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		<title>Shitheadery</title>
		<description><![CDATA[Shitheadery. Political and social commentary about the insanity of the world today.]]></description>
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			<title>Shitheadery</title>
			<link>http://www.shitheadery.com/</link>
			<description>Shitheadery. Political and social commentary about the insanity of the world today.</description>
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			<title>John Bircher Idiocracy</title>
			<link>http://www.shitheadery.com/Shenanigans/john-bircher-idiocracy/</link>
			<description><![CDATA[<p><img style="margin: 5px; float: left;" alt="Glenn Beck, Batshit Lunatic and John Bircher. But I repeat myself." src="http://lynnrockets.files.wordpress.com/2009/09/beckbat-insane.jpg" height="114" width="171" /></p>
<p>The  return of paranoid politics in the 21st Century has three main   charismatic figures: Glenn Beck, Sarah Palin, and the Cheneys. It kills   me how <strong>Teh Librul Media™</strong> doesn't recognize this common thread.  It  infuriates me to watch them get airtime and attention. Their  opinions  are loaded with fail and completely devoid of fact. If they  were a  football team they'd be the Detroit Lions, only without the  pathos. And  what self-respecting sportscaster would want to interview  so much fail?</p>
<p>Think  about it: they're pushing for America to go back and retry the  whole  Bush administration formula. Their entire historical narrative is a lunatic  revisionism.  Beck calls Theodore Roosevelt, who tripled the size of the  US Navy in a  bid for global economic dominion, a "weird progressive"  because he was a  <em>(horrors!)</em> trust-buster. Y'know, like  Eisenhower.</p>

<p>Speaking  of Dwight D., there's something...familiar about the tone  of all this  paranoid rhetoric. There is, in fact, an organization  devoted to  spreading exactly this kind of bullshit to as many feeble  minds as  possible, and it's the one that called a Republican president  and war  hero "communist." Which brings me to my newest video creation:</p>
<p>KNCybVtPMjg</p>
<p>Go <a href="http://www.salon.com/news/politics/war_room/2009/03/17/beck/" target="_blank">here</a>,  <a href="http://littlegreenfootballs.com/article/33312_About_Glenn_Becks_Extremist_Rhetoric_Part_2" target="_blank">here</a>,  or <a href="http://thinkprogress.org/2007/07/26/beck-john-birch-society-makes-more-and-more-sense/" target="_blank">here</a> for more about Beck's Bircher connections. The  John Birch Society  denies that Sarah Palin actually reads their  literature, but confirms <a href="http://www.jbs.org/jbs-news-feed/2995" target="_blank">it's  their literature  she's reading</a>:</p>
<blockquote>
<p>Does  this show some type of connection between JBS and  Palin? It does  not  connect her to The John Birch Society any more than  a copy of the New   York Times sitting on her desk would connect her to  the New York   Times Company. The photo is a symbol of the organized  strength of a   successful grassroots campaign to protect the U.S.  Constitution from   calls for a modern-day Constitutional Convention  (con-con) that could   potentially revise or completely rewrite the  Constitution.</p>
</blockquote>
<p>That's  the JBS in a nutty nutshell -- nuttier than pecan pistachio  peanut-butter  sandwich with extra cashews. JBS materials are not as  common as copies  of the <em>Times</em> by any stretch of the imagination; Birchers organize in secretive  cells of true  believers and share the "special knowledge" of John  Bircherism. Those JBS materials mean Palin hangs out with people who think Eisenhower was a communist.</p>
<p>No one is  calling for a Constitutional convention either --  that's a straw man  the JBS erected themselves. But the Eisenhower connection comes full circle when you realize that The Republican party of 1956 had a platform of  environmentalism, was pro-labor, and based  its foreign policy on support of the United Nations and international  cooperation.</p>
