Angry renters, unite!
I want you to look at this chart, via AngryRenter.com. While ACORN and the housing entitlement mob get all the press, look who’s not getting attention.
Now, here’s some feedback in response to my appearance on FNC’s Neil Cavuto show this afternoon in support of renters (self included) who are getting the shaft from the housing entitlement-mongers:
From reader Sean…
Michelle,
I just saw you on Cavuto and had to write. Thank you for being someone who actually gets it. Both my wife and I enjoy your commentary. My wife and I were married in 2006 and currently rent an apartment in Columbia, MO. Our rent is cheap and we were going to buy a house when we got married but figured we would be responsible and save our money for a large down payment. We have held off buying a home because we felt the need to be financially sound and have an investment into our home. Neither of us have any debt, my MBA is paid for, and we have saved enough for a large down payment. We are now ready to buy a home, only to realize we are getting screwed by our government. It’s a sad day when those who are not responsible are rewarded for being complete dolts! Anyways….we’ll make it. Thanks for sticking up for us.
From reader Randy…
Michelle,
Thank you for saying on national TV what I have not heard anyone else say. My wife and I made a personal decision to not buy a home, because we knew we could not afford one. My wife and I rent, and are aggressively trying to get out of debt from when we were both in college. She is a pre-school teacher, and i work for the local Republican Party. We looked at purchasing a home, but decided we wanted to be able to put at least 10% down. Our combined income is less than $55,000 a year. We both work hard. We both expect to pay taxes, but we don’t think it is right to have to bail others out who made bad decisions. Whatever happened to personal responsibility?
Who is out there speaking on behalf of us working, trying to live what we perceive to be the American Dream, which is not living off of government hand outs. We appreciate your message, and encourage you to continue taking every opportunity to get the message out.
Are you an Angry Renter? You can join AngryRenter.com and get active. If you don’t speak up for you, no one will.
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If that segment was just labeled “Delinquents”, it would probably be more accurate.
My rent is $815 per month (before utilities) for ~750sqft in southern Seattle. Wheeeeeeeeeeeeeeeeeeee, responsibility rocks!
I used to be a renter, and also someone who has lived in a small travel trailer when I needed to save money for a home.
Wise people live below their means and responsible people don’t expect someone else to pay for a home for them!
And if I ever get behind in payments, I sure wouldn’t expect the government, i.e. taxpayers, to bail me out! I’d go back to living simply and cheaply.
Home ownership is not a right!
Responsible renters?
We have Katrina “victims,” in SE Texas, angry because FEMA quit paying their bills.
After three (plus) years, how dare we expect them to fend for themselves! (sarc)
But I need my own kitchen!
I’m renting and my landlady offered to sell me the house cheap. I intend to buy as soon as I pay some debts and get my financial situation in shape to be able to afford it. At the height of the subprime boom I could easily have gotten a mortgage but I won’t borrow money I’m not sure I can repay.
I’m really angry that people who greedily and irresponsibly bought houses they knew they couldn’t afford are getting bailed out at the expense of people like me.
I feel like Obama and the Democrats are spitting on me.
Thank you, Michelle, for raising your voice for people who take their obligations responsibly.
But you don’t understand. If they started paying their own bills, they’d have to go out and find a (choke, gasp!) job!!
We should be tapping renters to buy these homes that are on the foreclosure block, not bailing out the morons who don’t pay their bills.
Thank You MM! I pay $1600 per month and may have to move because I was downsized from Full Time consultant to Independant Consultant. Meaning I don’t get a check to sit on the bench anylonger and have to wait till a project comes in before I get paid.
Obama did exactly what he said he was going to do “Spread The Wealth” from producers to non-producers!
If trickle up worked so well Mexico & Venezuela would be worl powers!
txvet2 ~
They are actually featured on the local news as not knowing what to do when the gov’t. $ stops!
ironworkds ~
Idea ~ Let’s trade places.
