"Give me liberty or give me death!"
Liberty is basically(according to Websters dictionary) - 1. freedom from slavery, captivity, etc., 2. a particular right, or freedom, etc., 3. an impertinent action or attitude., 4. permission given to a sailor to go ashore.
So, where is America going? Are we really living up to the Constitution set my our fore fathers?
Are we being given the best that is available to us? Health care, mortgage loans (after all, we are paying for the banks that didn't manage funds as they should), re-financing (why not? If you could loan money 4 years ago at 5-6% and that is the current interest rate, why not set that rate in stone, rather than foreclose?)
I just don't honestly get this. I have so many friends who were offered the world, low interest rates, rates that were only supposed to increase 1% per year, only to find out that another bank bought their loan and the deal has changed. Now instead of a $1,100.00 payment per month the new bank that bought the loan wants $3,600.00 -
NOW! How does it make sense to foreclose on these people? Why not just re-fi and not lose the hundreds of thousands of dollars it costs a bank to foreclose on these properties? Not to say, how angry the owners are that the banks won't help them out. The anger that occurs and the end result - the home owners strip the property, throw a bag of concrete down the toilet and take everything - even more than the "kitchen sink".
I don't understand what happened to the good ole USA - where "United we stand, United we fall"...well, that is not the case.
The banks are paying back their government loans - quite quickly - at the insistance of the Presidents of the banks and the big wheelers that still want those great big "END OF YEAR" BONUSES!
There is no "united we stand" in these deals. There is still those that HAVE keep wanting to HAVE MORE...AND THE REAL PEOPLE (that we cannot do without) have LESS.
What is happening to the United States? We need to protect those who live here, and to say,
"NO" to the rediculous BONUSES IN CORPORATE AMERICA.
WHAT'S GOING TO HAPPEN NEXT?
http://www.KarenMonsour.com, 954-464-4194
(Copyright© 2009 Karen L. Monsour, All Rights Reserved.)
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