Rewarding Bad Behavior and Stupidity = Bailout

[scaredyclassic]

Here’s how it goes in the criminal law business. The petty thief asks why he has to do jail time when there are violent offendors on the streets. The violent guys ask why they have to do time when there are child molestors on the street. The child molestors want to know why they have to do time when murderer rapists are walking the streets.

If we compare our deal to other peoples’ deals, everyone everywhere thinks they’re getting screwed. And they probably are, in one way or another. The only way to attain peace in this life is to resolve yourself that human affairs are fundamentally screwed. In the end , we’re all guilty of something, and we’re all dead, so, chill out, or at least don’t yell at the tv.

ps i rarely follow my own advice. that doesn’t mean it’s wrong, just that im kinda dumb.

[23109VC]

true – life is not fair. but one would hope that someone in gov’t, would stand up and say “hey, you know what – if you took out a loan on a $750,000 house, lied bout your income and claimed you made $300k/year when in reality you made about $50k – and now you can’t afford the house b/c your teaser rate is up and the neg am arm has reset – TOUGH $HIT”

I’ve heard a few people hint at personal responsibility, but they all fall back on how we have to keep people in their homes, and how we have to punish these horrible predatory lenders…

predatory lending? i’m sure a lot of lenders put guns to people’s heads and told them they had to sign the dotted line… you know what – if someone is dumb enough to buy stuff they can’t afford b/c they “wanted” to belive the BS they got fed by teh lenders – they deserve what they get.

I understand that life is not fair – but it still sucks to feel that the morons get a freebie and the responsible people get once again told to just suck it up.

it’s like taxes. I worked hard to get a good job and make good money. then there are people who are complete losers who do nothing but drain on the system. I have to pay a lot in taxes, get very little in return, and the losers get a big fat check at the end of the year which they piss away on plasmas and at the casino – on my dime. and YOURS.

it’s enough to make you believe that cheating the system and playing dirty is HOW you have to play to get ahead. Being nice and following the rules gets you nowhere

[23109VC]

true – life is not fair. but one would hope that someone in gov’t, would stand up and say “hey, you know what – if you took out a loan on a $750,000 house, lied bout your income and claimed you made $300k/year when in reality you made about $50k – and now you can’t afford the house b/c your teaser rate is up and the neg am arm has reset – TOUGH $HIT”

I’ve heard a few people hint at personal responsibility, but they all fall back on how we have to keep people in their homes, and how we have to punish these horrible predatory lenders…

predatory lending? i’m sure a lot of lenders put guns to people’s heads and told them they had to sign the dotted line… you know what – if someone is dumb enough to buy stuff they can’t afford b/c they “wanted” to belive the BS they got fed by teh lenders – they deserve what they get.

I understand that life is not fair – but it still sucks to feel that the morons get a freebie and the responsible people get once again told to just suck it up.

it’s like taxes. I worked hard to get a good job and make good money. then there are people who are complete losers who do nothing but drain on the system. I have to pay a lot in taxes, get very little in return, and the losers get a big fat check at the end of the year which they piss away on plasmas and at the casino – on my dime. and YOURS.

it’s enough to make you believe that cheating the system and playing dirty is HOW you have to play to get ahead. Being nice and following the rules gets you nowhere

[23109VC]

true – life is not fair. but one would hope that someone in gov’t, would stand up and say “hey, you know what – if you took out a loan on a $750,000 house, lied bout your income and claimed you made $300k/year when in reality you made about $50k – and now you can’t afford the house b/c your teaser rate is up and the neg am arm has reset – TOUGH $HIT”

I’ve heard a few people hint at personal responsibility, but they all fall back on how we have to keep people in their homes, and how we have to punish these horrible predatory lenders…

predatory lending? i’m sure a lot of lenders put guns to people’s heads and told them they had to sign the dotted line… you know what – if someone is dumb enough to buy stuff they can’t afford b/c they “wanted” to belive the BS they got fed by teh lenders – they deserve what they get.

I understand that life is not fair – but it still sucks to feel that the morons get a freebie and the responsible people get once again told to just suck it up.

it’s like taxes. I worked hard to get a good job and make good money. then there are people who are complete losers who do nothing but drain on the system. I have to pay a lot in taxes, get very little in return, and the losers get a big fat check at the end of the year which they piss away on plasmas and at the casino – on my dime. and YOURS.

it’s enough to make you believe that cheating the system and playing dirty is HOW you have to play to get ahead. Being nice and following the rules gets you nowhere

[23109VC]

true – life is not fair. but one would hope that someone in gov’t, would stand up and say “hey, you know what – if you took out a loan on a $750,000 house, lied bout your income and claimed you made $300k/year when in reality you made about $50k – and now you can’t afford the house b/c your teaser rate is up and the neg am arm has reset – TOUGH $HIT”

I’ve heard a few people hint at personal responsibility, but they all fall back on how we have to keep people in their homes, and how we have to punish these horrible predatory lenders…

predatory lending? i’m sure a lot of lenders put guns to people’s heads and told them they had to sign the dotted line… you know what – if someone is dumb enough to buy stuff they can’t afford b/c they “wanted” to belive the BS they got fed by teh lenders – they deserve what they get.

