Comments on: Are They Serious? Fed Takes Mortgage Debt as Collateral, Bear Stearns Gets Bailout, and President Bush is Confident in the Economy! http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/ Learn, Network, Invest Thu, 20 Nov 2008 21:26:08 +0000 http://wordpress.org/?v=2.6.1 By: Mike http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-60229 Mike Thu, 25 Sep 2008 17:48:53 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-60229 700 billion dollar bailout now. things are really going well. I can't believe I'm going to be paying for other people risk/failure. 700 billion dollar bailout now. things are really going well. I can’t believe I’m going to be paying for other people risk/failure.

]]> By: Rachael http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55428 Rachael Wed, 19 Mar 2008 18:01:30 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55428 We hope is correct when it comes to the banks...They may or may not be ahead. We shall see. We hope is correct when it comes to the banks…They may or may not be ahead. We shall see.

]]> By: IVA http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55358 IVA Mon, 17 Mar 2008 21:37:11 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55358 At least the banks are one st ahead this time (we hope). Pumping money into the economy WILL boost confidence and hopefully we'll all get through this turbulent time without too much trouble. At least the banks are one st ahead this time (we hope). Pumping money into the economy WILL boost confidence and hopefully we’ll all get through this turbulent time without too much trouble.

]]> By: Mortgage Calculator http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55357 Mortgage Calculator Mon, 17 Mar 2008 21:32:34 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55357 Bush confident in the economy? he was confident that Saddam Hussein had WMD too! I'm really angry that this fool is going to affect my life and millions of others because of his crazy ideas. the sooner November comes the better for all of us! Bush confident in the economy? he was confident that Saddam Hussein had WMD too! I’m really angry that this fool is going to affect my life and millions of others because of his crazy ideas. the sooner November comes the better for all of us!

]]> By: Gregory Bain http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55341 Gregory Bain Mon, 17 Mar 2008 11:58:42 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55341 Well, yes. What you say is true. However, it makes me just a little anger when I see this bail out Bear Stearns and see the "retirement" package that the chairman of CountryWide got. This has been a well thought out rip off of the American people. First they get their lobbists to change the bankruptcy laws by wine and dine of Congress. Then they make a ton of money trading worthless paper on the backs of people who could not afford to own a home. The president makes speech after speech claiming the American Dream is being realized under "his watch." And, NOW...... How do you spell SCAM? Well, yes. What you say is true. However, it makes me just a little anger when I see this bail out Bear Stearns and see the “retirement” package that the chairman of CountryWide got. This has been a well thought out rip off of the American people. First they get their lobbists to change the bankruptcy laws by wine and dine of Congress. Then they make a ton of money trading worthless paper on the backs of people who could not afford to own a home. The president makes speech after speech claiming the American Dream is being realized under “his watch.” And, NOW……

How do you spell SCAM?

]]> By: Albuquerque real estate http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55320 Albuquerque real estate Sun, 16 Mar 2008 18:28:43 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55320 I agree Rehab. Bush is just defending his choices (whether good or bad), just as any other president does. I agree Rehab. Bush is just defending his choices (whether good or bad), just as any other president does.

]]> By: Rehab702 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55316 Rehab702 Sun, 16 Mar 2008 16:59:45 +0000 http://www.biggerpockets.com/renewsblog/2008/03/14/are-they-serious-fed-takes-mortgage-debt-as-collateral-bear-stearns-gets-bailout-and-president-bush-is-confident-in-the-economy/#comment-55316 Gregory, I think you are misunderstanding my point. The fact is that we are in a mess. Playing the blame game will not fix it. I do believe that people need to be help accountable but that still doesn’t fix things. Any President has to remain optimistic in public, whether he’s guilty of any infractions or not. You certainly are not in the minority in your dislike of Bush, I’m no fan either. But the fact is that the problem will still be there when he is out of office. When we get though this, and we will, things will be different. Some things will be better and some worse, but they will be different. Gregory, I think you are misunderstanding my point. The fact is that we are in a mess. Playing the blame game will not fix it. I do believe that people need to be help accountable but that still doesn’t fix things. Any President has to remain optimistic in public, whether he’s guilty of any infractions or not. You certainly are not in the minority in your dislike of Bush, I’m no fan either. But the fact is that the problem will still be there when he is out of office. When we get though this, and we will, things will be different. Some things will be better and some worse, but they will be different.

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