staff Member PatsFans.com Supporter

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    #12 Jersey

    Yes, but luckily this is getting a lot of attention in the talk show circuit. I don't believe this will have anymore legs than Barney's attempt to allow non US citizens to become president.
    Last edited: Sep 22, 2008

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