Grapes of bouncy as the new Okies hit the road: they went to the bank...

[asdf2231]

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4112362

radfringe  (1000+ posts)       Sun Sep-28-08 03:33 PM
Original message
they went to the bank and dropped off the keys to the house
a friend of our's brother went to his bank this week and dropped the keys to his house on the desk

the brother had taken an early retirement last year when he turned 62, (he has some medical problems). His wife was still working, making good money.

In April, the company she worked for went belly-up in a domino effect from the Country-Wide crash. They had some savings, figured they would sell the house and move. The wife went looking for work, he found a part-time job, they put the house on the market.

5 months later, she still can't find a job at the salary they need, she's working for a little above min. wage, full time, but it does have health insurance benefits. He had a heart attack in July, and required by-pass surgery. There were some things the insurance didn't cover, and that just about wiped out their savings, and he had to give up his part-tme job.

The house is still on the market, they had alot of people looking at it, but not one offer, and they can't afford the mortgage payments anymore. The mortgage was a regular one, with fixed rate... not a "too good to be true" deals. They did try to work something out with the bank, but couldn't.

They dropped off the keys at the bank, utilities will be shut off on Monday, and they will leave. They are heading to Denver, staying with a friend. The wife has a job in Denver, working at for a caterer, and he'll be looking for part time work.

lostnotforgotten  (1000+ posts)      Sun Sep-28-08 03:36 PM
Response to Original message
1. Where's Their Bailout?
 eom

Left Brain  (714 posts)      Sun Sep-28-08 03:38 PM
Response to Original message
5. An all too familiar scenario
 that is quickly becoming the norm.

radfringe  (1000+ posts)       Sun Sep-28-08 03:44 PM
Response to Reply #9
12. our friend says this is happening all over his town
 people are dropping off the keys and leaving. some neighborhoods now look like ghost towns

grasswire  (1000+ posts)      Sun Sep-28-08 03:38 PM
Response to Original message
6. Grapes of Wrath part 2
 Anyone who hasn't seen that movie ought to now.

DU Tom Joad: Then it don't matter. I'll be all around in the dark - I'll be everywhere. Wherever you can look - wherever there's a stolen election, so angry people can claim they never got to vote 'cause they were too poor for a picture I.D., I'll be there. Wherever there's a cop jumping out of the bushes to hassle some guy 'cause he looks foreign, I'll be there. I'll be in the way guys yell when they're mad about the BFEE or MIHOP or LIHOP and PNAC. I'll be in the way kids laugh when they're hungry and they know Obama's gonna give 'em free cheese and a new corvette, and when the people are eatin' the stuff that other people's taxes paid for and livin' in the houses they got from relaxed sub prime mortgage regulations and subsidized housing programs- I'll be there, too.



 

[GOBUCKS]

radfringe  (1000+ posts)       Sun Sep-28-08 03:44 PM
Response to Reply #9
12. our friend says this is happening all over his town
people are dropping off the keys and leaving. some neighborhoods now look like ghost towns

Many DUmmies report banks installing key drops, simlar to dropoff boxes at the video store. Every few hours, a teller comes out to bring in the latest batch of keys.

[Toastedturningtidelegs]

 

DU Tom Joad: Then it don't matter. I'll be all around in the dark - I'll be everywhere. Wherever you can look - wherever there's a stolen election, so angry people can claim they never got to vote 'cause they were too poor for a picture I.D., I'll be there. Wherever there's a cop jumping out of the bushes to hassle some guy 'cause he looks foreign, I'll be there. I'll be in the way guys yell when they're mad about the BFEE or MIHOP or LIHOP and PNAC. I'll be in the way kids laugh when they're hungry and they know Obama's gonna give 'em free cheese and a new corvette, and when the people are eatin' the stuff that other people's taxes paid for and livin' in the houses they got from relaxed sub prime mortgage regulations and subsidized housing programs- I'll be there, too.

I can almost hear Henry Fondas voice right now! HI5

[Chris_]

Ptui, spiiiiiit. These grapes are sour.
Bounce.

[Traveshamockery]

They all sound like victims.  They are victims of George Bush and those other rascally Republicans. 

They are too dumb to realize it's their own party causing the problems.  Giving home loans to people who can't pay them back doesn't work. 

As a person who was taught to take care of myself at all times and NEVER, EVER, EVER to rely on another person or entity to take care of me, I'm disgusted by these people who think the government owes them. 

Golly gee, why does it seem like those who complain about not being able to afford their mortgage payments also have two nice cars they can't pay for, furniture they can't pay for, kids and jewelry they can't pay for, and when it all comes tumbling down it's someone else's fault?

Dummies!

[mamacags]

The last repo moving day I saw starred the sweet camaro in the garage.  That thing could have gotten them at least 4 months worth of house payments.

[jtyangel]

The last repo moving day I saw starred the sweet camaro in the garage.  That thing could have gotten them at least 4 months worth of house payments.

You know, you bring up a good point, mama. We have some 'luxuries' added on to the house that if particularly desperate we could sell for a couple months house payments--the hot tub being one. Maybe people just lack the creative thinking skills anymore to get themselves by.

[Tucker]

radfringe  (1000+ posts)       Sun Sep-28-08 03:33 PM
Original message
they went to the bank and dropped off the keys to the house
a friend of our's brother went to his bank this week and dropped the keys to his house on the desk

the brother had taken an early retirement last year when he turned 62, (he has some medical problems). His wife was still working, making good money.

In April, the company she worked for went belly-up in a domino effect from the Country-Wide crash. They had some savings, figured they would sell the house and move. The wife went looking for work, he found a part-time job, they put the house on the market.

5 months later, she still can't find a job at the salary they need, she's working for a little above min. wage, full time, but it does have health insurance benefits. He had a heart attack in July, and required by-pass surgery. There were some things the insurance didn't cover, and that just about wiped out their savings, and he had to give up his part-tme job.
The house is still on the market, they had alot of people looking at it, but not one offer, and they can't afford the mortgage payments anymore. The mortgage was a regular one, with fixed rate... not a "too good to be true" deals. They did try to work something out with the bank, but couldn't.

They dropped off the keys at the bank, utilities will be shut off on Monday, and they will leave. They are heading to Denver, staying with a friend. The wife has a job in Denver, working at for a caterer, and he'll be looking for part time work.

How can he work part time when he moves but not now?

More DUmmy logic.

[USA4ME]

Big bouncy.  Voluntary foreclosures are few and far between.  It's usually the occupants holding out in the house for months and months until such time foreclosure does take place and the police have to be called to escort them out.

.

[Splashdown]

Hi5 just for the title of the thread!

[DumbAss Tanker]

Hi5 just for the title of the thread!

Seconded!  "Grapes of Bouncy."  Genius!

 

[BlueStateSaint]

Hi5 just for the title of the thread!

Seconded!  "Grapes of Bouncy."  Genius!

 

Do they make a red or a white whine?

[Red October]

Hi5 just for the title of the thread!

Seconded!  "Grapes of Bouncy."  Genius!

 

Do they make a red or a white whine?

Definately a red wine.  Buncha commies.

[BlueStateSaint]

Hi5 just for the title of the thread!

Seconded!  "Grapes of Bouncy."  Genius!

 

Do they make a red or a white whine?

Definately a red wine.  Buncha commies.

Red, Red, Red . . . BS for misspelling "whine."     (Not for being a Phillthies fan.)