WELL, BECAUSE OF SELECTED GROUPS WHO NOW ARE RICH MAKING $$ WITH OVERPRICED HOUSES- WHOSE BUYERS ARE DEFAULTING WITH THE BANKS- AND BECAUSE OF THE RAISE IN RENTAL UNITS- MOST AMERICANS ARE GOING TO BE HOMELESS! PROBABLY LIVE IN THEIR SUV'S WHICH ARE THE ONLY THING THAT THEY CAN AFFORD- SINCE THEY WILL NOT BE PAYING RENT OR A MORTGAGE.

Reply

Why do you vote Republican?? This is a financial disaster that Bush and Co. don't care about!that happened on thier watch.
By the way do any of you remember another one called the Savings and Loan.Wasn't a bush involved there as well?? If you are working class you are just cannon fodder and grist for the mill!! By the way think about your medical care which you can't afford!! i feel sorry for you , but use some common sense when you vote this time!!

Reply

I BID $1,200 DOLLARS, THE AMOUNT I WILL RECIEVE FROM BUSH'S 'ECONOMIC STIMULUS PLAN'. PLEASE KEEP THE LAWN WATERED UNTIL I AM ABLE TO SEND THE CHECK. HOW COMFORTING TO KNOW ALL WILL BE WELL FOR MY FAMILY IN THE FUTURE.

Reply

The financial state that you/we are in has nothing to do with some abstract concept (i.e. republican, rich people, conspiracy). It is due directly to human greed. Every wants what they want, when they want it & then wants some else to fix the booboo when it all falls apart. Here is a novel idea that will make everyone richer than they are right now. Drop the lights & Drum roll please - Stop spending more money than you make! Anyone who went through the 3rd grade should be able to figure out the math.

Reply

I am so tired of hearing people blame everyone but the consumer for what is happening in the mortgage and credit industry. The real problem? Greed, and no sense of responsibility! So many people had to have that big beautiful house and didn't look at what they could afford. It shouldn't matter what somebody tells you you can afford, you know your financial situation better than a broker. And now the popular answer? Walk away. How a person can justify walking away from a home because it is not worth what they paid for it or because they have to struggle to keep it is beyond me! Time to stand up America and own up to your commitments before the whole economy shatters!

Reply

Why don't you people stop blaming George bush for your problems and take some responsibility yourselves...? You're all grown-ups...you knew that you were getting in over your head when you signed that loan. Some folks won, some lost...it's just another form of gambling!

Reply

my wife work around the clock and thought we were ok past two years we have lost the moneybattle behind in mortgage car payment and at 44 i think im done no miracles angels or good fortune so stressed i cantthinkstraight what happened to us upset and miserable every day and no where to turn

Reply

I thank God daily that my parents & life experiences taught me to live healthily and happily on what ever I have, or can afford to save-up & pay cash for (without distress)! Life has it's ups & downs; we all KNOW this and should plan & save accordingly! Most Americans refuse to wait, want or save for anything; thus they have taken themselves and this country down bu overspeending, debt, bankruptcy, and utter wastfulness! Why MUST you have so MUCH MORE than you can pay for? Empires are not meant for everyone, and are not built in a year, or two; they take a lifetime of good planning & afordability! If you work 24/7, obviously your wants are totally over exagerrated, and your purchases are beyond non-sensical! Separate your wants from your NEEDS, prioritise, and make amends accordingly! It will not kill you to turn off the TV cable, read books, eat leftovers, drink water/tea, drive a used/older car, cut your own grass, go without manicures & spa's, bars & golf, movies/shows, cigarettes & booze, expensive trips & vacations... Just eat healthful foods, excercise for fun, read books, walk, socialize, do good works for others in your community, work on your Spiritual Health, and live on a budget like all the rest of the people in the world do; contentedly! If immigrants and singles can do it ALL, by THEMSELVES, couples should be doing better than twice as well! I live in ALONE the most expensive place in the world, with a very good, enriched, happy life, and pay HIGH rent (rent to own plan) & utilities! I've travelled the globe extensively for 35 years, and seen that most people live happily according to thier means; so why can't Americans? It's done by getting your Spirit in balance, and living in contentment, simply according to your means!!! If you've created a life that makes you miserable, GET REAL & GET HELP NOW: see a budget specialist immediately, then a psychologist, and clergy to help you lighten your loads (financially-mentally-spiritually), and a nutritionist/naturopath to help you with stress/health effects from an burdened life! Consider a yard/ebay sale to rid yourself of clutter & things you dont need or use, so you can think more clearly, move more freely, live cleaner (more simple), and breath much easier! Find THE WAY to live in contentment, with or without... It's all inside of YOU! Put your life in perspective and count your blessings daily... (MUCH of the worlds population live on less than a bowl of rice daily, and in ramshackle huts with dirt/dung floors)!
May God bless, help, keep, and comfort you all in the difficult times ahead...

