tag:blogger.com,1999:blog-3991677.post4359836895062212695..comments2023-08-12T02:57:55.657-07:00Comments on Random Thoughts...: USA become Third World Countrytotochihttp://www.blogger.com/profile/11605692399628828593noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3991677.post-46599337859616309792009-02-22T05:32:00.000-08:002009-02-22T05:32:00.000-08:00Whoever you are, there's enough info on the web fo...Whoever you are, there's enough info on the web for you to decide whether your impression is right or wrong. There's no need for me to do your research.<BR/><BR/>As for the cause of the financial crisis, I blame mostly the current culture of irresponsibility and believing that the nanny state should bail everyone out; this ~$1T spending act just perpetuates the problem. Your mileage may vary (obviously since you blame the Republicans... I don't think they had control of the Senate during Bush's terms as POTUS).totochihttps://www.blogger.com/profile/11605692399628828593noreply@blogger.comtag:blogger.com,1999:blog-3991677.post-73803604116544354682009-02-21T23:44:00.000-08:002009-02-21T23:44:00.000-08:00Well, at least Acron activists are facing criminal...Well, at least Acron activists are facing criminal charges for what they have done. So I wouldn't worry too much about the US turning into a law-less country.<BR/><BR/>However, All the bad things the house owner did took place when the Republicans were in control of the white house and congress. I'd still blame them for letting such a broken mortgage system persist.<BR/><BR/>And are you certain that ACORN will get any money from the stimulus package. I was under the impression that all the money granted by the stimulus package will go to federal and state government organizations. Do correct me if I'm wrong on that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3991677.post-1345021184899874762009-02-21T11:20:00.000-08:002009-02-21T11:20:00.000-08:00Wow, thanks. I knew a refi was in there somewhere....Wow, thanks. I knew a refi was in there somewhere. They should throw her in jail along with the ACORN idiot.<BR/><BR/>Why are we "bailing" out these people? The money is just going in a black hole. Obviously Ms. Hanks can't manage her finances. From <A HREF="http://www.zillow.com/homedetails/charts/36434014_zpid,10years_chartDuration/" REL="nofollow">Zillow</A> (I know that data is not 100% accurate), the house in question didn't get close to $300k until Jan06. Somehow the bank allowed her to pull out $200k in equity. Where did all that money go? <B>She file bankruptcy 6-9 months later?!</B><BR/><BR/>Unfortunately, this non-stimulus bill/law is going to encourage more of this fiscal irresponsibility, both in the government, business, and in private.totochihttps://www.blogger.com/profile/11605692399628828593noreply@blogger.comtag:blogger.com,1999:blog-3991677.post-71998726041131597242009-02-21T07:49:00.000-08:002009-02-21T07:49:00.000-08:00Thought you might be interested in some REAL infor...Thought you might be interested in some REAL information related to this foreclosure; Donna Hanks initially purchased her home (315 South Ellwood, Baltimore, MD 21224) on 7/06/2001 for $87,000. At some date between 2001 and 2006 she re-financed the original mortgage for the amount of $270,000 with a mortgage payment of $1,662.00. The FIRST foreclosure on this home was filed 5/31/2006. Donna Hanks filed for bankruptcy 6/16/06 during which a payment plan was approved for the $10,500 she was behind in her payments. This action stopped the original foreclosure. When she did not meet the terms of the bankruptcy re-payment, a second foreclosure action was started in January 2008. At the time she had not made her mortgage payments since September 2007. It should be noted that her salary per the bankruptcy paperwork was $1625 per month and she was working a 2nd and 3rd job (supposedly giving her an additional $1,275 in monthly income - the employers were not listed). Over extended? Also, during 2007 she was renting our her basement illegally (she was taken to court) and receiving rent while she was not making her mortgage payments. The mortgage company "raised" her payment $300 a month - right? Well, not exactly it was $340. The amount that she had agreed to pay back in arrears. Not exactly truthful, but what I would expect from a person with her criminal record (theft and assault 2nd degree and possession of a dangerous weapon with intent to injure). Oh and there is the small matter of breaking and entering. The house at 315 South Ellwood had already been sold at auction on 6/26/08 for $192,000. It just took them until September 2008 to get her out. Nothing like public information - it seems Acorn could have found this same information before they helped this "poor" victimized woman.....................Anonymousnoreply@blogger.com