Banks to get 26 Billion dollars to help homeonwers

[Shooter McGavin]

Banks are going to get 26 Billion dollars to help American homeowners who are upside down on their loans. For those who have lost their home due to being upside down in their home will receive $2000. This should help about 1 million homeowners.

If the US federal government by passed the banks and went straight to those 1 million home owners they could get 26 million each. You would think they could help more people out with 26 billion dollars. Just another way to funnel money to the banks. They don't give a shit about the Americans who are upside down in there homes and this shows it. Also, where is this money coming from?

 

[jasonk]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">
If the US federal government by passed the banks and went straight to those 1 million home owners they could get 26 million each.
</div></div>

Time for some remedial math lessons.

 

[wfjames22]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">If the US federal government by passed the banks and went straight to those 1 million home owners they could get 26 <span style="text-decoration: line-through">million</span>THOUSAND each.
</div></div>

Fixed it for ya.

 

[Shooter McGavin]

Re: Banks to get 26 Billion dollars to help homeonwers

My bad thanks for looking out. In my haste to get out my out rage that the banks will be receiving more money I made an error. So, everyone would get $26,000 instead of $26 million.

Still they shouldn't get anything. They made they deal, no one put a gun to their heads and said sign this contract.

 

[High Binder]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">
Still they shouldn't get anything. They made they deal, no one put a gun to their heads and said sign this contract. </div></div>

This whole 'stimulus' has nothing to do with helping the homeowners the only reason they're getting anything is to justify the guise. It's just a simple transfer of wealth from the taxpayers to the banks. See: TARP.

 

[Maggot]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">My bad thanks for looking out. In my haste to get out my out rage that the banks will be receiving more money I made an error. So, everyone would get $26,000 instead of $26 million.

Still they shouldn't get anything. They made they deal, no one put a gun to their heads and said sign this contract. </div></div>

Been saing that for years. Got a pal who bought a $450,000 home. He makes about $60,000 per year. The bank "gave" him an extra $5o,000 to take a vacation, buy all new furniture, etc. etc. Now hes upside down and way behind and pissed at the banks who "screwed" him. He got really mad when I laughed in his face.

I live in a $150,000 home thats paid for, and Im quite comortable here. As Wil puts it.....Laffin

 

[zmann]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: High Binder</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">
Still they shouldn't get anything. They made they deal, no one put a gun to their heads and said sign this contract. </div></div>

This whole 'stimulus' has nothing to do with helping the homeowners the only reason they're getting anything is to justify the guise. It's just a simple transfer of wealth from the taxpayers to the banks. See: TARP. </div></div>

Am I the only person who happened to notice the partial audit of the federal reserve? Thanks to Ron Paul and a few others, they found that between 2007-2010 timeframe the fed dished out 16 TRILLION to US and Foreign Banks.

http://tobefree.wordpress.com/2011/11/16...verywhere-from/

 

[High Binder]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: zmann</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: High Binder</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">
Still they shouldn't get anything. They made they deal, no one put a gun to their heads and said sign this contract. </div></div>

This whole 'stimulus' has nothing to do with helping the homeowners the only reason they're getting anything is to justify the guise. It's just a simple transfer of wealth from the taxpayers to the banks. See: TARP. </div></div>

Am I the only person who happened to notice the partial audit of the federal reserve? Thanks to Ron Paul and a few others, they found that between 2007-2010 timeframe the fed dished out 16 TRILLION to US and Foreign Banks.

http://tobefree.wordpress.com/2011/11/16...verywhere-from/

</div></div>


Great find! 16T is 2T over our GDP! How can this not be a conscious effort to destroy the U.S. from within?

 

[zmann]

Re: Banks to get 26 Billion dollars to help homeonwers

And the majority of our 'still asleep' nation thinks the Federal Reserve bank is part of our government.

 

[Krav69]

Re: Banks to get 26 Billion dollars to help homeonwers

Ah, paying people to stay in houses that they can't afford.

Nothing like proping up the dead...

The housing bottom won't be hit until there's that last mercy flush.

Remove the overleveraged deadbeats soonest...

 

[at4rxj]

Re: Banks to get 26 Billion dollars to help homeonwers

The people will probably see $6000, and the bank will get the other $20,000 because of fees and such...

 

[Maggot]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: High Binder</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: zmann</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: High Binder</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Shooter McGavin</div><div class="ubbcode-body">
Still they shouldn't get anything. They made they deal, no one put a gun to their heads and said sign this contract. </div></div>

This whole 'stimulus' has nothing to do with helping the homeowners the only reason they're getting anything is to justify the guise. It's just a simple transfer of wealth from the taxpayers to the banks. See: TARP. </div></div>

Am I the only person who happened to notice the partial audit of the federal reserve? Thanks to Ron Paul and a few others, they found that between 2007-2010 timeframe the fed dished out 16 TRILLION to US and Foreign Banks.

http://tobefree.wordpress.com/2011/11/16...verywhere-from/

</div></div>


Great find! 16T is 2T over our GDP! How can this not be a conscious effort to destroy the U.S. from within? </div></div>

Thats the point. Question is, who will inherit the power. I think a few of us have that answer, and the rest have their heads in the sand.

