Man bulldozes home after bank begins foreclosure

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May 18, 2008
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#21
WTF
the bank put him in that situation by abusing/exploiting him
He just stood his ground and fucked them back.

Its not about free rides its about whats right and honest. He had been paid well over half of that house already!
 
Nov 24, 2003
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#22
Thus me saying "per se".

We live in a economic climate that PROMOTES debt.
There is a big difference between promoting and mandating.

You blame the drug dealer. I blame the drug user.

Do you NEED to OWN a house? No, but you NEED shelter. That is a NECESSITY of LIFE
I agree that it is a necisiity for life, but it seems that we disagree about who is responsible for meeting the needs in one's life.

My problem here is the deceiving nature of those who are supposed to be "helping" us purchase a home.
How is it deceiving if you know about it? They can't mislead us if we know they are misleading us because then we are just knowingly following them.
 
May 9, 2002
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#25
There is a big difference between promoting and mandating.

You blame the drug dealer. I blame the drug user.
They essentially do both. Do you know how many people own homes that were bought with straight up cash? From what I understand, You cant: a bank has to have SOME stake in any property. If that is incorrect, than I regress.

Credit promotion is EVERYWHERE for cars, houses, SCHOOL....you name it, loans are offered. Debt and credit is apart of our economy and our way of living. It wasn't always like that though.

On a side note, you REALLY are going to blame the drug user? So you feel that drug users need to be in jail more then the drug pushers? Im sorry, but a person who pushes crack deserves jail time over a person who smokes it. Its one of the reasons why our jails are packed like sardines. But that is a whole other debate.

I agree that it is a necessity for life, but it seems that we disagree about who is responsible for meeting the needs in one's life.
As a person, YOU are responsible for that. Do you know how hard it is to find a house for RENT, if you have a large family? I'm sorry, but a family of 5 isn't going to rent a 2 bedroom apartment.

How is it deceiving if you know about it? They can't mislead us if we know they are misleading us because then we are just knowingly following them.
Its deceiving for many folks because they are told to their FACE all of the things THEY think WE need to hear. True, many folks don't read the fine print. But when they state in ways that are confusing to the average person, who most likely cant afford a lawyer to that for them, they are placing their TRUST into the loan officer.

On a side note, my buddy actually WORKED for Country Wide and he openly admitted to ME that they lie to just about EVERYONE they solicited. He quit because he felt a moral obligation was being exploited to the folks he talked to.
 

FDS

RIP DUKE BROTHERS
Jan 29, 2006
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#26
The reality is definitely not people thinking that we are entitled by some birth right contract to an unsustainable lifestyle perpetuated with relatively illogical, newly conceptualized social technologies that have been misleadingly accepted as inherent rights by virtue of being of the human species.
The reality is that we live under debts that we have no control over, per se. If i want to own a house, i need to get a loan. I then pay the loan, with interest, that will end up costing me about 33-50% more than what I borrowed, if i am lucky. In fact, for the first *so many* years, you are only paying off INTEREST....your not even sniffing the actual money borrowed. Technically, you are just "renting" money from the bank.

Mortgage broking companies and banks have been fucking people over for YEARS. Do i even need to bring up Country Wide?
While I do agree with some parts of your post in theory,

You realize that you already refuted the premise of your opening statement



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So you actually do have control over you debts, because as you accurately stated, owning a house is a want not a need
Thus me saying "per se".

We live in a economic climate that PROMOTES debt. Credit card companies WANT us to owe money because they MAKE money off the money we OWE them. Sure, we can AVOID credit cards, but then we cant incur credit to help us get things like JOBS and HOMES to call our own.

Do you NEED to OWN a house? No, but you NEED shelter. That is a NECESSITY of LIFE. By binding a home owner to silly contracts and small print that even LAWYERS can miss, it becomes a a big "fuck me in the ass" job, as illustrated by the gentleman in this story. People every year reinforce their homes because it was perceived as a GOOD idea, until the banks pull the rug up from under those home owners and fucked them DRY. My problem here is the deceiving nature of those who are supposed to be "helping" us purchase a home.
There is a big difference between promoting and mandating.

You blame the drug dealer. I blame the drug user.



I agree that it is a necisiity for life, but it seems that we disagree about who is responsible for meeting the needs in one's life.



How is it deceiving if you know about it? They can't mislead us if we know they are misleading us because then we are just knowingly following them.

 

FDS

RIP DUKE BROTHERS
Jan 29, 2006
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#30
What arent you understanding?
lol i understood all of it.

but im sure folks reading this thread could tell you 2 were in some deep debate obviously using language and vocabulary that is unexpected for a gangsta rap forum so i thought it would be funny to post billy bob there to bring a little tension down.
 

FDS

RIP DUKE BROTHERS
Jan 29, 2006
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#31
thats what I was about to ask. You guys are making valid points in plain english.
VVV

The reality is definitely not people thinking that we are entitled by some birth right contract to an unsustainable lifestyle perpetuated with relatively illogical, newly conceptualized social technologies that have been misleadingly accepted as inherent rights by virtue of being of the human species.
read that sentence to tweeze and see if his head doesnt explode.
 
Jul 6, 2008
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#40
yes, fuck the bankers man fo reals.

now, that they ahve all these foreclosures. they are holding back on inventory, buy not offering out into the real estate market.

what that does is keeps the homes that are on the market at the same levels they have been for years. instead during a down turn the market should see prices dramatically decresing, but since the illusion is there that there arent enough homes on the amrket, the prices stay the same.

these fucker bankers are scamming the market to the fullest by withholding their forclosure inventory.

this is one of the reasons why even in a down market it is still hard as fuck to afford owning a home, the prices arent going down enough to reach people.

this country is in deep shit this decade.