cjl1618's Blog

Sounds like another government (TAX PAYER) bail out of ppl who should never have purchased a house they couldnt afford (which was at the BEQUEST of the Fed Government!) Joe Citizen, getting skrewed again.

If you've ever had a home foreclosed on, you might think differently.

I had worked at my job for over 12 years. I'd moved my mother in with me, after my step-father died, and purchased another home, to build different memories.

I'd done a lot of upgrading to the house, new roof, new central A/C and heat units, new sprinkler system, no small upgrades. I wasn't planning on going anywhere. Then, I lost my job.

I was out of work for 12 months. The monies I received from the government didn't cover the mortgage, utilities and food, so I opted to keep the lights on, because of my mother, who was disabled.

I'd finally gotten work with a temp agency, and I'd been trying to work out a plan with the mortgage company, when I got ill and was hospitalized, with spinal meningitis and pneumonia.

When the mortgage company found out that I was hospitalized, they foreclosed the week after I got out of the hospital, and I lost everything.

I landed a nice job, with a major company, and have been trying to pull myself out of the hole, ever since. But when you have a foreclosure, no one wants to extend you credit, let alone rent you an apartment.

This type of plan might have saved me a lot of heartache, and grief, if it had been around, then.

I understand tough times. I have had 6 heart attacks, have congestive heart failure, my left lung is in bad shape from all of the pneumonia I have had, my left leg has been amputated above the knee, my right leg needs the same kind of surgery that ended up taking my left leg, I have skin cancer - I am only 49 and I am a single parent.

I know tough times and I know that the Federal Govt does not owe me a thing. It is tough starting over, but it is something that can be done and is done every day.

Do not ask the taxpayer to do for you, what you can do for yourself. One of the big big reasons why oil is so high, along with other commodities is that the US Dollar is near all time record lows. AND one of the big reasons for that is that the Federal Govt is over 9 trillion in debt and growing every single day.

We can't have it both ways. Spending money we don't have is only causing us more pain - and we have a lot more to come - until we the people say ENOUGH already.

Starting over is not easy, but when the government complicates it with a plan created by our elected officials using our tax money, we can be assured that it will work as effectively as the Veterans Administration, Hurricane Katrina relief, and (to really scare the heck out of you) the IRS.

People make choices, and the onus is on the buyer to ensure they can handle the deal. This is not the forte of government, unless Freddie and Fannie go under. If that happens, nothing will save the dollar, and no amount of government programs will help alleviate the crisis.

Make no mistake on who is to blame for the dollar crisis. This comes from those idiots we elect, folks.

That's what happens when they pretend to be scientists, mortgage brokers, chefs, priests, etc instead of politicians employed by us to protect the country.

So let's see, as my tax dollars go to the mortgage bailout, should I expect a letter from the IRS to return the stimulus check so we can pay for this bailout? And since I've been financially smart and rented during this housing bubble and the big pop that has since occured, where is my financial reward for being of sound mind and body? Do I get a $10,000+ downpayment in form of free aid money by the gov't? Nope. I just get the stinking smell of Washington mystifying the air. Too bad the EPA doesnt zone them as environmental hazards with all the toxic BLEEP that spill from the Capitol steps.