<p>Eisenhower called Americans to civil service and built the  nation's infrastructure to spur economic development. Sound familiar?<br /><br />Eight years  later, the intelligentsia of the conservative movement (led by William  F. Buckley) repudiated the John Birch Society over the insane lies it  was propagating. Birchers had called General Eisenhower a "communist" --  along with Martin Luther King and John F. Kennedy; had labeled public  health efforts "mind control;" and written apologetics for slavery. They  saw "socialism" everywhere.<br /><br />The end of America's conservative  era finds a once-awesome conservative intelligentsia bankrupt of ideas  because their ideas have nearly destroyed the country. Stepping into the  vacuum, the John Birch Society "informs" the tea parties with all  manner of tinfoil-hattery and co-sponsored the Conservative  Political Action Committee (CPAC) meeting in Washington, DC last month.<br /><br />Why?  Because a new president has a platform of environmentalism and  anti-trust enforcement, is pro-labor and bases his foregn policy on  support of the United Nations and international cooperation. He calls  Americans to civil service and builds the nation's infrastructure to  spur economic development.<br /><br />The Birchers call it "socialism" and  "communism" because they always have, no matter who is in charge. The  president's newness and strange name are just icing on the cake of  paranoid delusion. They mean to form a permanent revolution that is  really, really ugly -- and if they gain any actual power, they plan to install a system of government grounded in that paranoid universe.</p>
<p>For her part, Liz  Cheney seems to have gone too far by attacking  Justice Department  lawyers, but I guarantee you will see her again --  and it's unlikely  anyone will ask her about Ken Starr's opinion. It's  as if Tailgunner Joe  had a daughter and no one wanted to ask her about  her dad's  ever-growing, never-revealed list of communists in  government.</p>
<p>There is a reason Murdoch is willing to take a loss on Beck (and, I predict, on Palin). The dumbest hour on television is AM talk radio mainstreamed onto your television for the same reason Texas takes Ted Kennedy out of its textbooks: they want us stupid enough to fall for another idiot like Dick Cheney.</p>]]></description>
			<author>Matt Osborne</author>
			<pubDate>Sun, 14 Mar 2010 10:44:50 +0000</pubDate>
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			<title>American Advocate to Fight the Stupid F**ks of Congress</title>
			<link>http://www.shitheadery.com/Congress/american-advocate-to-fight-the-stupid-fks-of-congress/</link>
			<description><![CDATA[<p>To the Esteemed Members of Congress:<br /><br />I write to you today in regards to your blatant disregard to the American People who voted your pathetic and otherwise useless asses into the comfortable positions that you have held for way too long.</p>
<p>For the past year I have watched each of you yapping your lying mouths all over the local and national news outlets and to be quite honest, I have vomited in my mouth to many times to count.  Three different times I choked on my beer and at one point I thought it was going to come out my nostrils, which mind you, burns like a son of a bitch.</p>
<p>Did it occur to any of you sitting up there on Capitol Hill that the American People have had just about enough of your stupid bullshit laddened speeches about Health Care, HAMP and the two wars that are going absolutely nowhere?  About how you intend to help Main Street when in fact, the only thing you are concerned about is Wall Street and continuing to line your own pockets and saving your job, which I might also add, will be on the line come next election.</p>
<p>Here’s the thing: I don’t really give two shits if you’re a Republican or a Democrat.  Far as I can see, you’re all a bunch of stupid f**ks who probably couldn’t find your own asses if someone drew a detailed map for you. But I’m sure you have no problems finding your Bank and your accounts to see if that the check you’ve received from all the lobbyists has cleared.</p>
<p>I just wanted to let you know that I personally am starting my own lobbyist division and will be recruiting other Americans who feel the same way as I do.  The difference with my division is this to put it quite simply so that your f**ked up heads may understand it, we will be lobbying against you and when I say you, I mean all of you.  My dog has bigger balls then all of you up there and he’s just a regular pound puppy.  Seriously, do you ever get tired of telling the same lies just on different days.</p>
<p>Also, that whole loan modification program, which might I say was seriously well crafted by the weasely bastard Geither that you all revere so much still has not help nearly the amount of folks that you claim it has.  By the way, tell Mr. Bernake to suck my ass while you’re at it too cause I’d sure hate to leave anyone out.</p>
<p>Congress, your all a bunch of lying ass pukes whom I truly hope in the coming months are voted out of your nice little positions.  Hell, I’d be happy to see Mary Fargin’ Poppins in office or even Homer Simpson for that matter.  I’d run but unfortunately for me I have small children that require me to be home raising them in this f**ked up mess of an economy. It’s a good thing they like potatoes because it’s pretty much all we can afford these days.  If I’m lucky enough to shoot a squirrel in the back yard later this week we may have stew.</p>