Reply

While Bush may not be directly responsible, the example that is set is one that only the rich are important, per our President. So people tried to cheat their way to the upper 3%. gambled and lost. It was encouraged. Greed is not good. Home ownership is only good if you can afford it.

Reply

I am sick of our city, county, state and goverment (so called) representatives who are suppose to have the well- being of the citizens (whom they receive a paycheck to represent) of this countries best interest at heart first and foremost. All seem to have decided that favors for individuals to whom favors and information of financial gain are their objective. It all seems to be about the "ALL MIGHTY BUCK". The pensions or retirement our so called representitive receive are worth more than the majority of their citizen's life-time salaries. Not to mention the perks during the time they hold these positions. The perks of information they are privy to allow them to avoid the financial downfalls and profit from financial upswings unlike the ordianry individual who is trying to work and support their families. Our representatives have to work very few hours to earn the financial gain they receive for making these decisions for us. And the majority of us are going under. Cities, counties and states are raising fee's and taxes for every imaginable reason they can come up with. They use wording to describe these additional costs that disguises the definition so that citizens can't use the no taxation without representation claim. Our city enacted a City User Fee by doing this. If you work inside the city limits you must pay $3.00 per week for using the City's streets to drive on to get to your place of employment. This allows them to collect from a larger group of people. Inside and out of the city limits. Every year the fee gets higher. It started out at $1.00 a week and is now up to $3.00 per week for EVERYONE in your household who works inside the city limits even if you ride together. It is automatically deducted from your paycheck by your employer who submits the fee's to the city. Oh, by the way our govenor, legislators, police officers and other select groups of individuals are immune from paying this fee. I just wonder how long this all will go on before the ordinary people will say no more to this what seems never ending fiasco of getting rich off of the little people? Has anyone seen any of our cities, counties, state or countries representatives Big and Small having to file bancruptcy or loose their homes and cars? Our country seems to be so financially well off we can help starving, sick or homeless individuals in other countries but, can't keep food, gas or health care at an affordable level so the everyday working individual (who isn't asking for a handout) can feed, house, and provide medical necessaties for their loved ones.

Reply

not every one is careless re home buying some lost their freakin jobs or had major illnesses in family!!!the banks are ruthless and greedy like the ins companies we can help the foreigners but not americans i went beyond 3rd grade and know that for a fact i blame the companies that gave people mortgages knowing they would bottom up they do this knowing the younger ones can do it all over again but wont help older americans that have worked all their lives!!! they figure if a younger person goes bankrupt or default so what they have 30-40 yrs to do it again not us old farts! screw the banks like wells fargo!!! morons!!!!we support the banks and put our hard earned monies in them jerks!!!!

Reply

now landlords will be greedy take advantage of people also sad sad!!!

Reply

too bad the realtors and mortgage companies and ins got greedy i feel bad for people that are struggling and might end up homeless and the banks are suppose to work with people they dont always do this but threaten people with collections and foreclosures they loose!! they dont collect interest for 30 yrs!!!

Reply

harold call foreclosure solutions out of col springs they care! forget the banks

Reply

we dont live beyond our means! things happen and life happens we had death illness job loss and we struggled bush can send millions over seas but screw his own people us americans i didnt vote for him wonder why? duh!!!the landlords that take advantage of us are godless also

Reply

i remember when communities got together and saved neighbors homes and local banks did also not anymore sad sad we need to go back to the way america was in some ways helping each other with love kindness and caring greed has taken over our country american dream? where???

Reply

banks dont want to help until you get way behind greedy they are wells fargo the biggest abuser!!! when americans call for help with in 30-60 days they wont help want you 6 months behind and then you deal with people that are not nice and some are black and awful talk to you like you are an idiot!!! sad unethical and wrong! more people will live in their suv's real sad god bless them

Reply

to clarify that also some people i spoke to at the bank were black and very professional there are alot of nasty white folks too god bless them all real sad whats going on

Reply