60-Minutes Might Stall Obama’s Recovery Efforts
Not that Obama’s recovery efforts amount to anything much more than a communist takeover anyway, but it sure will be interesting to watch how many homeowners will simply walk away from their mortgages thanks to 60-Minutes:
60 Minutes Runs Feature On Walking Away From Your Mortgage, And Now EVERYONE Wants To Know How They Can Do It
Joe Weisenthal | May. 10, 2010 – Business Insider
Did Minutes prompt a big cultural and economic moment last night?
The weekly TV news show ran a big feature on strategic defaults, and from what we gather it made strategic defaults look pretty sympathetic.
It also acknowledged that it could undermine the recovery.
Either way, we know LOTS of folks decided they want in on the action. How do we know?
Because all of the sudden we got flooded with search hits from people searching for information on how to walk away from your mortgage.
They were all landing on this handy how-to guide we drew up in January.
Do you want to get in on it? Click here to find out how.
Explore posts in the same categories: Economics, Economy
10 May, 2010 at 8:56 am
Just for fun I check my Zestimate on that site about every 6 months. My home (according to their numbers) has dropped in value 23,000 since the O-man took office.
10 May, 2010 at 7:06 pm
It’s all part and parcel of our ‘Dear Leaders’ plan to cause a catastrophic economic collapse,under the guise of ‘mending’ it. The chaos following a horrific economic failure would be all the excuse the Leftist Legions would need to restore ‘order’. Just look at the way these DC charlatans are playing ‘good cop/bad cop’ with Goldmine Sachs and the rest of the Lefts high finance pals.The Press releases and almost laughable,and the Senate ‘investigations’ are a mere smoke screen while they loot the treasury, and enrich their political supporters. Follow the money and it will lead you to the crooks.