- Mar 3, 2009
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So when my family was house hunting when I was younger, the neighborhood we were trying to get out of was a shithole. Through hard work my parents managed to save up enough money to be able to afford a small house. My mother would go to night classes sponsored by state/federal gov't about different loan types, with special programs for people that were poorer being emphasized. They even warned about predatory lending, etc. We eventually find a house, a nice one, get the loan, etc. Move in. No problems. Never late on a single payment becase we lived within our means.
But now there's these fucktards bitching about being 'taken advantage of' by predatory lenders. Do they even read what they signed, or if they didn't understand what they were signing, get a cheap lawyer to explain that you're about to get bent over with no lube if you sign. You're already borrowing hundreds of thousands of dollars, but the fee for an hour of a lawyer's time is too much?? Plus those classes my parents took STILL EXIST. How could you go into something like home ownership and NOT educate yourself?? I don't want to hear about how these 'people are desperate and the lenders take advantage of that'. Bullshit. My parents were desperate to get me away from the drugs and violence of where I lived. They wanted to make sure that we didn't just get out of there, but that we could STAY out of there, without compromising their ability to provide basic necessities outside of paying the mortgage.
But now these people that dived face-first into these awful mortgages without doing THEIR due-diligence get bailed out??? So we have to plunge the economy into even more debt to help these people? I'm sure my parents would've LOVED to have their mortgage payment reduced by half for being retards. Instead they did their research and they compared different programs without having their heads up their rear-ends. Did anyone come along and say 'hey you guys got out of a slum, and did so in an intelligent manner, want a 50% discount on your loan?"? Of course not. ARG
So is there ANYONE else that's pissed off about this?? All I hear is people blaming banks, lenders, the gov't. What about these fucktards that bought what they shouldn't have bought??
But now there's these fucktards bitching about being 'taken advantage of' by predatory lenders. Do they even read what they signed, or if they didn't understand what they were signing, get a cheap lawyer to explain that you're about to get bent over with no lube if you sign. You're already borrowing hundreds of thousands of dollars, but the fee for an hour of a lawyer's time is too much?? Plus those classes my parents took STILL EXIST. How could you go into something like home ownership and NOT educate yourself?? I don't want to hear about how these 'people are desperate and the lenders take advantage of that'. Bullshit. My parents were desperate to get me away from the drugs and violence of where I lived. They wanted to make sure that we didn't just get out of there, but that we could STAY out of there, without compromising their ability to provide basic necessities outside of paying the mortgage.
But now these people that dived face-first into these awful mortgages without doing THEIR due-diligence get bailed out??? So we have to plunge the economy into even more debt to help these people? I'm sure my parents would've LOVED to have their mortgage payment reduced by half for being retards. Instead they did their research and they compared different programs without having their heads up their rear-ends. Did anyone come along and say 'hey you guys got out of a slum, and did so in an intelligent manner, want a 50% discount on your loan?"? Of course not. ARG
So is there ANYONE else that's pissed off about this?? All I hear is people blaming banks, lenders, the gov't. What about these fucktards that bought what they shouldn't have bought??
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