<p>Thank you so much for screwing up my life and that of my friends and family.  Thanks for running the country straight into the ground.  Thanks for being a bunch of dim witted idiots who are so out of touch with the reality of the American People.</p>
<p>Now would be the time I’d tell you all to suck my penis if I had one. Which if I could afford it, I’d have a sex change and then trot my happy ass up there on Capitol Hill and piss all over it and then tell you to suck my surgically enhanced penis.</p>
<p>Oh and by the way, when I gave you the finger the other day when you were in my city I wasn’t telling you I thought you were number one.  In case you didn’t know it that was the universal sign for F**K YOU.</p>
<p>Thank you for taking the time to read this and I really do look forward to a response from any of your lame asses.  Oh and the glory of this letter is, freedom of speech unless you stupid f**ks have changed that in the Constitution as well.</p>
<p>Sincerely and with Best Regards,<br />Teresa Beougher<br />American Advocate to Fight the Stupid F**ks of Congress</p>]]></description>
			<author>booggs28</author>
			<pubDate>Tue, 16 Feb 2010 21:35:49 +0000</pubDate>
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			<title>Yeah, I Said It....</title>
			<link>http://www.shitheadery.com/Shenanigans/yeah-i-said-it/</link>
			<description><![CDATA[<p><img style="margin: 7px; float: left;" src="/images/stories/writers/shocked.jpg" alt="shocked" width="141" height="141" />I'm not into the doom and gloom per say, however, due to the economic instability these days and the fact the internet affords me the opportunity to look up stuff I would have otherwise over looked as it didn't pertain to my daily life or that of those around me or connected to me since times have changed and we are living now in a false sense of recovery as perpetuated by the mass media, it prompted me to just scan the net to see what or if there were some sort of  pending predictions of what 2010 will hold for Americans.</p>
<p>And to my delight, I’ve found Gerald Celente.  You ask who Gerald Celente is?</p>

<p>He's the President of Trend Research Institute and he's been predicting future events that have impacted our lives for the last 3 decades.  It would behoove anyone reading this article to perhaps take a few moments to visit Mr. Celente's website and see how accurate he's been in his predictions.  Not to mention he has been touted by CBS, MSBC and Oprah for his ability to predict future trends.  When you have Oprah backing you, now that's some serious shit.  Yes, I am being a smartass thank you very much.</p>
<p>Now, normally I wouldn't "push" what some may call crystal ball nonsense, but, let me say, Mr. Celente has been mighty damn accurate in his predications and if what he says for 2010 into 2012 is a "possibility" then again I say, it would behoove the reader to take into considerations of what not acting on his predictions will mean for his/her ability to navigate a life that we've not seen before.  In the end, let's say some of the following things don't transpire all the time and effort that you put into researching and planning will not be for nothing.  You may very well learn that you can live with less money, less debt and more freedom than before.  Or you could learn absolutely nothing and end up right back in the same place you are today.</p>
<p>Let's just take a look at what Mr. Celente's is predicting or rather what the top trends will be for 2010:</p>
<p>The Collapse of 2010 - It would "appear" by Wall Street and mainstream media's perception that we are on the road to recovery.  At least that's what we keep being fed by all reports.  However, unemployment is still at 10% and that's if you really want to believe that percentage, Wall Street is making money like always, Goldman Sach's is reporting profits again, yada, yada, yada, yet foreclosures are on the rise, unemployment/under employment is still a huge problem whether anyone wants to report to truth or not and the commercial real estate bubble is getting ready to pop as well.  Also, when MA elects a Republican after over 40 years of being a blue state, you just have to go, WTF????  Not that I care whether MA is blue, red or purple for that  matter, both parties suck in my humble opinion, so technically from where I sit who the hell cares??</p>
<p><br />Terrorism 101- It would appear that the growing Anti-American sentiment around the world in regards to our presence in Afghanistan and Iraq perhaps will lead to another 9/11 yet on a much larger scale.  With the Underwear Bomber and the Fort Hood Tragedy it would seem that we need to be looking in our "OWN" backyard instead of tromping around where we are clearly not wanted fighting for something that still eludes me and the majority of Americans not to mention wanting to pledge millions more to these foreign Wars, when we cannot even fight the battles on our home front.</p>