Responsible renters get the foreclosed homes. Irresponsible homeowners return to renting!
We did rent, didn’t like some of the neighbors.
So we got a house within our means, with a normal 7% rate, re-fi’d a couple of years later to 5 1/2%, and just figured we’d rather have a few hundred less square feet than be sweating the mortgage each month.
I suspect our house has devalued quite a bit, and our we probably owe almost as much on the house now as it is worth.
But, since we didn’t buy the house as some kind of investment (although we hoped it would be one, and we appreciate the mortgage interest deduction), it doesn’t really matter if we did briefly go ‘upside down’ on the mortgage, as it still keeps us dry and comfortable and has a nice kitchen and bedrooms for us to sleep in. And cable TV. And a nice orange tree in the back yard hardy enough to survive these brutal Texas winters.
Hard to get overly sympathetic to people who got in over their heads on their mortgages.
I’m an angry renter for this reason:
Because of the mortgage thing, people have let their homes go. More homeowners defaulting and then flooding the rental market has meant an increase in rental properties. I’ve seen my rent rise over $100 per month in a year thanks to the deadbeat “homeowners.”
Hey, what about ME!?!? I am both a renter and pay a mortgage! Three years ago my wife and I made the conscious CHOICE to take a job 750 miles from my then residence. We knew what we were getting into.
We still have our home in our old city and have made every single mortgage payment either on time or early. No, it isn’t rented out. Infact, no one lives in it.
We also pay rent in our new city, have since we got here. Our current landlord is ecstatic to have a renter that pays either early or on time every single month and treats her house like it’s our own. She is happy enough with us to tell us we won’t see any increase in our rent for the next THREE YEARS if we stay, no matter what work she puts into the house.
To be able to pay for both houses, we drive older vehicles that are paid for. Sure, they have some miles on them, like 174k on one and 118k on the other. We learned to make our income cover all of the bills. We are within about $4k of being completely out of non-mortgage debt. It certainly isn’t because our income is so high. Combined, we didn’t break $80k this year.
These bums in Washington don’t care. They don’t care about you, me or anyone but themselves and winning the next election.
I swear, if there was a better place to live, I’d go tomorrow. There isn’t. That means those of us who really are patriots and love our country have to stay here and fight for our country to stay the greatest place in the world to live.
How do we fight big government? Vote. Make your voice heard in your local city hall, your county buildings, your state legislature and in DC. Sure, none of those bums I just listed give a damn about one or two of us at a time. Look back at the Shamnesty Bill. Hundreds of thousands of us raised hell and it went down in flames. Porkulus/Generational Theft got zero support from House Repubs and only three traitorous, slimey, low-down turn-coat weasels in the Republican party voted for it in the Senate. Why? Because we made our voices heard. We even got some Dems to vote our side!
We can make a difference, but only by being loud, being seen and being heard. Most of all, by being THERE!
Put down the cookies, sit down the soda and pick up your phone, pencil and paper, your mouse and keyboard, whatever. BE THERE! Make the chumps in our various branches of government hear us. They might not acknowledge us at first. When a few of these empty suits get replaced, the others will either fall into line or get replaced.
Murtha the Oxygen Thief got relected. Know why? No, not because he is the incumbent, not because he is smarter or prettier or looks better on camera. That fat pile of lies and greed got relected because not enough people went out and worked hard enough for his opponent to beat him.
Care enough to do enough.
When my Mother became ill and unable to live alone, we sold her small home and together bought a new house with a layout that met both our needs and moved in together where I became her 24/7 caretaker. Our payments were $1100 a mo., we put $90,000 down on a $190,000 home. After 4 years, my Mother passed away and the bank forced me to renegotiate so I could get her name off the loan. The house at that point was appraised for $550,000.
Even though I did not finance for that full amount, my payment went from $1100 to $3000 due to the higher interest they charged and some money I took back to pay off all my Mother’s medical bills (about half of my original cash down payment money, so I still had $45,000 invested plus money paid to the loan over 4 years), while my own household income was cut in half.
