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Banks Guilty of Terrorism |
12-18-08
As our economy continues its downturn American homeowners are expected to lose another 2 trillion in home values before the end of the year. The bailout loan for banks has been an utter failure since the banks that received money have not loosened their credit requirements and certain other banks continue to make credit harder for Americans to obtain. This is causing catastrophic damage to homeowners nationwide who have been desperately waiting for some form of aid from that bailout bill that never arrived. Instead a program call Hope for Homeowners was formed and with the option of the banks to allow you into the program. Naturally many banks still outright refuse to help anyone in need or make the requirements so high that help always seems out of reach. Also banks that finally do agree to modify or rework your mortgage often do so but only slightly reduce payments and often require closing costs out of pocket and paperwork more elaborate then applying for a new home loan.
Ladies and gentlemen this is the greatest act of domestic terrorism that has ever been allowed to exist. Banks that are refusing to help good honest hard working Americans are on the same level as terrorists since they are causing irreparable damage to the homeowners and the American people as a whole with their unreasonable policies. This has directly resulted in a global slowdown that froze the credit markets and as a result has forced many employers to let go portions of their staff do to a lack of capital. In many areas of our economy we are back to 1980 levels or earlier, American progress has been erased do to greed and domestic bank terrorism and Paulson is being accused of misusing the $700 billion bailout package.
However on a positive note Bernanke has urged that the remaining bailout money be used to help homeowners immediately however it is not clear if his concerns or if his demands will be meet or considered since he has been voicing these concerns for some time now.
In these hard times you can not let the banks get away with unjust practices especially since you the tax payer bailed them out and now they are not returning the favor as once thought. You the American homeowner needs to stand up and fight back with all your might if you want to save your home. Make sure to keep calling your bank and keep demanding to speak with managers, this should be your everyday routine. Contact your states banking department and file a complaint and detail what they did to you. We can not let them get away with domestic terrorism. Contact Hope Now and review all the free information on this website to learn about what you can do now, but do not forget to fight the banks that have destroyed our wonderful country.
If you have been harmed by a bank and would like to name that bank and tell your story please do so in our Mortgagor Hall of Shame and I also urge everyone to copy their story and send it to their representatives in government .
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