On Feb 7, 10:18*pm, Ignoramus31358 ignoramus31...@NOSPAM.
31358.invalid wrote:


What, specifically, has Obama done that has made you better off?

Restored general confidence tat a collapse of everything will not be
allowed.




Actually, yes, lower housing prices is a good and not a bad thing, it
means that houses are more affordable. As for those in foreclosure, it
simply is a result of loans that were given unwisely, at the time when
they were actually given.

You cannot blame Obama for a dumb loan made in 2007 to an
irresponsible borrower.

i


I do not believe that Obama restored confidence. I had confidence,
but it was shaken when Obama put the emphasis on the Health Care
instead of the economy. And it is somewhat shaken by the increase in
the national debt.

Lower house prices are a good thing, unless one wants to sell their
house or in my case some land. The land was acquired back in 1975 for
cash so no problem with loans. Just not much market for land and the
real estate taxes still have to be paid. According to the evalution
for taxes the land has gone down in value by 87k$ from 2010 to 2011.
That time period is all on OBama's watch. Problems selling applies
regardless of whether the loans were prudent or unwise.

Dan