I knew this was a disaster waiting to happen, so I put the house on the market. I ended up taking a $250,000 bloodbath, getting out of the sale a total of $60. Considering myself lucky to stay out of foreclosure.
Now, I have to pay $1800 a mo. rent for a small house, about a third of the sq. ft. I had in my own home and no benefit of home ownership. My kids had to move in with me so that I could afford the rent. In Calif. this is not high rent, BTW.
So, for the first time in my life since age 23, I do not own my own home. I’ve lost all my money and I’m on a fixed income that will prohibit me from ever saving enough to buy another house, even if I could find one I could afford.
Of course, there is no recourse for those of us who tried to do the responsible thing and not allow their loans to go bad and it really really frosts me that I’ll now have an even bigger burden in the form of taxes to finance others to stay in their homes. I’m barely scraping by now and it is taking 3 incomes to keep a roof over our heads. We can’t afford to move because there isn’t even enough left over to rent a U-Haul let alone pay moving expenses to get the heck out of this state.
I scrimped and saved for years so as to pay for my own retirement. Now I’m over 60, partially disabled, and trying my best to live on my retirement income since finding a job at my age and with my infirmities has proved to be impossible. I didn’t buy my house as an investment, I bought it to be my home. Now I have no investment nor a home to call my own. I guess I should be happy my car is paid for since that is where I and my dog will probably end up living if this keeps going the way it looks like it will be.
We had a house that was probably more than we could afford. We could make the payments, but we didn’t have a lot left over.
Because of that, and a couple of other reasons, we sold it and now we rent a duplex. We are saving money so we can make a good downpayment on our next place. Our landlord actually did a double take when he saw our 700+ credit rating. He said people usually rented because their credit scores were so bad they couldn’t get a loan to buy.
Now, people who bought more than they could afford, and with credit ratings so bad they couldn’t get a good interest rate, are being rewarded. While people who are responsible with money are being punished.
Every Congressman who supports this insanity needs to read The Total Money Makeover by Dave Ramsey.
I am also a renter by choice. I have owned homes in the past but got priced out while I was changing careers. I could buy something in the next year or two but I am very concerned about CA government’s hostile attitude toward property owners and business in general. I wouldn’t buy into this market at any price. It’s not all about affordability. It’s also about being trapped in a property under a hostile socialist government.
If things don’t improve, include me among those who may leave CA. I have a client-based business that allows me to do business anywhere I choose. That’s why raising taxes does NOT necessarily generate higher tax revenues. Republicans used to know that. You hear than Arnold and Abel?
My warmerst, most sincere kudos to
You are the inspiration, sir; reading your post made me feel good, about America again.
Best wishes to you and yours~!
Wow, your interest rate must have gone to about 15% or you are too stupid to own a home anyway.
With the info you provided, at worst you should have owed $145000. At 8% over 30 years with taxes of $10000 and insurence of $5000 (which would be on the high side in most places) your payment would have been approximately $2300.
It is easy to fix the credit crisis. Just criminalize delinquency. Put the fear of god in these reckless borrowers. See how quickly they will pawn their bling bling to pay their loans. Problem solved.
pal2pal obviously (if she’s not completely lying) took a huge chunk of cash out of her equity when she renegotiated her mortgage. pal2pal, sad as it is, there’s no one to blame but you for doing this. It’s almost always a mistake.
Rick Santelli (ranting here; http://www.youtube.com/watch?v=bEZB4taSEoA) has a poll: “Would you attend a Chicago Tea Party?”
http://www.cnbc.com/id/29283701
Yes. But I’d rather go to DC.
No thanks. Corporate America writes too many laws already. (And not that it matters any more, but there is the slight conflict with the vonstitution.)
