bailout bill: Am I reading this right???? - 10/03/08 12:37 PM
 I'm not an attorney, and I may be miss-interpreting this measure in the 700 billion bailout bill, but it seems if we just stop paying our mortgages, we have a chance to get a lower interest rate and/or a lower principle on our loan.  It also looks like the government will now be in the buisness of determining property value...How in the hell is this fair to all of us who actually act responsibly in paying our debts? Someone with more expertise than myself please tell me if this is how you read this.
 
GENERAL.-To the extent that the Federal … (6 comments)

bailout bill: Global financial markets melt down, NASCAR, Caribbean rum hardest hit” - 10/01/08 03:13 AM
Don't laugh at my headline!  The senate apparently think they need some bailin' out, too!!
 The Senate has added some goodies into the bailout bill they are currently debating and will vote on this evening.  You can read the whole thing here.  700 billion just isn't enough....
 You can find the phone number of your Senator here, if you would like to voice your opinion...
 
New Tax earmarks in Bailout bill- Film and Television Productions (Sec. 502)- Wooden Arrows designed for use by children (Sec. 503)- 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska … (8 comments)

 

Susan McQuaide

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