“what happens when the feds ignore his request????”

Hollywood money helped elect The One. It’ll be interesting to see if he’ll return the favor now, or just bow to his Manhattan and Chicago constituents.

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“if you are thinking about defaulting on your mortgage, ask yourself the following questions”

It gets more interesting that defaulting on your mortgage. In the last week or so, here in Los Angeles, there have been carpet radio advertisements urging people to file for bankruptcy, and walk away from their debts. A “no harm / no foul” approach, which also cites the Federal government as approving it as a logical thing to do.

The ads a few weeks ago were telling people to call such&such a number to get information on re-financing, but they’re now just a blatent pitch for absolute bankruptcy, “walking away from your debts, and having the peace of mind you deserve.”