Posted on 02/02/2010 11:07:20 PM PST by ATOMIC_PUNK
*SNIP*
Andrea Guice's situation is grim. She's lost her job, her huisband is sick and she can't make her mortgage payment. So, she's taking the advice of her congresswoman. "As a last resort." Ohio's 9th district Congresswoman urging her constituents, "I say to the American people you be squatters in your home don't you leave." Kaptur says she's had it with the government bailing out banks instead of homeowners.
*SNIP*
Congresswoman Kaptur blames the lender. "They are vultures they prey on our property values. I guess the reason I'm so adamant on this is because I know property law, and it's power to protect the individual homeowner and I believe that 99.9% of people have not had good representation in this."
And that’s why I’m for armed thugs to kick people out.
Arrest them for bank robbery and let them squat on a prison bunk.
Congresswoman Marcy Kaptur, who represents Northern Ohio’s Ninth Congressional District, is currently serving her fourteenth term in the U.S. House of Representatives.
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Name her party.
It’s not like they are going to pay the property taxes on their homes when they stop paying their mortgages...so if the banks won’t kick them out, the Congresswoman’s government will.
Tax auctions move fast, too.
D rat. Ohio.
The ‘Lazy, Greedy, Lying, Can’t Add & Subtract, Bush’s Fault Little Sh$ts’ Party?
Right!
>>Congresswoman Marcy Kaptur, who represents Northern Ohio’s Ninth Congressional District, is currently serving her fourteenth term in the U.S. House of Representatives.
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Name her party.<<
How many guesses do we get?
“I say to the American people you be squatters in your home don’t you leave.”
We went to public school, didn’t we?
Just one guess...lol.
ROFL.
Come to think of, neither is goobermint.
LOL. Right.
The situations described in the article are sad and awful, but this congresswoman is a typical democrat.
Certain subjects, like taxes, utilities, insurance and primary home ownership, need acknowledgement for their power to destroy lives. It’s not like getting a boat or car repo’d. Homestead laws and public utilities and insurance and tax commissions address this reality (though in their quest for ultimate power, tax agencies generally refuse to acknowledge homestead laws, or much of anything anymore, except their exultation of their power to destroy).
Life is unpredictable no matter how careful you are - it’s easy to be a hardass when someone else screws up. But when your retirement account vaporizes, do you deserve sneers for trusting the value of the dollar or common investments because derivatives were so overextended? If you hit a hard time in winter, should you be thrown out in the snow because you’re behind on your rent? Should you be denied a loan based on your hard-earned equity over many years of paying on time, and as a result lose your house like some bum just because the banks don’t trust Wall Street anymore?
Judgement requires discrimination. Many people deserve hard times for screwing around with opportunities or cheating the system and getting caught. But it’s just as wrong to damn all people all the time just because they’ve suffered a failure, as it is to let everyone go scott free no matter what.
Anyway, that’s my rant and I’m sticking to it.
I don’t believe in ‘squatting, but it is true that many banks refuse to foreclose on properties that they will take a huge hit on because of collapsed home values. In essence, many of these ‘homeowners’ are ‘squatters’ by default due to bank discretion. At the same time, for mortgages with good loan-to-value ratio, banks will be quick to harass, threaten, nickel and dime with all sorts of ‘fees’ and foreclose on any homeowner that is just a bit down on his or her luck (recent job loss, for example) and will even start this harassment when the mortgage payment is a mere 30 days out. Getting them to ‘work with you’ in this situation seems impossible for many.
I would call the latter practice predatory giving deference of course to recovery of potential loss by the banks. I understand why banks need to foreclose on some, but when they apply different standards based on loan-to-value, people tend to believe there is something sinister happening.
There are a good number of homeowners who really feel like they’ve been treated badly and this is the populist element that Barack Obama has been trying to tap into by aiming his empty rhetoric at banks here lately.
It would be politically damaging for us to take the side of strict personal responsibility or tell homeowners to ‘go it alone’ when many of them feel they’ve been treated unfairly like they’ve ‘bailed-out’ the same banks with taxpayer money that are now harassing and threatening them.
The solution, in my opinion, is for out side to offer something like a ‘Homeowner’s Bill of Rights’ which would clearly outline for those without the knowledge what procedures banks must follow for foreclosure and also find a way to make the acutal act of foreclosure more consistent across the spectrum of markets.
sounds great! squatting to claim a property... awesome!
where does Kaptur live again??
In Washington, DC. after an all out attack last year on blighted vacant property (taxing it at 10% of assessed valuation), some council members have decided that any vacant, property is a blight. Even a well kept one. Now they are trying to force anyone who leaves their home vacant for 1 month or more to register, pay a several hundred dollar fee, and post a notice in front with the name and address of the owner. They might as well put a sign up saying “steal my appliances”. If one does not register they will face up to a $25,000 fine and time in jail.
If you have a friend in Congress, warn them of the jeapardy they or their staff workers, who own homes, face if they go back to their district for more than a month to campaign or visit with constituents. Tell them to contact the city council and as what the heck is going on.
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