<p>I could cover the rest of Mr. Celente's future trends, yet, I feel that it's necessary for the reader to take a look at his website, <a href="http://www.trendsresearch.com">www.trendsresearch.com</a> and judge for yourself his accuracy over 3 decades.</p>
<p>The question now is how angry are you?  Is it time to stop pointing fingers at the standing political parties since both clearly do not and have not had the American peoples’ best interest at heart for many years?  Will Americans start taking some responsibility for their part in this screwed up society, and when I say their part, you voted for the bastards because you believed that they were actually going to do what they said they were, or you might be one of the thousands that bought a house you damn well knew you couldn't afford so own it and move on, and you could also be one of the thousands that's still living off the welfare system because its just to damn easy to keep on that cycle.</p>
<p>I know I'm taking my part of the responsibility for the situation me and my family are in and for my part of voting for politicians that were just damn good liars and because I was to ignorant and lazy to do my homework before I pressed that button the voting machine.  I have no one to blame but myself and my lack of knowledge in many areas of politics, finances and our economic standings.  I know more now in the last year than I have in over 25 years and for that I am ashamed.</p>
<p>And if I offend anyone I don't really give a shit anymore, because I've got nothing to lose.  There's going to be allot more people like me except for one difference, I'm doing my rants via the internet, these folks are going to be doing it on the streets and when you have nothing more to lose then it's on.</p>
<p>Today, however, I am empowered with the knowledge of what is going on.  I am no longer sitting on the side lines waiting for my congressman or senator to step up and do what's right.  I am fighting back, one article at a time and yeah, maybe it's not reaching the masses yet, but I have faith and I am resilient and I'm not giving up, I'm not backing down and to hell with being politically correct.</p>
<p>When I see that our Government pledges millions of dollars for relief effort in Haiti that clearly we do not have to pledge it pisses me off and before you start bashing me for that statement, I’m not against helping, yet when you can’t even help those in your own backyard, well there’s a problem.  When I see that our Government wants to spend billions more on two wars that are going nowhere it pisses me off.</p>
<p>When I read article after article of it’s the Republicans fault, we inherited this disaster and the likes, well, yeah you got it, and it pisses me off.  When I read that the Democrats are trying to save the economy and that the Fed and the Treasury saved us from total economic collapse, which really pisses me off.  The farce congressional hearings over the banksters and their fraudulent bullshit is a joke, the feel good HAMP programs that isn't benefiting anyone except those few lucky ones is a joke.</p>
<p>Oh and let’s not forget all of the self-centered I'm better than you and honk if I'm paying your mortgage pissy ass whiners out there who piss me off. Here's an update for you: not everyone who's asked for assistance and really want to keep their homes and have every intention of making good on the contract they signed that were legitimate is a low-life, deadbeat, living off the Government piece of shit you want to tout that they are.  Their just like you, they've paid their taxes, they've go to their jobs every damn day and they've fallen on hard times like everyone other tax paying citizen  and all they want is a bit of a reprieve until things turn around.</p>
<p>So how's about you getting of your high and might ass soapbox and take a look around you if your capable of pulling that plank out of your eye.</p>
<p>My dad always said and still does, "I don't mind helping any of my kids out in hard times as long as I see that they are working and doing everything they can to help themselves."   Maybe some of you could take my dad's attitude and use it to help someone else, or maybe you can just keep sitting up there on your pedestal and pass some more self righteous judgment and when the day comes when and if your standing at those pearly gates, you can explain to the man upstairs why you didn't reach out to your neighbors in their time of need.  And if I’m lucky to be standing there hoping for forgiveness for my potty mouth kiss my ass attitude I hope that he'll understand that everything I’ve said, I meant with love and if not, I’ll be the receptionist in hell welcoming you in.</p>