*constitution
You know I have no problem with welfare but include it in the unemployment benefits of people that work and lose jobs. This way we won’t have the cyclical welfare merry go round of collectors. No family dynasty of collecting it is only for families in need and make it low enough you have to work!
I didn’t see MM on Cavuto so I don’t know for certain what she means when she says renters are being screwed. Is it that there are less homes on the market because the government is preventing foreclosures? Can anyone help me out?
Yeah I know. This idea is too politically incorrect.
blogagog – pal2pal said she took money out to pay her mother’s medical bills. You might try reading the comment more thoroughly before calling someone a liar. It’s all in her post.
Now apologize and play nice.
Did you not read my post you idiot?
Here it is.
And here are the links to check my FACTS:
http://partners.leadfusion.com/tools/wellsfargo/pathway/pw_home02/tool.fcs
http://partners.leadfusion.com/tools/wellsfargo/pathway/pw_home02/tool.fcs
I read it and did the simple work. You might take the time to research the information before telling someone to play nice you twit!
Try the numbers yourself!
That was stupid. They aren’t responsible for them.
But wait – they put her name on the mortgage, even though they knew she was sick? So I suspect that the bank didn’t force her to refi….the estate needed to be settled.
pal2pal should have invested in an estate planning lawyer, it seems.
Sorry everyone, links are the same in earlier post, just hit “get results now” to see payment.
You too joy if you think you can handle it, and no I will not play nicxe!
First of all, I’m not too stupid to own a home Hunter. 2nd, I did take cash out to pay down a couple hundred thousand dollars in medical bills, not enough to pay them off, but enough to get them off my back and I had probate charges, etc, etc. Yes, I got gouged on interest at 11.5% jacked up from the original 6.5% plus tacked on fees that were legal but pushing it as to legality and seemed astronomical to me at the time, and I knew it, but I was under the gun and the bank was not helpful, so I had to take private financing or lose the house to a technicality brought on by the co-owner’s death. At least I saved the house until I could find a buyer.
Third, I don’t blame anyone, I take responsibility for my own actions, stupid or brilliant. I saved my credit, moved my house to sale, paid off all the debt, so that I am debt free, including debt left over from my Mother’s long care.
I have never asked anyone for anything, nor taken a dime I didn’t earn, nor would I. I pay my taxes, pay any bills I have on time, have a good credit rating and have lived responsibly. So keep your insults to yourself.
But, I do not want to be paying for anyone else, what is so dumb about feeling that way? Did I mention I live in California and we just got a royal screwing today so that all the beneficiaries of the nannystate, the unions and illegals, can still live off the public dole.
Let’s not even try to discuss how section 8 and, other programs distort the rental market.
Yes, we live and learn. It was a hard lesson.
And just for the record, it isn’t all that easy to make the optimal decisions when faced with choosing between the lesser of two evils, especially when you are going thru the grief process at the same time and everyone is demanding a piece of you yesterday. I did the best I could at the time.
Still don’t buy it, and if the bank you were working with was offering 11.5 and you have good credit which I would assume by this:
“I saved my credit,”
Then yes you are too stupid to own a house. If you have good credit that you saved, you should have laughed at the loan officer and walked out, gone to a new bank and refinanced.
You are welcome to challange my numbers, but I used a national bank website and your numbers are off.
Nice try.
Pal2Pal
That’s what I thought.
You are too stupid to be posting here Hunter. Take a reading lesson.
I said I had to take private financing due to a technicality that I couldn’t overcome with the bank. Believe me, I tried to work it out with the bank, but at that time, they weren’t budging. Remember this was me as an individual and me as an executrix of an estate trying to work this out. I’m not about to post every little detail to satisfy your inability to read. Suffice to say, it was all very complicated.
I think you are a jerk and I do not appreciate you implying more than once that I am a liar.
