Defaulted Loans May Haunt Seniors

[keepinitreal]

http://online.wsj.com/article/SB10001424052748704869304575103832457808828.html

[keepinitreal]

ex post facto law?

From wikipedia: An ex post facto law (from the Latin for "from after the action") or retroactive law, is a law that retroactively changes the legal consequences (or status) of actions committed or relationships that existed prior to the enactment of the law.

[momisery]

SS benefits will be hit by bad debts now.

http://finance.yahoo.com/retirement/article/109011/defaulted-loans-may-haunt-seniors?mod=retire-planning

[Michigan1951]

Found this at Wall Street Journal

http://finance.yahoo.com/retirement/article/109011/defaulted-loans-may-haunt-seniors?mod=retire-planning

It depends on what the loan was for? Not all defaulted loans. Not to panic yet...........plus, it has to do with student loans, and other loans related to gov.

[justbroke]

The system ate my response because the threads were merged! No fair.

Basically I asked in my post not to make political statements about Bush or any President, for that matter. Bush actually promised to VETO this bill. However, it passed the senate with 85% of the vote and Congress with over 75% of the vote... basically making it veto-proof. It was largely passed by the Democrats. Barrack Obama, as well as Hillary and John McCain didn't vote on the measure. Maybe smart on their part.

In the end, this is CONGRESS that did this, not the President. So, blame CONGRESS and help me replace 33% of them in 2010 and the other 33% in 2012.

Rock the Vote! Vote None of the Above 2010! is my campaign. (My name is JustBroke and I approve of this message.)

[Michigan1951]

Sorry about that. And, I like your post.

[momisery]

Sorry, but I did add in the Dems are just as bad.. lol... and they are.... WE need real people in Washington not parties.

[justbroke]

Just vote... NONE OF THE ABOVE 2010! Spread the word!

[ForumReader]

Just vote... NONE OF THE ABOVE 2010! Spread the word!

Amen, let's do that!

[justbroke]

At least a few of them are actually stepping down, like Chairman Dodd. I can't believe he let CNN Reporter Dana Bash catch him in an outright lie, on camera. This is who we elected folks. I am actually starting to think that States should appoint their own Senators again so that Senators represent their State, not their party.

[ORTNmom]

The system ate my response because the threads were merged! No fair.

Basically I asked in my post not to make political statements about Bush or any President, for that matter. Bush actually promised to VETO this bill. However, it passed the senate with 85% of the vote and Congress with over 75% of the vote... basically making it veto-proof. It was largely passed by the Democrats. Barrack Obama, as well as Hillary and John McCain didn't vote on the measure. Maybe smart on their part.

In the end, this is CONGRESS that did this, not the President. So, blame CONGRESS and help me replace 33% of them in 2010 and the other 33% in 2012.

Rock the Vote! Vote None of the Above 2010! is my campaign. (My name is JustBroke and I approve of this message.)

Hear, hear!

[sofarsogood2]

I prefer to look at each as an individual, noting their voting record. Vote None of the Above blankets all incumbants under one category (never a intelligent strategy- think racism, all men are..., all women are...,all lawyers are..., ect.), and it is just a tad rash and childish.

There are a few good ones in the mix, and I'd like them to stay.

You wouldn't happen to be a Republican? You sound a bit sour.

Think before you vote- don't react impulsively, without researching, before you vote. That's your responsibility as an American and a voter.

[justbroke]

I prefer to look at each as an individual, noting their voting record. Vote None of the Above blankets all incumbants under one category (never a intelligent strategy- think racism, all men are..., all women are...,all lawyers are..., ect.), and it is just a tad rash and childish.

First, I'll say that I'm glad that you actually look at each H.R. or S.B. and look at your particular Congresscritter or Senator's voting on those particular bills and see if it aligns with your particular viewpoint. I commend you because only about 2% of the populace actually does so.

I ask that you actually read my posts and what I instruct people to do. Please don't conclude that I'm for any particular party because I want to change Congress. My posts applaud those that check the voting record of their candidates and actually vote... None of the Above... if their candidate's (incumbent's) record doesn't reflect what you elected them for.

Sorry, this is the way it works. I'm actually a recovering conservative democrat turned independent.

The reason politics is the way it is... it's because people keep voting party, not progress. Your candidate should reflect your particular views and goals and if they don't, you should hold them to it by removing them from office. If we are so disillusioned and give a 16% approval rating of Congress, then why not vote on 66% of them in the next two cycles?

Perhaps your candidate is one of the good guys. I can't tell any of them anymore.

None of the Above, asks people to not vote along party lines, but to look at their candidate and especially incumbent again. Vote as though they are all new to the election and make them earn the vote. You can look at my "political" reasoning in other postings.

This is way beyond any particular party. It's about individuals. Otherwise, it would have read... Vote None of the D's or Vote None of the R's.

[sofarsogood2]

Thanx for the reply- I always have had alot of respect for your opinions and knowledge- I misunderstood your post.

I'm afraid that a "vote for none of the above" might be taken by some as a directive to vote out all incumbants- regardless of whether they have voted in your best interests in the past. Some people get in a rabid frenzy when they are angry, and end up voting against their own best interests.

People need to do their homework- do not trust your local or national news anchor- their opinion is not always in alignment with yours- they have their own bias. The internet has made ignorant voting easily avoidable- yet so many just don't bother to take a little time to be informed.

*sigh*