How convienient...when you click on the link the page is no longer available....so much for your proof.You will Clearly see Barack's name on the suit.
President Issues Warning to Americans
- Posted in the US News Forum
Comments (Page 15)
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“F Y J I M O” Joined: Mar 7, 2008 Comments: 1302 anytown, amerika ISP: Merritt Island, FL |
lost it. sorry, bet on the pats to win. |
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“Campaign For Liberty 2008!”
Joined: Jul 2, 2007 Comments: 2677 |
How convenient that you are too lazy to do a quick search when it's obvious the link was destroyed by the forum... Let's try this link: http://clearinghouse.wustl.edu/detail.php... |general;caseName|Buycks-Rober son;orderby|caseState,%20caseN ame; |
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“Campaign For Liberty 2008!”
Joined: Jul 2, 2007 Comments: 2677 |
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“Campaign For Liberty 2008!”
Joined: Jul 2, 2007 Comments: 2677 |
If that second one doesn't work, then go to their search page and look for: "Buycks-Roberson" (sans quotes)
http://clearinghouse.wustl.edu/search.php |
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Make the bail-out proposal a loan from the government and tax payers instead of a handout. Here is a simple alternative.
GOVERNMENT INSURED MORTGAGE LOAN A. The US government loans money to the mortgage and financial institutions at zero percent interest to cover the bonds/mortgages with insurance included on the loan amount similar to the FHA insurance. Insured and backed loans would have an immediate effect on the economic situation creating immediate and needed liquidity. The current distressed mortgage companies and financial institutions would be required to abide by the following: 1. Restructure any current mortgage that is more than three months delinquent to a 6.5% fixed-rate mortgage. Roll back payments with no late fees or legal costs into the loan balance. This brings the homeowner current and allows them a chance to keep their homes and maintain their mortgage loan. If the homeowner becomes delinquent in the future of three months, the property will be foreclosed and sold. The mortgage company financial institution would absorb up to ten percent of the selling price to cover any shortage of the loan principal balance. Cancel all prepayment penalties for a five year period to encourage re-financing or the sale of the property to pay off the loan. 2. Eliminate any bonuses or additional compensation of existing and future executives and employees as long as the company holds these government-insured bonds/mortgage loans. This will prevent non-performing executives and employees from receiving non-performance income. 3. Require any and all bonuses or additional income received within the last five years from executives and employee’s to surrender said bonus or additional income compensation and apply it towards the government loan. The surrender period would be 60 days. If executives or employee's do not conform, they would be held in contempt and face criminal charges including possible incarceration under the government loan agreement. 4. Remove Capital Gains tax for five years on these loans. Investors will seek real estate purchases and stock market investment in search of tax-free and traditional profits. This will create immediate liquidity in the markets and costs the taxpayer nothing while stimulating the mortgage, real estate, finance and Wall Street markets. This proposal would be 20-30 billion less than the current proposal. Tax payers would not be bailing out the companies instead loaning the money which will be recouped while stimulating the economy. B. PRIVATE BUSINESS AND INDUSTRY The US government would make short term loans available to non-government businesses insured by company assets at below market rates. 1. The loan amount could not exceed a certain percentage of the company's assets. If the loan becomes default by sixty days, the government will seize assets until loan is current. If the loan becomes default by ninety days the government will seize the company in it's entirity with the option to sell the company, either in full or part, on the open market to the highest bidder. Bonuses or additional income of executives or employee's would be limited to a percentage of profits only the company experiences which take out the government loans. These loans will allow companies to make payroll, make purchases, develop new business and maintain and increase jobs. 2. Lower export taxes, decrease corporate tax, decrease investment tax and increase FDIC insured accounts to double the current amount. This would help make US businesses more competitive in the world market, increase liquidity, encourage investors and make bank deposit holders more confident in the protection of their money. Just an idea and alternative. |
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“Just here” Joined: Nov 27, 2007 Comments: 564 USA ISP: Dalton, GA |
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1 This would be a wonderful idea. It's ashamed how all of these government officials won't listen to the people. |
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“Surrounded by Libs.” Joined: Jun 24, 2007 Comments: 4192 Ct. C.V.C. ISP: Cheshire, CT |
Bush is just as bad as the Democratic scum that introduced and supported this debaucle to the very end by supporting one of the most important bills in recent history to go to the floor chock full of pork!
I'll trade Bush for Lieberman any day! |
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