OT: I made bad choices, everyone pitty me.

[NotCranky]

[quote=Russell][quote=SellingMyHome]Why didn’t the government pay down our underwater house balances, that money could have gone to the banks. Instead, they gave the money straight to the banks to help pay for the paper losses caused by the badly packaged loans. Giving us the money would have been a win win situation, instead just the greedy banks win!

I’m starting to understand that a lot of people here must be investors or bankers.[/quote][/quote]

Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.

[Arraya]

No sarcasm at all. All these people are confused about the depravity of the banking syndicate and projecting their culpability onto the victims. We’re all culpable for not speaking up.

This is very much like an abusive family dynamic when a child speaks up about being abused then is scapegoated.

They are scapegoating you because it easier than fixing the system.

You were tricked by doing what normal humans do, which is trust authority and peers. You should not be faulted for that.

[Arraya]

No sarcasm at all. All these people are confused about the depravity of the banking syndicate and projecting their culpability onto the victims. We’re all culpable for not speaking up.

This is very much like an abusive family dynamic when a child speaks up about being abused then is scapegoated.

They are scapegoating you because it easier than fixing the system.

You were tricked by doing what normal humans do, which is trust authority and peers. You should not be faulted for that.

[Arraya]

No sarcasm at all. All these people are confused about the depravity of the banking syndicate and projecting their culpability onto the victims. We’re all culpable for not speaking up.

This is very much like an abusive family dynamic when a child speaks up about being abused then is scapegoated.

They are scapegoating you because it easier than fixing the system.

You were tricked by doing what normal humans do, which is trust authority and peers. You should not be faulted for that.

[Arraya]

No sarcasm at all. All these people are confused about the depravity of the banking syndicate and projecting their culpability onto the victims. We’re all culpable for not speaking up.

This is very much like an abusive family dynamic when a child speaks up about being abused then is scapegoated.

They are scapegoating you because it easier than fixing the system.

You were tricked by doing what normal humans do, which is trust authority and peers. You should not be faulted for that.

[Arraya]

No sarcasm at all. All these people are confused about the depravity of the banking syndicate and projecting their culpability onto the victims. We’re all culpable for not speaking up.

This is very much like an abusive family dynamic when a child speaks up about being abused then is scapegoated.

They are scapegoating you because it easier than fixing the system.

You were tricked by doing what normal humans do, which is trust authority and peers. You should not be faulted for that.

[SellingMyHome]

[quote=Russell]

Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.[/quote]

I still wonder if there wasn’t some way to forgive principal for owners by giving it to their lenders. I’ve heard Jon Stewart discuss it before, between jokes, and it certainly sounded good to me. He is actually fairly intelligent, is neither liberal or conservative.

I’d like to hear arguments for and against that idea.

[SellingMyHome]

[quote=Russell]

Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.[/quote]

I still wonder if there wasn’t some way to forgive principal for owners by giving it to their lenders. I’ve heard Jon Stewart discuss it before, between jokes, and it certainly sounded good to me. He is actually fairly intelligent, is neither liberal or conservative.

I’d like to hear arguments for and against that idea.

[SellingMyHome]

[quote=Russell]

Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.[/quote]

I still wonder if there wasn’t some way to forgive principal for owners by giving it to their lenders. I’ve heard Jon Stewart discuss it before, between jokes, and it certainly sounded good to me. He is actually fairly intelligent, is neither liberal or conservative.

I’d like to hear arguments for and against that idea.

[SellingMyHome]

[quote=Russell]

Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.[/quote]

I still wonder if there wasn’t some way to forgive principal for owners by giving it to their lenders. I’ve heard Jon Stewart discuss it before, between jokes, and it certainly sounded good to me. He is actually fairly intelligent, is neither liberal or conservative.

I’d like to hear arguments for and against that idea.

[SellingMyHome]

[quote=Russell]

Arraya, I guess you didn’t read the whole thread. Lots of people think they should get government sponsored mark downs and keep the house and in many cases,all the goodies and good life memories they bought with the equity. Again, I think you can’t blame them for trying but it is offensive to think about the mechanisms and repercussions involved. I agree with meandale, I would rather see this level of corruption between the government and the banks than the government and individuals or the government, banks and individuals.[/quote]

I still wonder if there wasn’t some way to forgive principal for owners by giving it to their lenders. I’ve heard Jon Stewart discuss it before, between jokes, and it certainly sounded good to me. He is actually fairly intelligent, is neither liberal or conservative.

I’d like to hear arguments for and against that idea.

[Coronita]

[quote=SellingMyHome]I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. [/quote]

I’m going to add this to one of my all time favorite quotes… Sorry, not picking on you, but it’s just seems like a funny statement, because it seems the two statements are contradictory…Because unless your home was so unliveable that a roof “needed” to be replaced, I’d say most of money use used went to updating “crap” in your home, which is no different that the folks that spend money on “crap” at walmart. “Crap” aka “wants” aren’t the same as “needs”, and I’m a stickler of folks clearly identifying the difference between the two. I’d say you did spend your money on “crap”, unless you utterly spending $500k on an unliveable POS (which would then beg the question of why would anyone do this?)

