Comments on: The 2008 Bailout Bill-Wool Wearers, Racing Fans and Forest Eco-Systems Can Finally Rest Easy http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/ Promotional Codes, Coupons & Deals + Money Saving Insights Thu, 24 May 2012 01:21:20 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: joseph http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-38990 joseph Sat, 13 Mar 2010 09:02:03 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-38990 Why should any company be bailed out? That's bs. Let anything that can't sustain itself FAIL. Success comes from failure Why should any company be bailed out? That’s bs. Let anything that can’t sustain itself FAIL. Success comes from failure

]]> By: The Frugal Rebel » Friday Recap #1 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8916 The Frugal Rebel » Friday Recap #1 Fri, 10 Oct 2008 14:45:29 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8916 [...] The Frugal Dad lists some additions to the Bailout Plan voted in by Congress. [...] [...] The Frugal Dad lists some additions to the Bailout Plan voted in by Congress. [...]

]]> By: Well, What Now? Some Thoughts On The Economy | TheOnlyDevice.com http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8794 Well, What Now? Some Thoughts On The Economy | TheOnlyDevice.com Thu, 09 Oct 2008 14:38:08 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8794 [...] The 2008 Bailout Bill-Wool Wearers, Racing Fans and Forest Eco-Systems Can Finally Rest Easy @ Frugal Dad [...] [...] The 2008 Bailout Bill-Wool Wearers, Racing Fans and Forest Eco-Systems Can Finally Rest Easy @ Frugal Dad [...]

]]> By: Teri http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8391 Teri Sun, 05 Oct 2008 17:54:36 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8391 Good homework-well done. Too many people vote on feelings, and not fact and to many have a very short memory. Don't confuse them with the facts. 99% of the people voting for Obama could not tell you why - we have been asking and they don't have a clue. They will give you a sound bite from a television commercial and that is about as deep as it gets. Our wonderful educational system is pumping them out faster than we can fix it. Reeducate the masses and in just a generation or two you will be in control. Rewrite history and remove absolutes. It has been in place for awhile now and this is the result. I am a believer but I have my doubts of whether we can turn this around, or not. Good homework-well done. Too many people vote on feelings, and not fact and to many have a very short memory. Don’t confuse them with the facts. 99% of the people voting for Obama could not tell you why – we have been asking and they don’t have a clue. They will give you a sound bite from a television commercial and that is about as deep as it gets. Our wonderful educational system is pumping them out faster than we can fix it. Reeducate the masses and in just a generation or two you will be in control. Rewrite history and remove absolutes. It has been in place for awhile now and this is the result. I am a believer but I have my doubts of whether we can turn this around, or not.

]]> By: STB http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8337 STB Sun, 05 Oct 2008 05:48:44 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8337 Previous comment: By Teri “This mess started when sound financial rules were changed. IF YOU DON’T HAVE ENOUGH MONEY TO MAKE PAYMENTS ON A MORTGAGE LOAN, WE CAN’T LOAN YOU THE MONEY. But President Clinton and the Congress of that time lowered the standards and now thousands of people can’t afford the mortgage payments.” So true but you can trace a large part of this cause further back to a young Harvard law graduate community organizer and Acorn. Barack Obama and Association of Community Organizations for Reform Now (Acorn) filed a complaint through the Chicago court systems. Case Name Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011 State/Territory Illinois Case Summary Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages. U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995). The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement. Plaintiff’s Lawyers Alexis, Hilary I. (Illinois) FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000 Childers, Michael Allen (Illinois) FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000 Clayton, Fay (Illinois) FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000 Cummings, Jeffrey Irvine (Illinois) FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000 Love, Sara Norris (Virginia) FH-IL-0011-9000 Miner, Judson Hirsch (Illinois) FH-IL-0011-7500 | FH-IL-0011-9000 Obama, Barack H. (Illinois) FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000 Wickert, John Henry (Illinois) FH-IL-0011-9000" The democrats have successfully crammed socialism down are throats by blowing up the foundation of capitalism are financial institution. Be careful how you vote. Your freedom is at risk. Responsibility is the ultimate regulator and government insurance removes the risk associated with reasonability and this is proof. Congratulations America you have just bought a $700,000,000,000.00 plus of no less than 300% inflated real estate. And win you print that money to pay for this watch out for inflation. we will pay in more ways than just a rise in taxes. Previous comment: By Teri

“This mess started when sound financial rules were changed. IF YOU DON’T HAVE ENOUGH MONEY TO MAKE PAYMENTS ON A MORTGAGE LOAN, WE CAN’T LOAN YOU THE MONEY. But President Clinton and the Congress of that time lowered the standards and now thousands of people can’t afford the mortgage payments.”

