Posted on 02/20/2009 3:40:30 AM PST by mattstat
Dear Mortgage Holder,
Obama’s latest plan must sound pretty sweet to you. You bought a house and paid too much for it.
It didn’t look that way at first because after you bought the house, it went up in value. Prices were rising everywhere fast. Reasoning that nothing could go wrong, you took out a home equity loan on the increased value so you could get that flat screen TV and some other things you “needed.” You really ran up those credit cards.
But then the housing prices started falling to more realistic levels. Sure, they fell fast and some of that decline was caused by idiot bankers making risky loans to people…like you, maybe?
Now your mortgage payments are killing you and you’re complaining about it.
Obama has heard your cries. He has decided to...
(Excerpt) Read more at wmbriggs.com ...
Barack Bwana, the natives are getting restless.
This is no different than Mugabe giving the Black people the White Farms!! CHAOS COMING!! REVOLTS COMING!!
Ungowa!!!!!!!!!!!!!!!
Let the politicians know that you don't want to be subsidizing someone else's mortgage.
Renters of America Unite!!!
___________________________
You’ve hit it on the Head!
As a Landlord I’ve always have seen these people as renters that bit off more than they could chew to get away from the ‘evil’ landlords.
But, it’s the responsible Renters of America that should be the most outraged at all the handouts!
They should be more incensed at these gimmie programs - they get none.
Sometimes it’s just that simple. Get ready because it’s not going to stop. So long as the looters have a vote, they’ll entitle themselves to others’ money as long as they can. BOHICA!
We’ve been renting the same house for 23 years. Our landlord could not be better.
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