Thursday, February 09, 2012

 
 
 

 
 
 
 
 
The White House is now providing zero-interest rate loans to "distressed homeowners"
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Wednesday, August 11, 2010
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From Zero Hedge:

So who were all those saying this is an insane plan?

BN 8:30 *HUD WILL OFFER INTEREST-FREE LOANS TO DISTRESSED HOMEOWNERS
BN 8:30 *HUD ANNOUNCES HELP FOR HOMEOWNERS IN PRESS RELEASE TODAY

Washington (AP) -- The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation's toughest job markets.

The Treasury Department says it will send...

Read full article...

More government insanity:

"Barney Frank just lied straight to the faces of every American..."

Why your taxes are GUARANTEED to go much higher in the coming years

"Democrats have launched America on the most reckless policy experiment in its history"

Topics: Housing | Government Stupidity | Boondoggle
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