Michelle wanted feedback from renters, that was what I was giving. I was not trying to get into a discussion about my personal path over something that is now 2 1/2 years in the past and resolved. I am the one who lives with the outcome and I’m sure not asking you or anyone else for a bailout. So shut the %@#%@% up about things you obviously know nothing about and have never experienced. I’m not happy at my losses, but at least I can hold my head up, unlike a loser like you. How much bailout money are you waiting to get your grubby little fingers on anyway?
I venture to say these mortgage dodgers are the direct products of “The Great Society”…the foundation directly responsible for the current housing crisis…WELFARE!
I read everything fine, I used YOUR numbers and if you had good credit, you are once again too stupid to own a home.
I am not waiting for any money from the bailout, and I wash my hands and trim my nails religiously thank-you. I bought a home well within my means even if there was an unforeseen problem (buying with a sick realitive would be not be unforeseen, I am sorry for your loss, don’t get me wrong) and there is no way I would let myself be put into the situation you have explained by any bank, once again, you insinuated you have good credit. I am not asking for intricate details of your situation either.
Also, do not think you know what I have and have not experienced, and as I said, I used YOUR numbers for my analysis and it does not add up, so if you do not appreciate being called a liar, do not try to pass off phony numbers as the truth.
I’m an angry renter and here’s why:
My husband and I have been renting for the past 8 years. First an apartment and then two homes. We move around every 3 years and are quite adaptable and flexible when it comes to living environment, rent, and paying our bills on time. I never thought that after everything that I’ve gone through as a military spouse that in the end the federal government (and my country) would sell me out.
My husband and I have done everything in our power to save for a house and wait until it was the right time for us to buy a home. What are these deadbeat “homeowners’” excuse? Nobody forced them to buy too much house or for that matter not put any money down or pay too much in mortgage payments for a house out of their income bracket.
Failure is a part of life. It’s time for these deadbeats to take it on the chin. It’s really a pity when Americans think they’re so precious and special that their fiscal irresponsibility cannot be challenged.
Go rent like the rest of us if you cannot afford a house. Do the common sense thing! Yeah, I know…. I’ll hold my breath.
Hunter (your name)… apparently blogablog (name of person I was commenting to) isn’t the only one who doesn’t read thoroughly. I did not direct my comment to you. blogablog stated pal2pal had taken money out or she was a liar. I simply pointed out that she had stated that in her post. Guess what? That makes her not a liar.
I said nothing concerning your comment or numbers. Take a chill pill why don’t you. Are you always this reactionary?
Whatever Hunter, I saved myself from foreclosure. I was unprepared for the bank informing me the day after I buried my Mother that I had 30 days to satisfy the loan or they were taking over since I was not the sole loan holder and the estate had to be settled. Remember that my own income was halved when my Mother died. My credit was good then, it is good now, but my income alone was not enough to pay off the loan in full or even to refinance the existing loan as it was. I did what I had to do at the time to buy myself enough time to get the house on the market. By the time it sold, the bottom had fallen out of the real estate market in my area and I had to let it go at a firesale price. I got out before it became an upside down loan, something my former neighbors have not been able to do and for that I’m fortunate. I used every resource I had at my disposal and exhausted my savings to keep the mortgage payments current until the house sold thereby saving my credit.
I wonder if you would be quite so arrogant if you were alone, suddenly lost half your income and had to pay off your house in full within 30 days plus have thousands in other expenses to handle as well. And do it all while working thru your grief and recuperating from a very painful broken back (which I was at the time). It was because I had lived responsibly for 55 years that I was able to survive the downturn and had savings to cover the unexpected and now I survive by having reduced my standard of living and living as frugally as possible although with the tax and fee hikes we are now facing in Calif., I’m not sure how anyone is going to survive. And my original point is still the same. I really really resent that I’ll have to finance someone else’s debt with my taxes.
