Should Americans Facing Foreclosure Torch Their Homes?

First, to clarify, I am not suggesting that you the reader go out and torch yor home, but I do feel on an intellectual level it is a question fairly asked.

Millions of Americans now find themselves (through no fault of their own) in upside down mortgages, making monthly payments on a home they have ZERO EQUITY IN. In fact, in many of these cases, the homeowners house would be worth more to them if it burned to the ground. Because of Wall Street, because of the greed on the part of our banks and the UBER rich, America faces a crisis, and the only ones benefitting from government's throwing of money are the very people THAT CAUSED THE PROBLEM. AIG wants more money, CITI bank wants preferred stock given to the Treasury to secure their $25 Billion bailout converted to worthless commonshares, basically getting the government TO WRITE OFF the $25 Billion dollars CITI Bank was given just months ago!

We are living in a crazy time where our government is proving daily that they could care less about those of us living on Main Street. 11 Million Americans (LEGAL CITIZENS) have lost their jobs in the last eighteen months while over seven million illegal aliens still have their jobs, but E Verify that would have INSTANTLY FIRED OVER THREE MILLION ILLEGAL ALIENS was left out of the Stimulus Bill! Obama tells us on Main Street to tighten our belts while flying Air Force One to Chicago to romance his wife at their favorite little place. Tell us Obama how spending $53,000 per hour flying to Chicago to get some Valentines Day poontang is tightening your belt? Couldn't you have saved half a million dollars signing the Stimulus Bill IN THE OVAL OFFICE? Also, with Americans LOSIGN EVERYTHING, with Americans in desparate times, why are our 401K's still tied up...WAVE THE TEN PERCENT PENALTY, LET US ACCESS OUR FUNDS!

Simply stated, Obama wants the PAIN TO TRICKLE UP...I find myself thinking maybe some pain should start at the top. Why give your house back the bank when you can torch it...at least that way we shrink the inventory glut, help our neighbors by shrinking supply, eliminate the risks involved in having VACANT HOMES on the block..think of torching your about to be repossessed home as Economic Revitalization! Think about it as a refund on the failed BAILOUT of the banks. I mean how many homes would have to be torched to give back to us here on Main Street the Trillion Dollars in debt that was given to us? I am figuring 5 million torched homes at $200,000 a piece wipes the slate clean...which begs the question...wouldn't we have created a lot more STIMULUS simply paying off the mortgages, keeping families in their homes, instead of letting the Real Estate market crash and burn?

Maybe you see where I am going with this...PAY BACK IS A BITCH...in torching about to be repossessed homes, are you not doing to Wall Street and the Banking Industry what they have done to ALL OF US?

Obama...Where is My 30 Percent MORTGAGE DISCOUNT?

In the latest news from the White House, it is being hinted at that millions of Americans who saw their homes slide into foreclosure could have the government (with our tax dollars) buy their homes back for them from the bank/lending institute at greatly discounted price (30 percent discount is being tossed around), and then negotiate out low interest 30 year loans so that these families can keep their homes. Now here is my question on this proposal.

We have played by the rules, made all our house payments. Despite this playing by the rules, we have seen (because of the mortgage crisis) the value of our home plummet, and we are currently paying mortgage payments 2.5-3 points higher than the mortgage interest these people in foreclosure would be paying under Obama's new plan. Where is the fairness in that? Why should I and others like me have to keep paying a mortgage at full original price, and at a much higher rate of interest while those that caused its value to plummet get a greatly discounted deal courtesy of my taxes, and GET A GREATLY REDUCED INTEREST rate on top of it all that will be made possible because of my taxes.

Does Obama really see this as fair? This takes those who were behind us in the proverbial food line if you will, and puts them WAY AHEAD OF US! Such a move makes us slaves to our now over valued homes and the mortgages on them, or forces us to just walk away from them...is that what you want Mr. Obama?

