The Economy's Tragic Consequences: Murder-Suicide in Foreclosed Home

You actually wrote something close to where the country is Bob. You might actually consider whether the p-diddy-rez even cares. He is constantly on vacation while letting Harry and Nance push his agenda for controlling the American people. There are many of us out here in the flyover states that believe he is ready to flush the entreprenuers and the white middle class in exchange for curing inequalities, as he sees them. One in six middle class is out of work. One in six morgages are delinquent. 20% of all houses are underwater with more entering that every day. Small business bankruptcy is going to accelerate. The next shoe is dropping, retail business mortgages. Do you see why some of us think Cap and Tax, health care, cash for clunkers and the pork in the stimulus is Bull-s--t, government takeover of the Banks, auto industry and finance. This guy has an agenda coming from a community organizer's perspective. He is inequipped to run this country and why should he be? He never has done anything except run for office. This prez is a racist, america is bad, socialist. He must pinch himself everyday as he trollops from vacation to vacation, to believe the American people gave him this gig. Rahm said it best "A crises is to good to waste" should be "I'll lay waste to get my agenda".

How's that hope and change working for ya! By not taking care of the foreclosure situation, many more of these types of things will happen. Despare! Is this part of the health plan. Less to cover if we all off ourselves.

Good! The more people that suffer and lose their homes, jobs, lives, the better for us! They'll sell out and we'll pick up everything for pennies on the dollar, break the unions and middle class, and their children(if they survive) will be happy to beg for the crumbs we might toss down and pay us rent for their box on the sidewalk. We're the banksters! Our media boys have them all bamboozled and thinking there's hope! Killing themselves instead of stringing us off a lampost! Anyway with the 911 fraud and Patriot Act,NSA spying, DIA, CIA, FBI, FEMA,TSA, Homeland Security we should be able to nip any people who get wise quickly to keep that from happening. Heck we have Communist Chinese working for nothing and Americans all over the globe to enforce our global financial "order".
The Banksters.(Don't ask us for a loan! We just stole over 24 trillion but it isn't a good time to lend, the "economy" sucks)

Another Democrat gets his A** handed to him at a townhall meeting..

video...cool
http://wadesayswhat.wordpress.com/2009/08/23/marine-corps-veteran-aka-brown-shirt-nazi-rips-u-s-congressman-brian-baird-a-new-hiney-hole/

It is the poor who habitually elect Democrats---yet they are still POOR

- You cannot help the poor by destroying the rich.
- You cannot strengthen the weak by weakening the strong.
- You cannot bring about prosperity by discouraging thrift.
- You cannot lift the wage earner up by pulling the wage payer down.
- You cannot further the brotherhood of man by inciting class hatred.
- You cannot build character and courage by taking away people's initiative and independence.
- You cannot help people permanently by doing for them what they could, and should, do for themselves.

- Abraham Lincoln

jhinds6056
sadams8174

Still trying to blame Obama for the mess Bush left behind I see. You'll have to shoulder your part of it too if you voted republican.

Wad! Glad to see that you and all the other azzclowns are still spreading good news and cheer! So...two people whack themselves, because their home has been in foreclosure for at least six months, and its President Obama's fault? Boy...that one went right over my head. I don't suppose it ever occured to them, that they could just walk away from the home, rent an apartment, and let the bank have that pile of rocks? These people were obviously mentally ill. I don't see people sleeping on park benches killing themselves...and yet, these middle class morons...and yes, I said it...morons, couldn't bear to part with a lifestyle they thought they deserved? Give me a break.

jhinds6056: Sorry..I missed the part about how this is President Obama's fault, when morons like you stood around with one thumb up your azzes, and one in your mouths, cheering on Bush II, while he was skullf$%#ing the whole country.

Sadly, 70% of the homes sold in 2005 were sold with 5 year arms, not the 2 and 3 year arms that have been the problem to date. These 5 yer arms will be resetting in 2010. The foreclosures to date have only be the easiest 30% to handle. 2010 is the killer year of all financial killers when nearly 50% of all homes will be underwater and the piper will want his due in spades. You haven't seen anything yet.

I think this is a shame. And, I think the people on here, who are so callous as to applaud this couples passing are even more shameful. That is what is wrong with American people, no one gives a crap about anyone or anything except the all mighty dollar that lines their pocket books, and what they can by scavenging the remains of what others have lost. I feel sorry for people who make comments indicating that this world is better off without these people. Obviously they are the ones who have never struggled financially, while working 2 jobs, or have never lost their entire family to medical problems or illnesses. This couple, is not the first or the last in what is a "symptom" of the financial meltdown that is affecting, middle class and hard working people. I thinks it is a terrible shame what is happening to the middle class, while the upper class ridicules them.

