We know these facts but what is plan B?

United States
July 16, 2009 2:59pm CST
By ALAN ZIBEL and TAMMY WEBBER Associated Press Writers 4 minutes ago WASHINGTON (AP) - Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing industry helped get the economy back on track. Home builders ramped up production, expecting buyers to take advantage of lower prices and jump into the market. But not this time. These days, homeowners who got fixed-rate prime mortgages because they had good credit can't make their payments because they're out of work. That means even more foreclosures and further declines in home values.
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7 responses
• United States
16 Jul 09
Obama went into this presidency knowing what he had to do ladies and gents. He is not here to SAVE anyone. In fact, he is here to bring about the New World Order. He could care less about the middle class, you and me, and is looking for ways to eliminate the middle class and 80% of the human population. Obama was never touted to be the saviour of America and if he presented himself as the saviour, it was all to pull the wool over the Obama supports eyes.
2 people like this
• United States
16 Jul 09
I agree with you momoftwingrils, it may take some time, but Pres. Obama wants everyone living with less, and he wants them dependent on Government. Pretty soon our electric bills will be doubled thanks to the new Cap and Trade laws. It's all about soaking us dry, so that the House and Senate can live like Kings.
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• United States
16 Jul 09
momoftwingirls VERY TRUE! great honest and sad response. Unfortunately the Obamaniacs will not realise until too late what a mistake they have made in voting for someone who cannot even show a legal birth certificate to prove he has any right to be president and was 20 years a member of a very racist church but was raised as a Muslim.....IMO a person would have to be crazy to vote for such a shady individual.
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• United States
17 Jul 09
How will people pay double the amount on lights. They do not have that kind of money and that means many will not have lights at all. How can they double peoples lights when there are no jobs, and lights are already high as it is? This is crazy!
• United States
16 Jul 09
I am pretty sure that whatever Plan B is it will cost us the taxpayer more money and further put our economy in the pits. I honestly do not think there is anyone in the government who cares about the American people!!!
2 people like this
• United States
21 Jul 09
It looks like they are rushing the formation of their one world order. It looks like they cannot get it fast enough and they do not know what they are asking for, now do they?
@bobmnu (8157)
• United States
19 Jul 09
Plan B is to have the government take over all forclosuers and you can rent your house from the government. There will be two classes of people the ruling class and everone else. You see it now in much of the legislation. Congress is exempt from the Health Care Plan, Congress and high government officals got pay rasises and bonuse - we were told to do with less. Soon you will work for the government, buy from government stores, and drive government made cars, and eat what the government decides to see for food and you will die when the governemtn decideds it is too expensive to keep you alive.
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• United States
21 Jul 09
Sadly, it all is headed exactly in that direction. Do they not know or care that this one world order will come back on them and bite them in the beehines. They are creating a system that will eventualy be run 100 percent by the number one bad guy? Do they expect the devil to have mercy upon them? There couldn't be enough wake up calls in Washington.
@GardenGerty (157050)
• United States
17 Jul 09
As far as I know there is no plan B. I have no doubt that things will be worsening before we pull out of this nose dive. It is painful to watch. I feel guilty, but relieved at having a stable job. I still like to earn extra money and sock it away, because one never knows, even with a good job, how long it will last.
• United States
21 Jul 09
You have made a point. There is no plan b. There should have been, and there ought to be. Oh well, they are on about the business of their one world order. Prayers for our world. Appreciate the response.
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@jillhill (37354)
• United States
16 Jul 09
I have a hard time with this as many people that had houses really couldn't afford them in the first place...and so many are just collecting their unemployment...at least that is what my boss says(she gets stastics from the state of Minnesota).....many are not actively trying to find new positions. Where I work they pay very good....we hardly ever have anyone come in and apply.....my friend is also a manager of a store and she says they struggle to find enough help...the Lord helps those who help themselves.....so taking a step to try to solve a problem should start right in people's own homes...
2 people like this
• United States
17 Jul 09
I am collecting unemployment, but it is only because I am on bed rest. I worked at the same job for 15 years, but I quit when I got put on bed rest because I had to bring in some kind of money just to survive. It's not what I want to do. It was hard to get unemployment because so many people who are out of work. And people are out of work because taxes have gone up, the economy has gone down...good job Obama!! And now with this national health care plan there will be even less jobs because small businesses won't be able to afford to pay the healthcare or higher tax for not carrying it. I think it is sad where our country is headed, and how many people that speak against Obama now, voted for him? I would say a lot.
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@dogsnme (1264)
• United States
17 Jul 09
The funny thing is that it was the housing industry that got this whole mess started. All because certain people in the Clinton administartion thought it wise to relax lending regulations so that people who had no hope of paying back a mortgage loan could buy a house. Owning a house is not a right it is a privelege that you work for. The government is not going to fix this problem precisely because it's the government's fault that we're in this mess to begin with. Nor is it the job of the government to fix these problems. It's the responsibility of the people. After all, it's our fault for allowing the federal government to become so powerful. If it were the responsibility of the government to fix all our problems then our founding fathers never would have fought for independence. They would have remained under British rule. The people are going to have to wake up and be responsible for their own lives and their own government if they want this oppression to end. That's exactly what being free is all about.
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• United States
21 Jul 09
Why would they want to work towards a one world order that they know from the bible clearly announces the arrival of the antichrist and why would step after step they rush placing Satan in charge of the world? These people are reading a different bible or they are not reading it at all. The words of the bible are coming true exactly as it was described.
• India
17 Jul 09
wat is ths plan B evevn i dnt understand itz beter if u speak in brief dear
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