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Tag: foreclosures

Aches and Reoccurring Payne's

By Corinthian Scales, Section News
Posted on Tue Sep 10, 2013 at 11:09:29 AM EST
Tags: Rep. Bentivolio, Loose Lips Sink Ships, No feeding the animals, Ronulans, Chem-trails, Paulsamic Vinegar, CD-11, Henry the Payne, Stupidity Needs To Be Painful, Smear Merchants, Republican kakistocracy, memory holes, Granholm, Dave Trott, Vampire Capitalist, Foreclosures, Fannie Mae, Freddie Mac, Lawyers, Banksters, backroom shenanigans, Richardville, Schostak Brothers & Company, SB-992, Feral Government, Mike Cox, Attorney General, FOIA's, Kappy Trott, Oakland County, Wayne County, 11th District Republican Star Chamber, Mike Bishop, Laura Cox, Rocky Raczkowski, Ronna Romney McDaniel (all tags)

Want to see how Ronulans deep-six Rep. Bentivolio's reelection? Chem-trails.

"We'll bring in some Air Force folks right here in our district. We can have an oversight reform committee hearing right here and we'll investigate," said Bentivolio in response to an audience question. "I'd like to find out about it too."

Oh, Lord. Please Kerry, don't play with your vegetables. We here at RM didn't bust our asses in 2012, just to have a few PaulTards in the crowd grenade us in 2014.

But despite such embarrassing diversions the first-term Congressman, say political insiders, will be difficult to unseat in 2014 - even with last week's announcement that ~~businessman~~ [Foreclosure Lawyer] and Michigan Republican Party establishment favorite Dave Trott has thrown his hat into the ring. Such is the power of incumbency, and the deep pocketbooks of the GOP's insurgent Ron Paul/Libertarian wing that backs Bentiviolo.

In the redrawn CD-11, I wouldn't be so cocksure as to hang my hat on "the power of incumbency". Not in Oakland, and Wayne County's den of vipers, anyway.

Continued below.

(611 words in story) Full Story

First, Do No Harm

By The Wizard of Laws, Section News
Posted on Thu Mar 12, 2009 at 08:33:28 AM EST
Tags: housing, foreclosures, House, Senate, moratorium (all tags)

(Promoted by Nick...)

Liberals just don't get it.

When government does something, it has an impact. Tax something? You get less of it. Subsidize X? You get more of it. Similarly, when government imposes additional costs on an economic activity, the activity dries up or becomes more expensive.

Such is the case with the state legislature here in the Enchanted Mitten. Today's Macomb Daily reports that the Michigan House has passed a bill that would impose a 90-day moratorium on foreclosures. As reported previously:

"The state legislation would provide a 90-day redemption period for those facing imminent foreclosure. If the homeowner submits to financial counseling offered by state or federal housing experts, they would then enter into negotiations with their lender. The mortgage company would be required to attempt to seek some middle ground -- a loan modification that could prevent the impending mortgage default."

Ah, the genius of our elected officials. Take a contract between two willing parties in which one of them is not performing and force the other -- the one who put up the money in the first place! -- not to utilize its contractual remedies for at least 90 days, while the balance due continues to grow. As I said, genius.