It will get worse, before it gets better... Most of what is coming from Washington are lies. Get rid of Barney Frank, Nancy Pelosi, and Harry Reid in 2010, and Obama in 2012. We need change, but not Obama's change...

Foreclosures are the result of years of banking deregulation. It was Republican generated, and republican conceived. Without the Gramm Leach Bliley Act and the Commodities Futures Modernization Act, and republicanist deregulation of lenders not to mention non enforcement of the Clayton and Sherman acts since Reagan, we wouldn't have had a housing bubble.

It took about 30 years to cause us to backslide this far, but this is and continues to be the most sweeping changes and reform since the last depression.

All off your radar, of course, and that's for the better. I bet you'd HATE the ledbetter act if you'd ever heard of it, for example.

Did it ever occur to you that some people kill themselves? Yes, they do, and that is just the way it goes. This story is so typical of a liberal journalist. If the government had done it's job, by not creating a welfare state this might not have happened. For over 70 years the United States has been walking right into this. We Americans are the dumbest of the dumb, yet we are suppose to be the most well educated lot in the world. How could we have allowed our representatives take us on this ride? I'll tell you, we sat on our butts and did nothing, said nothing and learned to like the fact that our government would take care of us like little children. We allowed illegals, and too much immigration to infiltrate this country. We allowed an over zealous government to bail out corporations and take them over, we allowed the government to take over the media, we allowed government to take over educating our children, we allowed government to handle health care. Is it any wonder that this happened. Our economic system is collapsing and we still want the government to fix it. How pitiful! Our Constitution has become nothing more than a set of guidelines to be manipulated at will by elected officials so hungry for power that they have been successful at lying to the public who elected them, because the general public doesn't know what the Constitution says or what it means anymore! It is a joke when I read in these forums, statements like, "I feel sorry for people who make comments indicating that this world is better off without these people. Obviously they are the ones who have never struggled financially, while working 2 jobs, or have never lost their entire family to medical problems or illnesses. This couple, is not the first or the last in what is a "symptom" of the financial meltdown that is affecting, middle class and hard working people. I thinks it is a terrible shame what is happening to the middle class, while the upper class ridicules them." How naive and silly a statement. We don't know the whole story. While it is terrible that suicide was their choice, it is not our fault. The middle class has let itself down. Saying you are working hard and doing all the right things is easy, doing the right thing is quite another. No one kills themself if they are doing the right things in life. Doing the responsible thing, namely voting for the right people to represent you would be a start. Beware of politicians bearing gifts, they always disappoint. It has nothing to do with being wealthy. To get wealthy, you have to work hard. To stay wealthy, you have to be smart. If you don't want to be wealthy you don't have to be, but don't complain about it and certainly don't blame the wealthy for this suicide. It has been the wealthy who have paid their fair share of revenues to this government who is so eager to take it and then ridicule them. What a sham.

moderate
4:20PM Aug 24th 2009
You are absolutly correct. You did forget the repeal of glass-steagull. Gingrich was responsible for the repeal in 1999 and he wrote the commodities modernization act and had it pass in 2000. His side kick was lugar, cheering and co-sponsoring both debacles.

xxx

I had thought GLB constructively repealed it, overrode it. In any case I knew about Glass Steagall II, even if most apologists for supply side thinking probably don't. thank you for bringing it up.

Someone wrote a brilliant post finishing with the statement 'this doesn't even resemble capitalism'. That's a paraphrase, but it was a great read and an unassailable inventory of destructive banking behavior. I've been trying to find it again.

Funny how conservatives want it both ways -- they don't believe in the government getting involved to help out struggling homeowners, yet they blame the Obama administration (who put a program in place to help homeowners refinance) for a tragic situation like this. I would say shame on them but one can tell from the unfeeling posts on here the usual suspects just want to trash the current administration, caring not one bit for this couple's desperation.

It is very sad when the president is on another vacation and people are experiencing these terrible situations. Obama just does not care. The Obama Administration is more interested in comforting terrorists and persecuting the CIA. Eric Holder blesses the black panthers who terrorized innocent voters but wants to beat a dead horse with the Bush Administration. Every single employee of the CIA should just walk off the job! Let Holder take care of security.

The Obama Administration is a pathetic joke!