Eric Cantor is as DUMB as a bag of rocks!

[Blue_Roses]

Did he even listen to President Obama's speech? Much of his concern was addressed in the speech.

Cantor looks and talks like a car salesman and Boehner always looks like he's on a 3-day drunk.:eyes:

___________________________


Republicans, analysts question Obama's foreclosure plan

WASHINGTON (CNN) -- Even before President Obama unveiled his home foreclosure plan Wednesday afternoon, some Republicans and political commentators questioned how exactly it would work to stave off a crisis plaguing the country.


President Obama's $75 billion home foreclosure plan would benefit 9 million borrowers.

House Republican Whip Eric Cantor, R-Virginia, along with Minority Leader John Boehner, R-Ohio, sent a letter Wednesday to the president "seeking clarification on six important questions about broad housing proposal," according to a press release from Cantor's office.

Obama unveiled his $75 billion multipronged plan in Phoenix, Arizona, that seeks to help up to 9 million borrowers suffering from falling home prices and unaffordable monthly payments. The long-awaited foreclosure fix marks a sharp departure from the Bush administration, which relied mainly on having servicers voluntarily modify troubled mortgages.

In the Phoenix area, median home prices have fallen 35 percent in the past year.

Obama, according to the proposed plan, will make it easier for homeowners to afford their monthly payments either by refinancing the mortgages or having their loans modified. The president is vastly broadening the scope of the government rescue by focusing on homeowners who are still current in their payments but at risk of default. Read more on his plan

But there could be fierce resistance among Republicans and some conservative Democrats on Capitol Hill.

Already, top Republicans want several questions answered, an early sign that Obama may once again face stiff opposition to the plan when it comes before Congress. Last week, not one House Republican voted for his economic stimulus package, and only three GOP senators voted for the bill.

The questions found in the letter from Cantor and Boehner to Obama include:

• What will your plan do for the over 90 percent of homeowners who are playing and paying by the rules?

• Does your plan compensate banks for bad mortgages they should have never made in the first place?

• Will individuals who misrepresented their income or assets on their original mortgage application be eligible to get the taxpayer funded assistance under your plan?

• Will you require mortgage servicers to verify income and other eligibility standards before modifying mortgages? Watch more on the home foreclosure crisis »

• What will you do to prevent the same mortgages that receive assistance and are modified from going into default three, six or eight months later?

• How do you intend to move forward in the drafting of the legislation and who will author it?

more...


http://www.cnn.com/2009/POLITICS/02/18/foreclosure.plan/index.html

[underpants]

1. As far as the first one- not having 2 or more empty houses in your neighborhood

thus cutting the ones who "played by the rules" equity cut by about 30% is how they will help out those who "played by the rules" you simplistic camera-glamming shortsighted Puketards

-this is not an official response for the Obama administration

[CreekDog]

2. That's very offensive

...to rocks. :eyes:

[Blue_Roses]

3. yep...

and I apologize for that:D

[Cha]

4. And, it's the corporatemediawhores' job

to prop up a bag of shit.

[Ioo]

5. Republicans so hell bent on being Party of No, these questions are DAYS OLD

[Blue_Roses]

6. It's so obvious that they want Obama to fail...

but they are too short-sighted to see that with failing their own constituents, they are the ones who will fail.

[jillan]

7. What's the matter? Isn't his wife's employer getting enough from this plan?

WaaWaa!


http://crooksandliars.com/susie-madrak/gop-house-whips-wife-didnt-know-her-b

WASHINGTON — A bank that employs the wife of Rep. Eric I. Cantor, R-Va., benefited from the $700 billion Wall Street bailout that Cantor helped steer through Congress last fall.

[ClarkUSA]

8. 2010 looks good! I hope the GOP keeps alienating voters with their Bizzaro World 'tudes.

[annabanana]

9. "The easy way", in one man's book,

Is to be a bit smarter than you look.

I've found it easier by far
To look a bit stupider than you are.

~ Ogden Nash (I think) ~

I would not turn my back on this viper for an instant.