My Weblog

THANK YOU WANDA SYKES

I HOPE THAT ALL HIGH PROFILE LESBIANS WILL COME OUT OF THE CLOSET AND REALIZE WHO THEY ARE AND HOW IMPORTANT IT IS TO SUPPORT THIS  CAUSE.  ROBIN ROBERTS ON GOOD MORNING AMERICA HAS BEEN AN ADVOCATE FOR BREAST CANCER AND SO MANY LESBIANS SUFFER FROM THE DISEASE.  WOULDN'T IT BE NICE IF SHE CAME OUT AT THIS TIME DURING SO MANY IMPORTANT GAY, LESBIAN, AND TRANSGENDER ISSUES AND GAVE HER SUPPORT?  I THINK THAT THERE ARE SEVERAL LESBIAN TALK SHOW HOSTS ON TV THAT COULD MAKE A DIFFERENCE.  LET ME KNOW WHAT YOU THINK AND WHO THEY ARE?   LADIES IT'S TIME TO COME OUT!

TV IS CHANGING IN 2009

YOUR TV SIGNAL WILL BE SWITCHING TO DIGITAL AFTER FEBRUARY 17, 2009, AND MOST OF THE OLD ANALOG SIGNALS WILL BE GONE AND MOST OF THE STATIONS YOU WATCH WILL USE ONLY THE NEW DIGITAL SIGNALS.  IF ALL OF YOUR TV'S ARE HOOKED UP TO CABLE OR SATELLITE YOU WILL CONTINUE TO GET YOUR TV RECEPTION AFTER THE SWITCH.  BE SURE TO CHECK WITH YOUR CABLE OR SSATELLITE COMPANY.  IF YOU HAVE AN ANALOG TV WITH A ROOF TOP ANTENNA OR RABBIT EARS YOU WILL NOT BE ABLE TO WATCH MOST TV STATIONS FOLLOWING FEBRUARY 17, 2009 AND YOU MUST HAVE A CONVERTER BOX.  IF YOU WANT TO GET FREE TV THEN YOU WILL NEED THE CONVERTER BOX WILLATTACH TO YOUR TV.  YOU CAN BUY A CONVERTER BOX AT A RETAIL STORE AND THE BOXES WILL COST APPROXIMATELY FROM $40.00-$70.00.  YOU CAN GET A MAXIMUM OF TWO COUPONS FROM THE GOVERNMENT THAT WILL HELP YOU PAY FOR UP TO TWO BOXES.  CALL THESE NUMBERS FOR MORE INFORMATION ABOUT THE TRANSITION: 1-888-225-5322 ON GO ON THE INTERNET TO WWW.DTV.GOV  AND FOR MORE INFORMATION ABOUT CONVERTER AND COUPONS CALL 1-888-388-2009 OR GO TO WWW.DTV2009.COM  WRITETOFIGHT IS DEDICATED TO HELPING CONSUMERS AND WE HOPE THIS HELPS.  THANKS.

LET'S NOT FORGET PART 2

The chairman of Georgia State University's real estate department, Julian Diaz III defined the difference between predatory loans and sub prime loans.  Suprime loans were made to borrowers who didn't qualify for standard or prime loans.  They had the abiliity to repay, but had to pay higher interest rates to account for greater risk.  A predatory loan was a deceptive loan that the lender used to deceive borrowers and convince them to agree to loan terms that were unfair or abusive.  Another important point was the two types of private equity businesses that are buyout firms that purchases all or part of existing companies and sell them later for higher prices, some firms hold investments for years, while others flip properties for fast profits.  Venture capital firms that provide money for businesses to get off the ground, and venture capital funds cash in when one of their compaines becomes viable enough to go public or get sold. The Administrative Branch/Bush Administration and the Legislative Branch (Congress and Senate) one year later have turned the United States Treasury into  Buyout and Venture Capital firms under the disguise of the term "Bailout" a term that they want to disassociate themselves with now.  In September 2007 President Bush stated that he planned a limited intervention and that the proposal was not to help housing investors or lenders.  President Bush said," A federal bailout of lenders would only encourage a resurrence of the problem.  It's not the government's job to bail out speculators, or thoses who made the decision to buy a home they knew they could never afford."   

Let's Not Forget The Past

With all of the mortgage and financial crisis' that has occurred during this last year, one thing that you can depend on from a Politician is that he depends on the American Public to have short term memory.  Most of the time we do suffer from dementia, there has been lot of corruption in government.  We have sent people to Washington, DC to represent the people and they end up representing big business, corporations, and themselves.  For example,the mortgage crisis has been going on for years, and as I have previously said no one in the Congress, Senate, and Bush administration was interested until the financial institutions that screwed the American public started tumbling like dominoes.  I cut out articles from 2007 andI will share with you some of my findings: September 2, 2007-Dan Chapman of the Atlanta Journal Constitution(AJC) wrote, "HomeBanc Mortgage Corp. positioned itself as the Christian exemplar of "integrity" and "faith," seeking to "enrich and fulfill lives by serving each other, our customers and communities," according to its mission statement.  Meetings often opened with prayer....Christian employees appreciated the faith-based atmosphere....Fortune magazine perennially ranked Atlanta-based HomeBanc as one of the nation's top 100 companies to work for.  But the good vibes and good times crashed last month when the company filed for bankruptcy and laid off nearly all of its 1,000 employees with letter more than a goodbye, and a "good luck" and a $20.00 Publix card.  HomeBanc mortgage sold some of its mortgage loans and assets to Countrywide Financial Corp. and 400 of it's employees went to work for Countrywide Home Loans.  Last summer the Wall Street Journal warned of the "contagion effect" that could be created because "MARKETS FEAR US WOES WILL HIT GLOBAL GROWTH.  Then later Countrywide announced that it would cut 20% of its work force which added up to approximately 12,000 people.  In August 2007 investors on Wall Street were very concerned about Countrywides falling stock prices and some of the Main Street customers lined up at a branch near the corporate headquarters in Casabas as, California to ask questions and made withdrawals.  Countrywide boasted that it would survive and come out stronger."  Countrywide folded this year and Bank of America was ready! 

