Go Back   This Blue Marble, a Global Current Events Discussion Forum > Main Floor > Politics

Politics Step up and make your case on all manner of political topics.

Reply
 
Thread Tools Search this Thread Display Modes
Old 10-25-2011, 06:43 PM   #1
Ought Six
Dismember
 
Ought Six's Avatar
 
Join Date: Oct 2008
Posts: 35,164
Blog Entries: 15
Thanks: 179
Thanked 392 Times in 328 Posts
Arrow Rep. Jim Moran: Obama should unilaterally ‘refinance every home mortgage’

http://dailycaller.com/2011/10/21/co...#ixzz1bbz417o9
__________________
* I have the right to live, thus I have the right to defend my life from attackers who would take it from me.
* I have the right to my private property, thus I have the right to defend my property from thieves who would take it from me.
* I have the right to self-determination, thus I have the right to defend my liberty from tyrants who would take it from me.
* The only usable tools for these tasks are guns, and thus I have the right to shoot anyone who would take my guns from me.
Ought Six is offline   Reply With Quote
Old 10-25-2011, 07:59 PM   #2
Sysiphus
Senior Level 6
 
Sysiphus's Avatar
 
Join Date: Aug 2008
Location: Seattle
Posts: 7,767
Thanks: 445
Thanked 1,204 Times in 728 Posts
Fortunately that would be unconstitutional in like 1000 different ways.
__________________
Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you.

F. Nietzsche
Sysiphus is offline   Reply With Quote
Old 10-25-2011, 08:27 PM   #3
leistb
Senior Level 6
 
leistb's Avatar
 
Join Date: Sep 2008
Posts: 9,500
Thanks: 831
Thanked 1,719 Times in 829 Posts
Quote:
Originally Posted by Sysiphus View Post
Fortunately that would be unconstitutional in like 1000 different ways.
Ahhh, but there's an election to be won.
leistb is offline   Reply With Quote
Old 10-25-2011, 08:41 PM   #4
BoneDaddy
Constitutional Militant
 
BoneDaddy's Avatar
 
Join Date: Aug 2008
Location: Neocon central
Posts: 597
Thanks: 4
Thanked 18 Times in 13 Posts
Quote:
Originally Posted by Sysiphus View Post
Fortunately that would be unconstitutional in like 1000 different ways.
The constitution specifically prohibits the fed.gov from interfering in contracts. However, they have done so on numerous occasions in the past. Perhaps the most heinous are the "gold clause" cases in the FDR administration when the SCOTUS deemed it constitutional to nullify said clauses in existing contracts.

see Norman v. Baltimore & Ohio Railroad Co., Nortz v. United States, and Perry v. United States.

So the fed.gov doesn't give a rat's a$$ whether or not anything is constitutional. They know that by intervening they will pick up votes, just as FDR concluded.
BoneDaddy is offline   Reply With Quote
Old 11-04-2011, 07:49 AM   #5
Ross
Lifetime Member
 
Ross's Avatar
 
Join Date: Aug 2008
Location: Melbourne Australia
Posts: 13,528
Thanks: 4,528
Thanked 4,874 Times in 2,233 Posts
These people are just plain frightening .

__________________
All paper is a short position on gold.

“Gold is money. Everything else is credit.”

“If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.” ( Noam Chomsky )
Ross is offline   Reply With Quote
Old 11-04-2011, 09:05 AM   #6
Exodia
Khan of the Golden Horde
 
Exodia's Avatar
 
Join Date: Aug 2008
Location: Southeast PA
Posts: 10,304
Thanks: 2,079
Thanked 3,631 Times in 1,717 Posts
No thanks, I'm good.

What this would turn out to be is more "share the pain" crap, as that currently if 50% (made up number) of the mortgages are screwed up, having the government re-do everyone's mortgage would guarantee 100% screw-uped-ness across the board.
__________________
"Now, mark my words. So long as we are a young and virtuous people, this instrument will bind us together in mutual interests, mutual welfare, and mutual happiness. But when we become old and corrupt, it will bind us no longer" - Alexander Hamilton about the US Constitution.
Exodia is online now   Reply With Quote
Old 11-04-2011, 09:55 AM   #7
Potemkin
Omne ignotum pro magnifico
 
Potemkin's Avatar
 
Join Date: Aug 2008
Posts: 26,479
Blog Entries: 3
Thanks: 93
Thanked 4,133 Times in 2,177 Posts
Quote:
Originally Posted by Exodia View Post
What this would turn out to be is more "share the pain" crap, as that currently if 50% (made up number) of the mortgages are screwed up, having the government re-do everyone's mortgage would guarantee 100% screw-uped-ness across the board.
More like punishing those who were financial responsible, paid 20% down, paid their mortgages on time and resisted a McMansion.

As for Representative Moran.

__________________
“The price of freedom is the willingness to do sudden battle anywhere, any time and with utter recklessness.”
― Robert A. Heinlein, The Puppet Masters
Potemkin is offline   Reply With Quote
Reply

Tags
2011, congressman, home, mortgage’, obama, october, unilaterally, ‘refinance

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 11:09 AM.


Powered by vBulletin®
Copyright © Jelsoft Enterprises Ltd.