So true but you can trace a large part of this cause further back to a young Harvard law graduate community organizer and Acorn. Barack Obama and Association of Community Organizations for Reform Now (Acorn) filed a complaint through the Chicago court systems.

Case Name
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.

U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).

The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Plaintiff’s Lawyers Alexis, Hilary I. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Childers, Michael Allen (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Clayton, Fay (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cummings, Jeffrey Irvine (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Love, Sara Norris (Virginia)
FH-IL-0011-9000
Miner, Judson Hirsch (Illinois)
FH-IL-0011-7500 | FH-IL-0011-9000
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Wickert, John Henry (Illinois)
FH-IL-0011-9000″
The democrats have successfully crammed socialism down are throats by blowing up the foundation of capitalism are financial institution. Be careful how you vote. Your freedom is at risk. Responsibility is the ultimate regulator and government insurance removes the risk associated with reasonability and this is proof. Congratulations America you have just bought a $700,000,000,000.00 plus of no less than 300% inflated real estate. And win you print that money to pay for this watch out for inflation. we will pay in more ways than just a rise in taxes.

]]> By: Francine http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8288 Francine Sat, 04 Oct 2008 19:28:09 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8288 Thank you Frugal Dad. *Professor Cochrane of the University of Chicago sent a petition to The Hill signed by 200 economists stating that this bill was a mistake. They detailed their suggestions for an alternate course of action. *Professor Cochrane, on the News Hour with Jim Lehr, called the add-ons "a pinata of ridiculousness." *As Voltaire said, "the comfort of the Rich depends upon an abundant supply of the Poor." *When will our Congressmen realize that anything that President Bush wants so quickly, so badly can't possibly be any good? *I was so excited (for once) that House Members actually LISTENED to their constituents and voted NO the first time. Of course my guy, House Congressman Rahm Emanual, helped write this mess, so he had to vote for it. I still called his office, e-mailed my Senators, and even e-mailed the Speaker of the House. *Back to being a jaded Gen-Xer for me. Cordially, Francine Thank you Frugal Dad.
*Professor Cochrane of the University of Chicago sent a petition to The Hill signed by 200 economists stating that this bill was a mistake. They detailed their suggestions for an alternate course of action.
*Professor Cochrane, on the News Hour with Jim Lehr, called the add-ons “a pinata of ridiculousness.”
*As Voltaire said, “the comfort of the Rich depends upon an abundant supply of the Poor.”
*When will our Congressmen realize that anything that President Bush wants so quickly, so badly can’t possibly be any good?
*I was so excited (for once) that House Members actually LISTENED to their constituents and voted NO the first time. Of course my guy, House Congressman Rahm Emanual, helped write this mess, so he had to vote for it. I still called his office, e-mailed my Senators, and even e-mailed the Speaker of the House.
*Back to being a jaded Gen-Xer for me.
Cordially,
Francine