<p>So, in closing, I'm pretty sure I’m going to get blasted for this article and guess what, I don't give a shit.  That's the beauty of free speech.  You don't have to like what I say, you don't have to agree with it and you can slam me for days, but, when today comes to an end and I lay down to sleep, the only thing that will affect it is, if one of the babies wakes up in the middle of the night or if the husband's snoring is too loud.  Outside of that, I'm good.  And I said what I mean, I mean what I say and I am helping where I can what the hell are you doing?</p>]]></description>
			<author>Booggs28</author>
			<pubDate>Fri, 22 Jan 2010 10:00:00 +0000</pubDate>
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			<title>Our Controversial Times: Keeping Up With Sarah Palin</title>
			<link>http://www.shitheadery.com/Right-Wing/our-controversial-times-keeping-up-with-sarah-palin/</link>
			<description><![CDATA[<a class="jcepopup icon-right" target="_blank" title="Runner Palin Cover" href="/images/stories/writers/YRG/Palincover.jpg"><img style="margin: 5px; float: right;" alt="Palincover" src="/images/stories/writers/YRG/thumbnails/thumb_Palincover.jpg" height="200" width="150" /></a>
<p>Rather than spend too much time analysing the current kerfuffle over Newsweek's stolen Runner's World photo of Sarah Palin splashed across their cover, I wonder if this is just another example of using controversy to sell magazines. Below, a list of links to catch you up and perhaps make a point.</p>
<strong>Newsweek Nov 2009 Palin cover </strong> 
<ul class="ul_bullet_small">
<li><a href="http://blog.newsweek.com/blogs/thegaggle/archive/2009/11/17/official-statement-on-newsweek-s-sarah-palin-cover.aspx">Newsweek's official statement</a>. In response, Newsweek's editor feigns innocence and "gender neutrality", whatever that means, but really, they're looking to sell magazines. Previously, <a href="http://www.washingtoncitypaper.com/blogs/sexist/2008/10/09/sarah-palin-lip-hairs-and-all/">Newsweek used an extreme closeup of Palin's face</a>, un-retouched. How many other controversial covers will we see in the future? It brings to mind the <a href="http://www.newyorker.com/magazine/toc/2008/07/21/toc_20080714">Barack/Michelle Obama fist bump cartoon</a> on the cover of the New Yorker, which sold out the rag last summer. A larger perspective could include <a href="http://www.huffingtonpost.com/2009/02/18/new-york-post-chimp-carto_n_167841.html">Sean Delona's New York Post cartoon of the monkey getting shot by cops that was compared to Obama</a> back in February of this year.</li>
<li>Palin <a href="http://www.facebook.com/profile.php?id=675231837&amp;ref=pymk#/notes/sarah-palin/newsweek/175955933434">posted her denouncement</a> of the "out of context" photo on her Facebook page.</li>
<li><a href="http://news.yahoo.com/s/ynews/20091117/pl_ynews/ynews_pl984">Yahoo News ran a story about the hullabaloo</a>.</li>
<li>Newsweek ran two editorials. Evan Thomas's can be summarized as "<a href="http://www.newsweek.com/id/222786">Palin's Populist Campaign</a>."</li>
<li>Christopher Hitchens's could be called "<a href="http://www.newsweek.com/id/222794">Deconstructing Sarah</a>."</li>
<li><a href="http://www.onpointradio.org/2009/11/sarah-palins-future">On Point had a good discussion about Palin's chance to remake herself</a>. One guest warned that if Palin focuses on controversy and stirring the pot as opposed to solid policy points, she'll fade quicker than a one-hit wonder, to paraphrase. I'd say that it's more of a sign of our times that if you are not controversial, you are not newsworthy.</li>
<li><a href="http://www.runnersworld.com/photo/sarahpalin/home.html">Runner's World repudiated any involvement</a>, although maybe they would reconsider, if this brings their circulation numbers up.</li>
</ul>
And that's all the energy I have to give to this story.]]></description>
			<author>YRG</author>
			<pubDate>Thu, 19 Nov 2009 04:17:25 +0000</pubDate>
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			<title>Homeowners: &quot; Hey Congress, Get Off Your Ass&quot;</title>
			<link>http://www.shitheadery.com/Congress/homeowners-q-hey-congress-get-off-your-q/</link>
			<description><![CDATA[<p><em>This article can also <a target="_blank" href="http://www.huffingtonpost.com/richard-zombeck/homeowners-hey-congress-g_b_342665.html">be seen on Huffington Post</a></em></p>
<p>Richard Neiman, in his <a href="http://cop.senate.gov/documents/cop-100909-report-neiman.pdf">Congressional Oversight Panel report</a> called Treasury's goal for home loan modifications at 25,000 modifications a week "robust". By those calculations there should be close to 300,000 homeowners with loan modifications today. Truth is, they're about 298,000 short.</p>
