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U.S. foreclosure activity up in May as bank repossessions rise
#1
6-18-2015

U.S. foreclosure activity up in May as bank repossessions rise

Bank repossessions rose again last month, driving overall U.S. foreclosure activity to a 19-month high on an annual basis, industry firm RealtyTrac said on Thursday.

A total of 126,868 homes across the country were at some point in the foreclosure process in May, up 1 percent from April and up 16 percent from the same time last year, RealtyTrac said.

The number of homeowners actually losing their homes to foreclosure still well above pre-crisis levels and on the rise," said Daren Blomquist, RealtyTrac vice president.

Florida continued to post the highest foreclosure rates last month, followed by New Jersey, Maryland, Nevada and Ohio, RealtyTrac said.
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#2
People out on the streets, no McDonald's, don't think even Trump can save it.
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#3
(06-18-2015, 08:28 PM)dmcowen674 Wrote: People out on the streets, no McDonald's, don't think even Trump can save it.

What exactly do you think the sitting president has to do with the economy?

Corporations control all of our fates.
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#4
(06-19-2015, 06:14 AM)RolloTheGreat Wrote:
(06-18-2015, 08:28 PM)dmcowen674 Wrote: People out on the streets, no McDonald's, don't think even Trump can save it.

What exactly do you think the sitting president has to do with the economy?

Corporations control all of our fates.

You tell us, Rollo. After all you are the one who wrote:

http://alienbabeltech.com/forum/showthre...56#pid2356
Rollo Wrote:He obviously has American business figured out, which is important for a POTUS. (surprisingly enough things like Obamacare are actually a drain on our wealth)
Adam knew he should have bought a PC but Eve fell for the marketing hype.

Homeopathy is what happened when snake oil salesmen discovered that water is cheaper than snake oil.

The reason they call it the American Dream is because you have to be asleep to believe it. -- George Carlin
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#5
It's not as contradictory as it seems.

To a laissez faire capitalist like Trump, who understands American business, government exists to provide a good environment for business to operate in. He understands that we all either work for corps, or the money we do work for is somehow impacted by corps, and that our fortunes as a people rise and fall on corporate jobs and profits.

To a lawyer/professor socialist like Obama, corps are seen as a piggy bank to raid to divert money to the poor, who vote for guys like Obama. Obama endorses pointless idiotic laws like the "Bring Jobs Home" Act, which would have offered corps a whole 20% tax break on moving expenses to bring factories back to the US so he can say he's "pro jobs". (ignorant of the fact that it would still leave 80% of the moving costs with the corps, and that the law does not address any of the reasons the jobs left in the first place)

Trump would have laughed at the Bring Jobs Home Act, not pimped it on tv like Obama.
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#6
Unlike you, Obama understands that you have to handle change in small steps, you can't just magically fix a problem like bring manufacturing back to the USA in one big magical go.

His Bring Jobs Home act is one small step of many to accomplish the goal.
Adam knew he should have bought a PC but Eve fell for the marketing hype.

Homeopathy is what happened when snake oil salesmen discovered that water is cheaper than snake oil.

The reason they call it the American Dream is because you have to be asleep to believe it. -- George Carlin
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#7
(06-19-2015, 11:05 AM)gstanford Wrote: Unlike you, Obama understands that you have to handle change in small steps, you can't just magically fix a problem like bring manufacturing back to the USA in one big magical go.

His Bring Jobs Home act is one small step of many to accomplish the goal.

Gstan, if I gave you $100 to buy a F150 for $35,000 instead of a Yaris for $18,000, would you do it?

That's the nature of Obama's "small step". It was a pointless law no company would ever seriously consider unless they were moving jobs back to the USA for some other reason.

What are some of Obama's "many" steps to create jobs in the USA? Seems to me he spent the first two year getting the ACA passed and then public backlash in the last two midterms shifted power in the House and Senate has prevented him from doing pretty much everything he's tried since because Congress's position on anything Obama supports is "NO".
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