nationwide foreclosure moratorium!

[davelj]

[quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=

lol…Senator dodd’s quote:

“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]

“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.

Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.

[dbapig]

[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=

lol…Senator dodd’s quote:

“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]

“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.

Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]

If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…

[dbapig]

[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=

lol…Senator dodd’s quote:

“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]

“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.

Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]

If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…

[dbapig]

[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=

lol…Senator dodd’s quote:

“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]

“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.

Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]

If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…

[dbapig]

[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=

lol…Senator dodd’s quote:

“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]

“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.

Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]

If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…

[dbapig]

[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=

lol…Senator dodd’s quote:

“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]

“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.

Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]

If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…

[faterikcartman]

Just another way to enact the looter’s “transfer of wealth” dreams. People who don’t pay taxes (or very much), or their mortgage, or 2nd, are bailed out by people who do. So people who earned their money get is stolen and given to people who did not. Sadly, much of this will be paid off by your children, their children, and so on, through no fault, or voting, of their own.

[faterikcartman]

Just another way to enact the looter’s “transfer of wealth” dreams. People who don’t pay taxes (or very much), or their mortgage, or 2nd, are bailed out by people who do. So people who earned their money get is stolen and given to people who did not. Sadly, much of this will be paid off by your children, their children, and so on, through no fault, or voting, of their own.

[faterikcartman]

Just another way to enact the looter’s “transfer of wealth” dreams. People who don’t pay taxes (or very much), or their mortgage, or 2nd, are bailed out by people who do. So people who earned their money get is stolen and given to people who did not. Sadly, much of this will be paid off by your children, their children, and so on, through no fault, or voting, of their own.

[faterikcartman]

Just another way to enact the looter’s “transfer of wealth” dreams. People who don’t pay taxes (or very much), or their mortgage, or 2nd, are bailed out by people who do. So people who earned their money get is stolen and given to people who did not. Sadly, much of this will be paid off by your children, their children, and so on, through no fault, or voting, of their own.

[faterikcartman]

Just another way to enact the looter’s “transfer of wealth” dreams. People who don’t pay taxes (or very much), or their mortgage, or 2nd, are bailed out by people who do. So people who earned their money get is stolen and given to people who did not. Sadly, much of this will be paid off by your children, their children, and so on, through no fault, or voting, of their own.

[creechrr]

[quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…[/quote]

Very good point.

I think the only reason we haven’t had demonstrations or riots by the “responsible” and the ultimately parties that will be pay for this mess, is that we all have friends or family that are somehow caught up in this mess.

I do know that the America that I was taught about in school was either propaganda or was sold off to other interests some time ago. It absolutely does NOT exist today.

From what I have seen around me over the last decade or so, the rewards go to the lazy, dishonest and plain old irresponsible.

[creechrr]

[quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…[/quote]

Very good point.

I think the only reason we haven’t had demonstrations or riots by the “responsible” and the ultimately parties that will be pay for this mess, is that we all have friends or family that are somehow caught up in this mess.

I do know that the America that I was taught about in school was either propaganda or was sold off to other interests some time ago. It absolutely does NOT exist today.

From what I have seen around me over the last decade or so, the rewards go to the lazy, dishonest and plain old irresponsible.

[creechrr]

[quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…[/quote]

Very good point.

I think the only reason we haven’t had demonstrations or riots by the “responsible” and the ultimately parties that will be pay for this mess, is that we all have friends or family that are somehow caught up in this mess.

I do know that the America that I was taught about in school was either propaganda or was sold off to other interests some time ago. It absolutely does NOT exist today.

From what I have seen around me over the last decade or so, the rewards go to the lazy, dishonest and plain old irresponsible.

[creechrr]

[quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…[/quote]

Very good point.

I think the only reason we haven’t had demonstrations or riots by the “responsible” and the ultimately parties that will be pay for this mess, is that we all have friends or family that are somehow caught up in this mess.

I do know that the America that I was taught about in school was either propaganda or was sold off to other interests some time ago. It absolutely does NOT exist today.

From what I have seen around me over the last decade or so, the rewards go to the lazy, dishonest and plain old irresponsible.

[Author]

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