<p><em>This story can also be seen at Huffington Post</em></p>
<p>Last week Ocwen Financial threw themselves a little party for holding 770 of the 1170 successfully completed loan modifications since April. That's a little like getting an ata-boy award for coming home with a "D" on your report card.</p>
<p>Over the weekend Bank of America announced that it had enrolled 125,000 homeowners in the HAMP trial period. Considering Treasury's demand  that the banks come up with a  collective 500,000 by November, that's like starting your homework at 11PM on a Sunday night.</p>
<p>In reality, since the program's introduction in March, Banks and loan servicers have done very little when it comes to follow through. There's very little incentive, oversight, and accountability when it comes to the actual paperwork.<br /></p>
<p>The actual <a href="http://www.propublica.org/ion/bailout/item/the-secret-test-that-ensures-lenders-win-on-loan-mods-915" target="_blank">NPV (Net Present Value) test </a>to determine rates is still a secret and eludes most people. Lenders <a href="http://marketplace.publicradio.org/display/web/2009/10/01/am-loan-mod/" target="_blank">don't have to provide any reason for denying the modification</a> once the three month trial period is completed. In many cases a modification can <a href="http://www.usatoday.com/money/economy/housing/2009-09-14-mortgage-modifications-not-helping_N.htm?loc=interstitialskip" target="_blank">actually increase the monthly payments</a>. So much <a href="http://www.usatoday.com/money/industries/banking/2009-10-20-treasury-bailout-banks_N.htm" target="_blank">for transparency</a>.</p>
<p>The majority of the  offers are nothing more than a plan to keep homeowners in dept and a state of bondage for years to come, according to <a href="http://www.howestreet.com/articles/index.php?article_id=11353" target="_blank">Brent T. White of the James E. Rogers College of Law</a>. Attorney Walter Hackett writes on his blog <a href="http://livinglies.wordpress.com/2009/09/03/dont-get-hamped-out-of-your-home/" target="_blank">Livinglies</a> how "...a homeowner will be offered a 'workout' that can result in the homeowner being 'worked out' of his or her home." <a href="http://livinglies.wordpress.com/2009/09/03/dont-get-hamped-out-of-your-home/" target="_blank">He explains it in his post</a>.</p>
<p>Thousands of frustrated and frightened homeowners have posted their stories on blogs and forums like <a href="/There are thousands of stories form homeonwers who have" target="_blank">givemebackmycredit.com</a> or Loansafe.org, a community of over 20,000 homeowners getting together to save their homes and turn to each other because their's no where else to turn.</p>
<p>In her post, one of <a target="_blank" href="http://www.Shamethebanks.org">Shamethebanks.org</a>'s members, <a href="http://www.loansafe.org/" target="_blank">Teresa Beougher writes</a>:</p>
<p><em><span style="color: #333333;">Your Credit and Debt cycle will be coming to a halt soon enough.  Once upon a time FICO meant something to people, but as the days pass  and information is spread thru out the Social Networks that you so  blatantly ignore, FICO will be little more than a nasty four letter  word in the coming days. You have pushed us aside for the last time.</span></em></p>
<em><span style="color: #333333;"> The Government has offered “Making Homes Affordable” which is nothing  more than another stimulus package for and industry that is well over  padded to begin with. You sit and spin your lies, half truths and all  the while, you expect us to just continue to pay for something that you  inevitably plan to take anyway in the end. </span></em>
<p>Our fearless leaders and elected officials don't really seem to have much to say when it comes to hundreds of foreclosures a week - and that's just in their district.</p>
<p>Congress' apparent strategy in dealing with this is to sit back and let it sort itself out. Remember when the banks were telling us that? That Americans were a tough bunch and they would find a way to save their own homes by getting second jobs, turning down the heat, and not sending their kids to college? That if they really wanted to keep their homes they would find a way to pay and pitch in for the $38 billion in bonuses they needed to give themselves.</p>
<p>My wife and I have been in this for over a year. We've been scammed, berated, conned, and pushed aside every step of the way. When we reached out relentlessly to Massachusetts Attorney General Martha Coakley, we received a form letter explaining how busy she is. Rep. John Tierney's office left a voice mail saying, "I didn't realize you required or expected some kind of action." Barney Frank, John Kerry, and the rest sent us back to Tierney.</p>
