{"id":282,"date":"2011-11-02T13:28:00","date_gmt":"2011-11-02T20:28:00","guid":{"rendered":"http:\/\/bone-in-the-throat.com\/Blog\/?p=282"},"modified":"2021-01-08T19:31:37","modified_gmt":"2021-01-09T03:31:37","slug":"another-wtf","status":"publish","type":"post","link":"https:\/\/bone-in-the-throat.com\/Blog\/2011\/11\/02\/another-wtf\/","title":{"rendered":"Another WTF?"},"content":{"rendered":"

I just saw a report about a couple that was needing to renegotiate their home mortgage.<\/p>\n

They’re falling behind on their payments.<\/p>\n

They’re New Yorkers and their house payment is about 3K a month. I know NY is expensive and I’ve heard of much higher payments on the left coast. <\/p>\n

So while the house payment is higher than I’d be comfortable paying I don’t think it’s out of line for an average American Family these days.<\/p>\n

If both people are working and they’re not extravagant about their expenditures, then this is a snap shot of “Normal Americans” these days.<\/p>\n

The other way these folks are average is that the Husband has been layed off and hasn’t been able to find another job.<\/p>\n

So they attended an event by invitation sponsored by the Federal Government that connects Americans in trouble with the banks and seeks to facilitate loan renegotiation under an Obama program.<\/p>\n

They were denied a renegotiation.<\/p>\n

Why?<\/p>\n

Because the wife made too much money!<\/p>\n

So let’s recap, Wife Employed, Husband unemployed, behind on bills, behind on mortgage.<\/p>\n

The couple wants to honor their debts, & keep their house but they’re NOT eligible to take advantage of a Government sponsored program that would allow them to simply renegotiate their mortgage…<\/p>\n

BECAUSE THEY MAKE TOO MUCH<\/u> MONEY?<\/b>

<\/b>
WTF?<\/b>

<\/b>
Isn’t it enough that they’re in serious trouble?<\/p>\n

I so totally don’t get it. The banks and the government would rather see a decent hard working couple who’s having a rough patch get foreclosed on, have their credit destroyed, and end up homeless than to take action….<\/p>\n

Who does this serve? It sure as hell isn’t “We The People<\/i>“<\/p>\n

This is what Occupy Wall Street should be bitching about!<\/p>\n","protected":false},"excerpt":{"rendered":"

I just saw a report about a couple that was needing to renegotiate their home mortgage. They’re falling behind on their payments. They’re New Yorkers and their house payment is about 3K a month. I know NY is expensive and I’ve heard of much higher payments on the left coast. So while the house payment … <\/p>\n

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