View Single Post
Old 06-22-2011, 5:53pm   #6
AC54ME
Barn Stall Owner #66
Points: 4,607, Level: 46
Activity: 0.6%
 
AC54ME's Avatar
 
Join Date: Nov 2009
Location: PLANO, TEXAS
Posts: 723
Thanks: 57
Thanked 162 Times in 95 Posts
Gameroom Barn Bucks: $4290
Default

Quote:
Originally Posted by Tinkerbell in Texas View Post
just another attempt by the Democrats to stay in power.
Now what happens when these people don't pay back THESE loans???
According to the article the only requirement is principle payments for a period of five years.

I would wager that if there is a default - HUD picks up the tab - IOW, the US taxpayer.
AC54ME is offline   Reply With Quote