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Originally posted by Section31
Link: Delinquent Homeowners to Get Mortgage Aid from Obama Administration
We are screwed as a nation.
Obama is bailing out delinquent home owners with taxpayer money.
Vote for me and I will set you free!!!
Hope, Change, and Mental Breakdown!
edit on 6/4/2011 by Section31 because: (no reason given)
Originally posted by Chindogu
reply to post by Section31
Because throwing them out on the street where they can no longer get a job, will be great for the economy. And if they have kids, screw em'. They don't need no edumecation. There's plenty of work they can do. Like selling drugs, and committing armed robbery. Honestly the gangs have been suffering from recruitment issues lately, it should help them out greatly.
Originally posted by kerazeesicko
I have no clue as to why anyone would even discuss anything with these posters? These are known Obama bashers and if it's not this, it's something else. No matter what Obama does..they will be against.
I also find that when conservatives are against something....they are thinking of the colored and are surprised to find out that it also affects the whites too.
When they think of delinquent home owners they see colored people, when they think of welfare they think color and when you talk about people needing healthcare..they see color..because they assume only the colored people would need these stuff because no white person would need any help from the government.
Originally posted by jimnuggits
reply to post by TheWalkingFox
Finally, a voice of sarcastic reason!
These me, my, mine folks are so many, and I am so few.
Its a sad day when you have to explain to fellow citizens why it's a good thing that there are societal safety nets. I'm guessing these are mostly white, solidly middle class, and never had many hard knocks. Funny how perspective means so very much...
Originally posted by jimnuggits
reply to post by pikypiky
Once again, you're missing the fine print.
If a mortgage company tells you your payment will be 400 a month, you say great.
Then they call back two months later and say 'did we say 400? We meant 600,' you say 'well, a little more than I'm comfy with but whatever, I still have 800 in equity in this house.
Add two more months and 'I realize we said 600, but we really meant 3500.' Is this the homeowner, who signed a fixed rate mortgage on a 150K house, only to watch both his equity and his ability to make his payment, or sell the house, disappear?
What a lazy bum, squatter!
Should've known better than to try and buy a house he could afford.
Originally posted by The Old American
Originally posted by links234
reply to post by The Old American
I can understand the desire for anonymity...being the internet and all, but I've heard of people making upwards of $200k/year considering themselves "middle class".
By your own admission and assuming you really are lower-middle class, putting you at anywhere between $40k and $60k, you're probably living paycheck to paycheck...if not then you make more than you realize. You, as a lower-middle class American, have a slightly better chance of falling out of the middle class (into the lower class -poverty range) than you do of moving up in it. If you were to get cancer for example, you would be screwed...health insurance or not. If you were to go into bankruptcy you'd still owe on your student loan, that doesn't go away.
I make $41,200 as a yearly salary. I work 12 hour days, 4 days on 4 days off, which works out to 200 hours per year more than a 40 hour-a-week wage earner, so my actual salary compared to a $41,200 wage earner is a bit less (the company gets more work out of me than that other person). So, yes, I'm firmly entrenched in lower middle-class, clinging on a burning rope that's threatening to drop me down to upper lower-class (if there is such a thing).
I have a 13 year old, a wife, a mortgage, I pay around $300 a month just for health insurance for my whole family, medical bills, groceries (we can't afford to go out to eat), college tuition that I pay for out of my paycheck, credit cards (though not a lot of debt because, as a responsible person, the cards are only for large emergency purchases that we don't have cash for).
And yet, somehow, I'm able to keep up with my bills and not be out on the street asking for a hand out. And I haven't asked for one, and don't expect one. So, yeah, I don't have a lot of sympathy for these people losing their homes, and I sure as hell don't understand why I should be responsible for helping them out. I don't get any sympathy and don't want any. But I do what I have to for my family, and that's all I, or anyone, should be required to do. But the Progressives seem to have no problem taking what little I have left and giving it to others. How humanitarian and morally upright of them.
Originally posted by Sparkitekt
Some of you people really disgust me. To assume that many of these people were irresponsible and worthy of losing their homes is outright selfish and ignorant. Given the circumstances and what has happened in recent years to the economy, you ought to show some compassion for your fellow neighbor. Regardless of what taxes you're paying, you'll never feel the pinch, for you're losing money you haven't seen anyway. Get over yourselves already. I'm a homeowner, and a business owner. I almost lost my home and my building where I practice architecture. I was lucky enough to eventually find a buyer willing to take my office for a reasonable asking price. But that doesn't mean I'm making it big at the price I sold it for. I had to take loans, refinance, personal loans, damnit I even had to ask family for help just to keep myself and my employees afloat. Do you think I was able to manage all of that by being irresponsible and careless? Bottom line, s#it happens, and when you're dealt a bad hand, you make the best out of what you've got. I pay taxes quarterly...What's my thought on that? Eff it, everyone else does too...So me whining about the many that abuse the system won't get me anywhere but down a long road of bitterness and anger toward a face I've never seen. Stop ya bloodclot crying, and man up bitc#es. There are MANY families that need and DESERVE to be helped out. I hope you'll never have to stick your hand out for help, because as karma goes, you'll get the same help you've given.
Originally posted by Sparkitekt
reply to post by macman
When you're used to shelling out for insurances, taxes, payroll, etc, it serves no purpose to nickel and dime yourself over what you're not able to keep. It does hurt, but so does going to Six Flags with a season pass and still having to pay for parking and food. In the end you're left with no choice but to abide by the terms given to you.
If I were given an option to turn to the government for assistance, I would've jumped on it. And rightfully so, considering my small contribution to society should entitle me to at least a little reciprocity.
It's like me complaining that someone's speeding on a road that my city recently paved because I contributed a few cents toward the construction of that road. There are many whom have abused the programs laid out to help those in need.
Don't we hire accountants and bookkeepers who know the system in and out to help us find a way to squeeze every last cent and to stretch it as far as possible? Does that make us exempt? Aren't we in our own way cheating the system too?