Fannie Mae foreclosure sell-off destroying neighborhood

[DoubleGauss]

Democrats are the enemy of America.

[carryclass]

three years income with 20% down=max you should borrow. six years income with no money down is the path to foreclosure

[iorixs]

go obama! what a great nation! makes me want to sing the national anthem. meth epidemic, home foreclosures and the president sinking little balls into little cups in the ground on a weekday.

[RetroWinnipeg]

This is what happens when LeBron James moves to Miami...

[BeantownJim]

Hope and Change?

[maria610421]

Has anybody notice the Image of the Beast on Wall Street the Bull is going no where, well nor are you, if you buy into the system of illusion. I dont believe in if anymore its for children.

[screwopenborders]

Property tax is illegal. How can you pay rent on property you own? It makes no sense. What if you lost everything and all you had was your house left but no money to pay property tax? You have to sell or get foreclosed on by the government? That is bullshit and treasonous!

[maria610421]

@screwopenborders: Right on you have your thinking CAP on, well done, its a B/S system designed to screw you, if you are foolish enough to buy into to it. LET it collapse, it belongs in the scrap heap of History.

[jerramy]

@screwopenborders - Fact is, they can make you pay tax on the air you breathe if they pass a law on it. There is no such thing as ownership, if somebody bigger and more powerful than you wants what you got, there's nothing you can do about it. Your rights are only things that are allowed you until they change their minds.

[screwopenborders]

@jerramy Well there are things that we can do about it but I'd rather not risk jail lol I see the point your making but it still doesn't justify it. Its almost like telling native americans that they need to pay taxes on their reservations. Our rights are given to us by our creator, not by other men. If enough people get angry about the taxes they will have to change it or face revolution which is probably coming soon if this government doesn't get its shit straight.

[jerramy]

@screwopenborders - Hope you're right. You can push people just so far until they have nothing to loose by revolution. History has proved this to be true over and over again. Governments never learn.

[SalafeeSpot]

Where and how can I buy one of these 5,000 dollars homes?

[maria610421]

@SalafeeSpot: Buy these home at your own risk, even if you paid cash for them, the system is rigged you have to pay property tax, so here is the TRAP the next time they crash the economy and you cant afford to pay your property TAX they take you home and you end up right back to square one in Tent CITY. Let the whole system collapse and pray it does, and if you have to fight fight for FREEDOM from this corrupt system. Burn down Wall Street and say AMEN.

[chingon711]

this country has yet to hit rock bottom.

[mercedescl]

Fannie Mae needs cash to sustain the bonds' obligation and the congress has made additional bridge loans impossible.