what a foreclosure relief bill really looks like
by Emma Onom
Published: July 27, 2008
Dear Sen. Dodd,
I’m writing today to thank you for your recent efforts to help me out of my mortgage crisis. This is really a dream come true for me, because I’ve really been through the wringer these last few years!
First of all, my dad cut me off in college and wouldn’t pay for my car or credit cards anymore. So I ran up a lot of debt, but a friend told me I could just declare bankruptcy and erase it all. So I was debt-free, but since then my credit hasn’t been that great, and no one would give me a good rate on a loan. Hey, a girl deserves a second chance, right?
Well, then another friend told me that the housing market was booming and I should buy a place and flip it. I bought the cutest little 1,500 square foot home for $600,000 in Little Rock, Arkansas, but I guess I bought it at the end of the “bubble,” so now no one will buy it.
I’m sure you can see where this is going, Chris. It totally wasn’t my fault, and I don’t have $600,000 to pay back that subprime mortgage. (By the way, why didn’t the federal government do something to keep me from buying that house?) Now someone needs to compensate me for my struggles to live the American Dream!
That stimulus check I got earlier this year sure was a start, but it’s not going to get this looming foreclosure off my back. However, thanks to you, it looks like I won’t have to be responsible for my huge debt problems and I might not have to declare bankruptcy - again! What a pal.
Sincerely,
Emma
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July 29th, 2008 at 2:08 am
Awesome letter Emma. You’re a gem.
August 3rd, 2008 at 8:35 am
hahah Emma, i love it. You should also ask Dodd to propose a bill that would enforce those people who cant afford their payments to be able to walk from house to house and demand money. Why take the longer way through taxes?
August 12th, 2008 at 12:09 pm
I for one am so grateful that my neighbors are not responsible for their debts. My husband and I, and our three kids, rent a two bedroom house. We use to dream of owning a home of our own, but when I see how much joy others get out of living in houses they can’t afford, I just want to give and give and give and never have anything for myself. Plus the government is saving me from having to take care of my own property, instead I get to do yardwork and fence painting on someone else’s investment. Thank goodness the federal government is making this possible without any extra effort on my part. Now if we could only get them to take away enough of our hard earned money that we can’t afford groceries, then I could lose a couple of extra pounds.