Why Middle America Should Just Say No To Bailout and Stimulus Packages

LIAR AND CHIEF

The more I see of Washington, the more I see of the Obama Bailout and Stimulus plans, the more I am convinced that President Obama and our National Government have no clue, the more I am convinced that they have no compassion for the average American who is being screwed royally as our economy crashes and burns. The more I see, the more I am convinced that the time has come for Middle Class American to take to the streets, the more I am convinced that we must use whatever force is necessary to take back our lives, our jobs and our American Dreams from those that are trying to steal them, and that includes every Politicians in Washington, DC and every illegal aliens residing/working within the borders of the United States of America.

Perhaps someone from the White House can explain to me why it is that my taxes should be used to bailout banks bad investments, why I should support a plan that would buy up Wall Streets bad paper when it is thier actions that have cost my wife and I over $100,000 in lost equity in our home, thus leaving us in an upside down mortgage? Perhaps Obama could explain to me why it is that I and others in the Middle Class have to accept our share of a Federal Bailout to the tune of trillions of dollars when, through no fault of our own we have seen our own retirement plans and 401 K's drop hundreds of thousands of dollars in value because of illegal activity on the part of Wall Street, and America's banking system....where is our bailout, and where are the criminal prosecutions of these rich elitists who broke our laws, stole our dreams? Your PALTRY $1,000 tax deduction when it is the government's failure to regulate to do its job that has cost us hundreds of thousands of dollars of our life nest egg is a REPUGNANT INSULT....take your rebates and tax breaks and stick them up your collective asses! Stop trying to march out before the people saying you are ON OUR SIDE...you are not on our side, and your desire to coddle ILLEGAL ALIEN SCUM proves that....who the fuck do you think you are when you intend of thwarting the will of the people in pursuing an Amnesty for 12 -25 million illegal alien criminals? Who do you think you are in supporting MORE H1 Visa's in the name of the National Chamber of Commerce and CHEAP WAGES?

There is talk about screwing us Boomers out of our Social Security because the system is BROKEN....with all due respect, this year alone (counting the matching donation from our employer on our behalf) my wife and I have put more than $11,000 into the Social Security System, have done so for years...WHAT HAS WASHINGTON DONE WITH OUR MONEY, when is Washington going to REPAY the IOU's in the Social Security Account for money wrongfully borrowed and used for decades now?

Don't tell us when we have paid into the system for over three decades now that we should be willing to accept the reality that Social Security will not be there for us, or if it is there for us, we will get less than half of what we are supposed to recieve in the name of preserving the system for future generations...SCREW YOUR TALK ABOUT FUTURE GENERATIONS....we have sacrificed our whole lives, and now you want us to live out our retirement years in abject poverty for FUTURE GENERATIONS...sorry, but FUCK YOU, FUCK THE DEMOCRATS, FUCK THE REPUBLICANS, and FUCK THE CORRUPTION THAT IS WASHINGTON DC, and FUCK THOSE FUTURE GENERATIONS...with Affirmative Action and various other Federal Mandates that always saw people like me asked to sacrifice for a larger societal goal, I am TIRED OF WAITING...it is my/our turn now, and all your talk of us pulling up our bootstraps and digging in so that those following in our footsteps can have a better life is HORSE SHIT. We played by the rules, even when those rules were NOT FAIR TO US....now it is our turn, and the fact that you expect us to give it up is simply unacceptable.

Tell me Mr. Obama why I and other Americans in the middle class, why almost 75 million Boomers close to retirement should be willing to sacrifice in the name of future generations when you and other fuck turds in Washington continue to let Illegal Aliens steal our jobs, depress our wages and ruin our neighborhoods? Tell us why is it you want to give them AMNESTY as it is the right thing to do (for who?)...do you know how OFFENSIVE THAT IS MR OBAMA...why the fuck does some CRIMINAL who broke at least four of our laws in being here deserve AMNESTY...they deserve a CRIMINAL RECORD AND DEPORTATION. If I as an American citizen broke the number of laws that an illegal alien breaks in being and working here in America illegally, I would be IMMEDIATELY ARRESTED, but in the name of the National Chamber of Commerce you and other scum like you want to look the other way, want to grant these scum AMNESTY. Tell me MR OBAMA...how many children of ILLEGAL ALIENS got health insurance when you signed into law your new Health Care Law....do you really think that is fair? If you do, you are one dumb assed ignorant Harvard Graduate. We in the middle class are tired of the worn out lie...they are taking job we will not do...BULL SHIT! IF those hiring illegal aliens PAID A LIVING WAGE, hard working Americans WOULD TAKE THOSE JOBS IN A HEART BEAT.

