Quote:
Originally Posted by Ferd
I heard there are some non-spicifics out today. nothing solid yet. it seems there will be an attempt to help somewhere between 3 and 14 million people keep their homes.
bottom line here, if you bought a house for 150K and the guy next door to you bought a home for 150k and you are making your payments on time and the neighbor isnt, then he is going to get a check from the gubbermint and you are going to get bupkus.
both of you keep your home, but you pay for yours....and his.
this is the heart of the Obama plan. It is the heart of liberalism.
and it stinks.
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My family is in a postion to possibly loose our home. Ferd, we're working with "Loss Mitigation" to prevent it (have been for months now). Things began to spiral out of control around the time my mother got sick and passed away. She didn't have health insurance and the cost of trying to help her with medical bills and pay for her funeral was a tramendous blow to our finances. So far to prevent my family from being homeless and to save our credit we'll have to nearly pay double our mortgage. We are tax payers too. Nearly all of those in this position are tax payers Ferd. The bank certainly doesn't want the property, they can't sell it. It would sit vacant and my neighbor would hate to have a vacant house bringing down his property's value. We, the tax payers, voted for a Presdient who will use our tax dollars to try to save our homes and communities so that our families aren't on the street. Those tax dollars will serve us better than a tax giveaway to some massive corporation who'll just invest in the Chinese economy.
Of course...I know you could care less, it rubs your ideology the wrong way. Certainly some "charity" should take us in like vagrants in your shanty town dream of the American way.
Ferd, I know a pastor who is about to loose his home and is seriously thinking about moving into the church. You make it sound like people are a bunch of bums. We're people dude. And we all have a story to tell. Many of us encountered some hardship along the way in the middle of a sinking economy and our finances just couldn't take it.