Tag Archives: obama administration

Darrell Issa: Obama Administration Is Corrupt [Video]

Darrell Issa: Obama Administration Is Corrupt This is obviously a very hot topic and it skews completely upon party lines, but you have to agree, there is quite a valid point being made. Liberals call things “reform” or “change” while conservatives see things as an attack on the American way of life. I’ll leave the [...]

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Can Christine O’Donnell Beat Chris Coons? [Video]

Can Christine O’Donnell Beat Chris Coons? Well tonight we’ll see if she can hopefully turn things around and kick the other nutbag to the curb. In what CNN is calling “must see tv”, tonight’s political debate between Republican Christine O’Donnell and Democrat Chris Coons, should be interesting to say the least. Story continues below… // [...]

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Foreclosure Moratorium Will Destroy The Real Estate Market

Foreclosure Moratorium Will Destroy The Real Estate Market The Obama Administration on Tuesday rejected calls for a nationwide moratorium on foreclosures because of concerns it could cause broader harm to the housing recovery. But a freeze on foreclosures is still widening. It’s like watching dominoes fall. One mortgage lender after another is putting the brakes [...]

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ShoreBank Shut Down By The FDIC

ShoreBank Shut Down By The FDIC Another bank has been taken over by the FDIC. Thus far the banking crisis has seen over a hundred institutions succumb to the financial turmoil that we are facing. With the Obama Administration’s policy of spend, spend, spend…I doubt that this is the last bank we will see being [...]

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Free Housing: The Side Benefit Of Foreclosure

Do you gamble? Well if you’re any good at it you learn that “playing with the house’s money” means you essentially are playing for free. You see since you have had some winnings, the ideology is that it doesn’t cost you anything to play since it is technically money that wasn’t there to begin with. [...]

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Timothy Geithner Tells Bankers Not To Be Afraid Of Financial Reform

NEW YORK– Treasury Secretary Timothy Geithner traveled to New York City on Monday to tell bankers and the financial industry that new financial regulations are…

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Government Programs Only Save 1 Out Of 10 Homes From Foreclosure!

“For every borrower who avoided foreclosure through HAMP last year, another 10 families lost their homes,” the panel said of the administration’s Home Affordable Modification Program. “It now seems clear that Treasury’s programs, even when they are fully operational, will not reach the overwhelming majority of homeowners in trouble.”Congressional Oversight Panel report of April 14, [...]

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