Get off My Presidents back, His housing plan will work

Americans are paying attention and Republicans will lose big in 2010, because Obama's plan will work. Too much of homeowners dollars are being payed in interest to banks because the banks ignored the debt ratio. Not the homeowners who are fellow taxpayers. Critics beware. Our economy is already on the rebound.

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[roland20002000]

You are a mug.

Obamas plans will crash your economy.

How will giving the people of America counterfeit dollors help them out ?

How will taking money from profitable well managed company and giving it to badly managed company and then telling the well managed company that they now have to compete against the badly managed company with the money that they have been deprived of be good for your economy?

[SchleemerD]

The value of my dollar is determined by the market and not what is being printed. This has not been true for thirty plus years. Your valuation system suggest next year I'll have to pay double on my mortgage. double on my grocery bill. Double on everything I buy. The valuation of the dollar will remain stable as all G 20 nations inflate their currency together. You should really take a closer look at the 2005 and 2006 bubble and how much more in interest is being paid to banks by Americans.

[SchleemerD]

I'm not quoting formulas, I just disagree on the outcome. I don't believe the dollar will lose value and only time will tell. We simply disagree. I just wish people were not so negative. The simple fact that the media is not cutting him slack indicates to me he was not their choice. He accomplished what Ron Paul was trying to do. I don't like the bankers anymore than you do. I just don't believe we should punish the homeowners because the banks ignored the debt ratio.

Respectfully

[roland20002000]

Firstly you can quote all the formulas you like at me. The fact is the average family may have an extra $200 per mouth this will filter in the system and soon devalue the dollar. They can't con the market for ever or in Americas case a lot longer.

As for the big bankers Obama is all talk all the same people are running the show he has not changed the Bush policies he's just stepped them up a pace.

[SchleemerD]

If the value of your dollars do not change and 9 million homeowner spendable income increases due to President Obama's housing plan. The debt ratio dropping from 38 to 31 percent is an average of $200 dollars more a month per household. times that by 9 million households. Take all those who left their homes and reset their spendable income and you have another $200.00 a month times the amount of people who walked away. Almost to the penny is the exact contraction of our economy minus gas.

[SchleemerD]

So untrue what you just said. It would be true if we were back on a Gold standard. If what you are suggesting was true then during the Bush years our same $1,000 dollars you like talking about so much would be worth only a dollar. Your calculations are based on a formula not in use. I do listen to Ron Paul and agree with him on a lot, but he is wrong on this. The problem you ignore is what happened in 2005 and 2006. It was the bankers who sucked up spendable income.  Obama is fixing that.

[roland20002000]

The world is now running off the view that taxing and spending is creating an economy if that was the truth how comes money is becoming worthless.

Money is an indirect swap of labour for goods. If you invest in a product that no one wants to buy then the system fails. You can't just give money away and expect it to have any worth.

If the government can accurately predict what people want to buy and produce at a price they can afford then the system might work. But they can't and no one can.

[SchleemerD]

Only in the world your trying to make. Expanxion allows for more money regardless of whether you think it is fake or not and maintain the same value. Unchecked greed is the culprit and the bankers are responsible, not those homeowners. Their culpability is minor in the effect. The damage has been created by the banks. It is all about spendable income. I agree with a no tax system as Ron Paul portrayed, but I also understand the progressive tax system and how it fuels our economy. Do You?

[roland20002000]

Macro economics got the world into this mess.

Understand this if fake dollars our printed real dollars become worth less. If your government doubles the money supply the money in existence will have half the value it already has. If you have $1000 in the bank over the next year or so it becomes worth $500.

If you earrn $500 a weak it will become worth $250 a week. How does this help a crashing economy?

Would surrgest you listen to Peter Schiff and Ron Paul.

[DeathloomZ]

nope; you drank the kool aid!

[SchleemerD]

Give me a break. I'm no sheople to Barack or Ron Paul. What I'm tired of is people like you that are so cynical that you wont even give him a chance. Obama is the closest thing to a regular guy we have had since the turn of the last century. I voted for Ron Paul in the primaries. I understand, Just so you know, not all the info you get on the web is true. It is alot easier to smeer someone here.