Kristyne McDaniel wrote: >> But if you've taken the original mortgage and sold pieces to a zillion >> buyers, you probably can't renegotiate.
Hi Jerry, Kristyne! I don't see where it is a problem, except for the richies not making quite as much as they had hoped, as opposed to, say, making *nothing*. *Nothing* is what the richies will wind up with if this isn't straightened out fairly quickly. Whatever they eventually may get when they sell the foreclosed homes of poor people they lose right now in the stock market. It could be an executive order binding upon "all heirs and assigns" and could be passed tomorrow, or yet today for that matter. The bailout law already gives the president broad power in exactly that direction, and C-man proved that an executive order could do anything - "stroke of the pen, law of the land, kinda cool". Let Bush do it, he has nothing to lose. If it works, history will bless his name. History will anyway. OK, if Bush does it now it might be blamed on McCain in twisted D logic, but at least peoples homes would be saved. I think McCain wants peoples' homes to be saved, even at the cost of losing the election to Obama. -- Regards, Pete http://pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
