Saturday, July 4, 2009

Stimulus Has Been Foreclosed Upon

Related: Stimulus Was Stolen

"Stimulus funds sought to fight foreclosures" by Katie Johnston Chase, Globe Staff | July 4, 2009

The stimulus funds will be targeted at low- and moderate-income residents in Massachusetts cities hit hard by foreclosures: Boston, Chelsea, Revere, Everett, Lynn, Lawrence, Worcester, Fall River, and New Bedford. In some cases, homeowners who have lost their jobs or had their wages cut can no longer afford to pay their mortgages. At the same time, falling home values make it difficult for many to refinance loans because they owe more than their properties are worth....

Here it is TEN MONTHS AFTER TRILLIONS were shoveled at Wall Street and NOW they are getting around to HELPING the AVERAGE HOMEOWNER -- maybe?


The money, part of $1.93 billion in federal funds dedicated to combating the impact of home foreclosures nationwide, is expected to be awarded by the US Department of Housing and Urban Development in the fall.

Yup, BANKS GET TRILLIONS of YOUR TAX DOLLARS and YOU GET CHUMP CHANGE of it to HELP YOU, American!

And YOU GOTTA WAIT a YEAR!!!!


“We have systems in place, and we’re ready to roll....’’

Oooooh, I don't like THAT type of
TALK!

--more--"

Btw, WhereTF ya been?