 

[High Binder]

Re: Banks to get 26 Billion dollars to help homeonwers

"The Top 12 Reasons Why You Should Hate the Mortgage Settlement"

Look here: http://www.huffingtonpost.com/yves-smith/mortgage-settlement_b_1264806.html

It includes this nugget: "That $26 billion is actually $5 billion of bank money and the rest is your money. The mortgage principal writedowns are guaranteed to come almost entirely from securitized loans, which means from investors, which in turn means taxpayers via Fannie and Freddie, pension funds, insurers, and 401 (k)s. Refis of performing loans also reduce income to those very same investors."


This thing has corruption written all over it.

 

[Casey Simpson]

Re: Banks to get 26 Billion dollars to help homeonwers


Search "Rothschilds". Here's your answer to your question "What's going on here"?

Really. Do it. You will see. Blows the mind.

 

[Fred_C_Dobbs]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: High Binder</div><div class="ubbcode-body">"The Top 12 Reasons Why You Should Hate the Mortgage Settlement"

Look here: http://www.huffingtonpost.com/yves-smith/mortgage-settlement_b_1264806.html

It includes this nugget: "That $26 billion is actually $5 billion of bank money and the rest is your money....</div></div>
It's <span style="text-decoration: underline">ALL</span> your money. Banks don't print their own, it <span style="text-decoration: underline">ALL</span> once was in private pockets.

The federal government in the guise of ACORN pressured banks either to make NINJA loans or be publicly tarred as supporting institutional racism. So they loaned billions to people who had neither the wherewithal to repay the loan nor sense enough to realize they were getting in over their heads.

So now the federal government is penalizing the banks for following federal guidelines. Only the banks won't be paying a red cent of this settlement, you and I will be paying for it all in the form of increased bank charges and transaction fees.

 

[WRM]

Re: Banks to get 26 Billion dollars to help homeonwers

I've been watching the "derivatives". That $26B is nothing compared to the $248 TRILLION house of cards that is fixing to fall....

http://usawatchdog.com/dollar-and-america-on-the-road-to-ruin/

Bet you didn't know there was that much money in the whole world?...

Hold onto you hats, it's going to be a rough ride....

 

[RichardTractorGuy]

Re: Banks to get 26 Billion dollars to help homeonwers

I think this is a helpful site for preparation. I have been a subscriber for a long time and I think he is pretty accurate.
http://www.chaostan.com/

 

[Maggot]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Casey Simpson</div><div class="ubbcode-body">
Search "Rothschilds". Here's your answer to your question "What's going on here"?

Really. Do it. You will see. Blows the mind. </div></div>

You got it, Casey. A month or so ago there was a long thread right here in the Bear Pit about tthat very family, who not only are responsible for the entire Fed Reserve, and world banking systym, but the creation of Israel, as their personal haven. Nothing against the good and decent people of Israel, and there are many, but these Rothschild parasites care about nothing but controlling the world, They have, and will continue to, cause untold chaos and suffering.

 

[zmann]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: maggot</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Casey Simpson</div><div class="ubbcode-body">
Search "Rothschilds". Here's your answer to your question "What's going on here"?

Really. Do it. You will see. Blows the mind. </div></div>

You got it, Casey. A month or so ago there was a long thread right here in the Bear Pit about tthat very family, who not only are responsible for the entire Fed Reserve, and world banking systym, but the creation of Israel, as their personal haven. Nothing against the good and decent people of Israel, and there are many, but these Rothschild parasites care about nothing but controlling the world, They have, and will continue to, cause untold chaos and suffering. </div></div>

For those who like to read, a good history lesson is here...

http://divinecosmos.com/start-here/davids-blog/1026-financial-tyranny-final

"We have scientific evidence that a monopoly of 1,318 corporations, headed by the Federal Reserve banks, is now earning 80 percent of the world's wealth. This 'core' is in turn being run by a "super-entity" of 147 corporations, most of which are financial institutions.

The top corporations in the "super-entity" are the Federal Reserve banks -- and they created 26 to 29 Trillion dollars in bailouts for their own companies from 2007 to 2010.

The Rothschilds admitted in their own 1962 biography that Mayer Amschel's five sons "conquered the world more thoroughly, cunningly and lastingly than any Caesar before or Hitler after them."

Nathan Rothschild destroyed the British economy by making the entire market think Napoleon had defeated them. In one single day of trading, he was able to increase his net wealth by 6500 times -- and did what Napoleon could not.

Rothschild conquered Great Britain."

 

[pdogsbeware]

Re: Banks to get 26 Billion dollars to help homeonwers

And thank you for making my blood pressure rise! ha

 

[-Nick-]

Re: Banks to get 26 Billion dollars to help homeonwers

I sell bank owned properties. If you really want to get mad look up "sweetheart deal indy mac" lol...

 

[High Binder]

Re: Banks to get 26 Billion dollars to help homeonwers

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Broker</div><div class="ubbcode-body">I sell bank owned properties. If you really want to get mad look up "sweetheart deal indy mac" lol... </div></div>

Give us a cliff notes version.

 

[-Nick-]

Re: Banks to get 26 Billion dollars to help homeonwers


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