CEO bailouts? How about the homeowners?
Wednesday, July 22nd, 2009 at
5:41 pm
bravenewfilms asked:
The housing crisis is not just a problem for families facing foreclosure it is a problem for every homeowner in America. As long as foreclosures persist, home values will keep going down, and everyone loses. We are collecting stories from people all over the country who have been hit by the housing crisis so we can show what is really happening on Main Street and we need your help. Have you been affected by the housing meltdown? Foreclosed on? Underwater? Trapped in a predatory loan? Do you …
Tagged with: Facing Foreclosure • Foreclosures • Meltdown
Filed under: Homeowners Insurance
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We The People (through the election process) should have equal seats and voting power on the Federal Reserve Board. The FED care’s only of bailing out the CEO’s of Wall Street & the Bank’s.Not the familie’s that are losing their homes to foreclosure.Enough of bailing out Wall Street and the banks with our money from the FED and we have no say in it. It’s time we deep-six the FED for the sake of the working class people of our nation.
screw you…it is not that simple. And you know it. I think you feel guilty for living in the foreclosed home you now have because another family LOST IT. Con artists are JUST THAT…the banks,loan officers, realtors..all of them. so suck it up and be happy you’re OK.
The NWO started when you blue eyed savages entered into the lands of the people you intended to conqeir.
The European is in no moral position to lecture anyone.
You will be fucking yourself when the devaluation of the dollar by appropriating the bailout funds to foreign countries, the hyperinflation and the currency conversion to the Amero happens. Then even you won’t own ****.
Welcome to the NWO.
Blind eye??? You mean we cant see 38.6% in taxes going out of our payechecks every week? That kind of blind eye????
i have no shame i owe nobody a car or a house or free credit so go **** yourselves
hey asshole, if they **** over a spick, its just a matter of time before they get to the poor white trash.
If white people had a heart none of this **** would’ve happend.
You should be ashamed of yourself.
America,
So much greed in the place where your morality should be. We’ll see how smart you uncle toms are when your families and high rise penitentiaries are destroyed by the flame of public outrage. Laugh now in the face of crisis, spurn on the hate that allows you turn a blind eye, but when it consumes you and all those you love…don’t ever ask why.
Welcome, taxpayers, to the Kabuki Theater of AIG Outrage – where DC’s Best Performance of Hypocritical Indignation is showing. Spare me President Obama’s finger-wag. He’s “outraged?” Meh. Chris Dodd, the corporate crony who is the largest recipient of AIG donations, Obama is the 4th. If we hadn’t bailed out AIG = no bonuses for greedy execs.
Bailout-a-palooza is not good for all you naive voters that voted for hope & change without knowing what it meant. It’s not American Idol, vote smart.
Jealous really?Yeah I would LOVE to be in foreclosure.Thankfully we were SMARTER then these “victims” and didn’t fall into ARM/Prime mrtgs.We KNEW the housing bubble would burst and researched these toxic mortgages being offered. We bought a foreclosed home.A stealer sweet deal. 30 YFR w/ 20% down the old fashion way. Maybe these “victims” will educate themselves and not sign anything out in front of their noses. You are right It is a national epidemic of idiots both bankers and gullible buyers.
check for a green card
Affirmative action banking, ACORN, Fannie and Freddie Sub prime, Bank collapses Credit stops, Building stops = economy collapses
If these were isolated incidents that happened here in there….then you might be right…..but when it is a National EPIDEMIC its a huge scam.
BANKS OUTRIGHT LIED, what don’t you get about this. Others were slickers then others, small time folks have gotten punished, but the big wigs stay smiling.
It seems to me your just stuck on the fact “they wanted a bigger house”, They did qualify and could afford it. It just seems like your jealous. Unfortunately they and others were scammed.
watch?v=vitSBqhWjfc
Quit calling these morons “homeOWNERS.” They never owned it, and never could. The proper term is “squatter.”
Um, the truth is that if you are not a Mexican citizen you cannot own property in Mexico. So you’d never get a mortgage loan waved in your face in Spanish, let alone English. Mexicans are historically paranoid about foreigners owning anything on Mexican soil. Look up Pemex and other nationalized industries. You’ll see what I mean.
Would my mortgage be in english if I bought from a mexican institution? Learn to read or dont buy a damn house. All these excuses from these underwater “home debtors” I lmfao. Stop fucking up people.
If the bank denies you a fixed rate and offers a subprime you put on your thinking hats & research your *** off , understand what you are getting into. Some people just wanted a BIGGER home at all cost. I am not saying everyone facing foreclosure were being unrealistic. Wish there was a way to dissect the foreclosure crowd and compare how many were actual fraud victims and which just didn’t flip on time.
The banks are to be held responsible 100%.
But ignorance is also part to blame inexcusable.
you must have missed the part, where they were ALL going to go into loan together to get a prime fixed rate. The banks had said no, so that they can ***** them with the subprime one.
With the Fixed rate they would have afforded it, The bank simply lied to ***** them.
What ever happened to the honest banker?
Yes that is a good chunk of it. people took out loans when they couldn’t afford it. The banks shouldn’t have given those loans in the first place. But there are some people who were lied to and they signed the contract under false pretenses, and they didn’t understand the full ramifications of it all. In that aspect, the banks must be held accountable
yeah true but i am sure many people didn’t understand all the legal aspects of signing that loan
Sorry these families are suffering BUT a red light was lit.. with the first interviewee your parents wanted a larger home but you thought your mom would not qualify b/c she was not making enough money! But your still bought it? So maybe they should have stayed in their smaller home which they could actually afford. Sorry dude but it was the banks, lenders, and YOUR mistake.
Wtf is a troll…you don’t even know what a bailout is, if AIG falls almost all of America falls with it.