Rat Says: Folks this is a great sign, the media is so scared of Ron Paul and his real surge that they have resorted to fabricating the whole sudden Huckabee fake surge. Here we see AOL of Time Warner, spamming their own poll to make it look like their two dead horses are neck and neck in the lead. Do they seriously think that us tech savvy Ron Paulers(all 3 of us) wouldn’t catch them? Like I said before, BRING IT!
00:04:14
Rat Says: Here we see Mitt Romney denying any responsibility for push polling himself. I would almost believe him except he blows it by comparing it to 9/11 conspiracies. Um Mitt? We know who blew up the buildings, is this a subliminal confession? Very odd. He has forced me to link The Politico’s Jonathan Martin and The National Review. This would not be something the CFR would shy away from doing and Mitt is one of their candidates.
00:01:10
Tax on Forgiven Mortgage Debt Hits Home Owners While Down
“…….The Internal Revenue Service treats all debt amounts that are reduced, forgiven or eliminated as part of a mortgage restructuring or foreclosure as taxable income,” Dietz writes in a special study for NAHB Housing Economics.
“For home owners struggling to make their regular mortgage payments, this phantom income taxation creates a disincentive against restructuring an existing mortgage to ensure continued payment and avoid foreclosure,” he says. “To prevent this tax from applying to home owners and lenders seeking to restructure existing mortgages, Congress must modify the nation’s tax code……..”
…….For most home owners who hold recourse mortgages, “the application of a tax on foreclosure represents a ‘hit them while they’re down’ tax on phantom income that violates the general tax policy principle of assessing tax liability according to ability-to pay,” Dietz says. “Home owners facing foreclosure are not experiencing a cash or liquid asset windfall, so most tax analysts would agree that the tax is punitive and unfair. The tax on restructuring also discourages loss mitigation efforts, thereby increasing the possibility of foreclosure……..” Full Article: nbnnews.com
Ron Paul’s Solution:
rachelbostwick
00:03:51
