John Boehner: Time For Government To Stop Helping Homeowners

[Galraedia]

WASHINGTON -- House Speaker John Boehner thinks it's about time for the government to stop trying to aid people with underwater mortgages.

Responding to a plan President Barack Obama unveiled Wednesday to help homeowners refinance, Boehner scoffed at the idea and then suggested government should get out of the way of increasing foreclosures and falling prices.

"One more time? We've done this. We've done this at least four times where there's a new government program to help homeowners who have trouble with their mortgages," the Ohio Republican told reporters on Capitol Hill.

"None of these programs have worked. I don't know why anyone would think that this next idea is going to work," Boehner continued. "All it does is delay the clearing of the market. As soon as the market clears and we understand where the prices really are -- that will be the most important thing we can do in order to improve home values around the country."

Read more: http://www.huffingtonpost.com/2012/02/01/john-boehner-homeowners-underwater-mortgages_n_1247755.html?ref=politics

[msongs]

1. bailed our banks/corporations - shoulda let them fail to clear the market nt

[notadmblnd]

2. when did they start? The only people I've seen helped are the banks

Boner must be looking to buy himself some cheap real-estate?

[EFerrari]

3. Correct. HAMP was an abject failure. nt

[Riley18]

4. When did the government start to help

homeowners? The only thing they did was give money to the banks.

[eShirl]

5. end all corporate subsidies and tax cuts for the rich first

and then we'll talk about Johnny's little concern.

[LiberalArkie]

6. He is correct, the only way it could work is to get the financial institutions out of the picture.

Including Freddie and Fannie.

[lpbk2713]

7. Good timing Boner.

That's the way to endear the GOP to the undecided voters while your
hopefuls are shooting themselves in the foot at every turn.


Keep up the good work Shithead.

[InkAddict]

8. Let's face it, John, available jobs don't support the 15-30 year mortgage racket anymore.

The banksters drained the potential for 20% downpayments (unless one inherits or wins the lottery); so until jobs pay living wages that also allow for savings and last longer than 3-6 months, only the big players (like you, John?) will be buying and/or refinancing homes that have been turned into devalued sheds and middle-classed/middle-aged homeowners into long-term vintage renters.

[Botany]

9. If President Obama shoveled the sidewalk for a little old lady

@ the bottom of a hill Boner would complain that Obama
doesn't want little kids to have fun and ride on sleds.

[muntrv]

10. Hey Boner! You voted for TARP!

[madrchsod]

11. he`s worse than a old delusional drunk sitting on the curb.