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Here's one idea to spark loans to low-income homebuyers again

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Filed: Timeline

and quit a bit of anti-rich sentiment too. difficult to say which gets the most as both get bashed pretty equally around here.

i think a good way to gauge that is by looking at the political environment and making an educated guess on which is more likely to face cuts - food stamps or subsidies for oil companies? i don't know the answer to that but i suspect it's food stamps.

one counter argument to that is ppaca (you guys call it 'obamacare'). it is redistributionist in a way i approve of - it will give money (subsidies) to purchase health insurance to many in the middle class who could not afford it. but then, they could never get enough votes to pass the medicare buy-in so all that money, while benefiting people who need it, will also enrich the insurance companies. so maybe that's a wash. i don't know.

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Filed: Citizen (apr) Country: Brazil
Timeline

i think a good way to gauge that is by looking at the political environment and making an educated guess on which is more likely to face cuts - food stamps or subsidies for oil companies? i don't know the answer to that but i suspect it's food stamps.

one counter argument to that is ppaca (you guys call it 'obamacare'). it is redistributionist in a way i approve of - it will give money (subsidies) to purchase health insurance to many in the middle class who could not afford it. but then, they could never get enough votes to pass the medicare buy-in so all that money, while benefiting people who need it, will also enrich the insurance companies. so maybe that's a wash. i don't know.

was that obamacare really aimed at the middle class or the lower class?

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Filed: Timeline

was that obamacare really aimed at the middle class or the lower class?

i am defining 'poor' as people who were already medicaid-eligible.

ppaca's biggest beneficiaries will be people who were not doing well enough to have jobs that provide health care but were doing too well to qualify for medicaid.

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Filed: Citizen (apr) Country: Ukraine
Timeline

:lol:

Why would we want to "spark" loans to low income people? Isn't that how we got into this problem to begin with?

Better would be to pass the FAIR TAX to make the USA the most attractive place to do business (and hire employees) which would make a lot of "low income" people not so low income and then banls who like to make profits would WANT to loan them money.

How about we spark loans by fixing the economy?

VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

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