<p>So, while the banks, servicers, and lenders are waiting for American tenacity to kick in and pay up and Congress is working hard to keep their "campaign contributions" coming  some American's are banding together to help each other and telling Congress to get to work.</p>
<p>The members at Loansafe.org have put together <a href="http://www.petition2congress.com/2/2564/" target="_blank">a petition</a> demanding that Congress take action:</p>
<p><em><span style="color: #333333;">We propose an immediate halt to all foreclosures until new, mandatory  guidelines are established and that these guidelines be overseen by a  new Consumer Protection Agency, which was recently recommended by  President Obama and endorsed by Sheila Bair, chair of the FDIC. We also  demand that these guidelines include not only a simple 31% of the  borrower’s gross monthly income, but that the Net Present Value (NPV)  test: (a) be created and administered by the government, not the banks,  (b) have its data, assumptions and formula published so that they may  be verified by the public, and (c) be made available at  www.makinghomeaffordable.gov in a calculator form so that people can  learn immediately, with the other eligibility questions available there  now, whether they're eligible for HAMP. We are also strongly advocating  that additional guidelines be formulated that would open the door for  modifications at an even a lower rate in significant hardship  conditions and for writedowns of principal when homes are severely  underwater.</span></em></p>
<p>Without oversight and regulation banks and servicers will continue to pillage as they've been allowed to do for years. Hardworking and previously trusting families will be thrown out of their homes or left to pay for a home that has lost most of its investment due to artificially inflated values. Even with what's being <a href="http://www.huffingtonpost.com/2009/10/22/for-the-lucky-few-who-ren_n_330078.html" target="_blank">laughingly called a modification family's are still left strapped</a> with no way out.</p>
<p>The petition continues:</p>
<p><span style="color: #333333;"><em>There is documented evidence that the current system is not working, as  reflected in the rising foreclosure rates across the nation and the  thousands of people who attend NACA “Save the Dream” events in an  attempt to get their loans modified. There is ample evidence that the  current HAMP and other modification guidelines are being interpreted  differently by each bank, reflected in many places including the  scenarios described by the 20,000+ members of the loansafe.org  community. Additional evidence can be found in hundreds if not  thousands of complaints and requests for assistance sent by struggling  homeowners to their Senators and Congressmen across the country, as  well as the Office of the Comptroller of the Currency and other  agencies that have been instituted to regulate these banks.</em></span></p>
<p>By now, you probably know someone in your family, neighborhood, or at work who is struggling to keep their home. You've also probably figured out that they aren't losing it because they were greedy, as the banks would like us to think. If you don't know someone now, chances are in the coming months you will. According to <a href="http://www.npr.org/blogs/money/2009/08/more_foreclosures_to_come.html" target="_blank">many analysts a second and third wave</a> is coming. Now is the time to act.</p>
<p>As one homeowner and member of Loansafe.org <a href="/Mortgages/our-petition/" target="_blank">wrote on my site</a> says,</p>
<p><span style="color: #333333;"><em>The HAMP programs initiated with great intent by our President, in an  unfortunate circumstance of time, are being played over by our banks.  Banks deny modifications for unreasonable reasons (one of the latest  received by many is “Your Hardship is not a permanent situation.”)  Homes are being foreclosed on in the middle of trial modifications.  Other homeowners are being offered new loan ABOVE their original  mortgage agreement. The banks are getting funded for trial  modifications, but have no one overseeing their efforts in modification  permanency. The program is not working as intended.<br /><br /> It is time to save the American Dream, and get Wall Street out of Main Street!</em></span></p>
<p><a href="http://www.petition2congress.com/2/2564/" target="_blank">Click here to sign the petition.</a></p>]]></description>
			<author>Caped Shitheader</author>
			<pubDate>Tue, 03 Nov 2009 00:07:35 +0000</pubDate>
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