Easy-Way-Out 101

Under our fearless leader, John McCain, there is a way for those poor citizens who over-extended themselves by buying a large home with a 125% loan to stay in their homes. It is their inalienable right to have a home, and health insurance, but that is another post. But what about those of us who were fiscally conservative? What about us Fat Cats who actually make our mortgage payments? I will outline a plan of action to take advantage of this latest shallow promise of McCain's to have Sect. Paulson to buy up bad mortgages. Here's what to do:

1. Stop paying your mortgage. It isn't considered a bad mortgage while you are paying on it! Swallow your pride and quit giving your hard earned money to a corrupt bank. Instead take what you're saving and go finance a boat or a new car.


2. Destroy your home. Your homes value also needs to decrease considerably, so you will be 'Upsidedown'. This means your home is worth less than what you owe. So pick up the sledgehammer and go at it like you're being foreclosed on. Why update your home or take pride in ownership, when you will only be increasing the value of your home and making you ineligible for McCain's mortgage plan.


3. Get new appraisal. Call the bank over, and let them evaluate the value of your home. You need it documented that you are upside down.


4. Vote for McCain. Or actually, a vote for Obama will also most likely bring the same socialist market plan. Keep voting back the same Democrats and Republican's who voted on the Bail Out Bill, so there won't be any way to filibuster such a bill.

I would like to understand WHY I should keep working hard to pay my bills. Why take responsibility for my financial decisions when I will be able to stay in my home regardless? I have so many fantastic ideas on my "Wish List" if I didn't have financial responsibilities. What is the point to be an honest homeowner? Where are my rewards? Although we are a dying breed, apparent in Gale's last post, I would rather die with dignity and honor. Does it sound melodramatic? Probably, but I am absolutely serious. How many people under the age of 50 feel the same way as us? Those of us who take pride in ownership. Those of us who work hard for what we have, are honest in our dealings with our fellowman, are now the minority. I feel like I identify more with the grandma's in the Nursing Home, who still save their pennies in a jar. Who patch up their husband's pants instead of buying new ones. Who can fruit and veggies for food storage, instead of eating out every night. Who prefers a smaller government to a large, over-extending hand-out government. Who doesn't buy a new t.v. or car or computer till the old one breaks. So you, I, Ethel and Viola can sip on some prune juice, while rocking in our recliners, reminiscing about the 'good ol' days'. And where do we go from here? Review Gale's post "What Can I Do?".