So, let’s start by talking about a call I got from Countrywide Mortgage Corp a while back.
My family has been one of millions who has suffered from job loss and the pressures of the economy. While we have had problems keeping up to date on our bills, for close to three years we’ve managed to keep the hounds at bay. A little over a year ago we were behind three house payments. Just three, not billions of dollars, or anything like that. Just three house payments. Now, on to the phone call.
Mr. Countrywide representative felt the need to tell me that I was an “irresponsible adult and an irresponsible mother” to allow my credit rating to be affected by NOT paying mortgage payments that I didn’t have the money to pay. He goes on to argue with me about my ability to “pay my truck off” when I couldn’t make my house payment. Funny that really. My truck got paid off via a refinance with cash out to pay it off. Obviously they wouldn’t have refinanced my home if I was delinquent on payments soooooo he’s accusing me of the most awful thing possible, being a bad mother, while he doesn’t even have his facts straight. Rest assured, I took care of that little issue. Over the course of the next twenty minutes or so, he alluded to quite a few other slurs that had even my 15 year old daughter at the time, livid.
Sooooo, a year later, and the mortage companies, financial institutions, etc. do what? They go crying to the government. Why? Oh let’s see, they can’t pay their bills? Are they ALL bad parents? Are they all irresponsible adults?
NOW, let’s look at it after big business and the goverment climbed in bed together shall we?
Mortgage companies get enough money in bailouts to pay off EVERY SINGLE mortgage in America.
Where is the money? Last I checked I haven’t seen it. I looked, trust me. It’s not in my bank account.
I’m not even going into the bonuses that have been recorded or the profits that are guess what people? Public record. How can a company who is facing bankruptcy one quarter post a profit the next? You tell me. It’s not a stretch.
Now, my take on this…..be prepared, it’s a little out there.
Washington? How would it have worked if instead of giving those companies a great big lunch bag of money, you’d have actually PAID OFF those mortgages that people like me and oh the 30% of people who suffered foreclosure in January alone? How would that have worked. Well, the mortgage companies would STILL have gotten their money and the American public would have been able to actually HAVE enough money to invest in the miserable economy. Things like utilities and food and prescription medicine to start with, and maybe even buy a new pair of shoes now and then.
I just don’t get it, I really don’t. Politics is one thing, but come on, does it really make you completely unable to think rationally. Are the people we put in Washington SO above us, so out of the loop that they have NO idea what their constituents are going through day after day? I think back to the gas prices of not so long ago, gas prices that everyone is saying are due to the astronomical prices of oil by the oil producing countries.
Why then, are Exxon and Mobil and every other petroleum company posting RECORD profits.
Maybe I’m just a silly irresponsible adult, but I’m thinking the problem here isn’t with the average American citizen. I pay late payments on overdue bills, penalties for overdrafting my account, and reconnect fees if I let my stuff get cut off, but the American government, as much as I love my country, has figured out a way to throw money away by the bagful when operating at a record high national deficit. Someone please explain that to me, because I could sure use a financial plan like that one.
Rylie's Rants n' Raves 