Death before forclosure ?

To the best of my knowledge, I have no friends or family in Massachusetts. I have never been there, and I do not know anyone who has ever been there. But today, my heart is there. It belongs to a family in a town called Taunton, which is just outside of Boston. On Tuesday, July 22, a woman had to face the fact that she was alone and helpless. She had to face the fact that her life would never be the same. She put together a letter that said " by the time you forclose on my house, I wil be dead ". At 2:30 PM, an unnamed mortgage company recieved this note in the form of a fax. The company called police, and by 3:30 PM they had found a dead woman. A 53 year old wife and mother who thought that death was better than losing her families home. Another note was recovered at the scene, addressed to her husband, and 24 year old son that said " take the insurance money and pay for the house ". Later that day, at 5:00 PM, outside of the dead womans home, people started to gather. Not to mourn, or to pay respect, but to bid on her home. Here where I sit, I mourn for this womans family, and for her. I can only imagine the terror she lived with. We, the greatest nation in the world, A country that can send food, and blankets, and medical suplies, and money overseas to help people in need, have people in need right here at home. Will McCain or Obama go to this small town and tell these people that this was wrong? Will Bush realize that the big banks are not the only ones that are getting hurt by this economy ? Hey, GW ! I work hard for what I have........ Hey GW ! I have to decide between a tank of gas, or milk and eggs........... Hey GW ! How much did you make from the oil company last month ?....... Hey GW !.......... GW ?........ GWWWWW ? ............................. Can you even hear us ?

Money, Money,.............. nowhere ???????

What have we done ? Did we do it ? Who caused this motgage situation ? Where did all the money go ? Did our lives of excess finally catch up with us ? Yes it did. Because we knew those intrest only loans would catch up with us. We knew that the credit card bills would be in the mail. We knew that the big SUV that gets 9 MPG would eventually cost us more than it was worth. Who's to blame ? All of us. Yeah, I read some other blogs that say to start impeachment procedings, and I think we should. I also think that when we point out blame, we have 3 fingers pointing back at ourselves. Why do I say that ? He won the election, right ? Look, I want change as much as the next person, but we need a change that begins at the top and works it's way down. The most wealthy people in the US can shelter themselves from change, but at the bottom of the pay scale exists a large number of people who will collapse if they miss a paycheck. Our laborforce is losing jobs in record number, and with the new home's start rate at record lows, what are we to do ? Should we bail out these lenders that have lost out due to forclosure ? I say no! I have read post from other bloggers who have worked for these companies, and read about the exessive spending. These companies lived in exess on our dime. They broke it, now let them fix it. It is time that they restructure these loans so that people can keep their home. They should make it possible that a payment keeps coming in every month instead of begging at uncle sam's door. Remember, uncle sams door is also our door. I don't see the problem. So they do not make $200,000 on a $100,000 home loan. They make less and they keep working, and people still have a house to live in, and some people will be able to buy a new house and they will be in business to finance the purchase, and more people will have work building the house, and taxes will be paid, and everyone is happy ? Right? Am I completely lost, or does anyone else share this idea ? I had to vent about this today because I have friends who have been laid of because of declining work in my area, and it seems that things are circling the bowl for all of us

Where is our MR. Lincoln ?

In the news this morning, I am hearing that the feds are going to bail more mortgage leanders out of the hole that they created. I understand that these lenders have loans out in the trillions. Well, good for them. Is it fair ? I think not. Bad business decisions are just that. I picture these lenders as the villans that give the evil grin when getting a homeowner to sign on the dotted line, twirling their mustache waiting to snatch the contract away, knowing all the while that impossible payments will not be met, and then they will reclaim the home and repeat the process all over again. Yet the seemingly unfair lending practices are pushed aside when they go to Uncle Sam and cry for help. Maybe instead of these CEO's that make millions a year, and then beg for bailout help from the government that WE pay taxes to, could adjust the intrest rates or terms of the existing loans so that no family will be put out in the street, their credit will not be scared, and the mortgage payment keeps coming in. It is no secret that a very small group of americans posess the nations wealth, and that a large number of people, including myself, have limited funds. I believe that we have become slaves to the economy and there is no lincoln to free us. This economic slavery extends to all races, and many more americans are falling into this life sentence. Will bailing out these lenders help the economy enough to eventually help free us from high inflation and debt ? Will there be a trickle down effect that will eventually allow us to enjoy the fruits of our labor ? In America, I believe that the lady behind the counter is just as important as the suit that goes to work in his mercedes every day. I think she should be entitled to a lifestyle that will allow her to have a decent vehicle, and a decent place to live, and food to eat. We are promised life, liberty, and the pursuit of happiness in this country, but I find it hard to pursue happiness very far when after the bills are paid there is not enough money for gas in the car. We need to start seaching for our lincoln, someone who is more concerned about ALL people, and not just their account balance.........