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1. 

   Dale Hopson said, 8 months ago

   When I heard homes were underwater I thought it was a repeat of Missouri/Arkansas last March… or along the Mississippi River any spring.

2. 

   LLeRay said, 8 months ago

   Is this why the Republicans think they can get away with their part in this?

3. 

   motivemagus said, 8 months ago

   Now, for all those people who think that those with trouble paying their mortgages (especially after layoffs and salary cuts) are “losers,” how about this? Let’s restructure the loans based on real value, eh?

4. 

   HUMPHRIES said, 8 months ago

   motive,Careful or I’ll label you!

   Free Standing Thinker

   There how do you like them apples!

5. 

   harleyquinn said, 8 months ago

   Sure motive and who gets stuck with the bill when the deference comes do? And who is to deiced the “real” value? Sure lets just stick it to those evil banks. Not those who took out the loans. That is going to help the economy. NOT..
   LLeRay, I did not know Barny Frank was a Rep.

6. 

   charliekane said, 8 months ago

   “Deference comes do”?

   Universal translator, anyone?

7. 

   Gregory Kruse said, 8 months ago

   Brilliant! Someone’s been doing some deep reflection.

8. 

   arinte said, 8 months ago

   90% of dems are idiots or thieves
   50% of Republicans are the same. Forget them both and vote Libertarian.

9. 

   shamborn said, 8 months ago

   what is with this Harleyquinn… he spells Jim Cramer’s name so that it rhymes with “hammer,” then he says “deference comes do”…

   and yet he’s talking DOWN to everyone?

   Dude. You’re not smart enough.

10. 

    motivemagus said, 8 months ago

    Okay, harley, fair question (once I sorted out what you meant). So which would you prefer: having millions of Americans default on mortgages, which then leads to sinking banks (owning properties they can’t resell), and then having to bail the banks out, or helping people continue to pay their mortgage in some form (which could be as simple as helping them refinance and restructure their loans, so they still owe, but can pay in more reasonable increments), so money keeps flowing through the whole system, and it can eventually restabilize. Remember that creditors normally prefer to restructure than totally lose the income in a down market.
    Howzabout that?

11. 

    motivemagus said, 8 months ago

    arinte - you haven’t been paying attention the last eight years, have you? Republicans institutionalized theft!

12. 

    HUMPHRIES said, 8 months ago

    charliek, I’m with you.

13. 

    harleyquinn said, 8 months ago

    OK Motive fair enough, That is all good. My point is the Dems want to cram down the price. They want to change how much is owed ,wich is what you said was a good idea. That would be way wrong. Now changing how they owe? Make that easier? why not? But do not sit here and tell me by cheapening the housing market could save it.

14. 

    deadheadzan said, 8 months ago

    Shamborn, in regards to harley; you ain’t seen nothing yet. He constantly posts but usually (maybe always) makes no sense.

15. 

    motivemagus said, 8 months ago

    I could make the case that the housing market is already cheapening – and in fact was inflated unreasonably in the first place, which is one of the reasons we are in this mess. And I don’t think Democrats want that – most of them own homes, too. God knows I do.
    But in fact, I prefer the idea of helping people get affordable mortgages. Too bad this didn’t happen a year ago, but we were too busy helping banks, not people with mortgages. I’d much rather help supply re-financed mortgages than refinance or nationalize banks – and it’s probably cheaper in the long run.

16. 

    Corosive Frog said, 8 months ago

    Financial version of 2005 New Orleans meets Gitmo.

17. 

    oldlegodad said, 8 months ago

    Not to worry. Chinese investors are buying “second” homes in CA/NY. Just like the Japanese in the ’80s