There is always a silver lining if you look for one. In my case, I was forced to liquidate, with penalties, a retirement investment account, but I did it before the bottom dropped out of the market, so those penalties look like peanuts, compared to the losses I’d be looking at today if I hadn’t had to liquidate then. Am I unhappy about not having the equity I counted on or the investment money I had intended to live on in retirement years, yes, but life goes on and I have lived long enough to know that things eventually get better over the long haul.
pal2pal – Most people can see you did nothing unethical or wrong.
The bank got paid
The hospital and doctors got paid
You didn’t look to the government to bail you out and aren’t asking now.
Sounds like you adapted quite well. Congrats to you.
I really don’t see why anyone is having a problem with what you said. Sheeesh, some people.
I live in People’s Republic of Kalifornia too. All they need to do to balance the budget is stop giving freebies to illegals.
AMEN…
Lucky for some of these people for not living 200 years ago. Back then, they would have ended up in debtor’s prison. Today, instead of being taken to the judge, you can run to the judge, or congress. Your neighbors pay the penalty. I guess morals and responsibilty are “old-fashioned” now. The government, in its quest for total socialism and control, encourages it.
Consider me one of those angy renters as well. And it’s one of the reasons why I’ll soon be sporting this on my bumper…
http://www.cafepress.com/mortgageproblem
This is why “Atlas Shrugged” should be required reading!
My big worry is that one ugly incident from these on-going protests, and BO will use it as an excuse to take our guns away! I’m advocating secession, fellow Texans, before they try to confiscate our weapons!
Funny thing – if you don’t borrow to own something, you in fact own it. Otherwise, the lender owns it and you are just getting the use of it.
I know that’s a principle that is lost on most – including almost every “financially educated” individual. The “smart money” says to borrow and pay back with inflated dollars (worth less than the ones you purchased originally). The “smart money” says there is an optimal amount of debt – getting to use item X while you put the money toward item Y, thereby getting the use of both X&Y for only the immediate costs of one of them.
What the “smart money” doesn’t tell you – if you don’t own it, if something goes wrong FOR ANY REASON, you own neither X nor Y and will be out both.
This makes no sense. I think you are making a cause and effect argument where none exists. If there is an oversupply of rentals, then the price would go down. Is it possible that the reason your rent went up $100 has nothing to do with the prices of homes or number of foreclosures, but rather costs the landlord has no control over – things like insurance for instance. Or maybe the landlord just raised the price because the increase is what the market will bear. You are paying it aren’t you. If you don’t like it, move.
I am stuck with two mortgage payments and a house 500 miles away that I cannot sell. I may have to give it away to sell it, but I refuse to “walk away” as a professional co-worker threatened to do with her house. By the way, she is an Obama supporter. What sorcery prevents these people from seeing that Democrats caused their discomfort and now want to double-down on more of the same? Wow.
Thanks to this predatory government in power, we are in for a long Jimmy Carter economy at best, and we may never pull out of it given the fact that the system is so corrupt and so damaged. But I believe that eventually there will be a very aggressive backlash from the people against this rising neo-communist government power structure. May God bless and have mercy on America.
“We did rent, didn’t like some of the neighbors.”
So YOU are the racist Attorney General Holder is talking about. Shame on you for moving to a location with neighbors you actually like. What do you think you are doing? Being racist and all!
Sorry to offer a voice of dissent here but all this pointing to people not paying their bills and they would have been in debtors prison if this happened some time ago, you are missing just how these financial institutions have created whole lot of nothing more than indentured servants.
Yes people including myself are responsible for our choices and I am responsible for my debt load and I do not want your money to pay my bills. I am a conservative.
However the assessment of our current situation that leaves out the financial institutions creating a whole nation of indentured servants is an incomplete assessment.
There is much wrong with our current situation. NO I do not want the government to fix it. But our financial situation and how we have gotten to where we are does need to be fixed. Acting like the target for that “fix” is just on the consumer side is flawed.
Its on both sides of the equation. If we don’t address both sides, we will not fix anything.
Again do NOT want the government to fix anything, do NOT want redistribution of wealth.
