- This topic has 420 replies, 24 voices, and was last updated 14 years, 12 months ago by
urbanrealtor.
-
AuthorPosts
-
November 22, 2009 at 2:52 PM #486290November 22, 2009 at 3:04 PM #485445
Arraya
Participant[quote=Russell][quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
Arraya, do you want to address the part where the upside down victimized borrowers feel they are entitled to charity to solve their problems?[/quote]
Charity, who said anything about charity. They should all walk away without guilt and feel good about it. The system colludes to keep home prices high and pumped up a bubble by tricking people. The system needs to be taught a lesson. All 20 million upside down homeowners should default.
We have to flush the parasites out somehow since our representatives won’t do it. It’s the “right” thing to do.
November 22, 2009 at 3:04 PM #485612Participant[quote=Russell][quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
Arraya, do you want to address the part where the upside down victimized borrowers feel they are entitled to charity to solve their problems?[/quote]
Charity, who said anything about charity. They should all walk away without guilt and feel good about it. The system colludes to keep home prices high and pumped up a bubble by tricking people. The system needs to be taught a lesson. All 20 million upside down homeowners should default.
We have to flush the parasites out somehow since our representatives won’t do it. It’s the “right” thing to do.
November 22, 2009 at 3:04 PM #485985Participant[quote=Russell][quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
Arraya, do you want to address the part where the upside down victimized borrowers feel they are entitled to charity to solve their problems?[/quote]
Charity, who said anything about charity. They should all walk away without guilt and feel good about it. The system colludes to keep home prices high and pumped up a bubble by tricking people. The system needs to be taught a lesson. All 20 million upside down homeowners should default.
We have to flush the parasites out somehow since our representatives won’t do it. It’s the “right” thing to do.
November 22, 2009 at 3:04 PM #486071Participant[quote=Russell][quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
Arraya, do you want to address the part where the upside down victimized borrowers feel they are entitled to charity to solve their problems?[/quote]
Charity, who said anything about charity. They should all walk away without guilt and feel good about it. The system colludes to keep home prices high and pumped up a bubble by tricking people. The system needs to be taught a lesson. All 20 million upside down homeowners should default.
We have to flush the parasites out somehow since our representatives won’t do it. It’s the “right” thing to do.
November 22, 2009 at 3:04 PM #486300Participant[quote=Russell][quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
Arraya, do you want to address the part where the upside down victimized borrowers feel they are entitled to charity to solve their problems?[/quote]
Charity, who said anything about charity. They should all walk away without guilt and feel good about it. The system colludes to keep home prices high and pumped up a bubble by tricking people. The system needs to be taught a lesson. All 20 million upside down homeowners should default.
We have to flush the parasites out somehow since our representatives won’t do it. It’s the “right” thing to do.
November 22, 2009 at 3:16 PM #485450SellingMyHome
ParticipantAmen brotha, don’t stop now, you’re on a roll! WooHoo! Lol.
Your words are a bit harsh and may across badly. I wonder if you’re not actually being sarcastic?
November 22, 2009 at 3:16 PM #485617ParticipantAmen brotha, don’t stop now, you’re on a roll! WooHoo! Lol.
Your words are a bit harsh and may across badly. I wonder if you’re not actually being sarcastic?
November 22, 2009 at 3:16 PM #485990ParticipantAmen brotha, don’t stop now, you’re on a roll! WooHoo! Lol.
Your words are a bit harsh and may across badly. I wonder if you’re not actually being sarcastic?
November 22, 2009 at 3:16 PM #486076ParticipantAmen brotha, don’t stop now, you’re on a roll! WooHoo! Lol.
Your words are a bit harsh and may across badly. I wonder if you’re not actually being sarcastic?
November 22, 2009 at 3:16 PM #486305ParticipantAmen brotha, don’t stop now, you’re on a roll! WooHoo! Lol.
Your words are a bit harsh and may across badly. I wonder if you’re not actually being sarcastic?
November 22, 2009 at 3:23 PM #485455NotCranky
Participant[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.
November 22, 2009 at 3:23 PM #485622Participant[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.
November 22, 2009 at 3:23 PM #485995Participant[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.
November 22, 2009 at 3:23 PM #486081Participant[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.
-
AuthorPosts
- You must be logged in to reply to this topic.