More than 50% of foreclosures now repeats

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More than 50% of foreclosures are now repeats. When Obama took office it was less than 20%. So those expensive government bailout programs aren’t really solving the problem for most people – just delaying the inevitable.

This post was last modified on January 26, 2021

J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

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  • These libtards solve financial issues the same way certain people may want to make jello stick to the wall: if you throw enough nails at it, it may stay stuck to the wall, until it collapses under its own weight and molecular construction. Rule of thumb: you can't push cooked spaghetti uphill with a fork and you can't nail jello to a wall and you can't solve all the worlds problems by stealing other people's money, taking most of it as confiscatory fees, fines, taxes, and undeserved wages and then throwing the pittance that is left at the problems. (sarc - I know I have this really incredible grasp of the obvious!)