Tuesday, July 29, 2008

The "Mortgage Crisis"

More than 1,800 people showed up to help ABC's "Extreme Makeover" team demolish a family's decrepit home and replace it with a sparkling, four-bedroom mini-mansion in 2005.

Three years later, the reality TV show's most ambitious project at the time has become the latest victim of the foreclosure crisis.

After the Harper family used the two-story home as collateral for a $450,000 loan, it's set to go to auction on the steps of the Clayton County Courthouse Aug. 5. The couple did not return phone calls Monday, but told WSB-TV they received the loan for a construction business that failed.

The house was built in January 2005, after Atlanta-based Beazer Homes USA and ABC's "Extreme Makeover" demolished their old home and its faulty septic system. Within six days, construction crews and hoards of volunteers had completed work on the largest home that the television program had yet built.

The finished product was a four-bedroom house with decorative rock walls and a three-car garage that towered over ranch and split-level homes in their Clayton County neighborhood. The home's door opened into a lobby that featured four fireplaces, a solarium, a music room and a plush new office.

Materials and labor were donated for the home, which would have cost about $450,000 to build. Beazer Homes' employees and company partners also raised $250,000 in contributions for the family, including scholarships for the couple's three children and a home maintenance fund.

ABC said in a statement that it advises each family to consult a financial planner after they get their new home. "Ultimately, financial matters are personal, and we work to respect the privacy of the families," the network said.

Some of the volunteers who helped build the home were less than thrilled about the family's financial decisions.

"It's aggravating. It just makes you mad. You do that much work, and they just squander it," Lake City Mayor Willie Oswalt, who helped vault a massive beam into place in the Harper's living room, told The Atlanta Journal-Constitution.

But wait!  We have to feel sorry for these people who got a FREE HOME AND another $250k in donations.  We simply MUST have the government step in and rescue these poor people because they were lied to from the lender.....no wait, that's not right...They were trying to live the American Dream!....nope.

These people are the kings and queens of stupidity.  They had a 4 bedroom BEAUTIFUL home that most people bust their asses for their whole lives for PAID FOR IN FULL.  Yet, they squander it into trying to be greedy and open up a business and try to make even more money.

This is a perfect example of the "mortgage crisis" in action.  People get greedy by seeing shows like Flip This House, or they are greedy in trying to show off a bigger home then they can afford, and now all of a sudden they are trying to, and thus far succeeding, in getting stupid fucking politicians conned into hard working Americans to pay for a bailout.

Where the FUCK is my 4 bedroom home with a solarium?  Oh wait, that's right, I LIVE in a 4 bedroom home.  But guess what?  My home is about 2,100 square feet, and I EARNED my home.  I didn't have it given to me by a TV show.

This exactly the same problem that people face when you "give a man a fish".  People pour BILLIONS of dollars into Africa, the homeless, and other of the world's problems.  And what do we have to show for it?  Nothing.

How about you TEACH a man to fish?  Show them how to be fiscally responsible, get on their feet, or plant crops to feed their families?   If you give someone something for free, they'll just continue to expect the freebies to keep coming and they'll do nothing to help themselves, which is what your ideal goal is.

I need to go to bed, seeing fucking morons like this who are given free, luxurious homes only to squander them away just irritates me to the bone. Especially when they come crying to legislators about the need to "do something" about the "mortgage crisis".

GRRRR!!!!

Sell your home and get a FUCKING APARTMENT LIKE EVERY GENERATION BEFORE YOU!

Travis

travis@rightwinglunatic.com

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