Fixing it still needs to be done however.
A truth to be repeated and then said again.
Use it up
Wear it out
Make do
Previous generations left us mountains of good advice, we need to relearn some of the old truisms. There is a whole world of difference between miserliness and waste-it is not a matter of either or. It is a shame those in government can not learn these truths.
But that doesn’t give the government the right to allow financial institutions to take advantage of people. Usury laws used to cover this. All the new fees and the ability to jack up interest rates on credit debt were not possible in the past.
I’m all for personal responsibility and Caveat Emptor, but likewise expect my government to place restrictions that keep the marketplace reasonable.
The way the bankruptcy laws were recently(2005) changed at the behest of the credit companies and with the approval of the Republican Congress and Bush was downright disgraceful.
I rent. I was thinking of buying a house a couple of years ago, but the prices in CA were obviously way, way inflated.
So I rent, and put the money I save by not having a mortgage into a savings account, hoping that it will still be there when the Dippy Dems finish screwing around and some Republican finally gets the thing done.
401K’s and IRA’s are trashed, but it’s an “unrealized” loss, meaning I can’t deduct it, much as I would love to.
“But that doesn’t give the government the right to allow financial institutions to take advantage of people.”
I agree and said that as well.
The idea that its JUST consumers being irresponsible is flawed. The banks/finance industry helped create the players in this crisis by their own actions. Getting people hooked on credit/financing has been the m.o. for some time in our market place.
Its like when the doctor gives a person an addictive drug and then the person has trouble getting off the medication. Its not JUST the person who took the medication’s fault. Doesn’t mean that person is not responsible. Just that the picture is bigger than the consumer side of the equation.
If we really want to fix the financial “crisis”, all parts of the setup that led to the crisis need be identified. The banks/credit card companies/etc., have a part in this. Its not JUST consumers who are irresponsible.
Buy when prices/mortgages are low, rent when high. Anything else is the province of suckers.
Hey waitaminnit! We are bailing out the suckers!
I guess we are the real suckers…..
I’m a renter and have been my entire adult life. I make no claim of being a wise personal finance manager. I did have the good sense to know I am not the homeowner type.
If we are going to help struggling home “buyers,” I think struggling renters should get some help too. C’mon… if the government is going to buy out foreclosed mortgages, it should buy out delinquent rents and leases. People of all sorts are experiencing hard times, so we should help everyone, not just certain irresponsible people.
Giving ‘help’ to people who wanted to own homes got us into this liberal give-away mess. Real assistance would be nice, but giving homes to people who cannot afford them is criminal.
Fix this mess, Obama. Prosecute the people responsible for these irresponsible loans [ACORN, Barney Frank, etc.] today!
Pal2Pal:
I’m just reading this now, via a link from Gulf Coast Pundit. I’m very sorry to hear about your experiences. It sounds like you did everything right, to the best of your ability, and ended up almost destitute. I don’t know what to say. It’s heartening that you do not ask for nor expect a handout. Many lesser people would, and it would be hard to blame them. I hope things work out for you.
And then you came here to tell your story, only to be repeatedly insulted. Appalling. Some people just lack basic manners and civility, I guess.
Congratulations Hunter, you’ve proven yourself an asshole. Well done. Now take it somewhere else and let the rest tell there stories.
Remember people, teach your children better or that’s how they will behave.
I just don’t understand the some of the extreme cases being very quietly mentioned by the MSM (almost as if they’re ashamed to bring them up). One example – guy makes $8000 per YEAR, but somehow got a $340,000 mortgage. He can’t even pay electricity and water bills on that salary if he wants to eat. WTF?!?!?!
First off, how did that happen? Obviously that kind of thing has to be fixed first. That should NEVER happen again! The people involved need to go to jail.
Second, why does anyone think this guy deserves a bailout? Yes, I feel for the guy if he has nowhere else to go, but that’s where charity and faith based organizations step up to help, not the government.