My advice, if you’re looking to a board to try to convince you to do one thing or the other, you’re already going down the wrong path. If you already think there is a morale dilemma, well that’s a problem you have. Apparently many people don’t have a morale dilemma, and I’ve never been a big stickler of judging by morales. So, again, don’t even bother asking for a blog’s advice on this..Just do it or don’t. And be done with it. Hell, do it a few times if you can live with it.

But at least admit it. You didn’t understand what you were getting yourself into, a bank didn’t hold you at gunpoint to make you get a liar loan, and the government is very generous these days. Of course, when your kids grow up completely a slave to a foreign country like China and Japan and/or your 401k becomes a 201k with a utterly useless toilet paper inflated U.S. dollar…well, I guess you won’t be around to see that anyway…

[Coronita]

[quote=SellingMyHome]I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. [/quote]

I’m going to add this to one of my all time favorite quotes… Sorry, not picking on you, but it’s just seems like a funny statement, because it seems the two statements are contradictory…Because unless your home was so unliveable that a roof “needed” to be replaced, I’d say most of money use used went to updating “crap” in your home, which is no different that the folks that spend money on “crap” at walmart. “Crap” aka “wants” aren’t the same as “needs”, and I’m a stickler of folks clearly identifying the difference between the two. I’d say you did spend your money on “crap”, unless you utterly spending $500k on an unliveable POS (which would then beg the question of why would anyone do this?)

My advice, if you’re looking to a board to try to convince you to do one thing or the other, you’re already going down the wrong path. If you already think there is a morale dilemma, well that’s a problem you have. Apparently many people don’t have a morale dilemma, and I’ve never been a big stickler of judging by morales. So, again, don’t even bother asking for a blog’s advice on this..Just do it or don’t. And be done with it. Hell, do it a few times if you can live with it.

But at least admit it. You didn’t understand what you were getting yourself into, a bank didn’t hold you at gunpoint to make you get a liar loan, and the government is very generous these days. Of course, when your kids grow up completely a slave to a foreign country like China and Japan and/or your 401k becomes a 201k with a utterly useless toilet paper inflated U.S. dollar…well, I guess you won’t be around to see that anyway…

[Coronita]

[quote=SellingMyHome]I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. [/quote]

I’m going to add this to one of my all time favorite quotes… Sorry, not picking on you, but it’s just seems like a funny statement, because it seems the two statements are contradictory…Because unless your home was so unliveable that a roof “needed” to be replaced, I’d say most of money use used went to updating “crap” in your home, which is no different that the folks that spend money on “crap” at walmart. “Crap” aka “wants” aren’t the same as “needs”, and I’m a stickler of folks clearly identifying the difference between the two. I’d say you did spend your money on “crap”, unless you utterly spending $500k on an unliveable POS (which would then beg the question of why would anyone do this?)

My advice, if you’re looking to a board to try to convince you to do one thing or the other, you’re already going down the wrong path. If you already think there is a morale dilemma, well that’s a problem you have. Apparently many people don’t have a morale dilemma, and I’ve never been a big stickler of judging by morales. So, again, don’t even bother asking for a blog’s advice on this..Just do it or don’t. And be done with it. Hell, do it a few times if you can live with it.

But at least admit it. You didn’t understand what you were getting yourself into, a bank didn’t hold you at gunpoint to make you get a liar loan, and the government is very generous these days. Of course, when your kids grow up completely a slave to a foreign country like China and Japan and/or your 401k becomes a 201k with a utterly useless toilet paper inflated U.S. dollar…well, I guess you won’t be around to see that anyway…

[Coronita]

[quote=SellingMyHome]I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. [/quote]

I’m going to add this to one of my all time favorite quotes… Sorry, not picking on you, but it’s just seems like a funny statement, because it seems the two statements are contradictory…Because unless your home was so unliveable that a roof “needed” to be replaced, I’d say most of money use used went to updating “crap” in your home, which is no different that the folks that spend money on “crap” at walmart. “Crap” aka “wants” aren’t the same as “needs”, and I’m a stickler of folks clearly identifying the difference between the two. I’d say you did spend your money on “crap”, unless you utterly spending $500k on an unliveable POS (which would then beg the question of why would anyone do this?)

My advice, if you’re looking to a board to try to convince you to do one thing or the other, you’re already going down the wrong path. If you already think there is a morale dilemma, well that’s a problem you have. Apparently many people don’t have a morale dilemma, and I’ve never been a big stickler of judging by morales. So, again, don’t even bother asking for a blog’s advice on this..Just do it or don’t. And be done with it. Hell, do it a few times if you can live with it.

But at least admit it. You didn’t understand what you were getting yourself into, a bank didn’t hold you at gunpoint to make you get a liar loan, and the government is very generous these days. Of course, when your kids grow up completely a slave to a foreign country like China and Japan and/or your 401k becomes a 201k with a utterly useless toilet paper inflated U.S. dollar…well, I guess you won’t be around to see that anyway…

[Author]

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