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Eliminating the FED is like eliminating the dead; its already on its way. Just dig the ditches and fill up the earth afterwards. Make sure you don't buy dollars with Bernanke's face on it.
just vote for eliminating FED!!!
let to vote it to your friends,we must be united:
http://trendybull777.blog.com/2011/02/21/hello-world/
Things all over are coming apart more and more.... we can all see it.... We need some Honest people in Washington D. C.
Criminy, the least you lefty dingbats could do is get your head around out what's in the actual financial interest of the people you're supposedly trying to help.
The best thing for people in underwater mortgages is to dump the house and get out. I would generally recommend a short sale, but if you don't care at all about your credit rating, then simply stopping payment and dragging out eviction as long as possible could make good financial sense.
Anybody offering you a loan modification that gets you to re-commit to paying on a mortgage that's still underwater after the mod is doing themselves a favor and screwing you.
I will grant that you might have a personal attachment to a particular house. So figure out how much it's worth to you. For example, look at offers on the market and find a home that you like a bit better. If the price of that better home is less than the principal you owe on your current home, then you would be foolish to continue paying on your current home.
This is not rocket science folks. Quit screwing people by trying to get them into loan mods that don't get them out from underwater. For most people the best thing to do is dumb the bad deal, bide your time and rebuild your credit rating, and then buy something better for less. Duh.
I wish we could foreclose Libya to the Khaddafi clan!
I applaud the sentiment that says "follow the foreclosure agent to their house and occupy until an alternate solution presents itself"...much the same tactic I use for telemarketers which goes "give me your home number and I might call you at 3 am and talk about your product, and get your views on plate tectonics.."
The system is still FUBAR. Just refi'd my commercial building. The bank wanted to pull forward the appraisal from 6 years ago. Hmmm I wonder why? We were both fooling each other thinking that it was accurate today. Wink, wink, nudge, nudge.
I got 5 years to prepare for the next round of refi when interest rates are 25% or we Japanifi for the next decade.
Games, smoke, and mirrors. Even more so now than in '08.
5 Words:
Show
Me
The
Note
Motherfucker
Shut down JP Morgan / Chase ...buy silver ,
then next week, buy more silver.. then
after the crash ... buy a house.. 10 cents
on the dollar..
http://trendybull777.blog.com/2011/02/21/hello-world/
Rehash. Does he write his own "comments" as well? Looks the same.
Its real estate. All grunts, current and former, know that once you capture it
you have to hold it. Good luck on that one. Oh look ! Copper plumbing !
And copper wiring!! Don't let that sheetrock stand in your way!!!
Bernanke is intent on digging himself out of his hole.
Keep digging with reckless abandon, Bennie!
Hey, you banksters out there - listen up. Hear that rumble of distant chainsaws? Its coming closer. Keep those bags packed.
That sounds...yummy....
muther fucka!
Collapse the whole system, the sooner, the better and the sooner compensation will return those who actually add real value to the economy.
http://4closurefraud.org/2011/02/09/deadbeat-bank-raw-video-of-sherriff-...
For those who study history, the reality is this: poor people are expensive.
We either pay for a subsistence living allowance (welfare or living wage agreements), or we pay to clean up after they riot and destroy things (see the French Revolution or the Watts Riots). The question is, which alternative is less expensive to the whole of society? Or, we could just shoot the poor and be done with them.
Folks who have studied the issue, because they care about unintended consequences, and who account for all of the costs in each available alternative, realize that there are no simple, easy answers.
But we can always pretend that there are, and ignore the consequences our choices cause.
exactly - but no wait.. lets kill the unions first since that will save the system
Yeah the whole system is shitty.
The only problem for people living in a recourse state is that even if the bank can't come after the house in lieu of a defaulted mortgage (because the paperwork is so screwed up), they can always go after your other assets and your income.
For the minority who are trying to get something for nothing this only works in a non recourse state.
It's generally NOT in the banks best interest to try to prove they own the debt.
Of course it is... it settles multiple matters, i.e. who the proper holder is and who is entitled to the $... If they suffer put backs, then they can be made whole by the next person up the chain... The only problem they run in to is when they swear to the court they're the holder without doing their due diligence or as an outright lie...
Still waiting on the shotgun lawsuit where the entire chain of title is named as a party and the relief sought from the court is to figure out the holder so they can go ahead and foreclose... and, as an ancillary measure, who would ultimately be entitled to the proceeds...
Foreclose away, save the banks (but only the biggest 20). Cuz we're your neighbors and can no longer afford the generous pensions and benefits you were awarded 10 years ago, coming due now, when many of our neighbors have lost their jobs so it is all on us to pay for your absurdly high pension at age 55 so we are not able to afford our home payments despite being here for 20 years cuz my spouse lost job and we just can't swing it anymore.
i love the indian accent.....purrrrfect
and your country.
chamber up and blast dat mo-fo
The ending was rather anti-climactic.
I am Chumbawamba.