Tag Archives: foreclosures

Sunday funny: Sheriff cuffs Bank of America

Really. In Collier County Florida.

Instead of Bank of America foreclosing on some Florida homeowner, the homeowners had sheriff’s deputies foreclose on the bank.

It started five months ago when Bank of America filed foreclosure papers on the home of a couple, who didn’t owe a dime on their home.

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Dear Senator, would you please move your eyes away from the TV camera and look at this? There. That wasn’t hard now, was it?

John Mauldin is a guest right now on The Dylan Ratigan show. He’s new to me; has a new book called Endgame about the present and future economy of the U.S. (The subtitle is: The End of the Debt SuperCycle and How It Changes Everything.)

Ratigan asked how do you solve the housing problem with so many properties draining the banks and the tax revenues in communities.

Mauldin said “oh that’s easy – I’d just offer a quarter million people a Green Card if they came here and bought a house.”

I love that idea. Clean. Simple. And it could happen i n a heartbeat.

Thinkers. They are there. They are a-thinkin’. And they are not in the government.

Just shame on us – on you and on me

This segment from last night’s 60 Minutes is devastating. 

“American families have been falling out of the middle class in record numbers. The combination of lost jobs and millions of foreclosures means a lot of folks are homeless and hungry for the first time in their lives.  . . .  One of the consequences of the recession that you don’t hear a lot about is the record number of children descending into poverty. . . it is estimated the poverty rate for kids in this country will soon hit 25 percent. Those children would be the largest American generation to be raised in hard times since the Great Depression.”

You can go elsewhere for the statistics; they can’t be too hard to find.  But just watch these kids tell Pelley what hunger feels like and if you don’t weep, you may need an empathy check.

The pull-yourself-up-by-the-bootstraps crowd can kiss my butt.  We’re a rich country and we should feed our kids.