]]> By: Teri http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8268 Teri Sat, 04 Oct 2008 14:21:44 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8268 Previous comment: As for your second item–I’m as confused about the details as you are! And I won’t hold my breath for any detailed explanation to the American taxpayer, who is being asked to foot this ridiculous bill. The entire bill can be read online if you have the time or patience to read through legal mumbo jumbo. I don't remember anyone asking me what I thought-well, those who had a vote in the matter anyway. Did anyone ask you? 171 congressmen listened to US and voted NO. I made phone calls to my Congressman and expressed my opinion. All the rest - who knows what the motive is? When this all collapses they are going down too. I am a Republican but I am VERY disappointed with President Bush and ALL the congress on both sides of the aisle. This mess started when sound financial rules were changed. IF YOU DON'T HAVE ENOUGH MONEY TO MAKE PAYMENTS ON A MORTGAGE LOAN, WE CAN'T LOAN YOU THE MONEY. But President Clinton and the Congress of that time lowered the standards and now thousands of people can't afford the mortgage payments. It is simple accounting. Let's go back to the basics instead of this fuzzy math that is being used. Owning a house is NOT A RIGHT, it is a PRIVILEDGE. My husband was laid off recently. Where do I sign up for my share of this money to make my mortgage payment and buy food for my children? We will deal it personally and friends and family will help us if and when needed. Many of the "taxpayers" they are referring to DON'T EVEN PAY TAXES. We are not walking to socialism/communism... we are running there as fast as we can. Look behind you because this snowball may roll right over you. Now California Govenor is saying California will be broke shortly and wants a "loan". Where does this all stop? American citizens need to take back our country from our government before it's too late. Previous comment:
As for your second item–I’m as confused about the details as you are! And I won’t hold my breath for any detailed explanation to the American taxpayer, who is being asked to foot this ridiculous bill.

The entire bill can be read online if you have the time or patience to read through legal mumbo jumbo.
I don’t remember anyone asking me what I thought-well, those who had a vote in the matter anyway. Did anyone ask you? 171 congressmen listened to US and voted NO. I made phone calls to my Congressman and expressed my opinion. All the rest – who knows what the motive is? When this all collapses they are going down too. I am a Republican but I am VERY disappointed with President Bush and ALL the congress on both sides of the aisle. This mess started when sound financial rules were changed. IF YOU DON’T HAVE ENOUGH MONEY TO MAKE PAYMENTS ON A MORTGAGE LOAN, WE CAN’T LOAN YOU THE MONEY. But President Clinton and the Congress of that time lowered the standards and now thousands of people can’t afford the mortgage payments. It is simple accounting. Let’s go back to the basics instead of this fuzzy math that is being used. Owning a house is NOT A RIGHT, it is a PRIVILEDGE. My husband was laid off recently. Where do I sign up for my share of this money to make my mortgage payment and buy food for my children? We will deal it personally and friends and family will help us if and when needed. Many of the “taxpayers” they are referring to DON’T EVEN PAY TAXES. We are not walking to socialism/communism… we are running there as fast as we can. Look behind you because this snowball may roll right over you.
Now California Govenor is saying California will be broke shortly and wants a “loan”. Where does this all stop?
American citizens need to take back our country from our government before it’s too late.

]]> By: Mary@SimplyForties http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8265 Mary@SimplyForties Sat, 04 Oct 2008 14:05:15 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8265 It's always so reassuring to know that our representatives have our best interests at heart. It’s always so reassuring to know that our representatives have our best interests at heart.

]]> By: Weekly Roundup - 1,000,000 Edition | Cash Money Life | Cash Money Life http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8256 Weekly Roundup - 1,000,000 Edition | Cash Money Life | Cash Money Life Sat, 04 Oct 2008 12:08:58 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8256 [...] Frugal Dad. The 2008 Bailout Bill-Wool Wearers, Racing Fans and Forest Eco-Systems Can Finally Rest Easy. This disappoints me. Not the article - what it is [...] [...] Frugal Dad. The 2008 Bailout Bill-Wool Wearers, Racing Fans and Forest Eco-Systems Can Finally Rest Easy. This disappoints me. Not the article – what it is [...]

]]> By: Homemaker Barbi (Danelle Ice) http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8219 Homemaker Barbi (Danelle Ice) Sat, 04 Oct 2008 04:17:36 +0000 http://frugaldad.com/2008/10/03/the-2008-bailout-bill-wool-wearers-racing-fans-and-forest-eco-systems-can-finally-rest-easy/#comment-8219 Oh lordy! We were listening to talk radio in the car and the two guys were making constant wisecracks about the wool research section of the bill. And nobody in Washington is scratching their heads about how these weird things end up in the bills?!!? Homemaker Barbi (Danelle Ice) Oh lordy! We were listening to talk radio in the car and the two guys were making constant wisecracks about the wool research section of the bill. And nobody in Washington is scratching their heads about how these weird things end up in the bills?!!?

Homemaker Barbi (Danelle Ice)

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