Homeowners get help in DC, but not from government

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Uploaded by on Jul 24, 2008

More at http://therealnews.com/c.php?c=080701YT
Neighborhood Assistance Corporation of America helps tens of thousands restructure their home mortgage

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  • Sad, yet the government is corrupt and will continue to bankrupt all funds, social security, disability, workers compensation, vet funds, medicare, stole pensions,home land security outsourced jobs, transportation funds diverted, housing, corrupt BANKERS, that is why we have a 9 trillion dollar debt, our budget was 3 Trillion for a year and crooks in congress diverted that money.

  • turkeyjurker- see reply for transitiving

  • transitiving- take note, if the gov allowed the predatory lending practices & the borrowers defaulted, if the gov is willing to bail out the banks then WHY NOT THE PEOPLE???

    but as always corporations/money first, people/humanity last. if WE THE PEOPLE are going to end up footing the note ANYWAY, i'd rather help the people instead of the corporations.

  • That first woman is shockinging uniformed. She thought the one year re-fi was automatic no matter how she altered her debt load? It's one thing if she'd been fraudulently given the wrong type of loan or even if the market bubble bursting caught her unaware.

  • WOOT! go Naca :D

  • Why wouldn't the bank thieves back out of a illegal loan!!sounds like this program benefits the law breakers more then the people. they stay out of prison and the government pays them back the money they lost and they still get to collect on the loan what a good deal they are doing us such a big favor. every one should join champaign for liberty they are tell us the truth and always have check them out

  • i wasn't referring to this piece in particular. i assume you watch their clips too. just over and over again their answer to problems is always more intervention/regulations. haven't the governments of the world and the UN fucked things up enough already?

  • TRN does seem to sympathize with the homeowners, but I didn't here them advocating for government assistance.

    If anything, they rightly hint that the govt is negligent in turning a blind eye while this developed. In so much as failing to develop a sounder recovery plan. ...No-strings bail-outs for foolish investment decisions,, ridiculous. It takes two to tango - who isn't surprised that homeowners want similar assistance.

  • Right.

    Is it any surprise that after seeing the govt bail out lenders, that the clients are asking for a hand out as well?

    The govt shouldn't babysit foolish people. It also shouldn't look the other way when someone is robbing them - which it did.

  • that's something TRL does not seem to understand.

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