  Lilpup Member Username: Lilpup Post Number: 3250 Registered: 06-2004 |
Interesting prospect: Activists Ask Granholm For Economic State of Emergency "MECAWI has organized a rally on Saturday, Jan 5, at Central United Methodist Church, 23 East Adams at Woodward" | ||
Mcp001 Member Username: Mcp001 Post Number: 3157 Registered: 11-2003 |
Yes, it is interesting. But TPTB are too beholden to special interests. It'll never happen. | ||
Mwilbert Member Username: Mwilbert Post Number: 50 Registered: 11-2007 |
It isn't clear to me that a foreclosure moratorium it would be a good idea. The only way to get the housing market functioning is for prices to finish falling, so people are willing to buy again because they are no longer convinced they would be better off waiting. Having a bunch of houses hanging around in the hands of people who can't afford them (and will eventually have to sell them) for many years sounds like an excellent way to prevent this from happening. I don't think there would be much of a problem with restrictions on foreclosures or utility shutoffs during the winter though. | ||
Lefty2 Member Username: Lefty2 Post Number: 843 Registered: 07-2007 |
wow if that goes into effect I would even think about going into foreclosure. I could save a ton of money. | ||
Renfirst Member Username: Renfirst Post Number: 158 Registered: 12-2006 |
From the MECOWI website: "We demand a moratorium on evictions, foreclosures, utility shut-offs, school closings, plant shutdowns and lay-offs" Why don't they demand a moratorium on taxes, late fee's at blockbuster, and snow for that matter... I'm sure they'll all receive equal amount of attention... Pardon my cynicism... I understand that America's corporations have been receiving handouts from the government for years, but what do you expect the lenders to do when someone doesn't pay the mortgage... let them stay there for free? The solution to these problems isn't a moratorium... that won't do a thing... These are important issues, don't get me wrong, but these guys need to reconsider their approach... demanding a moratorium on lay-offs... ??? plant closings ??? exactly what can the governer do in those situations? | ||
Charlottepaul Member Username: Charlottepaul Post Number: 2188 Registered: 10-2006 |
"We demand a moratorium on evictions, foreclosures, utility shut-offs, school closings, plant shutdowns and lay-offs" -- would ruin the free market system the same as does freezing prices for a product... | ||
Lefty2 Member Username: Lefty2 Post Number: 922 Registered: 07-2007 |
Now they want to protest Jan 29th. This is a left wing extremist communist group. Maybe if they would get a job and work instead of protesting all the time, they could pay their bills. http://www.mecawi.org/ | ||
Charlottepaul Member Username: Charlottepaul Post Number: 2236 Registered: 10-2006 |
Yeah, some people just don't understand how the whole system works together and these naive people are very selfish. Sure it would help a struggling homeowner if he got a bailout, but that just isn't how things work... | ||
Urbanpioneer Member Username: Urbanpioneer Post Number: 20 Registered: 10-2007 |
I live in Detroit and believe in Detroit, but a bailout for those in over theirs heads is WRONG. There is a difference btw the person being foreclosed on because of a loss of income, sickness etc and a foreclosure because people got in over their heads. |
