Stop Payment

Category: Foreclosures, Real Estate, Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “Stop payment! A homeowners’ revolt against the banks”

  1. [...] ostensibly about the ongoing battle between Homeowners and Bankers (PDF is online at Scribd, Think Tank, but not for [...]

  2. MayorQuimby says:

    THEY ARE NOT HOMEOWNERS THEY ARE DEBT HOLDERS. IF THEY OWNED THEIR HOMES THEY WOULDN’T HAVE TO PAY ANYONE ANYTHING.

  3. subscriptionblocker says:

    Bankers, NYPD thugs – hell of a world we leave for the young.

    Easiest fix?

    Live in a homestead state…with those near 200 yr laws (which could never be passed today) – and opt out of getting bankers involved at all (pay cash – only way to be sure).

    Then stay away from *any* area occupied by militarized police. You can’t win, and sooner or later – you’ll lose.

    Young people should let old people perish in their own financialized vomit. Life is finite – don’t waste yours here.

  4. beaufou says:

    “IF THEY OWNED THEIR HOMES THEY WOULDN’T HAVE TO PAY ANYONE ANYTHING.”

    They would still have to rent their homes through taxes.

  5. Francois says:

    “THEY ARE NOT HOMEOWNERS THEY ARE DEBT HOLDERS. IF THEY OWNED THEIR HOMES THEY WOULDN’T HAVE TO PAY ANYONE ANYTHING.”

    For this occasion, we shall overlook the rude behavior that is the intemperate use of all caps. (Sigh!)

    As for the comment itself, pray tell how the distinction between homeowners and debt holders changes the the gist of the article, hmmm?

    Believe it or not, but in a country where 1) the rule of law is supposed to be the norm and 2) striving for fairness in making and applying said law is seen as desirable, debt holders do have rights too. The humanity and dignity isn’t erased by the fact they owe money.

    I know, I know! The last concept is kinda radical in a banker/rentier/grifter-dominated culture, but it has some intrinsic and historical validity.