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		<title>gdp's Comments</title>
		<language>en-us</language>
		<link>https://www.intensedebate.com/users/736726</link>
		<description>Comments by tendollargold</description>
<item>
<title>Big Government : Let&#039;s Be Frank, Mr. Vice President: The Stimulus Failed</title>
<link>http://biggovernment.com/tprice/2009/12/17/lets-be-frank-mr-vice-president-the-stimulus-hasnt-worked/#IDComment47756400</link>
<description>Rep Price America is in agreement with you.  The stimulus has failed miserably and the only beneficiary&amp;#039;s are the big banks!  I&amp;#039;ve tried working loan modifications for 11 months on $1.3M in investment property.  All I have gotten is the run around. Banks have made up rules that prohibit the ability for a modification to take place, the first being that the debtor must have financial&amp;#039;s that show positive cash flow on the current mortgages before consideration of a loan modification!  Then multi-unit properties must be fully occupied!  This is farcical in itself as if an investor wanted to purchase a property, the bank qualify the borrower using 50% occupancy or revenue!  The banks will only &amp;#039;consider&amp;#039; the modification if the property is 100% occupied. Thomas Jefferson was soooo right.  A central bank is nothing but a standing army against the people and the people are finding themselves homeless in the land their forefathers created.  Tomorrow my first property will go into foreclosure. </description>
<pubDate>Fri, 18 Dec 2009 05:13:08 +0000</pubDate>
<guid>http://biggovernment.com/tprice/2009/12/17/lets-be-frank-mr-vice-president-the-stimulus-hasnt-worked/#IDComment47756400</guid>
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