REALIZATION OF WHERE WE ARE ON LEHMAN/ MERILL DAY

OVER THE WEEKEND WE SAW LEHMAN BROTHERS EMPLOYEES GATHERING THEIR PERSONAL BELONGINGS AND TAKING THEM OUT OF THE BUILDING AS ONE EMPLOYEE DESCRIBED THE FESTIVITIES ON THE INSIDE AS BEER DRINKING CIGAR SMOKING GOOD TIMES.  THESE PEOPLE WERE DISRUPTED FROM THEIR NORMAL SUNDAY RITUALS, AND FOUND THEMSELVES OUT OF WORK, JUST LIKE SO MANY AMERICANS.  LEHMAN BROTHERS WILL FILE FOR CHAPTER 11 BANKRUPTCY PROTECTION IN NEW YORK, THAT WOULD MAKE IT THE LARGEST FAILED INVESTMENT BANK SINCE DREXEL BURNHAM 18 YEARS AGO.  WITHOUT GOVERNMENT BAILOUT LEHMAN BROTHERS LOOKED TO THE BRITISH BANK OF BARCLAYS.  WELL PEOPLE LET'S COME TOGETHER AND BAIL OURSELVES OUT BY REALIZING THAT WE NEED TO COME TOGETHER WITH OUT OWN FUNDS, BECAUSE WE WILL NOT BE ABLE TO GET ANY MORTGAGE LOANS ANY TIME SOON, UNLESS WE START TO BE OUR OWN SOURCE.

LET'S COME TOGETHER AND START OUR OWN CLUB TO FINANCE OUR HOME PURCHASES.  WE HAVE SEEN THE POWER OF POLITICAL CAMPAIGNS THAT HAVE RECEIVED MILLIONS OF DOLLARS FROM EVERYDAY PEOPLE.  WE CAN COME TOGETHER AND DO THIS FOR OURSELVES.  GIVE TO OURSELVES. 

KNOWLEDGE IS POWER

Foreclosure has become a major problem in the United States and has created a whole new population of homeless people.  The foreclosure process is one of the cruelest and inhuman forms of non institutional punishment in America, but no one legislator, politician, or attorney general has passed legislation to stop lenders, banks, and investors from accelerating the loan and adding an insurmountable and untenable fees that virtually create a quagmire that is overwhelming!  The day of closing on a home, whether it is a starter home or an investments property is usually remembered as one of the most important days of one's life.  The home loan process is stressful, and at it's end you are just so glad that it is over that you don't real all of the find print.  If you are moving into a new home, and you have been packing for weeks in anticipation of your new abode, you could not find one more piece of paperwork that the lender requires if your life depended on it.  While sitting at the closing table you fell like you are signing your life away. but actually you are signing your house away.  You are signing your legal right away to keep your house if you become delinquent, for whatever reason and you default on your mortgage.  Therefore, one of the most important pieces of information that you will receive from this blog is that YOUR CLOSING ATTORNEY IS A FORECLOSING ATTORNEY, AND YOUR CLOSING ATTORNEY REPRESENTS THE LENDER, NOT YOU!   KNOWLEDGE IS POWER, so know that when you shake the closing attorney's hand, who represents the lender, you are possibly shaking hands with the DEVIL!  It is quite possible and probable that in that law firm there is a section or even a separate building that uses paralegals and the closing attorney to foreclose on someone's home as quickly as she closed your home on the other side of the office.

    

writetofight

This WRITETOFIGHT WEBLOG is dedicated to anyone who has lost his or her real property for any reason.  Race doesn't matter, income doesn't matter, location doesn't matter, and profession doesn't matter.  Foreclosure can happen to anyone and it does.  Fortunately in the 21st century more and more people have had the American dream of being a home owner, but unfortunately in the 21st century more and more people are losing their homes.  So, what can we do?  We will investigate our options as we review history and begin to take matters in our own hands.  The title of this blog is self explanatory.  It is a place in the internet where we can take matters into our own hands and express and exchange ideas on how to start over after foreclosure, and it is a place where bloggers of humanity can come together, express creative ideas, offer opinions on topics of interest related to the present, past, and future.  Consider this blog, "A MEETING PLACE ON COMMON GROUND."  The mutual objective is to write and be willing to intellectually FIGHT for a cause you strongly believe in.  The internet is probably the most powerful communication tool of the 21st Century, and if the United Stated Government does not interfere by restricting our use of it, and/or taxing it, then it's power will sustain our opinionated voices for years to come. WRITETOFIGHT was originally created in 1998 as a consumer advocacy email address, and it is still the same today.  Let's explore or options as we think and give feedback to each other.  I have many topics that I hope to explore with you, but I want to start with the cruel exposure to the victims of the foreclosure process.