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Hey Guys I wrote an article to help the Tea Party understand correct housing ponzi blame since they are stupid.


               
2010 Aug 19, 2:20am   33,587 views  172 comments

by GaryA   follow (0)  

Hey guys, I just wrote an article you may be interested in. Here is part of my attack on the Tea Party logic that is so deserved:

"This article is not just for the Tea Party, but for the Tea Party logic that many have. The Tea Party states that the borrowers are at fault for our mortgage crisis, buying too much house, with too easy terms. The view of the Tea Party is that these people should have known better. I think we need to explore this idea further here.

First of all, there is some blame for some of the toxic loan customers. However, that blame needs to be shelled out carefully. We know that those who didn't speak a lot of English were thoroughly bamboozled. We know that many who did speak English were told that real estate always goes up and that you could refinance. David Lereah, who used to be the head of NAR was on CNBC almost daily pumping up the balloon of real estate
appreciation. There was a Wall Street plan here..."

#housing

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161   tatupu70   2010 Oct 17, 8:41am  

ejh says

The courts have said: If you don’t make payments, you don’t get to keep the home. If you don’t make payments and you willfully, intentionally stay in the home and delay & stall your way into the home, you are a scumbag and a THIEF.

Really? Do you have the docket# for that case?

162   ejh   2010 Oct 17, 8:48am  

Nope, but the main foreclosure judge in Pinellas-Pasco counties, FL. has said so. He has told people (50-100 cases a day) that come before him (in foreclosure cases), pay or get out (of the house).

163   tatupu70   2010 Oct 17, 8:50am  

He used the term scumbag?

164   ejh   2010 Oct 17, 8:54am  

NO, he said: If you don’t make payments, you don’t get to keep the home.

165   tatupu70   2010 Oct 17, 8:57am  

You do until your case is heard in court. Until then, it's still legally your house...

166   ejh   2010 Oct 17, 9:05am  

I believe that the (property/foreclosure) laws vary by state.

167   Vicente   2010 Oct 17, 9:29am  

ejh says

If you don’t make payments and you willfully, intentionally stay in the home and delay & stall your way into the home, you are a scumbag and a THIEF.
It’s pretty simple.

And if, for example, a bank forecloses on property it doesn't even OWN... what? By your definition it is also theft. Property seized illegitimately. They are scumbag thieves, should be breaking rocks.
http://abcnews.go.com/Business/bank-america-sued-foreclosing-wrong-homes/story?id=9637897

168   thomas.wong1986   2010 Oct 17, 10:06am  

Vicente says

ejh says
If you don’t make payments and you willfully, intentionally stay in the home and delay & stall your way into the home, you are a scumbag and a THIEF.
It’s pretty simple.
And if, for example, a bank forecloses on property it doesn’t even OWN… what? By your definition it is also theft. Property seized illegitimately. They are scumbag thieves, should be breaking rocks.
http://abcnews.go.com/Business/bank-america-sued-foreclosing-wrong-homes/story?id=9637897

Vicente... all 99.99999999999% maybe?

169   GaryA   2010 Oct 17, 12:35pm  

thomas.wong1986 says

GaryA says

David Lereah was saying every day that you could afford it. In Feb 2004 Alan Greenspan said you could afford it. They are geniuses. But darkside ones

Actually, Greenspan stated “there was no national housing bubble, but its not hard to see there are lots of smaller ones”.
First part hit the headlines while the media dismissed the second half of this statement.

Here is the quote from 2004. Greenspan said adjustables were a better deal. Yeah right. http://www.usatoday.com/money/economy/fed/2004-02-23-greenspan-debt_x.htm

170   GaryA   2010 Oct 17, 12:37pm  

ejh says

Nope, but the main foreclosure judge in Pinellas-Pasco counties, FL. has said so. He has told people (50-100 cases a day) that come before him (in foreclosure cases), pay or get out (of the house).

The evidence presented is these cases is phony. This is an example of a bad judge who is destroying due process. I guarantee you that they are not all bad like this.

171   MarkInSF   2010 Oct 17, 3:29pm  

ejh says

Where does it say in the Constitution that we have a right to live rent-free?
Yeah, that’s right. I am talking about every single one of you strategic defaulters out there who are currently lawyering up (”find your note”) and trying to keep living in your foreclosed home, for free.
There are so many of you scam artists that there’s now a “foreclosure freeze,” and how this will affect ALL property values and the real estate market we can only imagine the worst.
I want to know how many people have been “fraudulently foreclosed upon” who are still making payments? There is no law anywhere that I am aware of that says you get to keep something that you don’t pay for. As far as I am concerned this is like stealing a diamond from a store, or missing payments and keeping your car.
THESE SCUMBAG DEFAULTERS WHO ARE CHOOSING TO DEFAULT IN ORDER TO LIVE RENT-FREE FOR 2-3 YEARS WHILE THEY WAIT TO GET EVICTED ARE ROBBING US OF OUR DIGNITY, OUR SECURITY AND OUR WAY OF LIFE.
WE MUST DO SOMETHING ABOUT THIS, PEOPLE.

If the note is in order, "lawyering up" isn't going to help.

You seem to be opposed to the rule of law.

172   GaryA   2010 Oct 17, 4:46pm  

PPete says

Haha GaryA! I had you figured out from the start.
You are a defaulter looking for a way to steal someone else’s home. You are basically grasping at straws, cursing the banks and the world that conspired against you. You are a “VICTIM” right???
Those BANKSTERS all made you cash out REFI and go to Hawaii with your grand kids for 3 weeks - all in 5 star hotels. Then the next refi when you got all new appliances, a pool for the back yard and jacuzzi bathtub for the new expanded master bedroom. Then the final refi where you got Venitian granite floors and counter tops throughout the house.
Oops. I just vomited a little in my mouth. You are a CROOK.

Do you ever bother to read? I said I have a manufactured home paid for completely. Lets argue this from another point of view. If I were an investor in MBS, I would go to court and argue that I never owned the mortgages on the investment bonds I held. So the banksters will need to pay me back my entire lost investment. And fact is, the investors never owned the mortgages because the notes were never transfered to the MBS trusts.

That should fix the banksters

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