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Desperated people to Obama and bankers: SCREW YOU!!!!

Discussion in 'Political Discussion' started by NEPatriot, Jan 12, 2010.

  1. NEPatriot

    NEPatriot Banned

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    The Way We Live Now - Walk Away From Your Mortgage! - NYTimes.com

    It's a very good article. If you have time, read it. Let blow the whole thing up. I think that this author has a good point. Why do you want to pay more than what your house is worth?

    If you can't make a payment and know that you are going to loose your house down the road, why don't you walk away from it RIGHT NOW?
  2. alvinnf

    alvinnf Rookie

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    Well, because you would be tanking your neighbors property value in doing so. If everyone walked and didn't hold up to their responsibilities the only ones whom would suffer would be those that have been responsible not irresponsible. This isn't a video game where you just get to hit reset when things don't go your way. I am all for letting people abandon their property only under the caveat that they are never allowed to purchase a home again and will perpetually rent!
  3. NEPatriot

    NEPatriot Banned

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    The value of people's houses is going down anyway regardless of their making monthly payment.
  4. alvinnf

    alvinnf Rookie

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    Sure, but let's not invite the apocalypse in the housing market. The sooner people start making their payment the sooner we see the bottom. We shouldn't race to the bottom because we think it's getting close.
  5. IcyPatriot

    IcyPatriot ------------- PatsFans.com Supporter

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    #87 Jersey

    ................................... :cry2: ... :itsok:
    Last edited: Jan 12, 2010
  6. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    We Sit, We Wait, For The Messiah's Miracle's, We Sit, We Wait, For The Change We Can Believe In.

    The Wars Still Rage, Troops Still Die, Terrorists Are Still Playing Soccer In The Sunshine Down In Club Gitmo, People Are Still Losing Their Homes, The Economy Is getting Worse By The Day, Our Filthy Scumsucking Politicians Still Spit In Our Face (copenhagen party) Our Jug Eared Dumbo Golden Boy President Still Struts Around In All His Arrogance Believing He Is The Master And Lord Of The Universe.

    We Sit, We Wait, We Watch Them GRIN While They F-ck Us.

    We Sit, We Wait, FOR THE CHANGE WE CAN BELIEVE IN.

    THE MILITIA'S ARE GROWING AS WE SIT AND WAIT
  7. PatriotsReign

    PatriotsReign On the Roster

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    Actually, the sooner real estate bottoms out, the better. Just like the economy as a whole. Why would anyone want a slow decline and thus a slow recovery?

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