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Will Foreclosure Risks End?

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Uploaded by on Feb 18, 2009

The Obama plan includes tools to modify existing bad loans, reports Bill Plante, but economist Mark Zandi tells Harry Smith there may not be enough money to end foreclosures.

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  • IMPORTANT!!! Watch "A HOME FIT FOR ROYALTY"

  • wow some people

  • YAY for Socialist Government intervention, YAY for Obama!

  • Obama hasn't done shit yet. All talk no action!

  • GREECE FOR EVERRRRR

  • It's high time that the public should have a voice in the decision making of the FED through a public-advocate (elected by the people) where they will have a seat and a vote on the Federal Reserve Board.

    It's high time that we have a voice at the FED. The Board only care's about bailing out Wall Street & the Bank's.Not the thousands of American familie with children, the elderly and pets that will be left homeless due to foreclosure of their primary-homes. The FED should be deep-sixed.

  • what good is giving health insurance to 40million (unisured) children in America when their families are being evicted from their homes due to foreclosure & Obama has done nothing to stop it except hand out more bail-out money to the CEO's of Wall Street & the Bank instead of helping those people who helped helped him achieve his dream keep their dream. In my opinion, he is a puppet for wall Street & the Bank's. Anytime I see him speak. I think of the song "It's Howdy Duty Time" !

  • DON'T bail anybody out!!! People should learn that some should fail in order for our economy to work!!! The govt should start rewarding those who planned for the future by making wise/educated decisions... We are the ones who keep this g

  • Wouldn't it be a better idea to give them 70 or 80 year mortgages so that they still pay the mortgages themselves rather than having taxpayers pay their mortgage? Doesn't it tick you off that people, basically living on wellfare are better off than you? Did you see that woman's kitchen? Paid for with your tax money. This country is getting worse, not better, much worse. This is communism. Rewarding faillure and punishing success will destroy us quickly.

  • So hindsight being 20/20 if I bought a 8,000 square foot mansion and my wife asked to be laid off she could be a stay at home mother and I'd have my mortgage drop down to 1/3 of my income. We could then live high on the hog in a mansion that was subisidized by peoples taxes. Damn, and I thought I've been investing well. If this starts happening you will have people that are essentially on wellfare that are living high on the hog on your taxes. So the more people screw up the more they get paid

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