Tuesday, January 4, 2011

The U.S. Government may be using HAMP to swindle homeowners out of their homes.

Above may be an example of a violation of the Federal Hobbs Act, the extortion clause. The U.S. government has set up a TAXPAYER FUNDED program called Home Affordable Mortgage Protection (HAMP) that PENALIZES taxpayers before they can even become eligible to apply for HAMP.

Before a homeowner is eligible to apply for HAMP, they must first fall 2-4 mortgage payments behind. At this point, Parallel Foreclosure has already commenced in which foreclosure paperwork is BEING PREPARED even before the homeowner is eligible to apply for HAMP.

But it's worse than that.

Once the HAMP application is filled out, the HAMP applicants credit score is ambushed and lowered. BEFORE the HAMP applicant has even finished the initial set of trial payments, the banksters are processing foreclosure paperwork on the homeowner's home and the homeowners credit rating has been trashed as well.

But it's worse than that.

The reduced payments offered to the homeowner during the HAMP trial period suddenly become a mirage and revert back to the regular payment amount if HAMP is denied. The homeowner is also retroactively penalized and must pay the difference between the original mortgage amount and the HAMP amount for every month they were on the HAMP trial!

But it's worse than that.

The desire by the mortgage servicers to deny HAMP looms in the background because the mortgage servicers get to assess penalties and fees for ALL of the reduced HAMP trial payment months, and the servicers get paid first once the home is repossessed and resold.

But it's worse than that.

Fees are also assessed against the foreclosed upon homeowner related to the RE-SELLING of the foreclosed home!

But it's worse than that.

The homeowners faith in the HAMP program ultimately leads to having less options and less time available to figure out what to do if they are incapacitated by a HAMP denial. You see, the banks have been accused of losing paperwork, forcing homeowners to file and refile and refile the same paperwork, then having to start over if they don't fit the filing with a very specific time frame.

A sadist could not design a more criminal program, and the commercial above tops it all off.

So, who will stop this madness?

The dumbocrats, who just want to keep their congressional seat and will just go along with the White House?

The Republicants? Well, not the republicants that never met a bankster they did not like and who are willing to trade social security for more military expenditures.

Ralph Nader? I think Ralph Nader is afraid.

That leaves third party political parties. Nope, the temptation to use HAMP to promote one's own party's values will be difficult to overcome.

A consortium of third party political parties, could they band together and make noise about HAMP???? (you tell me).

This probably leaves the 50 attorney's generals as the best choice to stop this nonsense and prosecute the offenders.

Can't third party political parties just "get along" and make a difference before main street is completely decimated?

Monday, January 3, 2011

Republican Hypocrisy - Trading Social Security for Military Spending.

Many many years ago on another site I said that for every dollar the United States spends on anything to do with the military, they should spend another dollar on renewable energy that does not include nuclear or coal. Instead, our republican friends want to subtract a dollar from social security for every dollar they spend on the military.

Solar Energy can work. Hardened solar plastics could be used to make lightweight automobiles that could recharge themselves over a two day cycle. The lightened cars (with the fewer batteries needed to run them but which would still weigh down the car in high wind situations) would need much less power to run. The hardened solar plastic exteriors would continually be recharging. These hardened plastic cars would be sold in pairs, so the owners can alternate their usage, thus doubling their recharge time for a car that is much lighter.

The petroleum being wasted in heavier cars as fuel could actually be used to make the hardened solar plastics for cars that would then run on solar. Even if the charging fell short, the much lighter car would still need less of a charge from the grid. These much lighter cars might even run off of 12 volt instead of 24 volt technology as well.

More hydroelectric energy is needed. A classic example exists in the middle of our own country called the Mississippi River. We could do some amazing things with the Mississippi River that could prevent flooding along the banks, create hydroelectric energy, and possibly create a new potting industry called Mississippi mud, and put a lot of people to work making it happen.

By dredging the bottom of the mississippi river the chance of flooding would be reduced, hydroelectric energy would reduce dependence on non-renewable resources, and the mud at the bottom of the mississippi that would be dredged up could be sold as potting soil.

Wind energy is still in its infancy. I don't believe the ideal wind energy design has been invented yet. If we can't afford to spend dollar for dollar between the military and renewable energy, the world won't be able to sustain all the petroleum that will remain in demand even as we spend more money fighting for a diminishing return.