I understand that life is not fair – but it still sucks to feel that the morons get a freebie and the responsible people get once again told to just suck it up.

it’s like taxes. I worked hard to get a good job and make good money. then there are people who are complete losers who do nothing but drain on the system. I have to pay a lot in taxes, get very little in return, and the losers get a big fat check at the end of the year which they piss away on plasmas and at the casino – on my dime. and YOURS.

it’s enough to make you believe that cheating the system and playing dirty is HOW you have to play to get ahead. Being nice and following the rules gets you nowhere

[23109VC]

true – life is not fair. but one would hope that someone in gov’t, would stand up and say “hey, you know what – if you took out a loan on a $750,000 house, lied bout your income and claimed you made $300k/year when in reality you made about $50k – and now you can’t afford the house b/c your teaser rate is up and the neg am arm has reset – TOUGH $HIT”

I’ve heard a few people hint at personal responsibility, but they all fall back on how we have to keep people in their homes, and how we have to punish these horrible predatory lenders…

predatory lending? i’m sure a lot of lenders put guns to people’s heads and told them they had to sign the dotted line… you know what – if someone is dumb enough to buy stuff they can’t afford b/c they “wanted” to belive the BS they got fed by teh lenders – they deserve what they get.

I understand that life is not fair – but it still sucks to feel that the morons get a freebie and the responsible people get once again told to just suck it up.

it’s like taxes. I worked hard to get a good job and make good money. then there are people who are complete losers who do nothing but drain on the system. I have to pay a lot in taxes, get very little in return, and the losers get a big fat check at the end of the year which they piss away on plasmas and at the casino – on my dime. and YOURS.

it’s enough to make you believe that cheating the system and playing dirty is HOW you have to play to get ahead. Being nice and following the rules gets you nowhere

[DaCounselor]

Good point from scaredycat. On a similar note, I for one would much rather be the guy (actually, I am the guy) in the house that he can afford as opposed to the guy next door who is sweating his payments and badly needs a so-called “bailout”. It’s not even a close call as to who I would rather be.

And what is better for me, I ask? Is is better to have my neighbor and his family stay in the home pursuant to a mod, or would I rather he go into foreclosure with the house ultimately sitting empty and waiting to become an REO fire sale comp-killer. Again, not really a close call as to which is better for me.

To echo scaredycat – life ain’t fair, and complaining about life not being fair ain’t going to make it fair, and there you have it.

[DaCounselor]

Good point from scaredycat. On a similar note, I for one would much rather be the guy (actually, I am the guy) in the house that he can afford as opposed to the guy next door who is sweating his payments and badly needs a so-called “bailout”. It’s not even a close call as to who I would rather be.

And what is better for me, I ask? Is is better to have my neighbor and his family stay in the home pursuant to a mod, or would I rather he go into foreclosure with the house ultimately sitting empty and waiting to become an REO fire sale comp-killer. Again, not really a close call as to which is better for me.

To echo scaredycat – life ain’t fair, and complaining about life not being fair ain’t going to make it fair, and there you have it.

[DaCounselor]

Good point from scaredycat. On a similar note, I for one would much rather be the guy (actually, I am the guy) in the house that he can afford as opposed to the guy next door who is sweating his payments and badly needs a so-called “bailout”. It’s not even a close call as to who I would rather be.

And what is better for me, I ask? Is is better to have my neighbor and his family stay in the home pursuant to a mod, or would I rather he go into foreclosure with the house ultimately sitting empty and waiting to become an REO fire sale comp-killer. Again, not really a close call as to which is better for me.

To echo scaredycat – life ain’t fair, and complaining about life not being fair ain’t going to make it fair, and there you have it.

[DaCounselor]

Good point from scaredycat. On a similar note, I for one would much rather be the guy (actually, I am the guy) in the house that he can afford as opposed to the guy next door who is sweating his payments and badly needs a so-called “bailout”. It’s not even a close call as to who I would rather be.

And what is better for me, I ask? Is is better to have my neighbor and his family stay in the home pursuant to a mod, or would I rather he go into foreclosure with the house ultimately sitting empty and waiting to become an REO fire sale comp-killer. Again, not really a close call as to which is better for me.

To echo scaredycat – life ain’t fair, and complaining about life not being fair ain’t going to make it fair, and there you have it.

[DaCounselor]

Good point from scaredycat. On a similar note, I for one would much rather be the guy (actually, I am the guy) in the house that he can afford as opposed to the guy next door who is sweating his payments and badly needs a so-called “bailout”. It’s not even a close call as to who I would rather be.

And what is better for me, I ask? Is is better to have my neighbor and his family stay in the home pursuant to a mod, or would I rather he go into foreclosure with the house ultimately sitting empty and waiting to become an REO fire sale comp-killer. Again, not really a close call as to which is better for me.

To echo scaredycat – life ain’t fair, and complaining about life not being fair ain’t going to make it fair, and there you have it.

[kewp]

So stop paying your mortgage until you get your bailout.

Seems simple enough to me.

Now us renters, we *really* have it tough.

[kewp]

So stop paying your mortgage until you get your bailout.

Seems simple enough to me.

Now us renters, we *really* have it tough.

[kewp]

So stop paying your mortgage until you get your bailout.

Seems simple enough to me.

Now us renters, we *really* have it tough.

[kewp]

So stop paying your mortgage until you get your bailout.

Seems simple enough to me.

Now us renters, we *really* have it tough.

[Author]

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