NC Foreclosures
The number of home foreclosures in North Carolina last year reached an all-time high. So since the government in North Carolina is ruled with an iron-fist by Democrats, you know what they're going to do, don't you? Yes, they will pass some laws and screw freedom. And they're still operating in fantasy-land:
Experts blame the growing availability of mortgage loans -- especially high-interest and adjustable rate subprime mortgages -- in part for the increase in foreclosure filings.
WRONG. These so-called "experts" are completely and totally wrong. There's ONE thing and ONE thing to blame for the foreclosure: the person who took out the loan and didn't repay it. It doesn't matter if they lost their job, didn't know about the fees, or even, as is the case much of the time, didn't realize their payments would go up massively every year because of property taxes. The bottom line is that these people took out a loan and agreed to repay it -- and THEY didn't repay it. In the real-world (where Democrats have never been), it's called RESPONSIBILITY. I know in the world of socialism, there's no such thing. In fact, the Democrats are so sure the that people who violated the terms of their signed contract are NOT at fault, they're going to
get some legislation onto the floor. I'm committing to making that happen."
So sayeth supreme do-gooder Becky Carney, D-Mecklenburg. She's somehow, with the magic power of government, going to force people who refuse to pay after signing a contract to pay, to be allowed to NOT pay! And yes, in this magical world, that will REDUCE foreclosures! Democrats. Is there anything they can't do by destroying freedom?
Comments
1
Someone please tell me I'm dreaming... I hope they don't get that idea here in Florida. We had 92% more foreclosures this year over last... sigh.
Posted by: VW Bug at January 16, 2007 12:45 PM (oifEm)
2
In North Carolina, the Democrats simply cannot allow people the freedom to make mistakes. It is not permitted. They will remove the freedom.
Posted by: Ogre at January 16, 2007 12:48 PM (oifEm)
3
First the Democrats pass a law where you have to provide loans to people who can't afford them in the name of Diversity. After all a Lender is going to turn away someone who can pay them back just because he or she looks a tad bit different from them aren't they??
Then when that person who can barely make ends meet gets the house in their 3-2-1 buydown and that third year comes around and they can't afford the note anymore the Democrats are going to make sure they don't have to pay it back.
The Democratic Party: "We used to feed and house people if they picked the Right Cotton, today we feed and house you for picking the Right Candidate".
Then when that person who can barely make ends meet gets the house in their 3-2-1 buydown and that third year comes around and they can't afford the note anymore the Democrats are going to make sure they don't have to pay it back.
The Democratic Party: "We used to feed and house people if they picked the Right Cotton, today we feed and house you for picking the Right Candidate".
Posted by: Skyler the Weird at January 17, 2007 02:49 AM (KkQmZ)
4
Exactly. Democrats only exist for power. They know full well that they cause problems and sometimes do that so they can obtain more power to "solve" those same problems.
Posted by: Ogre at January 17, 2007 12:31 PM (oifEm)
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