That'd be...all of us, with one exception.
I know I am supossed to feel good about the stimulus. After all, I am a prime canidate for the mortgage plan unveiled Wednesday. I expect to get a fixed rate, a reduced princible and and payment of about $1,900.00 per month. Great.
To those who still have equity who will get little or nothing, sorry about that. It was not bad choices that put me here, it was personal misfortune. To those that have already foreclosed, you blew it; if you had just hanged on a little longer you would have been able to have the government renegotiate your contract.
renegotiate your contract...
If I was in the contract writting business ( oh wait ) and I knew that somebody outside of the deal could step in a rewrite the deal, I would feel disinclined to write deals in the first place. After all, a deal's a deal, and if a deal isn't a deal why should I deal? If I had bought say, ten years ago I would have equity still, and I would be pissed that there is nothing of substance in their for me; I would have lost value and savings too. Why should I play by the rules when the rules hardly acknowledge my existence? If I owned a struggling business ( oh wait thar too ) I would be just a little bitter that MY tax money was going to mega corporations whos big wigs still fly around in private jets. I would feel like I had been cheated by the system and more likely to look for loopholes and whatnots, to make sure no more of my money went to these assholes.
Having seen inflation begin to kick in, I have to say it seems to me any gains I get in my mortgage will be offset by the devaluing of our currency. It seems to be we are all losers in this stimulus, except perhaps the power mad fools who crafted this stinker; thier obvious goals being to make people more dependent on them.
I know I am supossed to feel good about the stimulus. After all, I am a prime canidate for the mortgage plan unveiled Wednesday. I expect to get a fixed rate, a reduced princible and and payment of about $1,900.00 per month. Great.
To those who still have equity who will get little or nothing, sorry about that. It was not bad choices that put me here, it was personal misfortune. To those that have already foreclosed, you blew it; if you had just hanged on a little longer you would have been able to have the government renegotiate your contract.
renegotiate your contract...
If I was in the contract writting business ( oh wait ) and I knew that somebody outside of the deal could step in a rewrite the deal, I would feel disinclined to write deals in the first place. After all, a deal's a deal, and if a deal isn't a deal why should I deal? If I had bought say, ten years ago I would have equity still, and I would be pissed that there is nothing of substance in their for me; I would have lost value and savings too. Why should I play by the rules when the rules hardly acknowledge my existence? If I owned a struggling business ( oh wait thar too ) I would be just a little bitter that MY tax money was going to mega corporations whos big wigs still fly around in private jets. I would feel like I had been cheated by the system and more likely to look for loopholes and whatnots, to make sure no more of my money went to these assholes.
Having seen inflation begin to kick in, I have to say it seems to me any gains I get in my mortgage will be offset by the devaluing of our currency. It seems to be we are all losers in this stimulus, except perhaps the power mad fools who crafted this stinker; thier obvious goals being to make people more dependent on them.
