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To: Ilaine who wrote (71323)8/23/2009 7:27:43 PM
From: Snowshoe  Respond to of 74559
 
>>make sure you are not throwing good money after bad<<

That's definitely a concern, but my friend has equity and a decent fixed-rate mortgage. There was a cash flow squeeze, so I helped pay off one debt and now the monthly budget balances. No margin for further trouble, however. It's not the way I like to live.



To: Ilaine who wrote (71323)8/24/2009 12:04:34 AM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 74559
 
They must think it's "their" house and they want to defend it in a territorial primate kind of way, not understanding that there is eminent domain and law regarding debt which makes it not really their place at all. <I see it time and time again, people cash out everything, including their retirement accounts, to make the mortgage payment before they finally are tapped out, and lose the house anyway. > So they throw everything at it, including the kitchen sink, in an attempt to defend their realm, which is actually indefensible and not really their property at all. I guess you see inheritances large and small thrown in too. I am aware of one such instance, but it's hard to talk to some people. "Thats MY house. How dare the banks take it away?"

Citizen serfs don't understand that they don't really own anything at all, including their own lives and purported "free will". They are mere chattels of the state. It's a great con that they are persuaded otherwise. What's hilarious is that they go on voting for more of the same, like turkeys being in favour of Thanksgiving and Xmas. But when they realize they have been done, fleeced, gutted and are now on the scrap heap of history, it could get them reaching for pitchforks as in good old tradition around the world when the rulers over-reach.

Mqurice