You promised change...where is it? You tell us to be patient...why should we be patient when every day we see you and your ilk continuing to bail out the rich and elite while fucking us over in the middle class.

Lets have some STRAIGHT TALK here Mr. Obama...how much do you expect US IN THE MIDDLE CLASS to suffer in the name of your dream of building a Socialist Nervana in which the rich and elite rule over a enslaved and meek serdom of broken middle class citizens? Can you give us a good reason Mr. Obama why we should not take to the streets in massive protests? Can you give us a reason why we should not take actions to protect our own jobs, to see that illegal aliens stop being allowed to work at jobs that are rightfully ours? Can you give us a good reason why we should not just walk away from our upside down mortgages, why we should not stop making payments on our credit cards and simply let the economy crash? If everyone but US IN THE MIDDLE CLASS are going to get a bailout while we are left holding the bag, why shouldn't we rebel against the injustice of it? You want to KEEP PEOPLE IN THEIR HOMES, but at WHAT COST TO THOSE OF US THAT PLAYED BY THE RULES? Their buying houses they could not afford, idiot banks lending them the money to do so have cost us EVERY PENNY OF EQUITY WE HAD IN OUR HOME, we are now in an upside down mortgage....yet, where is OUR FUCKING BAILOUT MR. PRESIDENT.

You say you want to HEAR US, then try really listening, know the anger that is seething here in our middle class neighborhoods, under stand the bitter hatred we have of illegal aliens because they HAVE STOLEN OUR JOBS, HAVE DEPRESSED OUR WAGE BASES, HAVE IN MANY CASES RUINED OUR NEIGHBORHOODS while Washington looks the other way, tells us in 30 second sound bites that Amnesty is the right thing to do. Tell me MR AMNESTY PRESIDENT...do you know what it is like to have 30-40 illegal aliens living in the house next door to you, and in the house across the street...do you know what its like to have the local police DO NOTING ABOUT IT because our city acts as a Safe Haven for ILLEGAL ALIENS.

Understand how close many of us are to saying to hell with it, as we walk away from our own debts and upside down mortgages convinced there is no other course since our government has decided it is us who have obeyed the rules that must bail out those that did not...A Nation of laws...BULL SHIT! In a nation of laws, 12-25 million illegal aliens would be deported, those that hire them prosecuted for their crimes. In a nation of laws, our banks would be nationalized, and entire management teams imprisoned for life. So far MR OBAMA, you have given people like me NO REASON to be patient, given us no reason to believe that you are on our side. Instead, we see more of the same as illegal aliens are coddled to, and the UBER RICH get bailed out at the expense of the middle class, while the National Chamber of Commerce uses their might to get you and the Congress to give them more and more bodies as they work to keep our wages depressed and bottomed out.

I would STRONGLY SUGGEST that you Mr. Obama stop playing games, would suggest you come before the American people ASAP and explain what it is you are going to do to make those of us in the Middle Class who have played by the rules our entire lives WHOLE AGAIN. Explain to us why we should accept AMNESTY for 12-25 million illegal aliens, why we should respect your belief that they should be allowed to keep their jobs when 5 million of us have lost our jobs, explain to us why you are KILLING E VERIFY in the name of scum sucking criminal illegal alien scab laborers that have depressed our wage base here in the middle class, stolen jobs that belong to us and our children. Explain to us Mr. Obama why we enmasse should not simply turn our backs on a government in Washington that has betrayed us, crippled if not forever stolen our AMERICAN DREAM. Oh...one last point...being against illegal aliens does not make myself or others racist...ILLEGAL ALIENS ARE CRIMINALS regardless of their nationality or country of origin. As example, I want ALL ILLEGAL ALIENS DEPORTED...this includes all the ones from Mexico, but also includes (as example) all the ones from Ireland as well.